Category «Financial System»

The Distribution of Household Income and the Middle Class

CRS – The Distribution of Household Income and the Middle Class. Craig K. Elwell, Specialist in Macroeconomic Policy, March 10, 2014 “The shape of the income distribution is not itself a subject of legislation, but Members of Congress appear to consider it in their decision-making process concerning a number of policy issues such as taxes, means-tested benefits, and …

Subjects: Congress, Economy, Financial System, Government Documents

Banking union: restoring financial stability in the Eurozone

Press release (includes charts and graphs): “Since the crisis started in 2008, the European Commission has worked hard to learn all the lessons from the crisis and create a safer and sounder financial sector. The Commission has proposed 28 new rules to better regulate, supervise, and govern the financial sector so that in future taxpayers …

Subjects: Economy, Financial System, Government Documents

Recent Trends in Federal Home Loan Bank Advances to JPMorgan Chase and Other Large Banks

Federal Housing Finance Agency Office of Inspector General, Evaluation Report, EVL-2014-006, April 16, 2014.  Recent Trends in Federal Home Loan Bank Advances to JPMorgan Chase and Other Large Banks. “The Federal Home Loan Bank System (System) is comprised of 12 regional Federal Home Loan Banks (FHLBanks) and the Office of Finance. The FHLBanks make secured loans, known as advances, to …

Subjects: Economy, Financial System, Government Documents

Tax burdens on labour income continue to rise across the OECD

“Personal income tax has risen in 25 out of 34 OECD countries over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, according to new data in the annual Taxing Wages publication. The increases in tax burdens on labour income in 2013 were largest …

Subjects: Economy, Financial System, Government Documents

PRA publishes information on data collection requests relating to life and general insurance firms

“The PRA has updated its website with information about data requests that will be sent to a number of life and general insurance firms in 2014- 2015 to support preparations for, and the transition to, Solvency II. The PRA will send the first data request directly to all firms in early May 2014. The deadline for …

Subjects: Economy, Financial System

EU Report – Text and Data Mining

Standardisation in the area of innovation and  technological development, notably in the field of Text and Data Mining – Report from the Expert Group, 2014. “Text and data mining (TDM) is an important technique for analysing and extracting new insights and knowledge from the exponentially increasing store of digital data (‘Big Data’). It is important to understand the …

Subjects: Economy, Financial System, Internet, Knowledge Management, Search Engines

Beta Release of Workforce Statistics Analysis Tool

“The U.S. Census Bureau is unveiling a new Web-based analysis tool that provides access to the full Quarterly Workforce Indicators dataset. The tool — named QWI Explorer — includes measures on employment, job creation and destruction, hires and wages from the Longitudinal Employer-Household Dynamics program. QWI Explorer allows users to compare, rank and aggregate indicators …

Subjects: Defense, Economy, Financial System, Government Documents

Supervisory framework for measuring and controlling large exposures – final standard

“This Basel Committee on Banking Supervision standard sets out a supervisory framework for measuring and controlling large exposures. The framework is scheduled to take effect from 1 January 2019 and will supersede the Committee’s 1991 standard on this topic. Since publication of the original standard, the financial system has changed dramatically. While many jurisdictions modelled their national rules …

Subjects: Economy, Financial System, Government Documents

Trade linkages and the globalisation of inflation in Asia and the Pacific

Trade linkages and the globalisation of inflation in Asia and the Pacific by Raphael Auer and Aaron Mehrotra. Working Papers No 447, April 2014 “Some observers argue that increased real integration has led to greater comovement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we …

Subjects: Economy, Financial System, Government Documents

BIS – One currency, two markets: the renminbi’s growing influence in Asia-Pacific

One currency, two markets: the renminbi’s growing influence in Asia-Pacific by Chang Shu, Dong He and Xiaoqiang Cheng. “This study presents evidence of the renminbi’s growing influence in the Asia-Pacific region. The CNH market – the offshore renminbi foreign exchange market in Hong Kong SAR – is found to exert an effect on Asian currencies that is distinct from that …

Subjects: Economy, Financial System, Government Documents

2014 Equilar 100 CEO Pay Study

“The New York Times recently released its coverage of the Equilar 100 CEO Pay Study, an annual study of CEOs at the 100 largest U.S. publicly-traded companies provided exclusively by Equilar. Over the past eight years, Equilar has been the preferred data provider to The Times for executive compensation information. As part of this collaboration, Equilar provides data on …

Subjects: Economy, Financial System