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FEDERAL REAL PROPERTY: Improved Transparency Could Help Efforts to Manage Agencies’ Maintenance and Repair Backlogs, GAO-14-188: Published: Jan 23, 2014. Publicly Released: Feb 24, 2014. STRATEGIC SOURCING: Selected Agencies Should Develop Performance Measures on Inclusion of Small Businesses and OMB Should Improve Monitoring, GAO-14-126: Published: Jan 23, 2014. Publicly Released: Feb 24, 2014.
Friedman, Henry L., Risk, Incentives, and the Desirability of Prudent Managers (February 1, 2014). Available at SSRN: http://ssrn.com/abstract=2399690 “I analyze a model in which the CFO oversees a reporting system that provides information useful for monitoring, decision-making, and contracting. The CFO’s actions influence the precision and bias of the performance metric, as well as the …
CNNMoney: “If it wasn’t already obvious, it certainly is now: The Federal Reserve didn’t see the Great Recession coming until it was in the thick of the crisis. “I think there are a lot of indications that we may soon be in a recession,” former Federal Reserve Chairman Ben Bernanke told his colleagues in January 2008, …
U.S.-China Relations: Toward a New Model of Major Power Relationship. Edited by Rudy deLeon, Senior Vice President of the National Security and International Policy team at the Center for American Progress and Yang Jiemian, President of the Shanghai Institute for International Studies. February 2014. “In conjunction with the initiative of the two presidents [President Barak Obama and President …
Independence of Federal Financial Regulators. Henry B. Hogue, Specialist in American National Government; Marc Labonte, Specialist in Macroeconomic Policy; Baird Webel, Specialist in Financial Economics. February 12, 2014 “This report discusses institutional features that make federal financial regulators (as well as other independent agencies) relatively independent from the President and Congress. These characteristics are diverse, their relationship to independence sometimes subtle, and they are …
Consultation Paper – Feasibility study on approaches to aggregate OTC derivatives data. Financial Stability Board. February 4, 2014. “A good deal of progress has been made in establishing the market infrastructure to support the commitment that all contracts be reported to TRs. However, the data will be reported to multiple TRs located in a number of jurisdictions. The …
“The New York Fed’s Household Debt and Credit Report for 2013Q4 shows that net aggregate household borrowing has resumed, and our blog post discusses who is driving this change and how it compares with 2006. The charts here show contributions to changes in balances by borrower age and credit score (we use the Equifax Risk Score for these) for …
“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 28-29, 2014. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s Annual …
IRS’S OFFSHORE VOLUNTARY DISCLOSURE PROGRAM: 2009 Participation by State and Location of Foreign Bank Accounts, GAO-14-265R: Published: Jan 6, 2014. Publicly Released: Feb 19, 2014. MEDICAID: Demographics and Service Usage of Certain High-Expenditure Beneficiaries, GAO-14-176: Published: Feb 19, 2014. Publicly Released: Feb 19, 2014. OIL AND GAS: Interior Has Begun to Address Hiring and Retention Challenges but Needs to Do More, GAO-14-205: Published: Jan …
CBO report, February 4, 2014: “The deep recession that began in December 2007, when the economy began to contract, and ended in June 2009, when the economy began to expand again, has had a lasting effect on the labor market. More than four and a half years after the end of the recession, employment has …
The Debt Limit Since 2011. D. Andrew Austin, Analyst in Economic Policy. February 12, 2014. “The Constitution grants Congress the power to borrow money on the credit of the United States—one part of its power of the purse—and thus mandates that Congress exercise control over federal debt. Control of debt policy has at times provided Congress with a means …
“The BIS effective exchange rate (EER) indices now cover 61 economies (including individual euro area countries and, separately, the euro area as an entity). The most recent weights are based on trade in 2008-10 and the indices’ base year is 2010. Two basket compositions are available: Broad indices comprising 61 economies, with data from 1994 (CSV, 172 …
