Category «Financial System»

Census – Supplemental Poverty Measure Overview

“In 2010, an Interagency Technical Working Group (which included representatives from the Bureau of Labor Statistics (BLS), the Census Bureau, the Economics and Statistics Administration, the Council of Economic Advisers, the U.S. Department of Health and Human Services, and OMB) issued a series of suggestions to the Census Bureau and BLS on how to develop …

Subjects: Economy, Financial System, Government Documents

Monetary Policy and the Federal Reserve: Current Policy and Conditions

CRS – Monetary Policy and the Federal Reserve: Current Policy and Conditions, Marc Labonte, Specialist in Macroeconomic Policy, January 7, 2014. “Congress has delegated responsibility for monetary policy to the Federal Reserve (the Fed), but retains oversight responsibilities to ensure that the Fed is adhering to its statutory mandate of  “maximum employment, stable prices, and moderate long-term interest rates.” It has …

Subjects: Congress, Economy, Financial System, Government Documents

American Bankers Association – Consumer Delinquencies Fall Significantly in Third Quarter

News release: “Consumer delinquencies declined significantly in last year’s third quarter as the economy improved and consumers better managed their finances, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. The composite ratio, which tracks delinquencies in eight closed-end installment loan categories, fell 13 basis points to 1.63 percent of all accounts in …

Subjects: Economy, Financial System

Article – The Prudential Regulation of Financial Institutions

The Prudential Regulation of Financial Institutions – Why Regulatory Responses to the Crisis May Not Prove Sufficient, by William White. Article published in the School of Public Policy – SPP Research Papers – University of Calgary – Volume 6 Issue 33 – October 2013. “It is now six years since a devastating financial and economic crisis rocked …

Subjects: Economy, Financial System, Government Documents

The State of the Banking Sector in Europe

OECD – Dirk Schoenmaker, Toon Peek – Duisenberg School of Finance, Netherlands. Jan 6, 2014. “This paper reviews the state of the banking sector in Europe. At the aggregate level, the empirical data suggest that the Baltics, Cyprus, Greece and Ireland, in particular, are hit by a strong decline in lending in the wake of the financial crisis. …

Subjects: Economy, Financial System, Government Documents

2014–15 Occupational Outlook Handbook

“The 2014–15 Occupational Outlook Handbook (OOH) was released today by the U.S. Bureau of Labor Statistics (BLS). The OOH reflects BLS employment projections for the 2012–22 decade. The OOH is one of the nation’s most widely used sources of career information. It provides details on hundreds of occupations and is used by career counselors, students, parents, teachers, jobseekers, career changers, …

Subjects: Economy, Financial System, Government Documents

Determinants of European Bank CDS Spreads in Times of Crisis

Samaniego-Medina, Reyes and Trujillo‐Ponce, Antonio and Cardone-Riportella, Clara and Parrado-Martínez, Purificación, Determinants of European Bank CDS Spreads in Times of Crisis (December 1, 2013). WP Funcas, No. 736. Available at SSRN: http://ssrn.com/abstract=2375715 “Since the beginning of the financial crisis, the credit default swap (CDS) spreads of the European banks have severely increased. This paper empirically …

Subjects: Economy, Financial System

The Concentration of Wealth in New York City

Changes in the Structure of Household Income by Race/Ethnic Groups and Latino Nationalities 1990 – 2010 – Laird W. Bergad, Distinguished Professor, Department of Latin American, Latino and Puerto Rican Studies, Lehman College, Ph.D. Program in History, Graduate Center. “This study examines the concentration of wealth in New York City between 1990 and 2010 using data on household income from …

Subjects: Economy, Financial System, Government Documents

Minutes of the Federal Open Market Committee, December 17-18, 2013

“The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on December 17-18, 2013. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. The minutes for each …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Government Support for Bank Holding Companies, InfoSec, James Webb Space Telescope

GOVERNMENT SUPPORT FOR BANK HOLDING COMPANIES – Statutory Changes to Limit Future Support Are Not Yet Fully Implemented, GAO-14-174T, Jan 8, 2014: “GAO found that from 2007 through 2009, the federal government’s actions to stabilize the financial system provided significant funding support and other benefits to bank holding companies and their subsidiaries. The Board of Governors of …

Subjects: Cybercrime, Defense, Economy, Financial System, Government Documents, ID Theft, Internet, Privacy

Medical Debt Among People With Health Insurance

Kaiser Family Foundation: ” With one in three Americans reporting that they have difficulty paying their medical bills, this report looks at some of the reasons Americans encounter medical debt, even when they have insurance, by drawing insights from the experiences of nearly two dozen people who recently experienced such problems. This report identifies common causes and …

Subjects: Economy, Financial System, Health Care, Medicine

National Health Spending In 2012 Marks Fourth Year of Low Growth

“In 2012 U.S. health care spending increased 3.7 percent to reach $2.8 trillion, or $8,915 per person, the fourth consecutive year of slow growth. The share of the economy devoted to health spending decreased from 17.3 percent in 2011 to 17.2 percent in 2012, as the Gross Domestic Product increased nearly one percentage point faster …

Subjects: Congress, Economy, Financial System, Government Documents, Health Care, Medicine