Category «Financial System»

International Trade and Carbon Leakage: Working Paper 2013-08

Working Paper Series, Congressional Budget Office. International Trade and Carbon Leakage, Bruce Arnold, December 2013. Working Paper 2013-08 “Under a broad-based carbon tax or cap-and-trade program, some of the reduction in U.S. carbon dioxide emissions would probably be offset by increases in foreign emissions that would not otherwise have occurred, a phenomenon known as carbon leakage. Industries with substantial total …

Subjects: Economy, Financial System, Government Documents

Measuring OECD Responses to Illicit Financial Flows from Developing Countries

Measuring OECD Responses to Illicit Financial Flows from Developing Countries “Strengthening OECD firewalls can only do so much to combat a phenomenon which thrives on weak governance. This report highlights that donor agencies can support this goal through their central role in linking OECD and developing countries, and using their aid to support governments willing …

Subjects: Economy, Financial System, Government Documents, Legal Research

Resetting the Poverty Debate: State of the States 2013

Resetting the Poverty Debate: State of the States 2013 by Erik Stegman and Sarah Baron | December 17, 2013 “In 2012, the official poverty rate in the United States was 15 percent, statistically unchanged from 2011. Nearly one in six people, or 46.5 million Americans, lived below the official federal poverty line—$23,492 per year for a family of four. Each year, to track …

Subjects: Congress, Economy, Financial System, Government Documents

Federal Reserve issues FOMC statement December 18, 2013

“Information received since the Federal Open Market Committee met in October indicates that economic activity is expanding at a moderate pace. Labor market conditions have shown further improvement; the unemployment rate has declined but remains elevated. Household spending and business fixed investment advanced, while the recovery in the housing sector slowed somewhat in recent months. …

Subjects: Economy, Financial System, Government Documents

CFPB Should Reassess Approach to Integrating Enforcement Attorneys Into Examinations and Enhance Associated Safeguards

Office of Inspector General – Evaluation Report 2013-AE-C-021. The CFPB Should Reassess Its Approach  to Integrating Enforcement Attorneys  Into Examinations and  Enhance Associated Safeguards. December 16, 2013. “The CFPB should determine the appropriate level of enforcement attorney integration into examinations by reassessing the potential risks associated with the practice against the potential benefits and document the results of …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Legal Research

A Tale of Two Commitments: Equilibrium Default and Temptation

A Tale of Two Commitments: Equilibrium Default and Temptation, Makoto Nakajima, Federal Reserve Bank of Philadelphia. December 11, 2013. FRB of Philadelphia Working Paper No. 14-1 “I construct the life-cycle model with equilibrium default and preferences featuring temptation and self-control. The model provides quantitatively similar answers to positive questions such as the causes of the observed rise in debt …

Subjects: Congress, Economy, Financial System, Government Documents

Social Media: Consumer Compliance Risk Management Guidance

“The Office of the Comptroller of the Currency (OCC), in collaboration with the other members of the Federal Financial Institutions Examination Council (FFIEC), today published in the Federal Register final supervisory guidance titled Social Media: Consumer Compliance Risk Management Guidance. Technological advancements allow financial institutions to use social media in a variety of ways, including marketing; facilitating applications for …

Subjects: Blogs, E-Government, Economy, Financial System, Government Documents, Internet, Marketing

Treasury International Capital data for October 2013

“The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2013. The next release, which will report on data for November 2013, is scheduled for January 16, 2014. The sum total in October of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC …

Subjects: Economy, Financial System, Government Documents

Office of Financial Research Releases Second Annual Report

“The Office of Financial Research (OFR) today submitted to Congress its 2013 Annual Report, fulfilling a requirement to annually assess the state of the United States financial system and analyze threats to U.S. financial stability. According to the report, threats include vulnerabilities in markets for securities financing transactions and credit, vulnerabilities to an increase in interest rates and …

Subjects: Congress, Economy, Financial System, Government Documents, Knowledge Management, Legislation

New GAO Reports – Clinical Data Registries, Federal Employees Health Benefits, 401(k) Plans

CLINICAL DATA REGISTRIES – HHS Could Improve Medicare Quality and Efficiency through Key Requirements and Oversight, GAO-14-75, Dec 16, 2013 FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM – Oversight of Carriers’ Fraud and Abuse Programs, GAO-14-39, Nov 14, 2013 FINANCIAL AUDIT – Bureau of Consumer Financial Protection’s Fiscal Years 2013 and 2012 Financial Statements, GAO-14-170R, Dec 16, 2013 FINANCIAL AUDIT – Federal Housing Finance …

Subjects: Economy, Financial System, Government Documents, Health Care, Securities Law

Census Report – Small Area Income and Poverty Estimates: 2012 Highlights

Small Area Income and Poverty Estimates (SAIPE):  2012 Highlights. U.S. Census Bureau. Social, Economic and Housing Statistics Division (SEHSD). Small Area Estimates Branch (SAEB) . Issued December 2013. “This document presents 2012 data released by the Small Area Income and Poverty Estimates (SAIPE) program of the U.S. Census Bureau in December of 2013. The SAIPE program produces single-year poverty statistics for …

Subjects: E-Government, Economy, Financial System, Government Documents, Housing

Annual Growth Survey 2014 – EU economic priorities

“The Annual Growth Survey launches the European Semester by setting out the broad EU economic priorities for the year to come. It is the first step in the annual cycle. The biggest challenge now facing Europe’s economy is how to sustain the recovery that is now underway. This is the main message of the 2014 Annual Growth Survey adopted by …

Subjects: Economy, Financial System, Government Documents