Accurate, Focused Research on Law, Technology and Knowledge Discovery With Daily Postings Since 2002
The State of Women in America: A 50-State Analysis of How Women Are Faring Across the Nation – Center for American Progress. September 2013 “The role of women in the United States has changed dramatically over the past few decades. For one, more and more women have taken on new responsibilities outside the home by joining …
Pew Fact Tank – The growing economic clout of the college educated, by Richard Fry “Last week’s data released by the Census Bureau vividly demonstrated the growing income inequality in the U.S. But deeper in the data, there’s another related finding that is also striking: The growing income accruing to the nation’s college-educated households. For …
Negative Equity and Housing Investment, Andrew Haughwout, Sarah Sutherland, and Joseph Tracy. Federal Reserve Bank of New York. September 2013 “Housing is a depreciating asset. The rate of depreciation depends on the degree to which households engage in housing investments. Housing investment expenditures economy-wide are sizable, averaging 45 percent of the value of new home construction over the …
Dong Beom Choi, Federal Reserve Bank of New York. September 2013 “This paper provides a model of systemic panic among financial institutions with heterogeneous fragilities. Concerns about potential spillovers from each other generate strategic interaction among institutions, triggering a preemption game in which one tries to exit the market before the others to avoid spillovers. Although …
By Richard Fischer and Eric Rodriguez, September 2013: “This paper reviews the key actions and decisions that the newly created Consumer Financial Protection Bureau has undertaken since it was first created by law three years ago. The mandate of this new agency is to ensure consumer financial products and services and the markets for those products …
News release: “The Federal Reserve Board on Tuesday issued two interim final rules that clarify how companies should incorporate the Basel III regulatory capital reforms into their capital and business projections during the next cycle of capital plan submissions and stress tests. Rules to implement the Basel III capital reforms in the United States were …
Poverty Rate Remains High, Gender Poverty Gap Persists. Poverty Rate Fourth Highest In 45 Years. Highest Ever Number Of Poor People. Women’s Legal Defense Fund. “The poverty report for 2012 released today by the Census Bureau indicates that the poverty rate was 15.0% in 2012, the same as in 2011, but well above the 12.3% rate …
William C. Dudley, President and Chief Executive Officer, Federal Reserve Bank of New York – Remarks at Fordham Wall Street Council, Fordham University Graduate School of Business, New York City, As prepared for delivery: “…This morning my remarks will focus on the U.S. economic outlook. I am also going to discuss a new tool that …
Reaching the Debt Limit: Background and Potential Effects on Government Operations, September 19, 2013 “The gross federal debt, which represents the federal government’s total outstanding debt, consists of (1) debt held by the public and (2) debt held in government accounts, also known as intragovernmental debt. Federal government borrowing increases for two primary reasons: (1) …
Gender Wage Gap Projected to Close in Year 2058: Most Women Working Today Will Not See Equal Pay during their Working Lives by Institute for Women’s Policy Research (September 2013)
News release: “Regional and state unemployment rates were little changed in August. Eighteen states and the District of Columbia had unemployment rate increases, 17 states had decreases, and 15 states had no change, the U.S. Bureau of Labor Statistics reported today. Thirty-six states and the District of Columbia had unemployment rate decreases from a year …
Working Paper No. 472: International capital flows and development: financial openness matters – Dennis Reinhardt, Luca Antonio Ricci and Thierry Tressel, June 2013. Bank of England. “Does capital flow from rich to poor countries? We revisit the Lucas paradox and ask whether it results from a lack of capital account openness. We find that, when …
