Category «Financial System»

82 of top 100 publicly traded U.S. companies operate subsidiaries in tax haven jurisdictions

“With Congress considering big cuts to public programs, U.S. PIRG released fresh evidence that the vast majority of large companies are dodging taxes by stashing money in offshore tax havens. In a study of the top 100 publicly traded companies, as measured by revenue, the study  – Offshore Shell Games  – reveals that 82 maintain …

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

The Inequality of Declining Wages During the Recovery

The Inequality of Declining Wages During the Recovery – National Employment Law Project Fact Sheet, July 2013. “A previous NELP analysis found that while job losses during the recession were heavily concentrated in mid-wage occupations, the early recovery was led by employment growth in lower-paying occupations. This fact sheet turns from analyzing employment to analyzing  …

Subjects: Economy, Financial System, Government Documents

New GAO Reports: Army Logistics, Coast Guard, Defense Acquisitions, Defective Drywall, Drug Compounding

Army Logistics – Container Handling Equipment Requirements, Contracts, and Inventory, GAO-13-719R, Jul 31, 2013 Coast Guard – Observations on Progress Made and Challenges Faced in Developing and Implementing a Common Operational Picture, GAO-13-784T, Jul 31, 2013 Defense Acquisitions – DOD Efforts to Adopt Open Systems for Its Unmanned Aircraft Systems Have Progressed Slowly, GAO-13-651, Jul …

Subjects: Economy, Financial System, Government Documents

Dallas Fed – The Costs and Consequences of the 2007–09 Financial Crisis

How Bad Was It? The Costs and Consequences of the 2007–09 Financial Crisis –  Staff PAPERS. Federal Reserve Bank of Dallas No. 20, July 2013. Tyler Atkinson, David Luttrell, Harvey Rosenblum “The 2007-2009 financial crisis was associated with a huge loss of economic output and financial wealth, psychological consequences and skill atrophy from extended unemployment, …

Subjects: Economy, Financial System, Government Documents

Rulemaking – Understanding and Getting Better Public Participation

Rulemaking 2.0: Understanding and Getting Better Public Participation by Cynthia Farina – Mary Newhart “This report provides important insights in how governments can improve the rulemaking process by taking full advantage of Rulemaking 2.0 technology. The report’s findings and recommendations are based on five experiments with Rulemaking 2.0 conducted by CeRI researchers, four in partnership …

Subjects: Financial System, Government Documents, Legislation

Basel III’s Capital Adequacy Requirements

Howard, Cory, ‘Under Pressure’: Basel III’s Capital Adequacy Requirements Squeeze Broker-Dealer’s Returns on Equity, Increase the Need for the Imposition of Uniform Fiduciary Duties (July 23, 2013). John Marshall Law Journal, Vol. 7, No. 1, Fall 2013, Forthcoming. Available at SSRN “The most recent round of international banking regulations promulgated by the Basel Committee on …

Subjects: Economy, Financial System, Government Documents

On the correlation between commodity and equity returns

On the correlation between commodity and equity returns: implications for portfolio allocation. by Marco Jacopo Lombardi and Francesco Ravazzolo.  Working Papers No 420, July 2013. Bank for International Settlement. “In the recent years several commentators hinted at an increase of the correlation between equity and commodity prices, and blamed investment in commodity-related products for this. …

Subjects: Economy, Financial System, Government Documents

New GAO Reports – Farm Programs, Grant Workforce, Insurance Markets, Medicare, NOAA, Education

Farm Programs – USDA Needs to Do More to Prevent Improper Payments to Deceased Individuals, GAO-13-503, Jun 28, 2013 Grant Workforce – Agency Training Practices Should Inform Future Government-wide Efforts, GAO-13-591, Jun 28, 2013 Insurance Markets – Impacts of and Regulatory Response to the 2007-2009 Financial Crisis, GAO-13-583, Jun 27, 2013 Medicare – Ownership Status …

Subjects: Economy, Education, Financial System, Government Documents

McKinsey – Measuring the full impact of digital capital

Measuring the full impact of digital capital July 2013 | byJacques Bughin and James Manyika “On July 31, 2013, the US Bureau of Economic Analysis will release, for the first time, GDP figures categorizing research and development as fixed investment. It will join software in a new category called intellectual-property products. In our knowledge-based economy, this is a sensible …

Subjects: E-Commerce, Economy, Financial System, Knowledge Management

The Role of Professors in Improving Financial Literacy

Eades, Kenneth M., Fox, Jonathan, Keown, Arthur J. and Staten, Michael, The Role of Professors in Improving Financial Literacy: Roundtable Session Highlights from the 2012 FMA Annual Meeting (July 26, 2013). “This roundtable session was organized to answer the question:“What can I do as a finance professor to increase the personal financial capability of my …

Subjects: Education, Financial System

Climate science: Vast costs of Arctic change

Climate science: Vast costs of Arctic change. Gail Whiteman, Chris Hop & Peter Wadhams. Nature 499, 401–403 (25 July 2013) doi:10.1038/499401a “Unlike the loss of sea ice, the vulnerability of polar bears and the rising human population, the economic impacts of a warming Arctic are being ignored. Most economic discussion so far assumes that opening …

Subjects: Climate Change, Energy, Financial System