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Revisiting the Debt Sustainability Framework for Low-Income Countries. Prepared by Staffs of the World Bank and the International Monetary Fund. Approved by Otaviano Canuto and Siddharth Tiwarim, January 11, 2012 “Introduced in 2005, the joint World Bank-IMF Debt Sustainability Framework (DSF) is a standardized framework for conducting public and external debt sustainability analysis (DSA) in …
The Depreciating Dollar: Economic Effects and Policy Response. Craig K. Elwell, Specialist in Macroeconomic Policy, February 23, 2012 “A trend depreciation of the dollar since 2002 raises concern among some in Congress and the public that the dollars decline is a symptom of broader economic problems, such as a weak economic recovery, rising public debt, …
U.S. Strategic Nuclear Forces: Background, Developments, and Issues. Amy F. Woolf, Specialist in Nuclear Weapons Policy, February 22, 2012 “During discussions about the 2010 Nuclear Posture Review, Congress reviewed and discussed the plans for maintaining and modernizing U.S. strategic nuclear forces. Although the United States plans to reduce the number of warheads deployed on its …
The President’s Framework for Business Tax Reform , A Joint Report by The White House and the Department of the Treasury, February 2012 “Americas system of business taxation is in need of reform. The United States has a relatively narrow corporate tax base compared to other countriesa tax base reduced by loopholes, tax expenditures, and …
Covering People with Pre-existing Conditions – Report on the Implementation and Operation of the Pre-existing Condition Insurance Plan Program, February 23, 2012 “Before the Affordable Care Act, Americans with pre-existing conditions who did not receive health coverage through their employers had few affordable options to get the care they needed. In most States, insurance companies …
Amid Winter Blooms, Wondering What That Means for Spring “One concern with premature flowers is pollination. While honeybees were in evidence at the New York Botanical Garden, there were fewer at the United States Botanic Garden. When plants get in this off-kilter blooming, sometimes it doesnt coincide with the life cycle of the pollinator, Ms. …
Inflation Dynamics in the Presence of Informal Labour Markets – by Paul Castillo and Carlos Montoro, Working Papers No 372, February 2012 “In this paper we analyse the effects of informal labour markets on the dynamics of inflation and on the transmission of aggregate demand and supply shocks. In doing so, we incorporate the informal …
Mass Layoffs January 2012 [Each mass layoff involved at least 50 workers from a single employer.] “Employers took 1,434 mass layoff actions in January involving 129,920 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month. Mass layoff events in January 2012 increased by 50 from December 2011, while …
Volunteering in the United States – 2011: “The volunteer rate rose by 0.5 percentage point to 26.8 percent for the year ending in September 2011, the U.S. Bureau of Labor Statistics reported. About 64.3 million people volunteered through or for an organization at least once between September 2010 and September 2011. The increase in the …
Do People Understand Monetary Policy? Carlos Carvalho, PUC-Rio and Fernanda Nechio, Federal Reserve Bank of San Francisco, January 2012 “We combine questions from the Michigan Survey about the future path of prices, interest rates, and unemployment to investigate whether U.S. households are aware of the so-called Taylor (1993) rule. For comparison, we perform the same …
“In a move to help ensure the future of the nations mail system, while adapting to Americas changing mailing trends, the U.S. Postal Service today announced that the Area Mail Processing consolidation studies that began more than five months ago have been completed. These changes are a necessary part of a larger comprehensive plan developed …
“Petition Requests FAA to Conduct a Rulemaking on Drones and Privacy EPIC, joined by more than 100 organizations, experts, and members of the public, has sent a petition to the Federal Aviation Administration, urging the agency to address the privacy threats associated with the increased use of drones in the United States. Congress recently passed …
