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Daily Archives: November 7, 2011

ACE's Blue Ribbon Panel on Global Engagement Report Informs Next Steps for American Higher Education

News release: “U.S. colleges and universities have historically set the benchmark for excellence in higher education, but these institutions will have to adapt and collaborate with their peers abroad in the coming years to remain competitive. Assisting institutions in addressing these challenges is the centerpiece of a report issued today by the American Council on Education (ACE) which charts a new agenda for global engagement in higher education. Strength through Global Leadership and Engagement: U.S. Higher Education in the 21st Century is the result of the year-long work of ACE’s Blue Ribbon Panel on Global Engagement, chaired by New York University President John Sexton and involving leaders of institutions from around the world.”

Poverty and Financial Distress Would Have Been Substantially Worse in 2010 Without Government Action, New Census Data Show

Center on Budget and Policy Priorities, By Arloc Sherman, November 7, 2011 “Six temporary federal initiatives enacted in 2009 and 2010 to bolster the economy by lifting consumers’ incomes and purchases kept nearly 7 million Americans out of poverty in 2010, under an alternative measure of poverty that takes into account the impact of government… Continue Reading

Senior Loan Officer Opinion Survey on Bank Lending Practices, October 2011

“The October 2011 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the supply of, and demand for, bank loans to businesses and households over the past three months. This summary is based on responses from 51 domestic banks and 22 U.S. branches and agencies of foreign banks. Regarding lending standards, fewer… Continue Reading

New GAO Reports: Environmental Justice, Federal Housing Administration, Next Gen Air Transport

Environmental Justice: EPA Needs to Take Additional Actions to Help Ensure Effective Implementation, GAO-12-77, Oct 6, 2011 Federal Housing Administration: Improvements Needed in Risk Assessment and Human Capital Management, GAO-12-15, Nov 7, 2011 Next Generation Air Transportation System: Linking Test Facilities Can Help Leverage Resources and Improve Technology Transfer Efforts, GAO-12-187T, Nov 7, 2011 Continue Reading

New Working Papers – Bank for International Settlements, November 2011

Anchoring countercyclical capital buffers: the role of credit aggregates The Impact of the International Financial Crisis on Asia and the Pacific: Highlighting Monetary Policy Challenges from a Negative Asset Price Bubble Perspective Rescue packages and bank lending News driven business cycles and data on asset prices in estimated DSGE models Continue Reading

Remaining Risks in the Tri-Party Repo Market

Remaining Risks in the Tri-Party Repo Market, Antoine Martin, Federal Reserve Bank of New York “The tri-party repo market is one in which large U.S. securities firms and bank securities affiliates (dealers) finance much of their fixed-income securities inventories. A New York Fed white paper and the Financial System Oversight Council annual report have highlighted… Continue Reading

CBO Monthly Budget Review November 2011

Monthly Budget Review November 2011. Based on the Monthly Treasury Statement for September and the Daily Treasury Statements for October “The federal government recorded a total budget deficit of $1.3 trillion in fiscal year 2011, almost identical to the deficit it incurred in 2010. As a share of the nation’s gross domestic product (GDP), the… Continue Reading