Nonpoint Source Water Pollution – Greater Oversight and Additional Data Needed for Key EPA Water Program, GAO-12-335, May 31, 2012 Nonpoint Source Water Pollution – Greater Oversight and Additional Data Needed for Key EPA Water Program, Survey of Section 319 Project Managers (GAO-12-377SP, May 2012), an E-supplement to GAO-12-335 GAO-12-377SP, May 31, 2012 Rural Housing… Continue Reading
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Monthly Archives: July 2012
Monitoring indicators for intraday liquidity management – consultative document
Monitoring indicators for intraday liquidity management – consultative document, July 2012 “Intraday liquidity can be defined as funds that are accessible during the business day, usually to enable financial institutions to make payments in real time. The Basel Committee’s proposed Monitoring indicators for intraday liquidity management are intended to allow banking supervisors to monitor a… Continue Reading
A framework for dealing with domestic systemically important banks – consultative document June 2012
A framework for dealing with domestic systemically important banks – consultative document, June 2012 “The consultative document sets out a framework of principles covering the assessment methodology and the higher loss absorbency requirement for domestic systemically important banks (D-SIBs). The D-SIB framework takes a complementary perspective of the global systemically important bank (G-SIB) framework published… Continue Reading
Managing Discovery of Electronic Information: A Pocket Guide for Judges
Managing Discovery of Electronic Information: A Pocket Guide for Judges, Second Edition. Barbara J. Rothstein, Ronald J. Hedges, and Elizabeth C. Wiggins. Federal Judicial Center, 2012 “ESI currently includes e-mail messages, word processing files, web pages, and databases created and stored on computers, magnetic disks (such as computer hard drives), optical disks (such as DVDs… Continue Reading
Federal Reseve Board – CEO Pay and the Market for CEOs
CEO Pay and the Market for CEOs, Antonio Falato, Dan Li, and Todd Milbourn, June 26, 2012 “Competitive sorting models of the CEO labor market (e.g., Edmans, Gabaix and Landier (2009)) predict that differences in CEO productive abilities, or “talent”, should be an important determinant of CEO pay. However, measuring CEO talent empirically represents a… Continue Reading
BLS – Three-quarters of businesses used at least one green technology or practice in August 2011
“About three-quarters of business establishments reported the use of at least one green technology or practice during August 2011, the U.S. Bureau of Labor Statistics reported today. Green technologies and practices (GTP) are those that lessen the environmental impact of an establishments operations. About 854,700 jobs, representing approximately 0.7 percent of total U.S. employment, were… Continue Reading
Recapturing NASA's Aeronautics Flight Research Capabilities
“In the five decades since NASA was created, the agency has sustained its legacy from the National Advisory Committee on Aeronautics (NACA) in playing a major role in U.S. aeronautics research and has contributed substantially to United States preeminence in civil and military aviation. This preeminence has contributed significantly to the overall economy and balance… Continue Reading
Do Creditor Rights Increase Employment Risk? Evidence from Debt Covenants
Do Creditor Rights Increase Employment Risk? Evidence from Debt Covenants, Antonio Falato and Nellie Liang – Federal Reserve Board, June 28, 2012 “This paper studies whether financial contracts exacerbate or mitigate agency conflicts among stakeholders. We consider a specific contractual provision, debt covenants, and examine how, by allocating control rights between shareholders and debt holders,… Continue Reading
A Visual Guide to NFIB v. Sebelius
Follow up to The Health Care Law – Government Resources, Commentary and Analysis, see A Visual Guide to NFIB v. Sebelius: Competing Commerce Clause Opinion Lines 1789-2012, Colin P. Starger, University of Baltimore School of Law, June 30, 2012 – Download via SSRN. Though Chief Justice Roberts ultimately provided the fifth vote upholding the Affordable… Continue Reading
Pew – The Future of Smart Systems
The Future of Smart Systems, by Janna Anderson, Lee Rainie. June 29, 2012 “By 2020, experts think tech-enhanced homes, appliances, and utilities will spread, but many of the analysts believe we still wont likely be living in the long-envisioned Homes of the Future. Hundreds of tech analysts foresee a future with smart devices and environments… Continue Reading
The Other, Other Half: Changes in the Finances of the Least Wealthy 50 Percent, 2007-2009
The Other, Other Half: Changes in the Finances of the Least Wealthy 50 Percent, 2007-2009, Arthur B. Kennickell. June 26, 2012 “In discussions of household wealth, it is not surprising that discussion often tends to focus on the upper half of the wealth distribution: According to the 2007 Survey of Consumer Finances (SCF), that group… Continue Reading
The Externality of High Frequency Trading
Ye, Mao, Yao, Chen and Gai, Jiading, The Externality of High Frequency Trading (May 25, 2012). Available at SSRN. “Exogenous technology shocks that increase the speed of trading from microseconds to nanoseconds dramatically increase order cancellation/execution ratio from 26:1 to 32:1 but do not have real impact on liquidity, price efficiency and trading volume. We… Continue Reading
