2011 FDIC National Survey of Unbanked and Underbanked Households, September 2012 “The FDIC partnered with the US Census Bureau to conduct this survey in June 2011, collecting response from nearly 45,000 households. The FDIC used survey responses to categorize households banking status as unbanked, underbanked, or fully banked. Unbanked households are those that lack any… Continue Reading
News release: “The Federal Trade Commissions staff submitted a comment to the U.S. Federal Energy Regulatory Commission recommending ways to lower the barriers faced by companies seeking to enter regional and local markets to sell services that maintain or enhance the reliability of electricity generation, transmission, and distribution. The comment also discussed ways to promote… Continue Reading
Agarwal, Sumit, Amromin, Gene, Ben-David, Itzhak, Chomsisengphet, Souphala, Piskorski, Tomasz and Seru, Amit. Policy Intervention in Debt Renegotiation: Evidence from the Home Affordable Modification Program (August 30, 2012). “The main rationale for policy intervention in debt renegotiation is to enhance such activity when foreclosures are perceived to be inefficiently high. We examine the ability of… Continue Reading
Critical Infrastructure – DHS Needs to Refocus Its Efforts to Lead the Government Facilities Sector, GAO-12-852, Aug 20, 2012 Nonproliferation Agencies Could Improve Information Sharing and End-Use Monitoring on Unmanned Aerial Vehicle Exports, GAO-12-536, Jul 30, 2012 Biosurveillance – DHS Should Reevaluate Mission Need and Alternatives before Proceeding with BioWatch Generation-3 Acquisition, GAO-12-810, Sep 10,… Continue Reading
News release: “The 2012 Secrecy Report released today by OpenTheGovernment.org a coalition of more than 80 groups advocating for open and accountable government reveals that positive changes from the Obama administrations open government policies nevertheless appear diminished in the shadow of the Presidents bold promise of unprecedented transparency. Ultimately, though, the public needs… Continue Reading
Successful Austerity in the United States, Europe and Japan, Prepared by Nicoletta Batini, Giovanni Callegari and Giovanni Melina, July 2012 “The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract their stimulus measures in… Continue Reading
News release: “Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up 4 percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2012 Employer Health Benefits Survey released [9/11/2012]. This years premium increase is moderate… Continue Reading
News release: “Furthering its efforts to advance airspace modernization, American Airlines today announced it is expanding its iPad Electronic Flight Bag program after becoming the first commercial carrier to receive FAA approval to use the Apple iPad in the cockpit during all phases of flight. American’s pilots will be using iPad, the only FAA-approved tablet… Continue Reading
Black, Dirk E. and Gallemore, John, Bank Executive Overconfidence and Delayed Expected Loss Recognition (August 22, 2012). Available at SSRN “While prior work shows that delayed expected loan loss recognition is related to lending propensity (Beatty and Liao, 2011), bank risk (Bushman and Williams, 2011), and bank risk taking (Bushman and Williams, 2012), we provide… Continue Reading