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Daily Archives: January 14, 2013

Commentary, action and reason for change – the death of Aaron Swartz

Economic Growth and the Unemployment Rate

CRS – Economic Growth and the Unemployment Rate, Linda Levine, Specialist in Labor Economics, January 7, 2013 “A persistently high unemployment rate is of concern to Congress for a variety of reasons, including its negative consequences for the economic well-being of individuals and its impact on the federal budget. The unemployment rate was 9.5% when… Continue Reading

Joint Statement on Faculty Status of College and University Librarians

American Association of University Professors: Joint Statement on Faculty Status of College and University Librarians, January 11, 2013 “Librarians perform a multifaceted role within the academy. It includes not only teaching credit courses but also providing access to information, whether by individual and group instruction, selecting and purchasing resources, digitizing collections, or organizing information. In… Continue Reading

Estimating the Price Elasticity of Beer: Meta-Analysis of Data with Heterogeneity, Dependence, and Publication Bias

Via SSRN: Estimating the Price Elasticity of Beer: Meta-Analysis of Data with Heterogeneity, Dependence, and Publication Bias, Jon P. Nelson, Pennsylvania State University – College of the Liberal Arts – Department of Economics, January 14, 2013 “Precise estimates of price elasticities are important for alcohol tax policy. Using meta-analysis, this paper corrects average beer elasticities… Continue Reading

IMF – The Behavior of Currencies during Risk-off Episodes

The Behavior of Currencies during Risk-off Episodes, Reinout De Bock and Irineu de Carvalho Filho, January 2013 “Episodes of increased global risk aversion, also known as risk-off episodes, have become more frequent and severe since 2007. During these episodes, currency markets exhibit recurrent patterns, as the Japanese yen, Swiss franc, and U.S. dollar appreciate against… Continue Reading

Reserve Bank income and expense data and transfers to the Treasury for 2012

News release: ” The Federal Reserve Board on Thursday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $88.9 billion of their estimated 2012 net income to the U.S. Treasury. Under the Board’s policy, the residual earnings of each Federal Reserve Bank are distributed to the U.S. Treasury, after providing… Continue Reading

Physician Practices: Background, Organization, and Market Consolidation

CRS – Physician Practices: Background, Organization, and Market Consolidation. Suzanne M. Kirchhoff, Analyst in Health Care Financing. January 2, 2013 “A growing number of U.S. physicians are combining their practices; affiliating with hospitals, insurance companies, and specialty management firms; or going to work directly for such organizations. The moves are part of a broader trend… Continue Reading

Principles for effective risk data aggregation and risk reporting

Principles for effective risk data aggregation and risk reporting, Bank for International Settlements, January 2013 “The financial crisis that began in 2007 revealed that many banks, including global systemically important banks (G-SIBs), were unable to aggregate risk exposures and identify concentrations fully, quickly and accurately. This meant that banks’ ability to take risk decisions in… Continue Reading