“[January 10, 2013], were issuing one of our most important rules to date, the Ability-to-Repay rule. Its designed to assure the reliability of mortgages making sure that lenders offer mortgages that consumers can actually afford to pay back. This is a simple, obvious principle that needs to be cemented in the housing market. In… Continue Reading
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Monthly Archives: January 2013
Commentary, action and reason for change – the death of Aaron Swartz
Marcia Hoffman/EFF: “Over the past two years, Aaron was forced to devote much of his energy and resources to fighting a relentless and unjust felony prosecution brought by Justice Department attorneys in Massachusetts. His alleged crimes stemmed from using MIT’s computer network to download millions of academic articles from the online archive JSTOR, allegedly without… Continue Reading
New GAO Reports – Veteran-Owned Small Businesses
Veteran-Owned Small Businesses – Planning and Data System for VA’s Verification Program Need Improvement, GAO-13-95, Jan 14, 2013 Continue Reading
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
New on LLRX – Conclusions from the National Inventory of Legal Materials
Via LLRX.com: Conclusions from the National Inventory of Legal Materials – Hays Butler and Emily Feltren document the process and successful implementation of dynamic, extensive project conducted over the past three years by the American Association of Law Libraries (AALL) working with law librarian volunteers around the country to build the first-ever National Inventory of… Continue Reading
New on LLRX – FOIA Facts – What Ive Learned
Via LLRX: FOIA Facts – What Ive Learned – Scott A. Hodes’ New Year’s commentary is both an overview and a roadmap to the FOIA process. Scott’s experience has taught him that requesters do not realize that their biggest obstacle to having their requests processed in a timely manner is not usually FOIA offices. The… Continue Reading
