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Daily Archives: November 9, 2014

U.S. Chamber Foundation Report Focuses on Benefits of Data-Driven Innovation

“The U.S. Chamber of Commerce Foundation…released a report which, through the insights of several notable industry experts, offers a look at current data-related issues and innovations and the ways in which they will shape the future of data-driven innovation and the economy. The report, The Future of Data-Driven Innovation, includes contributions from some of the top minds in business, technology, and economics and presents actions that can be taken today to maximize the value of tomorrow’s digital data…Through several issue-focused chapters, the report illustrates ways in which data-driven innovation is a force for social and economic good, appearing in unexpected places and unexpected ways. The report finds that the digital economy is generating a large amount of economic value. Big Data in particular is providing new insights and improving efficiency by linking deep layers of information together, while Open Data is launching hundreds of companies and creating jobs across the economy. The report also explores the notion of companies as data custodians, and encourages policy to bolster the movement of data between functions and institutions while ensuring that ownership, security, and privacy concerns are met. The report’s essays suggest that policymakers should support the data-driven economy with targeted investments towards greater competitiveness, including building a vibrant and dynamic STEM workforce; bolstering data literacy; expanding a robust broadband infrastructure; and adjusting publicly funded R&D to better develop data capabilities and public-private collaboration.”

Implications of Differential Mortality for Analyses of Social Security Policy Options

“Presentation by Michael Simpson of CBO’s Health, Retirement, and Long-Term Analysis Division to the 2014 Fall Research Conference of the Association of Public Policy and Management. With Joyce Manchester, Vermont Legislative Joint Fiscal Office and formerly of CBO, and Geena Kim of CBO.” “Differential mortality is the difference in life expectancy across socioeconomic groups. ■… Continue Reading

The global financial cycle and how to tame it

The global financial cycle and how to tame it – Panel remarks by Hervé Hannoun, Deputy General Manager of the BIS, at the International Symposium of the Banque de France “Central banking: the way forward?”, Paris, 7 November 2014 “My four comments today will cover national and global financial cycles; the excess elasticity of the international monetary… Continue Reading

New GAO Reports – TARP Audit, Military and Veteran Support, Women Owned SBAs

FINANCIAL AUDIT: Office of Financial Stability (Troubled Asset Relief Program) Fiscal Years 2014 and 2013 Financial Statements, GAO-15-132R: Published: Nov 7, 2014. Publicly Released: Nov 7, 2014. MILITARY AND VETERAN SUPPORT:DOD and VA Programs That Address the Effects of Combat and Transition to Civilian Life, GAO-15-24: Published: Nov 7, 2014. Publicly Released: Nov 7, 2014. WOMEN-OWNED SMALL BUSINESS PROGRAM: Certifier Oversight… Continue Reading

How the Industrial Internet is Changing the Competitive Landscape of Industries

“New research from GE and Accenture reveals that executives across the industrial and healthcare sectors see the enormous potential of the Industrial Internet—the combination of Big Data analytics with the Internet of Things. The Industrial Internet enables companies to use sensors, software, machine-to-machine learning and other technologies to gather and analyze data from physical objects… Continue Reading

The Institutions of Federal Reserve Independence

Conti-Brown, Peter, The Institutions of Federal Reserve Independence (October 2014). Yale Journal on Regulation, Forthcoming; Rock Center for Corporate Governance at Stanford University Working Paper No. 139. Available for download at SSRN: http://ssrn.com/abstract=2275759 or http://dx.doi.org/10.2139/ssrn.2275759 “The Federal Reserve System has come to occupy center stage in the formulation and implementation of national and global economic… Continue Reading

OpenElections

“Welcome to OpenElections Our goal is to create the first free, comprehensive, standardized, linked set of election data for the United States, including federal and statewide offices. No freely available comprehensive source of official election results exists. The current options for election data can be difficult to find and use or financially out-of-reach for most journalists and… Continue Reading

Birth Registration, Legal Identity, and the Post-2015 Agenda

Center for Global Development Policy Paper 046 September 2014 “As the post-2015 process to determine the successor set of goals to the Millennium Development Goals (MDGs) moves into its final year, much of the UN inter-governmental negotiations will turn to strengthening and quantifying individual targets. Governments, civil society leaders, academics, and policymakers from around the world have… Continue Reading

Oxfam’s new report on global inequalty

“From Ghana to Germany, South Africa to Spain, the gap between rich and poor is rapidly increasing, and economic inequality has reached extreme levels. In South Africa, inequality is greater today than at the end of Apartheid.The consequences are corrosive for everyone. Extreme inequality corrupts politics, hinders economic growth and stifles social mobility. It fuels crime… Continue Reading