Bank for International Settlements – Andrés Murcia Pabón and Emanuel Kohlscheen Working Papers No 548, March 2016 “We study the determinants of loan loss provisions and delinquency ratios based on the balance sheets of 554 banks from emerging market economies (EMEs). We find that provisions in EME banks respond mostly to aggregate variables, and very… Continue Reading
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Monthly Archives: March 2016
EU – Manual on Government Deficit and Debt – Implementation of ESA 2010 – 2016 edition
Manual on Government Deficit and Debt – Implementation of ESA 2010 – 2016 edition “This new 2016 edition of the Manual is an updated version of the edition published in August 2014. In the current edition, in particular, the following parts were revised: Part I (Delimitation of the general government sector): section I.2.3 ‘Concept of… Continue Reading
Record number of over 1.2 million first time asylum seekers registered in EU Member States in 2015
Via reliefweb: Syrians, Afghans and Iraqis: top citizenships – “In 2015, 1 255 600 first time asylum seekers applied for international protection in the Member States of the European Union (EU), a number more than double that of the previous year. The number of Syrians seeking international protection has doubled in 2015 compared with the previous… Continue Reading
Closer look at spending patterns of older Americans
BLS – Ann C. Foster – “The aging of the United States population will influence the economy for many years to come. The Census Bureau projects that in 2050, the population aged 65 and older will be 83.7 million, almost double its estimate of 43.1 million in 2012. This article examines the spending patterns of… Continue Reading
BLS – Employment by industry, 1910 and 2015
“The life of American workers in 1915 discusses population, labor force, job, and wage characteristics, as well as the food workers ate, the homes they lived in, and how they traveled to work a century ago. It is one of several articles marking the 100th anniversary of the Monthly Labor Review…From 1910 to 2015, employment… Continue Reading
The Political Economy of Corporate Financial Regulatory Legislation
Wilt, Michael Patrick, The Political Economy of Corporate Financial Regulatory Legislation (February 19, 2016). John Marshall Law Review, Vol. 49, No. 3, 2016. Available for download at SSRN: http://ssrn.com/abstract=2734991 “Every few years over the last several decades, Congress has been faced with the question of how to best regulate corporate financial activities. In the late… Continue Reading
Cognition without Cortex
Have you ever lived with a mynah bird, a crow, a parrot(s)? “Cognition without Cortex” by Onur Güntürkün and Thomas Bugnyar in Trends in Cognitive Sciences. Published online March 1 2016 doi:10.1016/j.tics.2016.02.001 “Cognition in corvids and parrots reaches the same level of excellence and diversity as in apes. Among others, bird cognition encompasses abilities such… Continue Reading
New Maps May Help Reduce Threats for Whales, Dolphins in U.S. Waters
Duke University – “Scientists have created highly detailed maps charting the seasonal movements and population densities of 35 species of whales, dolphins and porpoises — many of them threatened or endangered — in the crowded waters of the U.S. East Coast and Gulf of Mexico. “These maps show where each species, or closely related group… Continue Reading
Standardised Measurement Approach for operational risk – consultative document
March 2016 – “In October 2014, the Committee proposed revisions to the standardised approaches for calculating operational risk capital. This updated consultative document proposes further revisions to the framework, which emerged from the Committee’s broad review of the capital framework. The Committee’s review of banks’ operational risk modelling practices and capital outcomes revealed that the… Continue Reading
Basel III Monitoring Report March 2016
“This report presents the results of its latest Basel III monitoring exercise. The Committee established a rigorous reporting process to regularly review the implications of the Basel III standards for banks, and it has published the results of previous exercises since 2012. Data have been provided for a total of 230 banks, comprising 101 large… Continue Reading
International Journal of Central Banking March 2016
“The International Journal of Central Banking (IJCB) is an initiative of the central banking commun Published quarterly, the journal features articles on central bank theory and practice, with a special emphasis on research relating to monetary and financial stability. The main objectives of the International Journal of Central Banking are: to disseminate widely the best… Continue Reading
NOAA and partners bring back first recordings from deepest part of world’s ocean
We do not hear the sounds of another world deep within the ocean – “For three weeks, a titanium-encased hydrophone recorded ambient noise from the ocean floor at a depth of more than 36,000 feet, or 7 miles, in the Challenger Deep trough in the Mariana Trench near Micronesia. Researchers from NOAA, Oregon State University,… Continue Reading
