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Author Archives: Sabrina I. Pacifici

New York Fed Study Examines Economic Strain in Euro Area Periphery

Matthew Higgins and  Thomas Klitgaard: “Countries in the euro area periphery borrowed heavily from abroad in the years leading up to the sovereign debt crisis, largely to finance increased consumption and housing investment. When the crisis hit in 2010, capital flight by private investors forced these countries to bring domestic spending back into line with domestic incomes—the same adjustment… Continue Reading

Employment Background Checks

FTC, EEOC Offer Tips for Employers and Job Applicants – “Hiring decisions are among the most important choices for any employer, but the process can be complex. For the first time, the Federal Trade Commission (FTC) and the Equal Employment Opportunity Commission (EEOC) have co-published two short guides on employment background checks that explain the rights… Continue Reading

New GAO Reports – Countering Overseas Threats, DOD Business Systems Modernization, Military Education, Telecom

COUNTERING OVERSEAS THREATS: Gaps in State Department Management of Security Training May Increase Risk to U.S. Personnel, GAO-14-360: Published: Mar 10, 2014. Publicly Released: Mar 10, 2014. DOD BUSINESS SYSTEMS MODERNIZATION: Air Force Business System Schedule and Cost Estimates, GAO-14-152: Published: Feb 7, 2014. Publicly Released: Mar 10, 2014. JOINT PROFESSIONAL MILITARY EDUCATION: Opportunities Exist for Greater Oversight and Coordination of Associated… Continue Reading

Record 10.7 Billion Trips Taken On U.S. Public Transportation In 2013

“In 2013 Americans took 10.7 billion trips on public transportation, which is the highest annual public transit ridership number in 57 years, according to a report released today by the American Public Transportation Association (APTA). This was the eighth year in a row that more than 10 billion trips were taken on public transportation systems… Continue Reading

BLS Monthly Labor Review, February 2014

Millennials and the pay gap 03/05/2014 Determining the employment effect of raising the minimum wage 02/05/2014 Is the inheritance boom changing the distribution of wealth in the United States? 02/05/2014 Are daughters’ labor force decisions influenced by their mothers’ employment history? 01/07/2014 Foreign aid: history, theories, and facts 01/07/2014 Continue Reading

Junk Justice: A Statistical Analysis of 4,400 Lawsuits Filed by Debt Buyers

Holland, Peter A., Junk Justice: A Statistical Analysis of 4,400 Lawsuits Filed by Debt Buyers (2014). Loyola Consumer Law Review, Vol. 26, No. 1, 2014. p. 179; U of Maryland Legal Studies Research Paper No. 2014-13. Available at SSRN: http://ssrn.com/abstract=2406289 “Debt buyers have flooded courts nationwide with collection lawsuits against consumers. This article reports the… Continue Reading

Federal, State and Local Government Employment Down from Previous Year to 22 Million Jobs in 2012

“There were 22.0 million total federal, state and local government employees in the U.S. in March 2012 (including part-time employees), down 115,733 or 0.5 percent from March 2011, according to a report released today by the U.S. Census Bureau. The number of federal government employees declined 2.2 percent from 2011 to 2.8 million in 2012,… Continue Reading

BIS Quarterly Review, March 2014

March 2014 Quarterly Review: Emerging economies respond to market pressure  “The recent performance of emerging market currencies has reflected the success of central banks in defending exchange rates as well as the political uncertainty in a number of countries. External imbalances, inflation and domestic credit growth have played a much smaller role than during the… Continue Reading

2013 Status of the Nation’s Highways, Bridges, and Transit: Conditions & Performance

“This edition of the C&P report is based primarily on data through the year 2010; consequently, the system conditions and performance measures presented should reflect effects of the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU), which authorized Federal highway and transit funding for Federal fiscal years 2005 through 2009 (and… Continue Reading

TIME – The Top of America – One World Trade Center

“After 12 years of anticipation, the tallest skyscraper in the Western Hemisphere is ready for its close-up. How 10,000 workers lifted 104 floors, gave new life to an international symbol and created one spectacular view. For years after the 9/11 attacks, nearly all the activity at Ground Zero was downward—digging through the piles of debris, excavating… Continue Reading

Presidential Appointments and Trust in Government

Hollibaugh, Gary E., Presidential Appointments and Trust in Government (December 14, 2013). Available at SSRN: http://ssrn.com/abstract=2405202 “Despite their responsibility for federal policy implementation in the United States, little research has focused on how presidential nominees and appointees affect public opinion. This study offers the first systematic examination of this overlooked phenomenon. Using a survey with… Continue Reading