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Author Archives: Sabrina I. Pacifici

The EU Law on Auditing and the Role of Auditors in the Global Financial Crisis

The EU Law on Auditing and the Role of Auditors in the Global Financial Crisis, Hatice Kubra Kandemir, Durham University – Durham Law School, January 2013. International Journal of Disclosure and Governance, Vol. 10, pp. 213-233, 2013 “In September 2011, the EU Commissioner Michael Bernier explained that “there are weakness in the way the audit… Continue Reading

The Driving Force behind the Boom and Bust in Construction in Europe

The Driving Force behind the Boom and Bust in Construction in Europe, Yan Sun; Pritha Mitra; Alejandro Simone. August 21, 2013 “Summary: This paper studies the factors behind pro-cyclical but widely varying construction shares (as a percent of GDP) across countries, with a strong focus on European countries. Using a dataset covering 48 countries (including… Continue Reading

Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework

Assessing the Impact and Phasing of Multi-year Fiscal Adjustment: A General Framework, James Roaf. August 21, 2013 “Summary: This paper provides a general framework to assess the output and debt dynamics of an economy undertaking multi-year fiscal adjustment. The framework allows country-specific assumptions about the magnitude and persistence of fiscal multipliers, hysteresis effects, and endogenous… Continue Reading

Capital Flows are Fickle: Anytime, Anywhere

Capital Flows are Fickle: Anytime, Anywhere – John C Bluedorn; Rupa Duttagupta; Jaime Guajardo; Petia Topalova. August 22, 2013 “Summary: Has the unprecedented financial globalization of recent years changed the behavior of capital flows across countries? Using a newly constructed database of gross and net capital flows since 1980 for a sample of nearly 150… Continue Reading

The Declassification Engine

The Declassification Engine Computational Analysis of Official Secrecy “The declassification engine refers to a set of applications that will provide new forms of access to official documents as well as tools to help interpret them. This toolkit will expand over time. Currently its main projects are the (de)classifier, a tool displaying cable activity over time… Continue Reading

America’s Best-Bang-for-the-Buck Colleges

Washington Monthly, Robert Kelchen: “…we created our “Best Bang for the Buck” ranking—our exclusive list of the colleges in America that do the best job of helping nonwealthy students attain marketable degrees at affordable prices. And it is a pretty exclusive list: out of the 1,572 colleges and universities in our broader rankings, only 349… Continue Reading

EPIC – DHS Facial Recognition System Lacks Privacy Safeguards

“In response to an EPIC FOIA request, the Department of Homeland Security has produced documents revealing that the agency has failed to establish privacy safeguards for “BOSS” (the Biometric Optical Surveillance System), an elaborate system for facial recognition and individual identification. The documents obtained by EPIC indicate that none of the agency’s contracts or statements… Continue Reading

Google Search expands features for online dictionary

Via Google+: “You may be familiar with using Google to find definitions, like [define fortuitous]. We’ve recently updated this feature on google.com on desktop and mobile to give you more information about these words beyond just their definition. Now you’ll also see sample sentences that highlight how the word is used, as well as synonyms.… Continue Reading

CGS International Graduate Admissions Survey

Findings from the 2013 CGS International Graduate Admissions Survey Phase II: Final Applications and Initial Offers of Admission. August 2013 “Over the past seven years, the year-to-year growth in international applications has ranged from a high of 12% in 2006 to a low of 2% in 2013, but these eight years of growth follow a… Continue Reading

Pew – King’s Dream Remains an Elusive Goal

King’s Dream Remains an Elusive Goal; Many Americans See Racial Disparities, August 22, 2013 “Five decades after Martin Luther King’s historic “I Have a Dream” speech in Washington, D.C., a new survey by the Pew Research Center finds that fewer than half (45%) of all Americans say the country has made substantial progress toward racial equality… Continue Reading

Wealth Shocks and Macroeconomic Dynamics

Wealth Shocks and Macroeconomic Dynamics, Daniel Cooper- Federal Reserve Bank of Boston; Karen Dynan – Brookings Institution. June 2013 “The effect of wealth on consumption is an issue of longstanding interest to economists.  Analysts believe that fluctuations in household wealth have driven major swings in economic  activity. This article considers so-called wealth effects—the impact of changes in wealth on  household… Continue Reading