Every March, the Bureau of Labor Statistics releases benchmark revisions of state and local payroll employment for the past year.
Look for our next post on March 23.
From the Vault: It’s CCAR Season
Ahead of the Federal Reserve’s release on Wednesday of 2015 bank stress tests results, we’ve seen a spike in traffic to a piece in our archive that offers a primer on the annual Comprehensive Capital Analysis and Review (CCAR) process and background on its role as a tool in the Fed’s bank supervisory arsenal.
Herd Behavior in Financial Markets
Over the last twenty-five years, there has been a lot of interest in herd behavior in financial markets—that is, a trader’s decision to disregard his or her private information to follow the behavior of the crowd.
Just Released: Is Your School Spending Less Than Your Neighbor’s?
This morning, the Federal Reserve Bank of New York released a set of interactive visuals that present school spending and its various components—such as instructional spending, instructional support, leadership support, and building services spending—across all thirty-two Community School Districts (CSD) in New York City and map their progression over time.
From the Vault: Tracking Subprime Auto Loans
Recent news of banks scaling back on the issuance of car loans to borrowers with a weak credit history, coupled with recent media investigations into auto lending fraud, have drawn renewed attention to a surge in subprime auto lending.
No Guarantees, No Trade!
World trade fell 20 percent relative to world GDP in 2008 and 2009.
Euro Area Inflation Expectations–Anchors Away?
Euro area inflation expectations have been falling at both short- >and long-term horizons, with the latter development suggesting the current low inflation environment is perceived as likely to persist.
The 2005 Bankruptcy Reform and the Foreclosure Crisis
Our previous post showed that the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was associated with a sizable rise in foreclosure, in addition to a decline in bankruptcy filings and a rise in insolvency.
Insolvency after the 2005 Bankruptcy Reform
Personal bankruptcy was introduced in the United States through the Bankruptcy Act of 1978.
Payback Time? Measuring Progress on Student Debt Repayment
Student debt continues to make headlines because of its high balances and high rates of delinquency and default—troubling issues that we discussed in our previous posts this week.
RSS Feed
Follow Liberty Street Economics