News
CNN Money | Uninsured next year? Here's your Obamacare penalty
Thinking of ignoring the Obamacare mandate to get health insurance next year? It could cost you.
Blogs
Cato Institution | Big Business Gets Yet Another ObamaCare Delay That Individuals Don’t
The limit on out-of-pocket costs, including deductibles and co-payments, was not supposed to exceed $6,350 for an individual and $12,700 for a family. But under a little-noticed ruling, federal officials have granted a one-year grace period to some insurers, allowing them to set higher limits, or no limit at all on some costs, in 2014…
Tuesday, August 13, 2013
Monetary
News
Bloomberg |
Import Prices in U.S. Increase Less Than Forecast on Auto Plunge
The cost of goods imported into the U.S. rose less than forecast in July, reflecting the biggest drop in automobile import prices in more than 20 years.
Econ Comments & Analysis
WSJ | Fed's Yellen Says Stance on Banks Hardened
Contender for Fed Chairman Says Crisis Made Her Rethink Views on Regulation.
Blogs
WSJ: Real Time Economics | Jackson Hole Agenda Leaked
The agenda of the annual Jackson Hole (Wyo.) symposium held by the Federal Reserve Bank of Kansas City is a closely guarded secret; those invited are asked to keep the program contents under wraps until the event starts.
Bloomberg |
Import Prices in U.S. Increase Less Than Forecast on Auto Plunge
The cost of goods imported into the U.S. rose less than forecast in July, reflecting the biggest drop in automobile import prices in more than 20 years.
Econ Comments & Analysis
WSJ | Fed's Yellen Says Stance on Banks Hardened
Contender for Fed Chairman Says Crisis Made Her Rethink Views on Regulation.
Blogs
WSJ: Real Time Economics | Jackson Hole Agenda Leaked
The agenda of the annual Jackson Hole (Wyo.) symposium held by the Federal Reserve Bank of Kansas City is a closely guarded secret; those invited are asked to keep the program contents under wraps until the event starts.
Taxes
Econ Comments & Analysis
WSJ | U.S. Expats Balk at Tax Law
The U.S.'s crackdown on global tax evaders is prompting some Americans in Asia to rethink their citizenship, attorneys there say, in part amid an increasing burden of paperwork required by U.S. tax law.
Mercatus Center | The Tax Burden Among Varying Income Percentiles
The Americans at the lower half of the income spectrum (or 70 million returns) paid 2.4 percent of the federal personal income tax revenue. The wealthy disproportionately fund the US federal government through personal income taxes.
WSJ | U.S. Expats Balk at Tax Law
The U.S.'s crackdown on global tax evaders is prompting some Americans in Asia to rethink their citizenship, attorneys there say, in part amid an increasing burden of paperwork required by U.S. tax law.
Mercatus Center | The Tax Burden Among Varying Income Percentiles
The Americans at the lower half of the income spectrum (or 70 million returns) paid 2.4 percent of the federal personal income tax revenue. The wealthy disproportionately fund the US federal government through personal income taxes.
Employment
News
CNN Money | Why 26% of U.S. women still choose not to work
Sixty years ago, American women began heading off to the workplace in droves. But in the last couple of decades, that trend has completely stalled out.
CNN Money | Why 26% of U.S. women still choose not to work
Sixty years ago, American women began heading off to the workplace in droves. But in the last couple of decades, that trend has completely stalled out.
Budget
News
The Telegraph | So you think Europe's debt crisis is finally over? Time to think again
One of the factors underpinning renewed confidence in the UK economy is the belief that the crisis in Europe is now essentially over.
Econ Comments & Analysis
CNN Money | 3 reasons why Greece's budget surplus is a mirage
For the past few years, we've heard little but bad economic news from Greece. The financially-strapped nation in the middle of Europe's ongoing debt crisis has reported a budget surplus during the first seven months of this year following months of deep cuts to government spending.
WSJ | U.S. Budget Deficit Shrinks as Revenues Rise
Improving Numbers Temporarily Ease Pressure on Congress.
The Telegraph | So you think Europe's debt crisis is finally over? Time to think again
One of the factors underpinning renewed confidence in the UK economy is the belief that the crisis in Europe is now essentially over.
Econ Comments & Analysis
CNN Money | 3 reasons why Greece's budget surplus is a mirage
For the past few years, we've heard little but bad economic news from Greece. The financially-strapped nation in the middle of Europe's ongoing debt crisis has reported a budget surplus during the first seven months of this year following months of deep cuts to government spending.
WSJ | U.S. Budget Deficit Shrinks as Revenues Rise
Improving Numbers Temporarily Ease Pressure on Congress.
Monday, August 12, 2013
General Economics
News
Washington Times | Detroit's stealth business boom
Detroit is struggling with the largest municipal bankruptcy in the nation's history, which was brought on in part by the flight of both residents and businesses in recent decades. But Detroit's downtown area is enjoying rapid growth.
Bloomberg | Rogoff Saying This Time Different Calls for Reflation
The economist whose research foreshadowed the unusually long slog back from the 2008 financial crash is calling for the unlikeliest kind of central banker to lead the Federal Reserve: one who welcomes some inflation.
Market Watch | Goldman Sachs lifts euro-zone GDP view to 0.2%
After recent improvement in economic data out of the euro zone, analysts at Goldman Sachs on Monday lifted the forecast for the region's second-quarter gross-domestic-product growth to 0.2% quarter-on-quarter.
Econ Comments & Analysis
WSJ | Competing Visions for the Future of Housing Finance
A House reform would get government out of mortgages. The Senate reform is phony.
Washington Times | EDITORIAL: Recovering lost prosperity
The president’s housing-bailout plan is no bargain
RCM | The 2008 Mortgage Meltdown Occurred By Design
A major factor in the 2007-2009 recession was the sharp downturn in the real estate sector.
Washington Times | MEYER: It’s the price of tuition that hurts
Interest rates aren’t all that’s wrong about college costs.
NBER | Retirement Plan Type and Employee Mobility: The Role of Selection and Incentive Effects
In this paper, we quantify the role of selection by exploiting a natural experiment at a single employer in which an employee’s probability of transitioning from a defined benefit (DB) to a defined contribution (DC) pension plan was exogenously affected by default rules.
AEI | Moving forward on housing reform
Five years after the worst part of the financial crisis, the housing market is in recovery, with home prices and sales rising, construction on the uptick and foreclosure rates down from the crisis-era peak.
Blogs
WSJ | Food-Stamp Use Rises; Some 15% Get Benefits
Food-stamp use rose 2.4% in the U.S. in May from a year earlier, with more than 15% of the U.S. population receiving benefits.
Heritage Foundation | Americans Don’t Need More of Obama’s Stimulus Spending
Stimulus spending—whether on education, manufacturing, or, in this case, infrastructure—did not result in overall economic growth. It only worsened budget deficits and removed resources from the private sector in the near term.
Washington Times | Detroit's stealth business boom
Detroit is struggling with the largest municipal bankruptcy in the nation's history, which was brought on in part by the flight of both residents and businesses in recent decades. But Detroit's downtown area is enjoying rapid growth.
Bloomberg | Rogoff Saying This Time Different Calls for Reflation
The economist whose research foreshadowed the unusually long slog back from the 2008 financial crash is calling for the unlikeliest kind of central banker to lead the Federal Reserve: one who welcomes some inflation.
Market Watch | Goldman Sachs lifts euro-zone GDP view to 0.2%
After recent improvement in economic data out of the euro zone, analysts at Goldman Sachs on Monday lifted the forecast for the region's second-quarter gross-domestic-product growth to 0.2% quarter-on-quarter.
Econ Comments & Analysis
WSJ | Competing Visions for the Future of Housing Finance
A House reform would get government out of mortgages. The Senate reform is phony.
Washington Times | EDITORIAL: Recovering lost prosperity
The president’s housing-bailout plan is no bargain
RCM | The 2008 Mortgage Meltdown Occurred By Design
A major factor in the 2007-2009 recession was the sharp downturn in the real estate sector.
Washington Times | MEYER: It’s the price of tuition that hurts
Interest rates aren’t all that’s wrong about college costs.
NBER | Retirement Plan Type and Employee Mobility: The Role of Selection and Incentive Effects
In this paper, we quantify the role of selection by exploiting a natural experiment at a single employer in which an employee’s probability of transitioning from a defined benefit (DB) to a defined contribution (DC) pension plan was exogenously affected by default rules.
AEI | Moving forward on housing reform
Five years after the worst part of the financial crisis, the housing market is in recovery, with home prices and sales rising, construction on the uptick and foreclosure rates down from the crisis-era peak.
Blogs
WSJ | Food-Stamp Use Rises; Some 15% Get Benefits
Food-stamp use rose 2.4% in the U.S. in May from a year earlier, with more than 15% of the U.S. population receiving benefits.
Heritage Foundation | Americans Don’t Need More of Obama’s Stimulus Spending
Stimulus spending—whether on education, manufacturing, or, in this case, infrastructure—did not result in overall economic growth. It only worsened budget deficits and removed resources from the private sector in the near term.
Subscribe to:
Posts (Atom)