Holding Hospitals Accountable? Evidence On The Effectiveness Of Minimum Charity Care Provision Laws,
2019
Syracuse University
Holding Hospitals Accountable? Evidence On The Effectiveness Of Minimum Charity Care Provision Laws, Michah W. Rothbart, Nara Yoon
Center for Policy Research
What can governments do to encourage nonprofit hospitals to provide greater benefits to their communities? Recent efforts by the federal and state governments seek to hold hospitals accountable for community health, in part by incentivizing charity care provision. Laws that set benchmarks for charity care spending are increasingly used, but their efficacy is uncertain. In this study, we examine the extent to which Illinois’ minimum charity care provision (MCCP) law increases nonprofit hospital charity care. Importantly, we differentiate between responses for hospitals required to provide minimal charitable spending (nonprofits) and those that are not (for-profit and public). We use detailed …
California Paid Family Leave And Parental Time Use,
2019
Center for Policy Research
California Paid Family Leave And Parental Time Use, Samantha Trajkovski
Center for Policy Research
Paid family leave policies are intended to help working parents fulfill their work and child care responsibilities by providing them with paid time off from work after the birth of a child. While other research has shown that paid leave policies increase leave-taking among parents, little is known about how parents of infants spend their time while they are on leave and shortly after returning to work. Using the American Heritage Time Use Study and taking a difference-in-differences approach, this paper shows that the California Paid Family Leave policy led to an additional six hours per week mothers spend on …
Jpmorgan Chase London Whale H: Cross-Border Regulation,
2019
Yale School of Management
Jpmorgan Chase London Whale H: Cross-Border Regulation, Arwin G. Zeissler, Andrew Metrick
Journal of Financial Crises
As a global financial service provider, JPMorgan Chase (JPM) is supervised by banking regulatory agencies in different countries. Bruno Iksil, the derivatives trader primarily responsible for the $6 billion trading loss in 2012, was based in JPM’s London office. This office was regulated both by the Office of the Comptroller of the Currency (OCC) of the United States (US) and by the Financial Services Authority (FSA), which served as the sole regulator of all financial services in the United Kingdom (UK). Banking regulators in the US and the UK have entered into agreements with one another to define basic parameters …
Jpmorgan Chase London Whale G: Hedging Versus Proprietary Trading,
2019
Yale School of Management
Jpmorgan Chase London Whale G: Hedging Versus Proprietary Trading, Arwin G. Zeissler, Andrew Metrick
Journal of Financial Crises
In December 2013, the primary United States financial regulatory agencies jointly adopted final rules to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which is often referred to as the “Volcker Rule”. Section 619 prohibits banks from engaging in activities considered to be particularly risky, including proprietary trading and owning hedge funds or private equity funds. Banking regulators designed the final rule against proprietary trading in part to prevent losses like the $6 billion London Whale loss that took place in 2012 at JPMorgan Chase. Given the controversial nature of the Volcker Rule, it is …
Jpmorgan Chase London Whale E: Supervisory Oversight,
2019
Yale School of Management
Jpmorgan Chase London Whale E: Supervisory Oversight, Arwin G. Zeissler, Andrew Metrick
Journal of Financial Crises
As a diversified financial service provider and the largest United States bank holding company, JPMorgan Chase (JPM) is supervised by multiple regulatory agencies. JPM’s commercial bank subsidiaries hold a national charter and therefore are regulated by the Office of the Comptroller of the Currency (OCC). Since the bank’s Chief Investment Office (CIO) invested the surplus deposits of JPM’s commercial bank units, the OCC was also CIO’s primary regulator. During the critical period from late January through March 2012, when CIO traders undertook the failed derivatives strategy that ultimately cost the bank $6 billion, JPM did not provide the OCC with …
Jpmorgan Chase London Whale C: Risk Limits, Metrics, And Models,
2019
Yale School of Management
Jpmorgan Chase London Whale C: Risk Limits, Metrics, And Models, Arwin G. Zeissler, Andrew Metrick
Journal of Financial Crises
Value at Risk (VaR) is one of the most commonly used ways to measure and monitor market risk. At JPMorgan Chase (JPM), very large derivative positions established by Bruno Iksil in the Synthetic Credit Portfolio (SCP) caused the bank’s Chief Investment Office (CIO) to exceed its VaR limit for four days in a row in January 2012. In response, the CIO changed to a new VaR model on January 30, which appeared to immediately reduce VaR by half. However, JPM soon discovered that this new VaR model had not been properly implemented and the bank went back to using the …
The Temporary Liquidity Guarantee Program: A Systemwide Systemic Risk Exception,
2019
Federal Deposit Insurance Corporation
The Temporary Liquidity Guarantee Program: A Systemwide Systemic Risk Exception, Lee Davison
Journal of Financial Crises
In the fall of 2008, short-term credit markets were all but frozen, creating liquidity issues for banks and bank holding companies that could not rollover their debt at reasonable rates. Fearing that the situation would worsen if something was not done, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board invoked, and the Secretary of the Treasury approved, the use of the “systemic risk exception” (SRE) under the Federal Deposit Insurance Corporation Improvement Act of 1991, to provide unprecedented broad-based relief to struggling banks. The SRE permitted the FDIC to depart from its “least-cost” requirement when addressing failing …
Appraisal Of China Hainan Free Trade Zone(Port)-Comparing With Other Ports In The Same Area,
2019
World Maritime University
Appraisal Of China Hainan Free Trade Zone(Port)-Comparing With Other Ports In The Same Area, Baoxin Hu
World Maritime University Dissertations
No abstract provided.
Automation Potential And Artificial Intelligence,
2019
University of Nevada, Las Vegas
Automation Potential And Artificial Intelligence, Ember Smith, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet highlights the automation potential in the Mountain West states (Nevada, Utah, Arizona, New Mexico, and Colorado) and its metropolitan statistical areas using the findings of Automation and Artificial Intelligence: How machines are affecting people and places, a report by the Brookings Institution.
Chmura Economic Diversity Index: Nevada Counties And Southwest Metros,
2019
University of Nevada, Las Vegas
Chmura Economic Diversity Index: Nevada Counties And Southwest Metros, Madison Frazee-Bench, Caitlin Saladino, William E. Brown
Economic Development & Workforce
This Fact Sheet highlights Nevada and Mountain West data from the 2018 Economic Diversity Index (EDI), prepared by Chmura Economics & Analysis the economic diversity data details the disparities within counties in Nevada. The tables below show the different levels of economic diversity that exist in Nevada’s counties and other relevant metropolitan statistical areas (MSAs).
Economic Innovation Group (Eig) 2018 Distressed Communities Index (Dci): Nevada Counties,
2019
University of Nevada, Las Vegas
Economic Innovation Group (Eig) 2018 Distressed Communities Index (Dci): Nevada Counties, Lauren Fousek, Caitlin Saladino
Economic Development & Workforce
This Fact Sheet highlights the Economic Distress Indicators (EDI) for the 17 counties within Nevada. Using the Economic Innovations Group1 DCI (Distressed Communities Index),2 the Tables that follow report EDI for each of the 17 counties in Nevada, grouped within two time-frames (2007-2011 and 2012-2016), and showing change over time. The data provides the opportunity to compare how the Great Recession affected communities across the nation and how the ongoing recovery is reshaping the economies and social networks of our nation.
Final Project Report,
2019
University of Texas at Arlington
Final Project Report, David Weinreich
CTEDD Final Project Reports - Archive
No abstract provided.
Final Project Report,
2019
University of Texas at Arlington
Final Project Report, Sisinnio Concas, Mohsen Kamrani
CTEDD Final Project Reports - Archive
No abstract provided.
Final Project Report,
2019
University of Texas at Arlington
Final Project Report, James Woods
CTEDD Final Project Reports - Archive
No abstract provided.
Final Project Report,
2019
University of Texas at Arlington
Final Project Report, Mouyid Islam, Anurag Pande
CTEDD Final Project Reports - Archive
No abstract provided.
Assessing The Economic Viability Of Arkansas Farms Under The 2018 Farm Bill,
2019
University of Arkansas, Fayetteville
Assessing The Economic Viability Of Arkansas Farms Under The 2018 Farm Bill, Grant Wilson
Graduate Theses and Dissertations
For over a century, the American agricultural industry has relied on federal government support to aid in the maintenance and expansion of farming operations. Since 1933, a series of 18 farm bills have shaped agricultural policy into what is commonly known as the agricultural safety net. The 2018 farm bill was passed on December 20, 2018 and is the most recent update of the agricultural safety net. Commodity programs and federal crop insurance are two key components of today’s agricultural safety net, and many times, these programs may be the difference between a net loss and a positive net income …
How School Aid In New York State Penalizes Black And Hispanic Students,
2019
The Maxwell School, Syracuse University
How School Aid In New York State Penalizes Black And Hispanic Students, John Yinger
Center for Policy Research
It’s Elementary is a series of essays on topics in education and education policy. The main focus is on education finance in New York State, but general research findings in education and education policy issues in several other states are also discussed. John Yinger, Professor of Economics and Public Administration at the Maxwell School, Syracuse University is the author of most of these essays, although a few are written by or co-authored with other scholars.
Pay For Success Financing: Diffusion Dynamics In The U.S.,
2019
Boise State University
Pay For Success Financing: Diffusion Dynamics In The U.S., Vanessa R. Fry
Boise State University Theses and Dissertations
Across the United States (U.S.), communities struggle with numerous social and environmental issues while the funding to provide programmatic services to address these issues continues to diminish. As such, actors both inside and outside of government are seeking new policy solutions that both effectively and efficiently address these issues. Significant hurdles to embarking on a new policy approach exist, however, including a lack of up-front funding and a reluctance to take on the risk inherent in implementing new programs. A recent innovation in the policy domain, Pay for Success (PFS) financing, has been specifically designed to overcome these hurdles. Policy …
The Impact Of Bmi On Mental Health: Further Evidence From Genetic Markers,
2019
Central Michigan University
The Impact Of Bmi On Mental Health: Further Evidence From Genetic Markers, Vikesh Amin, Carlos A. Flores, Alfonso Flores-Lagunes
Center for Policy Research
We examine the relationship between body mass index (BMI) and mental health for young adults and elderly individuals using data from the National Longitudinal Study of Adolescent Health and the Health & Retirement Study. While ordinary least squares (OLS) estimates show that BMI is significantly associated with worse mental health in both young adulthood and old age, they are likely to be confounded by (i) unobserved factors that affect both BMI and mental health and (ii) reverse causality. To tackle confounding, we take two complementary approaches. First, we use a polygenic score for BMI as an instrumental variable (IV) and …
How New York State Stole $20 Billion From School Children In New York City, Part 2,
2019
The Maxwell School, Syracuse University
How New York State Stole $20 Billion From School Children In New York City, Part 2, John Yinger
Center for Policy Research
It’s Elementary is a series of essays on topics in education and education policy. The main focus is on education finance in New York State, but general research findings in education and education policy issues in several other states are also discussed. John Yinger, Professor of Economics and Public Administration at the Maxwell School, Syracuse University is the author of most of these essays, although a few are written by or co-authored with other scholars.
