Lessons For The Discount Window From The March 2023 Bank Failures,
2024
Yale Program on Financial Stability, Yale School of Management
Lessons For The Discount Window From The March 2023 Bank Failures, Susan Mclaughlin
Journal of Financial Crises
The speed of the bank runs that occurred in the United States in March 2023 took most by surprise. The ensuing policy debate about reform has focused very little on the role of the Federal Reserve’s discount window and how it could be made more fit for purpose in mitigating risks to financial stability emanating from the banking system. Making the discount window a more effective financial stability tool will require actions both to reduce the stigma associated with borrowing and improve the operational agility and readiness of the Fed as lender and banks as borrowers. A number of frictions …
India: Yes Bank Restructuring, 2020,
2024
Yale Program on Financial Stability, Yale School of Management
India: Yes Bank Restructuring, 2020, Salil Gupta
Journal of Financial Crises
Yes Bank was suffering from liquidity outflows in the second half of 2019 owing to a combination of deposit withdrawals, invocation of pledged shares, losses from extraordinary credit provisions, and overexposure to stressed sectors like power and infrastructure. In December 2019, Yes Bank reported a Common Equity Tier 1 capital ratio at 0.6%, far below the Reserve Bank of India (RBI) mandated levels, and a quarterly loss of 185 billion Indian rupees (INR; USD 2.5 billion). In early March 2020, the RBI and the Ministry of Finance announced a restructuring plan for India’s fourth-largest private bank, Yes Bank, to prevent …
Fhlb Dividends: Low-Hanging Fruit For Reconfiguring Fhlb Lending,
2024
Yale Program on Financial Stability, Yale School of Management
Fhlb Dividends: Low-Hanging Fruit For Reconfiguring Fhlb Lending, Steven Kelly, Susan Mclaughlin, Andrew Metrick
Journal of Financial Crises
In the United States, the lender-of-last-resort tool is the Federal Reserve’s discount window. Despite countervailing policy efforts, substantial market stigma remains associated with borrowing from the discount window. It is in this context that market participants have come to view the Federal Home Loan Banks (FHLBs) as an alternative to the Fed’s discount window for backstop liquidity needs—despite the FHLBs’ relatively constrained abilities to play this role. Notably, however, the FHLBs don’t just benefit from discount window stigma; the FHLBs reinforce discount window stigma with their subsidized pricing. The FHLBs are government-sponsored enterprises—and as such can fund themselves at government …
Changing Contours Of Policy Communications In India,
2024
Reserve Bank of India
Changing Contours Of Policy Communications In India, Abhishek Ranjan, Siddhartha Nath
Bulletin of Monetary Economics and Banking
Using the keyword frequencies in the headlines of press releases issued by the Ministry of Commerce and Industry, this article quantifies the shifting focus of India's public policy communications. Our analysis suggests that in the aftermath of the 2008–09 Global Financial Crisis, India's public policy communications shifted from international trade to innovation and competitiveness, while the emphasis on large infrastructure development, employment, investment, and policy incentives remained. A similar analysis using newspaper headlines from India's three leading newspapers and Google search intensity using data from Google Trends indicates that the discussion about international trade and the institutions that promote it …
Employees Speak Up: Engaging Voices From The Human Services Field,
2024
Fordham University
Employees Speak Up: Engaging Voices From The Human Services Field, Henry J. Davis, Janna C. Heyman, Linda White-Ryan, Dana Marlowe
The Journal of Values-Based Leadership
This qualitative study aims to understand the perceptions and experiences of human services professionals working within urban communities with respect to their work experiences, compensation, and work-life balance. Focus groups were used to collect data from direct service staff and executive leadership from diverse agencies. This study examined the words and stories, generating the following overarching themes: (1) dedication to agency model and communities served; (2) compensation and responsibilities; (3) reality of work-life balance; and (4) desire for professional growth and personal growth. The results show that while employees expressed personal fulfillment with their work, the issues of compensation, workload, …
York County Rural Communties Opioid Response Implementation Iv Grant: Interim Evaluation Report,
2024
University of Southern Maine, Catherine Cutler Institute
York County Rural Communties Opioid Response Implementation Iv Grant: Interim Evaluation Report, Katie Rosingana Ba, Evelyn Ali Bs, Gordon Mcintire Ba, Sarah Mclaughlin Mph, Mary Lindsey Smith Phd
Substance Use Research & Evaluation
This interim evaluation report has been developed for the York County Rural Communities Opioid Response Program, an RCORP-Implementation IV grant awarded to MaineHealth and funded by the Health Resources & Services Administration (HRSA). A main goal of this grant project is to understand the needs of individuals impacted by substance use disorders who have faced structural inequalities to access, in both correctional and heath care settings. The project utilizes a collaborative coalition that is community based, the Rural York Community Coalition (RYCC). For more information, please contact Lindsey Smith at [email protected]
Healthy Acadia Prosper: Year 2 Interim Evaluation Report,
2024
University of Southern Maine, Catherine Cutler Institute
Healthy Acadia Prosper: Year 2 Interim Evaluation Report, Mary Lindsey Smith Phd, Evelyn Ali Bs, Gordon Mcintire Ba, Sarah Mclaughlin Mph
Substance Use Research & Evaluation
The PROSPER initiative is a collaborative effort of Healthy Acadia and its regional healthcare and nonprofit partners designed to support pregnant women, mothers, and families with Substance Use Disorder (SUD). The project is funded by a four-year HRSA Outreach grant from 2021 to 2025. Through grant funding, PROSPER provides personal care planning, navigation support, and parenting and life skills training to clients at no cost to them. The partners also work to alleviate regional barriers to care and reduce stigma and discrimination of women seeking treatment to benefit their families.This report includes findings from the year 2 evaluation of the …
The Logical Implications Of Open Public Data: Examining The Current Situation, Reviewing The Problems And Advancing The Rule Of Law,
2024
School of Law, Anhui University, Hefei 230601
The Logical Implications Of Open Public Data: Examining The Current Situation, Reviewing The Problems And Advancing The Rule Of Law, Yanlei Cheng, Lin Zhang, Xu Zhang
Journal of Scientific Information Research
[Purpose/significance]Digital rule of law government is a new paradigm of government governance that is compatible with digital China and digital society. Data elements have become an important driving force for high-quality economic development in the era of digital, and public data openness is an important issue in the construction of digital rule of law government. [Method/process]In this paper, the regulations, policies and technical standards of the central government and 10 provinces, including Zhejiang, Shandong, Guizhou, Guangdong, Sichuan, Fujian, Guangxi, Hainan, Jiangxi and Jiangsu as research samples to examine the current system of regulations and policies on the opening up of …
Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study,
2024
Universitas Indonesia
Criticizing The Asset Repatriation Policy For Tax Amnesty In Indonesia: An Interpretive And Comparative Study, Nidya Hapsari
Jurnal Vokasi Indonesia
Indonesia finds tax amnesty as a reliable funding alternative to develop a sustainable economy. Since 1964, Indonesia has implemented five tax amnesty programs. The latest two programs would offer lower amnesty compensation rates if taxpayers repatriated offshore assets back to Indonesia. However, the tax amnesty repatriation policy merely contributed minimal amounts of repatriated assets and low number of participants. Consequently, it failed to raise sufficient liquidity, fiscal revenues, tax compliance and economic growth. Hence, the study aims to (1) determine the justification and mechanism for the asset repatriation policy and (2) criticize the repatriation policy implementation. Applying interpretive and comparative …
Research And Enlightenment On Eu Project Funding Pattern Throughout Innovation Value Chain Of Scientific Instruments,
2024
National Science Library of Chinese Academy of Sciences, Beijing 100190, China Department of Information Resources Management, School of Economics and Management, University of Chinese Academy, Sciences, Beijing 101407, China
Research And Enlightenment On Eu Project Funding Pattern Throughout Innovation Value Chain Of Scientific Instruments, Lu Dong, Yizhan Li, Juan Chen, Zhiyuan Wang, Zexia Li, Yueqin Sun
Bulletin of Chinese Academy of Sciences (Chinese Version)
Scientific instruments are indispensable tools and means for scientific research, and they are important support and cornerstone of independent innovation. The development and construction of major research infrastructure has given rise to many scientific instruments and related technologies with industrial application prospects, but the transfer and transformation still have a long way to go. Based on the concept of “open science, open innovation, and open to the world”, the EU has established the ATTRACT project to try to accelerate the commercialization of the detection and imaging related technologies of major science and technology infrastructure as well as to construct a …
Integration Of Digital And Real Economies To Shape New Advantages In Development: New Form Of Human-Cyber-Physical Ternary Fusion,
2024
Institutes of Science and Development, Chinese Academy of Sciences, Beijing 100190, China
School of Public Policy and Management, University of Chinese Academy of Sciences, Beijing 100049, China
Integration Of Digital And Real Economies To Shape New Advantages In Development: New Form Of Human-Cyber-Physical Ternary Fusion, Jiaofeng Pan, Jing Wu
Bulletin of Chinese Academy of Sciences (Chinese Version)
Facing the accelerating of scientific and technological revolution and industrial transformation, expediting the deep integration of digital economy and real economy is a crucial pathway to enhance industrial competitiveness and address social development challenges. The integration of digital and real economies, with the linkage of human-cyber-physical ternary fusion, brings about an increase in production factors and a reduction in uncertainty. This integration permeates through the whole process and channels of the real economy, including R&D innovation, manufacturing, collaborative integration, and supply services, triggering systemic transformations in the real economy. Looking to the future, the deep connection of technology, data, and …
Coping With The Complexity Of The Changing Character Of War: Toward A New Paradigm Of Adaptive Peace,
2024
Norwegian Institute of International Affairs
Coping With The Complexity Of The Changing Character Of War: Toward A New Paradigm Of Adaptive Peace, Cedric De Coning
New England Journal of Public Policy
The world has entered a period of heightened geopolitical instability that is compounded by climate change and the emergence of new technologies. The number of conflicts and related deaths are increasing. Dramatic failures in Afghanistan and elsewhere show that the mainstream approach to peace and conflict is no longer effective. The aim of this article is to contribute to re-thinking peace and security in two ways. First, by explaining why trying to influence complex social change process with a determined-design approach is self-defeating. Second, by introducing adaptive peace theory as a normative and functional approach to ending violent conflicts and …
Vladimir Putin’S Leadership Traits Over 11 Years: A Longitudinal Study Of Putin’S Third Term In Office Using Leadership Trait Analysis,
2024
University of Denver
Vladimir Putin’S Leadership Traits Over 11 Years: A Longitudinal Study Of Putin’S Third Term In Office Using Leadership Trait Analysis, Payton J. Casteel
Undergraduate Theses, Capstones, and Recitals
While an abundance of literature has studied the actions and behaviors of Vladimir Putin, the most extensive area involves leadership analysis (Semenova and Winter 2020). Various methods within political psychology have used analyses to study Putin throughout his time in office. However, no published research has studied Putin using leadership trait analysis, nor have any published works studied his changes in leadership leading up to the invasion of Ukraine. Using a mixed methods longitudinal study design on Vladimir Putin from 2012 to 2023, five periods in his third term were identified, with speeches taken and coded using the seven LTA …
The Hidden Toll Of Crowd Control: Rethinking The Use Of Kinetic Impact Projectiles In American Policing,
2024
University of Denver
The Hidden Toll Of Crowd Control: Rethinking The Use Of Kinetic Impact Projectiles In American Policing, Hayley Knudsen
Undergraduate Theses, Capstones, and Recitals
This thesis critically examines the use of Kinetic Impact Projectiles (KIPs) by law enforcement in the United States, highlighting the discrepancy between their intended function as “less-lethal” crowd control tools and the severe injuries and fatalities they frequently cause. Spurred by widespread police violence during the 2020 Black Lives Matter protests, this study explores the physical, legal, and policy impacts of KIP deployment. Drawing on public health data, legal case outcomes, and international human rights reports, the research identifies significant risks associated with KIPs, including high rates of head and ocular injuries, and a troubling lack of training and regulation. …
Policy Frameworks And Citizens’ Use Of Fintech Solutions: The Pros And Cons In Egypt,
2024
American University in Cairo
Policy Frameworks And Citizens’ Use Of Fintech Solutions: The Pros And Cons In Egypt, Salma Al-Mohamady
Theses and Dissertations
This thesis provides a comprehensive analysis of the significant influence of financial technology (FinTech) on the banking industry, consumer finance, and economic growth. It specifically concentrates on the swiftly changing FinTech environment in Egypt. The study investigates the impact of incorporating advanced technologies on worldwide financial practices, which has significantly transformed traditional banking models and facilitated the emergence of inventive financial services. The transition is clearly apparent in Egypt, where the expansion of FinTech has been driven by advances in regulations, adaptation to technology, and a population that is becoming more comfortable with digital solutions.
Using a combination of quantitative …
Making Room,
2024
Rhode Island School of Design
Making Room, Rachel Strompf
Masters Theses
Massachusetts is the only state in the United States with a right-to-shelter law which guarantees shelter for families with children and pregnant women.1 As of February 2024, 3,500 homeless families with children are being sheltered in a motel or hotel with an average length of stay of 14 months, because traditional family shelters have reached capacity.2,3 While these families are provided temporary shelter, these shelters do not allow for the development of a true sense of “home.” While a motel meets the needs of rudimentary shelter, motels were never designed as long-term accommodations and certainly not with a …
Determining Factors For Improved Uptake Of Harm Reduction Services In The United States: A Study Of Inclusive, Culturally Sensitive Messaging,
2024
National Louis University
Determining Factors For Improved Uptake Of Harm Reduction Services In The United States: A Study Of Inclusive, Culturally Sensitive Messaging, Lauretta Ekanem Omale
Dissertations
Harm reduction refers to public health policies and programs aimed at decreasing the adverse consequences associated with drug use. While harm reduction services (e.g., syringe exchange programs) can mitigate health risks, marginalized groups face barriers to service access and utilization, partially due to ineffective messaging approaches that fail to align with cultural values and experiences. A one-size-fits-all approach to messaging can negatively impact service utilization, health outcomes, and health disparities. Ineffective communication can lead to poor adherence to treatment, poorer health outcomes, and increased adverse events.
Culturally insensitive communication contributes to stigma, mistrust, and lack of perceived relevance, discouraging service …
Understanding Tax Progressivity As A Mechanism Of Gender Difference In Tax Payment Patterns And Post-Tax Income,
2024
CUNY Graduate Center
Understanding Tax Progressivity As A Mechanism Of Gender Difference In Tax Payment Patterns And Post-Tax Income, Morgan A. Richards-Melamdir
Dissertations, Theses, and Capstone Projects
Gender difference in taxation is generally understudied. However, existing scholarship, largely country case studies, suggests men pay higher tax rates where income tax progressivity is higher, due to their higher average income. Men’s higher rates should then increase gender equality in income post-tax. However, many rich countries reduced income tax progressivity starting in the 1980s-90s during “taxing for economic growth” reforms, including over half of the high income countries included in this study. These changes have previously unexplored implications for the extent to which the current (versus past) tax systems of rich countries reduce, leave unaffected, or compound gender disparities …
Chipping The Blue Wall: The Effect Of Dogs On Police Officer Receptivity To An Employee Assistance Program,
2024
CUNY Graduate Center
Chipping The Blue Wall: The Effect Of Dogs On Police Officer Receptivity To An Employee Assistance Program, Kenneth M. Quick
Dissertations, Theses, and Capstone Projects
There is substantial evidence that demonstrates the negative impact of stress on police officer mental health is increasing due in large part to perceived societal shifts in support for the police and trends in criminal justice reform efforts. While employee assistance programs (EAP) are the dominant mechanism for police agencies to address officer mental health, officers are reluctant to use them due to a combination of mental health stigma and organizational distrust. This dissertation studied police officer perceptions of an employee assistance program (EAP) and the effect of exposure to professionally trained dogs during an outreach session on indicators of …
The Role Of Evaluation Terms In The Quality Of Final Evaluation Reports In International Development Cooperation: A Multi-Phase Mixed Methods Study,
2024
Western Michigan University
The Role Of Evaluation Terms In The Quality Of Final Evaluation Reports In International Development Cooperation: A Multi-Phase Mixed Methods Study, Fanny J. Hernandez De Alvarez
Dissertations
In international development cooperation there is constant discussion about how to improve evaluation practices. Too little is known about where and which factors influence the quality of evaluation reports. Arguably, one influential factor is the quality of the terms of reference (TORs), which, in many sectors, are referred to as Requests for Proposals (RFPs). This study examines the role of the quality of TORs in positively affecting the design and conduct of evaluations, as well as the overall quality of final evaluation reports. This study also examines other factors that may contribute to the quality of final evaluation reports.
The …
