A financial planner will tell you that investing for the future is critical. This involves not only taking a realistic assessment of where you are presently, but envisioning the and building a plan to support that vision.
A financial planner will tell you that investing for the future is critical. This involves not only taking a realistic assessment of where you are pre...
There is considerable income mobility in the U.S. economy as households move up and down in the income distribution over time. Previous studies have typically found that roughly half of the families in the bottom 20 percent of the income distribution have moved up out of the bottom 20 percent within 10 years and that some of them have moved all the way to the top 20 percent. This paper examines income mobility in the United States during the period 1987 through 1996 using individual income tax data. The analysis uses three alternative measures of relative and absolute income mobility that...
There is considerable income mobility in the U.S. economy as households move up and down in the income distribution over time. Previous studies have t...
The American Opportunity Tax Credit (AOTC), enacted as part of the American Recovery and Reinvestment Act, was signed by the President in February 2009. The same law mandated that a study be undertaken by the Secretary of the Treasury and the Secretary of Education, to examine 1) how to coordinate the AOTC with the Federal Pell Grant Program to maximize their effectiveness; 2) how to expedite delivery of the AOTC; and 3) whether it was feasible to require community service as a condition of eligibility for receiving the credit. This Treasury report on the findings of the study by the...
The American Opportunity Tax Credit (AOTC), enacted as part of the American Recovery and Reinvestment Act, was signed by the President in February 200...
This book provides a brief overview of the asset management industry and an analysis of how asset management firms and the activities in which they engage can introduce vulnerabilities that could pose, amplify, or transmit threats to financial stability.
This book provides a brief overview of the asset management industry and an analysis of how asset management firms and the activities in which they en...
This book examines the relationship between banks' observed credit default swap (CDS) spreads and possible measures of systemic importance. We use five-year CDS spreads from Markit with an international sample of 71 banks to investigate whether market participants are giving them a discount on borrowing costs based on the expectation that governments would consider them "too big to fail." We find a consistent, statistically significant negative relationship between five-year CDS spreads and nine different systemic importance indicators using a generalized least squares (GLS) model. The book...
This book examines the relationship between banks' observed credit default swap (CDS) spreads and possible measures of systemic importance. We use fiv...
