Moody’s Ratings places on review for downgrade one rating in Canada Square Funding 7 PLC
Moody’s Ratings (“Moody’s”) has today placed on review for downgrade the rating of one note in Canada Square Funding 7 PLC. The rating action reflects lower than anticipated yield generated by the pool of mortgage loans. ….GBP 2.82M Class D…
Federal Fund Effective Rate Comparative (ATSM) Analysis of Interest Rate Forecast
CIR interest rate forecast model Cox Ingersoll Ross model to forecast interest rate variables in simple terms defines an Effective Federal Fund rate equilibrium of 4.45%, but with a forecast of a higher long-run Federal Fund Rate of 6.84% that…
Wage and Employment Effects of Non-Binding Minimum Wages
Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant foractual wages and employment. Empirical and experimental research, however, has shown thatthe introduction of a minimum wage can raise even those wages that were already above thenew…
MINIMUM WAGES AND EMPLOYMENT:A REVIEW OF EVIDENCE FROM THE NEW MINIMUM WAGE RESEARCH
NBER WORKING PAPER SERIES https://www.nber.org/system/files/working_papers/w12663/w12663.pdf