Council of Economic Advisers (11 - 20 of 21 items)
Climate Change: Analysis of Two Studies of Estimated Costs of Implementing the Kyoto Protocol
GAO-04-144R: Published: Jan 30, 2004. Publicly Released: Mar 1, 2004.
In 1992 the United States ratified the United Nations Framework Convention on Climate Change, which was intended to stabilize the buildup of greenhouse gases in the earth's atmosphere but did not impose binding limits on emissions. In July 1997, when preliminary negotiations on a new climate agreement were under way, the Senate passed a resolution expressing the sense of the Senate that the Clinto...
Women's Earnings: Work Patterns Partially Explain Difference between Men's and Women's Earnings
GAO-04-35: Published: Oct 31, 2003. Publicly Released: Nov 20, 2003.
Despite extensive research on the progress that women have made toward equal pay and career advancement opportunities over the past several decades, there is no consensus about the magnitude of earnings differences between men and women and why differences may exist. According to data from the Department of Labor's Current Population Survey (CPS), women have typically earned less than men. Specifi...
Catastrophe Insurance Risks: Status of Efforts to Securitize Natural Catastrophe and Terrorism Risk
GAO-03-1033: Published: Sep 24, 2003. Publicly Released: Oct 24, 2003.
In addition to potentially costing hundreds or thousands of lives, a natural or terrorist catastrophe in the United States could place enormous financial demands on the insurance industry, businesses, and taxpayers. Given these financial demands, interest has been raised in bonds that are sold in the capital markets and thereby diversify catastrophe funding sources. GAO was asked to update a 2002...
Catastrophe Insurance Risks: The Role of Risk-Linked Securities and Factors Affecting Their Use
GAO-02-941: Published: Sep 24, 2002. Publicly Released: Oct 8, 2002.
Because of population growth, resulting real estate development, and using real estate values in hazard-prone areas, the nation is increasingly exposed to much higher property-casualty losses--both insured and uninsured--from natural catastrophes than in the past. In the 1990s, a series of natural disasters, (1) raised questions about the adequacy of the insurance industry's financial capacity to...
Commodity Exchange Act: Issues Related to the Regulation of Electronic Trading Systems
GGD-00-99: Published: May 5, 2000. Publicly Released: May 5, 2000.
Pursuant to a congressional request, GAO reviewed issues related to the regulation of electronic trading systems, focusing on: (1) how technology is being used in the exchange-traded futures market, and what concerns this use raises under the Commodity Exchange Act (CEA); (2) how technology is being used in the over-the-counter (OTC) derivatives market, and what concerns this use raises under the...
Consumer Price Index: Update of Boskin Commission's Estimate of Bias
GGD-00-50: Published: Feb 1, 2000. Publicly Released: Mar 1, 2000.
Pursuant to a congressional request, GAO provided information on the Advisory Commission to Study the Consumer Price Index's (CPI) updated estimate of CPI bias, focusing on the: (1) methodological changes the Bureau of Labor Statistics (BLS) made to the CPI since December 1996, when the Advisory Commission (also referred to as the Boskin Commission) issued its final report; and (2) opinions of the...
The Commodity Exchange Act: Issues Related to the Commodity Futures Trading Commission's Reauthorization
GGD-99-74: Published: May 5, 1999. Publicly Released: May 5, 1999.
Pursuant to a congressional request, GAO provided information on issues related to the Commodity Futures Trading Commission's (CFTC) reauthorization, focusing on issues related to derivatives that are traded on-exchange as well as those that are privately negotiated off-exchange, or over-the-counter (OTC).GAO noted that: (1) agreement exists on the basic objectives of financial market regulation--...
The Commodity Exchange Act: Legal and Regulatory Issues Remain
GGD-97-50: Published: Apr 7, 1997. Publicly Released: Apr 7, 1997.
GAO reviewed the legal and regulatory issues surrounding the Commodity Exchange Act (CEA), focusing on: (1) the extent to which the Commodities Futures Trading Commission (CFTC) has reduced the legal risk surrounding the enforceability of over-the-counter (OTC) derivatives under the CEA; and (2) issues related to the appropriate regulation for exchange-traded futures and OTC derivatives contracts,...
The Federal Role in Fostering Private Sector Productivity
117342: Jan 27, 1982
It appears that productivity for 1981 will have improved by only 1.5 percent over 1980's negative growth. This poor productivity performance is of particular concern because of its well documented implications for inflation and international competitiveness. There is an important Federal role in national productivity. Over the past decade, each Administration has had a productivity organization an...
Concerning the Role of the CEA, COWPS, and RARG in EPA and OSHA Rulemaking
GGD-78-116: Published: Oct 4, 1978. Publicly Released: Oct 29, 1979.
A review was made of the role of the Council of Economic Advisers, the Council on Wage and Price Stability, and the Regulatory Analysis Review Group in rulemaking by the Environmental Protection Agency (EPA) and the Department of Labor's Occupational Safety and Health Administration (OSHA). The following areas were examined: (1) why the economic units intervene in federal rulemaking proceedings; (...