Archive for June, 2018

Thurs 10/25 Noon: Melanie Duncan, “Information Sharing: A Reduction in Terrorist Finance?” at 618 H Street NW

Monday, June 18th, 2018

Speaker: Melanie Duncan, University of Phoenix

Melanie Duncan is a Doctoral Candidate with the University of Phoenix studying a Doctorate of Management in Information Systems Technology. Melanie has 18 years of Federal Government experience that includes work with U.S. Joint Forces Command, Commander Naval Air Pacific Fleet, and the Naval Facilities Engineering Command Desert Team. Her affiliations include the Center for Global Research and Information Technology through the School of Advanced Studies as well as a participant in The World Bank’s Women, Business and the Law Group on LinkedIn.

Abstract of talk:

Terrorists are continuing to adopt new strategies for funding terrorist activities. National security partners and the definition of what constitutes a national security partner for sharing information appears to have remained the same. While information sharing may have increased among national security partners, the macroeconomic aspect may have been overlooked. Preparedness levels may be affected by the organizational culture, multiplicity of information sharing amongst governmental organizations, and partners that include private financial sector companies, and terrorist finance regulation within the banking industry. In this talk, Melanie Duncan will discuss what innovations national security partnership may look like for government entities if such variables as lack of knowledge sharing, cooperation, and information sharing were introduced.

Hosted jointly with the NEC. Credit Card payment is non refundable but you may substitute someone in your place for attendance. Visit https://www.national-economists.org/nec-events/ for registration information.

Thurs 6/28 Noon: Lucia Foster, “Business-Level Expectations and Uncertainty” at 618 H Street NW

Monday, June 18th, 2018

Speaker: Lucia Foster, Chief of Center for Economic Studies, Chief Economist, Census Bureau

Abstract of talk:

The Census Bureau’s 2015 Management and Organizational Practices Survey collected innovative 5-bin data on own future outcomes and probabilities for shipments, employment, capital and materials expenditures at 35,000 manufacturing plants. About 85% of plants provide logically sensible responses to the 5-bin questions, suggesting that most managers can form and express (subjective) probability distributions. The other 15% of plants have lower productivity, employment, wages, managerial education, structured management scores, and multinational ownership. First and second moments of plant-level subjective probability distributions covary strongly with first and second moments, respectively, of historical outcomes, suggesting that our subjective expectations data are well founded. Finally, our plant-level subjective uncertainty measures correlate positively with realized stock-return volatility, option-implied volatility and analyst disagreement about future earnings for the plant’s parent firm and for the median publicly listed firm in the plant’s industry.

Hosted jointly with the NEC. Credit Card payment is non refundable but you may substitute someone in your place for attendance. Visit https://www.national-economists.org/nec-events/ for registration information.