Modeling risk to meet regulatory requirements is costly and complex. Because of that, some have suggested that financial services institutions (FSIs) move toward a set of standardized models. The argument is that central banks and regulatory authorities could then more easily monitor systemic risk and compare apples to apples. But
Greece has been in the news lately, trying to secure funds to repay 1.5 billion euros to the International Monetary Fund (IMF) by the end of the month. And as luck would have it, there is some data available and some graphs to be created ... I love this job!
I've seen a lot of recent news articles purporting income inequality in the U.S. ("the rich get richer, and the poor get poorer") ... and I wondered if the graphs were a true/unbiased representation of the data. For example, I recently saw a couple of graphs in an article on the
I recently read a Washington Post article about the euro versus the dollar, and I wanted to analyze the data myself to see whether the article was simply stating the facts, or "sensationalizing" things. The washingtonpost.com article started with the headline, "This is historic: The dollar will soon be worth
Which is more important - having beautiful graphs, or accurate graphs? Let's explore this question using the locations of the world's richest billionaires... I recently saw a beautiful map on dadaviz.com that purported to show the cities with the most billionaires. Here's a screen-capture of that map: I decided to
Have you heard the old saying that "Banks only loan money to people who don't need it"? Let's analyze the data and see if that is true!... I'm very much a car-guy, and I love learning about all the new vehicles, and love the new-car feel ... and even the smell. It's hard to not like a
It's easy to plot events that happened at a certain time, but what about events that extended over a range of dates, such as recessions? ... This blog post teaches you a nice trick to use for that! Let's say you have a plot of the labor force participation rate