2014 ANNUAL REPORT Financial and Corporate Responsibility
... industry and demonstrate both our technology leadership and the value of our long-term investment strategy. Including the new family of GTF engines, we have more than 50 engine and aerospace systems entering service over the next few years, collectively representing more than $900 billion of potenti ...
... industry and demonstrate both our technology leadership and the value of our long-term investment strategy. Including the new family of GTF engines, we have more than 50 engine and aerospace systems entering service over the next few years, collectively representing more than $900 billion of potenti ...
ACCRUED EXPENSES (ACCRUED LIABILITIES)
... affect net income? a. Net income will be overstated. b. Net income will be understated. c. Net income will be unaffected. 3. If a company fails to record an adjusting entry for property taxes, then net income will be . . . a. ...
... affect net income? a. Net income will be overstated. b. Net income will be understated. c. Net income will be unaffected. 3. If a company fails to record an adjusting entry for property taxes, then net income will be . . . a. ...
pdf
... competitive Canadian dollar and low oil prices, continues to support Ontario’s economic growth. We are diversifying our export markets and Ontario’s real merchandise exports are now 5.4 per cent higher than they were a year ago. Exports have increased, businesses are hiring more workers, producti ...
... competitive Canadian dollar and low oil prices, continues to support Ontario’s economic growth. We are diversifying our export markets and Ontario’s real merchandise exports are now 5.4 per cent higher than they were a year ago. Exports have increased, businesses are hiring more workers, producti ...
Dublin City School District Comprehensive Annual Financial Report June 30, 2004
... north and northwest of downtown Columbus, the state capital. The Dublin City School District is a rapidly growing suburban district. Nearly 100% of the City of Dublin is located within the school district. Dublin’s population in 1970 was 671 residents. From the 2000 census, according to U.S. Census ...
... north and northwest of downtown Columbus, the state capital. The Dublin City School District is a rapidly growing suburban district. Nearly 100% of the City of Dublin is located within the school district. Dublin’s population in 1970 was 671 residents. From the 2000 census, according to U.S. Census ...
Quarterly - UniCredit Tiriac Bank
... As is already clear, there will be considerable difference between this decade and the last, with the region currently in the process of determining a 'new norm'. We have argued for some time that we see a sustained improvement in external demand as central to a cyclical recovery in the region. In t ...
... As is already clear, there will be considerable difference between this decade and the last, with the region currently in the process of determining a 'new norm'. We have argued for some time that we see a sustained improvement in external demand as central to a cyclical recovery in the region. In t ...
The Aggregate Demand for Treasury Debt
... rates, and the bond spread to widen. The opposite applies when the stock of debt is high. Variation in the supply of Treasury securities traces out a downward sloping demand curve for Treasuries. We estimate the semi-elasticity of the corporate bond spread to the Debt/GDP ratio, finding that a hypot ...
... rates, and the bond spread to widen. The opposite applies when the stock of debt is high. Variation in the supply of Treasury securities traces out a downward sloping demand curve for Treasuries. We estimate the semi-elasticity of the corporate bond spread to the Debt/GDP ratio, finding that a hypot ...
Office for Budget Responsibility Economic and fiscal outlook Cm 9419
... In this Economic and fiscal outlook (EFO) we set out forecasts to 2021-22. We also assess whether the Government is on course to meet the medium-term fiscal objectives that it has set itself. The forecasts presented in this document represent the collective view of the three independent members of t ...
... In this Economic and fiscal outlook (EFO) we set out forecasts to 2021-22. We also assess whether the Government is on course to meet the medium-term fiscal objectives that it has set itself. The forecasts presented in this document represent the collective view of the three independent members of t ...
Myths of Infrastructure Spending in Canada
... road, railway, or port) can increase long-term economic growth by improving the economy’s productive capacity through more efficient transportation corridors that move people and goods across our country and to borders and ports. In practice, however, not all public infrastructure spending fits this ...
... road, railway, or port) can increase long-term economic growth by improving the economy’s productive capacity through more efficient transportation corridors that move people and goods across our country and to borders and ports. In practice, however, not all public infrastructure spending fits this ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... which case they would not be different from other tax revenues-in enterprises-but also nontax revenues through profit transfers. On the other hand, money-losing public enterprises are often recipients of large current or capital transfers from the government. Because many public enterprises-and in g ...
... which case they would not be different from other tax revenues-in enterprises-but also nontax revenues through profit transfers. On the other hand, money-losing public enterprises are often recipients of large current or capital transfers from the government. Because many public enterprises-and in g ...
13 Fiscal Monitor Fiscal Adjustment in an Uncertain World
... traditional norms, even if this is to occur only over a relatively long horizon. While achieving sufficiently large primary surpluses and then maintaining them for an extended period will be difficult, there are no alternative quick fixes. High inflation aimed at eroding the real value of the debt o ...
... traditional norms, even if this is to occur only over a relatively long horizon. While achieving sufficiently large primary surpluses and then maintaining them for an extended period will be difficult, there are no alternative quick fixes. High inflation aimed at eroding the real value of the debt o ...
Credit Constraints, Cyclical Fiscal Policy and
... to the e¢cient level of production (see Galí, Gertler, López-Salido (2007)).11 The e¤ect of scal policy in our model is di¤erent: scal policy a¤ects growth through a market-size e¤ect: e.g by increasing expenditures, the government can induce rms to devote more investment to long-term projects, a ...
... to the e¢cient level of production (see Galí, Gertler, López-Salido (2007)).11 The e¤ect of scal policy in our model is di¤erent: scal policy a¤ects growth through a market-size e¤ect: e.g by increasing expenditures, the government can induce rms to devote more investment to long-term projects, a ...
Discussion Paper
... Macro markets could take the form of international securities, futures, options or swaps markets for claims on major income components, including perpetual claims. As argued by Shiller (1993), settlements in these markets could be referenced to national income or other related aggregates, such as oc ...
... Macro markets could take the form of international securities, futures, options or swaps markets for claims on major income components, including perpetual claims. As argued by Shiller (1993), settlements in these markets could be referenced to national income or other related aggregates, such as oc ...
Borrowed securities - Bank for International Settlements
... domestic, current data collection would show only the position of the foreign Investor C. The negative position of any foreign Investor B would still be ignored. As a result, a net liability to foreigners would be shown, even though foreigners, on balance, have a net neutral position in the security ...
... domestic, current data collection would show only the position of the foreign Investor C. The negative position of any foreign Investor B would still be ignored. As a result, a net liability to foreigners would be shown, even though foreigners, on balance, have a net neutral position in the security ...
The Evolution of Pension Systems in Eastern Europe
... consumption-smoothing objective in light of insufficient resources; maintaining a minimally adequate income floor became the overriding objective. Therefore, in early 2000, Georgia, Azerbaijan, Armenia, Tajikistan, Albania, Ukraine, among others, effectively have systems in which there is little or ...
... consumption-smoothing objective in light of insufficient resources; maintaining a minimally adequate income floor became the overriding objective. Therefore, in early 2000, Georgia, Azerbaijan, Armenia, Tajikistan, Albania, Ukraine, among others, effectively have systems in which there is little or ...
Economic and fiscal outlook
... fiscal objectives that it has set itself. For the first time, that includes an assessment of spending subject to the Government’s new ‘welfare cap’. The forecasts presented in this document represent the collective view of the three independent members of the OBR’s Budget Responsibility Committee (B ...
... fiscal objectives that it has set itself. For the first time, that includes an assessment of spending subject to the Government’s new ‘welfare cap’. The forecasts presented in this document represent the collective view of the three independent members of the OBR’s Budget Responsibility Committee (B ...
Final Budget Outcome 2013-14
... largely driven by a stronger than expected contribution from net exports. With the resources sector transitioning from the investment to production phase, commodity export volumes increased at a faster pace than expected, while mining related capital imports fell. The decline in Australia’s terms of ...
... largely driven by a stronger than expected contribution from net exports. With the resources sector transitioning from the investment to production phase, commodity export volumes increased at a faster pace than expected, while mining related capital imports fell. The decline in Australia’s terms of ...
Market Risk, Mortality Risk, and Sustainable Retirement
... of thumb have been expressed—for instance, Bodie and Crane (1997) and Booth (2004) note that investors often set the stock allocation in their portfolios equal 100 minus the their age—a wide variety of optimal allocations can result from changing the conditions of the investor’s level of wealth (Wac ...
... of thumb have been expressed—for instance, Bodie and Crane (1997) and Booth (2004) note that investors often set the stock allocation in their portfolios equal 100 minus the their age—a wide variety of optimal allocations can result from changing the conditions of the investor’s level of wealth (Wac ...
COM SEC(2010)0791(PAR2)
... private sector. If the economy-wide risk premium is calibrated to increase by 3 basis points per percentage point increase in debt, output may be between 2 and 8 percentage points lower in the long run, depending on the tax instrument used. In the current context, anticipation of projected higher de ...
... private sector. If the economy-wide risk premium is calibrated to increase by 3 basis points per percentage point increase in debt, output may be between 2 and 8 percentage points lower in the long run, depending on the tax instrument used. In the current context, anticipation of projected higher de ...
Greece
... equivalent of SDR 3 billion (€3.5 billion) is proposed to be released on the completion of the review. Euro area countries have so far disbursed €139.9 billion since this program’s approval (of €144.6 billion committed), of which €48.2 billion was for bank recapitalization. Developments. Significant ...
... equivalent of SDR 3 billion (€3.5 billion) is proposed to be released on the completion of the review. Euro area countries have so far disbursed €139.9 billion since this program’s approval (of €144.6 billion committed), of which €48.2 billion was for bank recapitalization. Developments. Significant ...
intel corporation
... On January 26, 2017 , Intel Corporation (“Intel”) issued a press release announcing the financial results of its fourth quarter and full year ended December 31, 2016 and forward-looking statements relating to its first quarter of 2017 and full year 2017 . A copy of this press release is attached her ...
... On January 26, 2017 , Intel Corporation (“Intel”) issued a press release announcing the financial results of its fourth quarter and full year ended December 31, 2016 and forward-looking statements relating to its first quarter of 2017 and full year 2017 . A copy of this press release is attached her ...
Measures of Retirement Benefit Adequacy: Which, Why, for Whom
... events are considered. Making retirement decisions based on averages increases the risk of running out of money: The level of retirement wealth necessary to be 95% confident of having sufficient funds to meet all cash flow needs is much higher than what is needed on average. These extreme difference ...
... events are considered. Making retirement decisions based on averages increases the risk of running out of money: The level of retirement wealth necessary to be 95% confident of having sufficient funds to meet all cash flow needs is much higher than what is needed on average. These extreme difference ...
Financial sustainability of local authorities
... The Department does not have a good enough understanding of the extent to which revenue pressures are affecting local authorities’ capital spending and resourcing activities. Local authorities are under sustained revenue pressure, with reductions in government funding leading to a 13.8% real terms r ...
... The Department does not have a good enough understanding of the extent to which revenue pressures are affecting local authorities’ capital spending and resourcing activities. Local authorities are under sustained revenue pressure, with reductions in government funding leading to a 13.8% real terms r ...
2016-17 Convergence Programme for the United Kingdom
... The UK economy showed considerable momentum in the run up to the EU referendum, and has shown significant resilience since. The British people’s decision to leave the EU presents new opportunities, but also new challenges. The economy will need to adjust to new relationships with the EU and the rest ...
... The UK economy showed considerable momentum in the run up to the EU referendum, and has shown significant resilience since. The British people’s decision to leave the EU presents new opportunities, but also new challenges. The economy will need to adjust to new relationships with the EU and the rest ...
The impact of the euro on euro area GDP per capita
... considered that the main welfare improvement ingredient was expected to result from the elimination of exchange rate risk, which had traditionally been one of the main sources of uncertainty characterising Europe (De Grauwe P, 2012). This, together with the expected reduction of interest rates, led ...
... considered that the main welfare improvement ingredient was expected to result from the elimination of exchange rate risk, which had traditionally been one of the main sources of uncertainty characterising Europe (De Grauwe P, 2012). This, together with the expected reduction of interest rates, led ...
budget
... 3. Motivation is generally higher when individuals participate in setting their own goals than when the goals are imposed from above. 4. A manager who is not able to meet a budget imposed from above can claim that it was unrealistic. Self-imposed ...
... 3. Motivation is generally higher when individuals participate in setting their own goals than when the goals are imposed from above. 4. A manager who is not able to meet a budget imposed from above can claim that it was unrealistic. Self-imposed ...
Expenditures in the United States federal budget
The United States federal budget contains a number of expenditures, which include mandatory programs such as the Medicare and Social Security programs, military spending, and discretionary funding for Cabinet Departments (e.g., United States Department of Justice) and agencies (e.g., Securities & Exchange Commission).During FY2014, the federal government spent $3.504 trillion on a budget or cash basis, up $50 billion or 1% vs. FY2013 spending of $3.455 trillion. Major categories of FY 2014 spending included: Social Security ($845B or 24% of spending), Healthcare such as Medicare and Medicaid ($831B or 24%), Defense Department ($596B or 17%), non-defense discretionary spending used to run federal Departments and Agencies ($583B or 17%), other mandatory programs such as food stamps and unemployment compensation ($420B or 12%) and interest ($229B or 6.5%).Expenditures are classified as mandatory, with payments required by specific laws, or discretionary, with payment amounts renewed annually as part of the budget process. Expenditures averaged 20.4% GDP over the past 40 years, generally ranging +/-2% GDP from that level. The 2014 spend was 20.3% GDP, versus 2013 spend of 20.8% GDP and a recent 2009 peak of 24.4% GDP.CBO projects that spending for Social Security, Healthcare programs and interest costs will rise relative to GDP over the 2015-2025 period, while defense and other discretionary spending will decline relative to GDP.Over the past 40 years, mandatory spending for programs such as Medicare and Social Security has grown as a share of the budget and relative to GDP, while other discretionary categories have declined. Medicare, Medicaid and Social Security grew from 4.3% of GDP in 1971 to 10.1% of GDP in 2012.In the long-run, expenditures related to Social Security, Medicare and Medicaid are growing considerably faster than the economy overall as the population matures. The Congressional Budget Office estimates that Social Security spending will rise from 4.8% of GDP in 2009 to 6.2% of GDP by 2035, where it will stabilize. However, CBO expects Medicare and Medicaid to continue growing, rising from 5.3% GDP in 2009 to 10.0% in 2035 and 19.0% by 2082. CBO has indicated healthcare spending per beneficiary is the primary long-term fiscal challenge. Further, multiple government and private sources have indicated the overall expenditure path is unsustainable.