Central Bank Talk: Does It Matter and Why? Introduction
... what ways transparency helps economies perform better. It was in this spirit that we undertook the research for this paper. Of course, the potential benefits of central bank “talk” will only be realized if private agents pay attention to what the central bank has to say. It is not obvious, a priori, ...
... what ways transparency helps economies perform better. It was in this spirit that we undertook the research for this paper. Of course, the potential benefits of central bank “talk” will only be realized if private agents pay attention to what the central bank has to say. It is not obvious, a priori, ...
2009-III CENTRAL BANK OF THE REPUBLIC OF TURKEY
... a solid fiscal framework. A credible fiscal framework will not only bring down risk premiums, but also allow monetary policy to keep interest rates at low levels for an extended period. Therefore, the establishment of a credible medium-term program ensuring fiscal discipline and debt sustainability ...
... a solid fiscal framework. A credible fiscal framework will not only bring down risk premiums, but also allow monetary policy to keep interest rates at low levels for an extended period. Therefore, the establishment of a credible medium-term program ensuring fiscal discipline and debt sustainability ...
Business Models in Accounting
... • There are many forms of business relationship that provide intermediate forms of organisation between the extremes of organisation within firms and organisation through markets. • The choice of the most appropriate form of organisation in any instance ultimately depends on a comparison of the re ...
... • There are many forms of business relationship that provide intermediate forms of organisation between the extremes of organisation within firms and organisation through markets. • The choice of the most appropriate form of organisation in any instance ultimately depends on a comparison of the re ...
Capital Structure and Employment Flexibility
... A dual labor market consisting of workers who are characterized by di¤erent degrees of job security exists in virtually every country, either informally (with "under-the-table" payments) or formally (with di¤erent legal contractual arrangements with employees). One particular country that provides a ...
... A dual labor market consisting of workers who are characterized by di¤erent degrees of job security exists in virtually every country, either informally (with "under-the-table" payments) or formally (with di¤erent legal contractual arrangements with employees). One particular country that provides a ...
ANNUAL REPORT - Credit Libanais
... Based on our client-centric strategy and our stronger technological infrastructure, we constantly revamp our retail banking services to satisfy the ever-evolving customer needs throughout all the phases of their life. In 2014, CL reaffirmed its leading role in supporting stability in the lives of Le ...
... Based on our client-centric strategy and our stronger technological infrastructure, we constantly revamp our retail banking services to satisfy the ever-evolving customer needs throughout all the phases of their life. In 2014, CL reaffirmed its leading role in supporting stability in the lives of Le ...
PDF - Publications
... More recently the European Commission launched a consultation for simple, transparent and standardised securitisation. With regard to investment vehicles, private placements also appear to be a promising means to channel financing to the economy. In order to facilitate the development of a Euro Priv ...
... More recently the European Commission launched a consultation for simple, transparent and standardised securitisation. With regard to investment vehicles, private placements also appear to be a promising means to channel financing to the economy. In order to facilitate the development of a Euro Priv ...
Vanguard Personal Advisor Services Brochure
... Vanguard Funds that will be maintained in your account(s) to meet that allocation. The recommendations made by VAI in connection with Vanguard Personal Advisor Services, and the Ongoing Service in particular, will normally be limited to allocations in Vanguard Funds and will generally not include re ...
... Vanguard Funds that will be maintained in your account(s) to meet that allocation. The recommendations made by VAI in connection with Vanguard Personal Advisor Services, and the Ongoing Service in particular, will normally be limited to allocations in Vanguard Funds and will generally not include re ...
The Effect of Debt on the Cost of Equity in a Regulatory Setting
... regulated entity can result in material errors in cost of equity estimation. Ignoring such differences results in a disconnect between the cost of capital information provided by the sample and the allowed return for the regulated entity, because the market value capital structure is as important to ...
... regulated entity can result in material errors in cost of equity estimation. Ignoring such differences results in a disconnect between the cost of capital information provided by the sample and the allowed return for the regulated entity, because the market value capital structure is as important to ...
Private Pensions and Policy Responses to the Financial
... Pension funds in Norway had 3 years to increase their premium reserves as a result of new mortality statistics, but in light of the current crisis this period has been extend to 5 years. In Finland a new bill (passed in December 2008) aims at securing the solvency requirements of pension funds witho ...
... Pension funds in Norway had 3 years to increase their premium reserves as a result of new mortality statistics, but in light of the current crisis this period has been extend to 5 years. In Finland a new bill (passed in December 2008) aims at securing the solvency requirements of pension funds witho ...
The Researches on the Financing Difficulties and Improved Method
... ought to improve the ability of internal accumulation and management quality. The government should create the relevant policy, develop the credit guarantee system and widen the direct financing source for SMEs. In the meantime, indirect systems, the current main methods, need improving. By doing so ...
... ought to improve the ability of internal accumulation and management quality. The government should create the relevant policy, develop the credit guarantee system and widen the direct financing source for SMEs. In the meantime, indirect systems, the current main methods, need improving. By doing so ...
Economic and financial impacts of natural disasters: An assessment
... Natural disasters cause significant budgetary pressures, with both narrowly fiscal short-term impacts and wider long-term development implications. Reallocation is the primary fiscal response to disaster. Disasters have little impact on trends in total aid flows. ...
... Natural disasters cause significant budgetary pressures, with both narrowly fiscal short-term impacts and wider long-term development implications. Reallocation is the primary fiscal response to disaster. Disasters have little impact on trends in total aid flows. ...
Remittance income uncertainty and asset accumulation
... private dwellings in Mexico. The sampling frame is the one used by the INEGI for multiple purposes and is derived from demographic and geographic information obtained from the national censuses. The ENIGH covers all household expenditures, including expenditures on education, health, durable assets, ...
... private dwellings in Mexico. The sampling frame is the one used by the INEGI for multiple purposes and is derived from demographic and geographic information obtained from the national censuses. The ENIGH covers all household expenditures, including expenditures on education, health, durable assets, ...
Privatization of Public Enterprises in Zambia
... inconsistent with efficient and financially viable performance and lead to poor managerial supervision. Private ownership on the other hand is associated with better defined profit maximization objectives which lead to higher levels of performance and the institution of effective forms of incentives ...
... inconsistent with efficient and financially viable performance and lead to poor managerial supervision. Private ownership on the other hand is associated with better defined profit maximization objectives which lead to higher levels of performance and the institution of effective forms of incentives ...
Distress Anomaly and Shareholder Risk: International Evidence Assaf Eisdorfer
... distressed equities are typically found to have lower returns, a finding inconsistent with a riskbased story. Furthermore, the excess returns to most distressed stocks are negative (see CHS, 2008.) We refer to this phenomenon as “distress risk puzzle.” While a few potential explanations have been pr ...
... distressed equities are typically found to have lower returns, a finding inconsistent with a riskbased story. Furthermore, the excess returns to most distressed stocks are negative (see CHS, 2008.) We refer to this phenomenon as “distress risk puzzle.” While a few potential explanations have been pr ...
This PDF is a selection from a published volume from... Economic Research Volume Title: NBER International Seminar on Macroeconom
... International reserves held by government authorities are part of national wealth and were originally important for countries with fixed exchange rates that wanted to avoid costly adjustments to disturbances in the external sector of the economy. For example, if a country ran a current account defic ...
... International reserves held by government authorities are part of national wealth and were originally important for countries with fixed exchange rates that wanted to avoid costly adjustments to disturbances in the external sector of the economy. For example, if a country ran a current account defic ...
We have made a final decision on Ausgrid`s distribution
... customers through distribution network charges. Our final decision allows Ausgrid to recover $6576.4 million ($nominal) from its customers over the 2015–19 regulatory control period. If we had accepted Ausgrid’s proposal, it would have recovered $9754.0 million ($nominal) over the 2015-19 period. Ou ...
... customers through distribution network charges. Our final decision allows Ausgrid to recover $6576.4 million ($nominal) from its customers over the 2015–19 regulatory control period. If we had accepted Ausgrid’s proposal, it would have recovered $9754.0 million ($nominal) over the 2015-19 period. Ou ...
Trade and Development Report, 2014 – Global governance
... The classification of countries in this Report has been adopted solely for the purposes of statistical or analytical convenience and does not necessarily imply any judgement concerning the stage of development of a particular country or area. The major country groupings used in this Report follow th ...
... The classification of countries in this Report has been adopted solely for the purposes of statistical or analytical convenience and does not necessarily imply any judgement concerning the stage of development of a particular country or area. The major country groupings used in this Report follow th ...
FREE Sample Here
... a. Because bonds can generally be called only at a premium, meaning that the bondholder will enjoy a capital gain, including a call provision (other than a sinking fund call) in the indenture increases the value of the bond and lowers the bond's required rate of return. b. You are considering two bo ...
... a. Because bonds can generally be called only at a premium, meaning that the bondholder will enjoy a capital gain, including a call provision (other than a sinking fund call) in the indenture increases the value of the bond and lowers the bond's required rate of return. b. You are considering two bo ...
Ending "Too Big To Fail"
... Despite this, the largest conglomerates (“chaebol”) were able to borrow heavily from households through issuing bonds at low interest rates in 1998―allowing many of them to avoid immediate failure and become even bigger relative to the economy. The largest conglomerates issued disproportionately mor ...
... Despite this, the largest conglomerates (“chaebol”) were able to borrow heavily from households through issuing bonds at low interest rates in 1998―allowing many of them to avoid immediate failure and become even bigger relative to the economy. The largest conglomerates issued disproportionately mor ...
Changing the Corporate Tax Base to Effectively
... billions of annual tax dollars that could be used to pay off the current budget deficit.7 Allowing corporations to escape paying U.S. taxes when they actively derive benefits from the U.S. market is unacceptable.8 The attempts and proposals to fix this problem through legislation have focused on cre ...
... billions of annual tax dollars that could be used to pay off the current budget deficit.7 Allowing corporations to escape paying U.S. taxes when they actively derive benefits from the U.S. market is unacceptable.8 The attempts and proposals to fix this problem through legislation have focused on cre ...
January 31, 2017 - Tortoise Index Solutions
... resulting sum of weights in the indirect segment is less than 30% due to the 4% limitation on individual securities. In that event, the excess available market cap will be redistributed to the direct segment. For the Underlying Index as a whole, no individual security may be more than 7.5% of the t ...
... resulting sum of weights in the indirect segment is less than 30% due to the 4% limitation on individual securities. In that event, the excess available market cap will be redistributed to the direct segment. For the Underlying Index as a whole, no individual security may be more than 7.5% of the t ...
FINANCIAL LITERACY AND INFLUENCE OF PSYCHOSOCIAL
... and instruments. In Pakistan, individuals simply know that they are depositing money in various institutions in order to get more wealth in name of profit. They don’t know what exactly they are doing and they are ignorant about the functions and existence of financial markets. This scenario generate ...
... and instruments. In Pakistan, individuals simply know that they are depositing money in various institutions in order to get more wealth in name of profit. They don’t know what exactly they are doing and they are ignorant about the functions and existence of financial markets. This scenario generate ...
NBER WORKING PAPER SERIES BORROWING CONSTRAINTS AND CONSUMPTION BEHAVIOR IN JAPAN Midori Wakabayashi
... households have and whether borrowing constraints have an important influence on household consumption behavior. We identify borrowing-constrained households using three different indicators, some of which are unique to our data source, and find that the characteristics of households that are likely ...
... households have and whether borrowing constraints have an important influence on household consumption behavior. We identify borrowing-constrained households using three different indicators, some of which are unique to our data source, and find that the characteristics of households that are likely ...
11.1 Subsidiary Ledger Systems
... 9. What types of accounts are found in the main ledger? All types except for individual customers'’ or creditors’ accounts 10. Give the names of the two accounts in the main ledger that replace the accounts of customers and trade creditors. Accounts Receivable Control account and Accounts Payable C ...
... 9. What types of accounts are found in the main ledger? All types except for individual customers'’ or creditors’ accounts 10. Give the names of the two accounts in the main ledger that replace the accounts of customers and trade creditors. Accounts Receivable Control account and Accounts Payable C ...