This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Generational Accounting around the World
... received most of his or her old-age pension transfers. Imbalance among generational accounts cannot be used as an indicator of intergenerational inequity among existing generations. This does not mean, however, that some degree of intergenerational inequity may not prevail. Indeed, Clokeur and Perel ...
... received most of his or her old-age pension transfers. Imbalance among generational accounts cannot be used as an indicator of intergenerational inequity among existing generations. This does not mean, however, that some degree of intergenerational inequity may not prevail. Indeed, Clokeur and Perel ...
The transmission mechanism and financial stability policy (pdf 572 kB)
... The balance sheet channel assumes that a borrower pay an ‘external funding premium’ or a ‘risk premium’, when investments are financed using external funds instead of own funds. 10 The size of the risk premium depends on the creditworthiness of the borrower in the sense that a lower creditworthiness ...
... The balance sheet channel assumes that a borrower pay an ‘external funding premium’ or a ‘risk premium’, when investments are financed using external funds instead of own funds. 10 The size of the risk premium depends on the creditworthiness of the borrower in the sense that a lower creditworthiness ...
Portfolio Investment Flows to Emerging Markets
... Taiwan(China),Thnd, Trinidad& Tobago,Turkey,Uruguay,VenezuelaandZimbabwe.The IFCCompositeIndexmonitors 836 stocks from 20 emergingstock markets.It should be noted that, Hong Kongand Singaporeare inoludedin the developed stockmarkcts group by the IFC. 2This study does not focuson the 'Brady' bonds, w ...
... Taiwan(China),Thnd, Trinidad& Tobago,Turkey,Uruguay,VenezuelaandZimbabwe.The IFCCompositeIndexmonitors 836 stocks from 20 emergingstock markets.It should be noted that, Hong Kongand Singaporeare inoludedin the developed stockmarkcts group by the IFC. 2This study does not focuson the 'Brady' bonds, w ...
Financial Liberalisation and Crises
... It should be noted that the Dodd-Frank Act has effectively left it to new regulatory bodies to decide further on all these issues; ...
... It should be noted that the Dodd-Frank Act has effectively left it to new regulatory bodies to decide further on all these issues; ...
Purchase-to-Pay Processes
... purchase to pay. DPO refers to the average number of days it takes for a company to pay its suppliers. It is calculated as: ...
... purchase to pay. DPO refers to the average number of days it takes for a company to pay its suppliers. It is calculated as: ...
The Regulatory Responses to the Global Financial Crisis
... This paper identifies some of the current key reform challenges for creating stable, yet efficient financial systems. It does so in light of lessons from the recent and past financial crises and using insights from analytical and empirical studies. The general objective of possible reforms is clear: ...
... This paper identifies some of the current key reform challenges for creating stable, yet efficient financial systems. It does so in light of lessons from the recent and past financial crises and using insights from analytical and empirical studies. The general objective of possible reforms is clear: ...
Breitburn Energy Partners LP (Form: 8
... uncertainties and other factors. All statements other than statements of historical fact, including statements containing the words “intends,” “believes,” “expects,” “will,” and similar expressions, are statements that could be deemed to be forward-looking statements. In addition, the forward-lookin ...
... uncertainties and other factors. All statements other than statements of historical fact, including statements containing the words “intends,” “believes,” “expects,” “will,” and similar expressions, are statements that could be deemed to be forward-looking statements. In addition, the forward-lookin ...
HSBC World Selection Personal Pension
... rates fall, then the income available to you will be less. Although, some investment may potentially increase in value to at least in part offset this impart. However, if you have already purchased an annuity, your rate will not be affected by subsequent rate changes. ...
... rates fall, then the income available to you will be less. Although, some investment may potentially increase in value to at least in part offset this impart. However, if you have already purchased an annuity, your rate will not be affected by subsequent rate changes. ...
Agriculture Risk Management - Western Region Colorado State
... The uncertainty of not knowing what will happen in the future. The greater the uncertainty, the greater the risk. Risk is what makes it possible to make a profit. Minimum risk = minimum profits (minimum losses) High risk = higher profit potential (higher losses) ...
... The uncertainty of not knowing what will happen in the future. The greater the uncertainty, the greater the risk. Risk is what makes it possible to make a profit. Minimum risk = minimum profits (minimum losses) High risk = higher profit potential (higher losses) ...
Profits and rates of return
... in providing finance to companies. Price changes and changes in net worth do have economic effects - quite apart from the problems of measurement they create. Real holding gains have been of considerable significance in the 1970s. Inflation and especially changes in the rate of inflation appear to h ...
... in providing finance to companies. Price changes and changes in net worth do have economic effects - quite apart from the problems of measurement they create. Real holding gains have been of considerable significance in the 1970s. Inflation and especially changes in the rate of inflation appear to h ...
When Markets Fail to Deliver: An Examination of the Privatization
... The rise of New Public Management (NPM) and its faith in the ‘market’ in the early 1980s led governments to search for alternative methods in the delivery of public services. The fundamental philosophy was that governments should rethink what they do, and how they do it. Under this philosophy, it wa ...
... The rise of New Public Management (NPM) and its faith in the ‘market’ in the early 1980s led governments to search for alternative methods in the delivery of public services. The fundamental philosophy was that governments should rethink what they do, and how they do it. Under this philosophy, it wa ...
Header here - INSOL Europe
... • Until 2014: Czech Insolvency Act did not effectively allow discharge of debts of entrepreneurs • In this respect Czech Insolvency Act failed to encourage entrepreneurship and preferred consumption over business encouragement • Today: under certain circumstances, entrepreneurs may achieve discharge ...
... • Until 2014: Czech Insolvency Act did not effectively allow discharge of debts of entrepreneurs • In this respect Czech Insolvency Act failed to encourage entrepreneurship and preferred consumption over business encouragement • Today: under certain circumstances, entrepreneurs may achieve discharge ...
PRESENTATION TO HE DARWISH ISMA`EEL ALI AL BALUSHI
... SME DEVELOPMENT FUND CHALLENGES (internal & external)… 1. Insufficient interest in & understanding of entrepreneurship 2. Inadequate understanding of cash flow, marketing, management 3. Market access: private customers and government tenders 4. Gaps in the delivery of finance: a. Availability - 200 ...
... SME DEVELOPMENT FUND CHALLENGES (internal & external)… 1. Insufficient interest in & understanding of entrepreneurship 2. Inadequate understanding of cash flow, marketing, management 3. Market access: private customers and government tenders 4. Gaps in the delivery of finance: a. Availability - 200 ...
Ahlsell AB Q1 2017 interim report presentation Final Short
... Market • Positive development of the mainland economy and housing sector has had a positive impact on market conditions Highlights Q1 • Net sales up 28% driven by organic growth and an increased number of trading days • The shift of Easter to the second quart ...
... Market • Positive development of the mainland economy and housing sector has had a positive impact on market conditions Highlights Q1 • Net sales up 28% driven by organic growth and an increased number of trading days • The shift of Easter to the second quart ...
Unclassified ECO/WKP(2005)35 ECO/WKP(2005)35 Un
... of the tax and social benefit reforms has enhanced the incentives for unemployed workers to seek work, which should result in higher labour supply. Labour demand should also have increased, thanks to the more flexible labour market. However, as overall taxes on labour remain high, labour demand for ...
... of the tax and social benefit reforms has enhanced the incentives for unemployed workers to seek work, which should result in higher labour supply. Labour demand should also have increased, thanks to the more flexible labour market. However, as overall taxes on labour remain high, labour demand for ...
Document
... (b) its bonds will sell for higher prices than would the bonds of a company with a lower probability of default. (c) it must offer investors higher yields to compensate them for the risk they take in buying their bonds or making loans. (d) it must do so through financial markets rather than through ...
... (b) its bonds will sell for higher prices than would the bonds of a company with a lower probability of default. (c) it must offer investors higher yields to compensate them for the risk they take in buying their bonds or making loans. (d) it must do so through financial markets rather than through ...
germany - OECD.org
... complacent. Germany’s powerful export engine and improving fiscal management have served it well, but they should be complemented with policies that support sustainable and inclusive growth, ensuring that prosperity is shared by all. Such policies will be critical as the country enters an advanced s ...
... complacent. Germany’s powerful export engine and improving fiscal management have served it well, but they should be complemented with policies that support sustainable and inclusive growth, ensuring that prosperity is shared by all. Such policies will be critical as the country enters an advanced s ...
Cross-Industry Product Diversification
... although the volatility of banks’ net operating income declines, the lower volatility is not due to diversification benefits but because of reduced volatility of net interest income. Second, at the micro level, increased reliance on non-interest income is accompanied by higher risk and lower risk-a ...
... although the volatility of banks’ net operating income declines, the lower volatility is not due to diversification benefits but because of reduced volatility of net interest income. Second, at the micro level, increased reliance on non-interest income is accompanied by higher risk and lower risk-a ...
112 KB - Financial System Inquiry
... In developing a philosophy of financial regulation, the Inquiry’s starting point is to identify the core characteristics of the products, markets and institutions which may be subject to regulation. The Inquiry has approached this task by examining the economic function of financial markets and inst ...
... In developing a philosophy of financial regulation, the Inquiry’s starting point is to identify the core characteristics of the products, markets and institutions which may be subject to regulation. The Inquiry has approached this task by examining the economic function of financial markets and inst ...
REGENERON PHARMACEUTICALS INC (Form: 8
... Regeneron has entered into non-exclusive license agreements with AstraZeneca and Astellas that allow those companies to utilize VelocImmune ® technology in their internal research programs to discover human monoclonal antibodies. Each company made a $20.0 million up-front, non-refundable payment in ...
... Regeneron has entered into non-exclusive license agreements with AstraZeneca and Astellas that allow those companies to utilize VelocImmune ® technology in their internal research programs to discover human monoclonal antibodies. Each company made a $20.0 million up-front, non-refundable payment in ...
http://www-935.ibm.com/services/us/imc/pdf/ge510-6270-trader.pdf
... indices, such as the S&P 500). ...
... indices, such as the S&P 500). ...
Word Format - Singapore Budget 2017
... First, we have to restructure our overall economy towards higher-value activities and exit from less efficient ...
... First, we have to restructure our overall economy towards higher-value activities and exit from less efficient ...
Germany
... Germany fundamentals are sound: balance sheets are generally healthy, unemployment is at a historic low, and the fiscal position is strong. While a recovery is underway, medium-term growth prospects are subdued and the current account surplus remains high. The economy also faces a still weak int ...
... Germany fundamentals are sound: balance sheets are generally healthy, unemployment is at a historic low, and the fiscal position is strong. While a recovery is underway, medium-term growth prospects are subdued and the current account surplus remains high. The economy also faces a still weak int ...
NBER WORKING PAPER SERIES HOUSEHOLD LEVERAGING AND DELEVERAGING Alejandro Justiniano Giorgio E. Primiceri
... steep rise in house prices facilitated more borrowing, even for given credit standards. And when house prices collapsed, the credit cycle went in reverse. We model the “liberalization” cycle as an exogenous increase in the loan-to-value (LTV) ratio on mortgage borrowing, followed by an abrupt return ...
... steep rise in house prices facilitated more borrowing, even for given credit standards. And when house prices collapsed, the credit cycle went in reverse. We model the “liberalization” cycle as an exogenous increase in the loan-to-value (LTV) ratio on mortgage borrowing, followed by an abrupt return ...
- Investment Management Association of
... expanding distribution channels such as direct sales and sales by insurance companies as well as sales by securities companies and banks. The National Assembly approved on September 10, 2004 a bill that allows the establishment of private equity funds (PEFs) in order to channel more money into stock ...
... expanding distribution channels such as direct sales and sales by insurance companies as well as sales by securities companies and banks. The National Assembly approved on September 10, 2004 a bill that allows the establishment of private equity funds (PEFs) in order to channel more money into stock ...