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NBER WORKING PAPER SERIES GLOBALIZATION AND EMERGING MARKETS: WITH OR WITHOUT CRASH?
NBER WORKING PAPER SERIES GLOBALIZATION AND EMERGING MARKETS: WITH OR WITHOUT CRASH?

... model has the potential of generating quick recovery in the aftermath of crises. Our work is related to the literature on financial crises in emerging markets and sudden stops. Calvo (1998) explores the role of credit frictions to explain sudden stops. Mendoza (2004) and Mendoza and Smith (2002, 200 ...
7 pages, 23K
7 pages, 23K

... Storm Drainage Improvements and a SixteenInch Water Line in Connection with Provincetowne P.U.D. Second Filing on a Portion of the City’s Provincetowne Property. ...
Understanding the global financial crisis
Understanding the global financial crisis

... desirable. Mason (2008) distinguishes ‘real’ from ‘nominal’ financial innovations. A financial innovation that provides economically valuable benefits constitutes a real financial innovation. Nominal financial innovations are financial instruments that increase compensation without providing lasting ...
FINALHill Rebuttal
FINALHill Rebuttal

... structure. In such a model, the optimal capital structure can be visualized as a trade-off between the benefit of debt financing (the interest tax shelter) and the costs of debt financing (financial distress and agency costs).” (Brigham, ...
Bank Liabilities Channel
Bank Liabilities Channel

... deteriorate, the volume of intermediated funds declines, which in turn forces borrowers to cut investments and other economic activities. Therefore, the primary channel through which financial intermediation affects real economic activity is still the typical ‘credit or lending channel’. The goal of ...
The Graduate Backpack
The Graduate Backpack

... ⧁ Generally, most companies offer 30 days SL in a 3 year cycle. ⧁ Income care benefits (total) ⧁ There is no real definition of total disability. ⧁ This total is usually assessed in the following manner: ...
Financial Planner`s Approach to Investment Selections for Clients
Financial Planner`s Approach to Investment Selections for Clients

... One of the inherent benefits of mutual fund investing is their generally broad diversification across many stocks and or bonds within their asset class. Some fund managers have, however, sought to enhance returns by concentrating more heavily on a particular company or companies that they believe wi ...
Northrop Grumman Financial Security and Savings - corporate
Northrop Grumman Financial Security and Savings - corporate

... Emerging Markets Fund — The Emerging Markets Fund consists of a diversified portfolio of stocks issued by companies based in developing countries. The fund’s objective is capital appreciation over the long term. Retirement Path Portfolios — Each retirement path is a broadly diversified portfolio of ...
GQG Partners Emerging Markets Equity Fund
GQG Partners Emerging Markets Equity Fund

... higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in total annual fund operating expenses or in the example, affect the Fund’s performance. ...
Chapter Highlights
Chapter Highlights

... Managers of LIFO inventories often face difficult decisions relative to the use of this inventory method. Managers must weigh the purchase decisions at year end with the effect these decisions will have on reported income and income taxes. LIFO can induce firms to manage LIFO layers and cost of good ...
fdi between eu member states: gravity model and taxes
fdi between eu member states: gravity model and taxes

... the case of international trade, exports value is not distorted by tariffs, nontariffs barriers and cost of transport and insurance. However data concerning imports are more precise thanks to the registration linked with customs duties (data concerning exports are usually based on tax returns). Tak ...
Think active can`t outperform? Think again
Think active can`t outperform? Think again

... expensive share class of the fund, thereby further diluting performance. An asset-weighted expense ratio was not used. • End-point style. Active share scores for each fund were calculated against the hand-picked benchmarks based on its Morningstar categorization as of Dec. 31, 2016. The historical s ...
RTX Telecom A/S
RTX Telecom A/S

... “Company”), in particular the direction of future product development, future sales, operating profits and business expansion. Such statements are subject to risks and uncertainties as various factors, many of which are outside the control of RTX Telecom, may cause the actual development and results ...
Financial Stress and Economic Activity in Germany and the Euro Area
Financial Stress and Economic Activity in Germany and the Euro Area

... They emphasize that unexpected variation in financial stress leads to significant variations in output. Grimaldi (2010) discusses the performance of a financial stress indicator for the Euro Area. She finds that the indicator is able to efficiently extract information from an otherwise noisy signal ...
Financial stress and economic activity in Germany and the Euro Area
Financial stress and economic activity in Germany and the Euro Area

... They emphasize that unexpected variation in financial stress leads to significant variations in output. Grimaldi (2010) discusses the performance of a financial stress indicator for the Euro Area. She finds that the indicator is able to efficiently extract information from an otherwise noisy signal ...
Workir This paper is part of NBER's research prcqram in International... Any opinions expressud are those of the authors ani not...
Workir This paper is part of NBER's research prcqram in International... Any opinions expressud are those of the authors ani not...

... Particularly significant contributions to the literature are contained in a series of papers by Frenkel and Razin, most of which are brought together in Frenkel and Razin (1987). ...
Global Brands - Frank Abenante (Download 2)
Global Brands - Frank Abenante (Download 2)

... statements. Examples of forward-looking statements include, but are not limited to: (i) statements about the benefits of the merger between InBev SA/NV and AnheuserBusch, including future financial and operating results, synergies, cost savings, enhanced revenues and accretion to reported earnings t ...
2017 LONG-TERM CAPITAL MARKET EXPECTATIONS
2017 LONG-TERM CAPITAL MARKET EXPECTATIONS

... are those of FT Solutions and are subject to change without notice. There is no assurance that any forecast or projection will be realized. ...
2017 Long-Term Capital Market Expectations
2017 Long-Term Capital Market Expectations

... are those of FT Solutions and are subject to change without notice. There is no assurance that any forecast or projection will be realized. ...
PDF Download
PDF Download

... Second, much must be done to make sure American workers have the knowledge and skills they need to compete in the global economy. That means strengthening the K through 12 curriculum, investing in science and engineering higher education, and restoring funding to community colleges and retraining pr ...
JAST-Definition of Lead Active and Delegating
JAST-Definition of Lead Active and Delegating

... line with the government requirements and priorities. 4. Facilitates linkages and flow of information and analysis to other development partners groups as well as the main DPG. 5. Facilitate the sector / thematic working group as a whole to review individual strategies of DPs in the sector / themati ...
Proposal file - Inter-American Development Bank
Proposal file - Inter-American Development Bank

... satisfy their housing needs and the conditions of the housing units where they live. We will characterize the occupancy conditions (rental, occupancy with no title deed, formal ownership), the expenses of the family on housing as a percentage of their monthly income, the physical conditions of the h ...
Old Dog, New Tricks: 140 Years of Financial Crises
Old Dog, New Tricks: 140 Years of Financial Crises

... The Financial Instability Hypothesis: An Interpretation of Keynes and Alternative to Standard Theory, in: Challenge March/April 1977, pp. 20–27. ...
Editorial 2012
Editorial 2012

... that is, investors, lenders and other creditors, in making decisions about providing the entity with resources. In the Consultation, the focus is somewhat more broadly defined, including not just investors, lenders and other creditors, but also preparers of financial statements, auditors, securities ...
Income as the Source of Long-Term Returns
Income as the Source of Long-Term Returns

... reluctance to consider a true long-term horizon. References to long-term investment performance often tend to cite 3- or 5-year asset class returns. We challenge this definition of a long-term horizon for two reasons. First, individuals and institutions may be investing for retirement purposes or wi ...
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Public finance

Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.The purview of public finance is considered to be threefold: governmental effects on (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization.
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