Berglof_presentation
... Conclusion (3): Did financial integration generate macro-financial vulnerabilities? Yes, but … • Drivers of credit booms and FX lending were fast inflows, not so much higher levels/stocks • To the extent that stocks were a problem, it was debt, not FDI stocks • Results not conclusive on role of for ...
... Conclusion (3): Did financial integration generate macro-financial vulnerabilities? Yes, but … • Drivers of credit booms and FX lending were fast inflows, not so much higher levels/stocks • To the extent that stocks were a problem, it was debt, not FDI stocks • Results not conclusive on role of for ...
1416626799
... portfolio is worth around $32 billion, while individual investors own $88 billion. It is the retail investors who have been heavily investing in equities through MFs over the past couple of years. This observation can be made from the fact that close to $17 billion of NFO collections made in the las ...
... portfolio is worth around $32 billion, while individual investors own $88 billion. It is the retail investors who have been heavily investing in equities through MFs over the past couple of years. This observation can be made from the fact that close to $17 billion of NFO collections made in the las ...
NBER WORKING PAPER SERIES UNINSURED IDIOSYNCRATIC INVESTMENT RISK AND AGGREGATE SAVING George-Marios Angeletos
... Following Bewley (1977), Aiyagari (1994) and Krusell and Smith (1998), an extensive literature has examined the macroeconomic implications of idiosyncratic labor-income risk, but has largely neglected idiosyncratic risks in private production and capital returns.1 In contrast, the typical investor i ...
... Following Bewley (1977), Aiyagari (1994) and Krusell and Smith (1998), an extensive literature has examined the macroeconomic implications of idiosyncratic labor-income risk, but has largely neglected idiosyncratic risks in private production and capital returns.1 In contrast, the typical investor i ...
Financial Reporting
... related information from a business enterprise to third parties (external users) including shareholders, creditors, customers, government authorities and the public. It is the reporting of accounting information of an entity (individual, firm, company, government enterprise) to a user or group of us ...
... related information from a business enterprise to third parties (external users) including shareholders, creditors, customers, government authorities and the public. It is the reporting of accounting information of an entity (individual, firm, company, government enterprise) to a user or group of us ...
Financial Management: Principles and Applications
... B) Their interest rate always varies with the Consumer Price Index C) They have a fixed maturity, and they pay an amount equal to the maturity value times the coupon rate each year. D) At maturity of the bond, the investor receives the market price of the bond. Answer: C Diff: 1 Topic: 2.3 The Finan ...
... B) Their interest rate always varies with the Consumer Price Index C) They have a fixed maturity, and they pay an amount equal to the maturity value times the coupon rate each year. D) At maturity of the bond, the investor receives the market price of the bond. Answer: C Diff: 1 Topic: 2.3 The Finan ...
Chapter 1
... Overall Performance Measuring and Insurer’s Overall Performance He investment income ratio compares the amount of net investment income (investment income minus investment expenses) with earned premiums over a specific period of time. The investment income ratio is calculated as shown: Investment i ...
... Overall Performance Measuring and Insurer’s Overall Performance He investment income ratio compares the amount of net investment income (investment income minus investment expenses) with earned premiums over a specific period of time. The investment income ratio is calculated as shown: Investment i ...
Irrational Exuberance
... money without an official institution like commercial banks. P2P institutions connect borrowers and lenders, and they The most commonly used type of became very popular in recent years in China but not so leverage for a retail investor is borrowing popular in the US. from stock brokers. Provid ...
... money without an official institution like commercial banks. P2P institutions connect borrowers and lenders, and they The most commonly used type of became very popular in recent years in China but not so leverage for a retail investor is borrowing popular in the US. from stock brokers. Provid ...
What Might Investors Expect from US High Yield?
... It does not seem likely that returns f or the high yield will continue at the same trajectory. Nonetheless, there are some positive f actors f or the asset class. First, a J.P. Morgan measure of def ault risk was recently at below-average levels. Also, tax and f iscal policy initiatives may help sp ...
... It does not seem likely that returns f or the high yield will continue at the same trajectory. Nonetheless, there are some positive f actors f or the asset class. First, a J.P. Morgan measure of def ault risk was recently at below-average levels. Also, tax and f iscal policy initiatives may help sp ...
Institute of Actuaries of India Subject SA6 – Investment May 2013 Examinations
... rates are higher for longer terms since the risks/uncertainties would increase as the term increases thereby seeking higher returns for longer term. If there is a reversal in the yield curve whereby it has become downward sloping then it is abnormal and the trend in the market may be bearish. This c ...
... rates are higher for longer terms since the risks/uncertainties would increase as the term increases thereby seeking higher returns for longer term. If there is a reversal in the yield curve whereby it has become downward sloping then it is abnormal and the trend in the market may be bearish. This c ...
UBS Investor Watch
... “ With the election next year, it is a big concern on where to continue to put money. Will Fed rates continue to rise? There are a lot of unknown factors right now.” ...
... “ With the election next year, it is a big concern on where to continue to put money. Will Fed rates continue to rise? There are a lot of unknown factors right now.” ...
Risk Perception and Foreign Exchange Risk Management in
... We study the perception of risks in the funding of microfinance institutions. A survey addressed to microfinance institutions and their funding organizations reveals that several risk types, among them foreign exchange (FX) risk, are not considered to be as important as reported in the relevant lite ...
... We study the perception of risks in the funding of microfinance institutions. A survey addressed to microfinance institutions and their funding organizations reveals that several risk types, among them foreign exchange (FX) risk, are not considered to be as important as reported in the relevant lite ...
Investment Analysis Eco/Bus350
... • Calculate return and risk based on distribution for a single asset • Calculate return and risk for a portfolio of assets • Holding Period Return • Real life indices • Calculate return and risk from index example, geometric mean and arithmetic mean comparison ...
... • Calculate return and risk based on distribution for a single asset • Calculate return and risk for a portfolio of assets • Holding Period Return • Real life indices • Calculate return and risk from index example, geometric mean and arithmetic mean comparison ...
corporate bankruptcy prediction model in mongolia
... Mongolia and Mongolian Stock Exchange website. After removing outliers, we had 331 statements of which 128 were failed and 203 were nonfailed companies. The descriptive statistics of the variables are shown in Table 1 along with variable descriptions. We chose 203 nonfailed companies data that cover ...
... Mongolia and Mongolian Stock Exchange website. After removing outliers, we had 331 statements of which 128 were failed and 203 were nonfailed companies. The descriptive statistics of the variables are shown in Table 1 along with variable descriptions. We chose 203 nonfailed companies data that cover ...
The financial turbulences of the recent years have spurred economic
... by the Basel Committee on Banking Supervision which has received less attention from the international media, but which is very relevant for monetary policy, i.e. liquidity standards.2 The implementation of those standards will cause banks to change their investment behaviour and may change the stru ...
... by the Basel Committee on Banking Supervision which has received less attention from the international media, but which is very relevant for monetary policy, i.e. liquidity standards.2 The implementation of those standards will cause banks to change their investment behaviour and may change the stru ...
How to Value Bonds
... False – investors demand higher expected rates of return on stocks with more non-diversifiable risk (market risk). b) The CAPM predicts that a security with a beta of 0 will offer zero expected return. False – a security with a beta of zero will offer the risk-free rate of return (see SML). c) An in ...
... False – investors demand higher expected rates of return on stocks with more non-diversifiable risk (market risk). b) The CAPM predicts that a security with a beta of 0 will offer zero expected return. False – a security with a beta of zero will offer the risk-free rate of return (see SML). c) An in ...
A new approach to assessing risks to financial stability
... and in strengthening crisis management planning. But there are formidable challenges in evaluating such threats. By their nature, system-wide disturbances tend to be low probability events. And structural developments, including innovation in financial products and risk management practices, changes ...
... and in strengthening crisis management planning. But there are formidable challenges in evaluating such threats. By their nature, system-wide disturbances tend to be low probability events. And structural developments, including innovation in financial products and risk management practices, changes ...
Selecting sources of finance for business
... company may not be able to meet interest and principal payments and liquidation may follow. The level of a company’s borrowings is usually measured by the capital gearing ratio (the ratio of debt finance to equity finance) and companies must ensure this does not become too high. Comparisons with oth ...
... company may not be able to meet interest and principal payments and liquidation may follow. The level of a company’s borrowings is usually measured by the capital gearing ratio (the ratio of debt finance to equity finance) and companies must ensure this does not become too high. Comparisons with oth ...
On the Compatibility of Value at Risk, Other Risk Concepts, and
... International Settlements (BIS) limit banks’ risk taking via a bound on the risk/equity ratio. Risk may either be calculated by in-house models or by certain standard methods. For making investment decisions, however, banks may have another notion of risk. If the notion of risk contained in the regu ...
... International Settlements (BIS) limit banks’ risk taking via a bound on the risk/equity ratio. Risk may either be calculated by in-house models or by certain standard methods. For making investment decisions, however, banks may have another notion of risk. If the notion of risk contained in the regu ...
Measuring the Risk of Large Losses
... Risk management is an important component of the investment process. It requires quantitative measures of risk that provide a metric for the comparison of financial positions. In this expository note we give an overview of risk measures. In particular, we contrast different risk measures with respec ...
... Risk management is an important component of the investment process. It requires quantitative measures of risk that provide a metric for the comparison of financial positions. In this expository note we give an overview of risk measures. In particular, we contrast different risk measures with respec ...