Measuring financial conditions in major non
... capacity of households while share prices further influence the financing options of firms. While one would expect a relation between the policy rate and asset prices, the impact of monetary policy hence also depends on the impact of idiosyncratic movements in asset prices. Not considering the latte ...
... capacity of households while share prices further influence the financing options of firms. While one would expect a relation between the policy rate and asset prices, the impact of monetary policy hence also depends on the impact of idiosyncratic movements in asset prices. Not considering the latte ...
Why Hedge Funds? - CFA Institute Publications
... emeritus professor of finance at New York University Stern School, and consultant at Paulo Financial Advisors LLC. ...
... emeritus professor of finance at New York University Stern School, and consultant at Paulo Financial Advisors LLC. ...
Possible Appendix/Side panel/Sidebar/Footnote(s) re: references
... illustrates well the nature of users’ need to understand the degree of variability that expected values calculated to measure the obligations an insurer has towards its policyholders may have. Indeed, the financial reporting practices applied to insurance contracts to date have become more and more ...
... illustrates well the nature of users’ need to understand the degree of variability that expected values calculated to measure the obligations an insurer has towards its policyholders may have. Indeed, the financial reporting practices applied to insurance contracts to date have become more and more ...
TIPS: Opportunities for Active Management
... When seeking to hedge against rising inflation, there are a number of investment options in the marketplace. Treasury Inflation-Protected Securities (TIPS) are the most direct inflation hedge, as TIPS’ principal is linked to the CPI-U (Consumer Price Index for All Urban Consumers). Other traditional ...
... When seeking to hedge against rising inflation, there are a number of investment options in the marketplace. Treasury Inflation-Protected Securities (TIPS) are the most direct inflation hedge, as TIPS’ principal is linked to the CPI-U (Consumer Price Index for All Urban Consumers). Other traditional ...
banco safra sa - Safra Net Banking
... labor “productivity” and simultaneously reducing the friction that fuels inflationary pressures. On the other hand, when there are mismatches between the needs of the economy and the supply of skilled labor it is extremely costly to correct for these mismatches by reducing aggregate demand via monet ...
... labor “productivity” and simultaneously reducing the friction that fuels inflationary pressures. On the other hand, when there are mismatches between the needs of the economy and the supply of skilled labor it is extremely costly to correct for these mismatches by reducing aggregate demand via monet ...
Discussion Document 92 (v 8) Assessment of Group Solvency
... legal environment, which assigns on what level the capital requirement is assessed, and the structure of the group. ...
... legal environment, which assigns on what level the capital requirement is assessed, and the structure of the group. ...
Working Paper No. 510 Institutional investor
... the same time, allowing for the influence of other factors that may have been influenced by QE (eg domestic financial conditions), may lead to underestimating the potential effects of the policy. We therefore follow Pesaran and Smith (2012) in allowing only for factors that influence portfolio alloc ...
... the same time, allowing for the influence of other factors that may have been influenced by QE (eg domestic financial conditions), may lead to underestimating the potential effects of the policy. We therefore follow Pesaran and Smith (2012) in allowing only for factors that influence portfolio alloc ...
Normative Modelling of Retirement Decisions: An
... Ignoring the existing dependency structure between mortality rates and macroeconomic changes leads the insurer to systematically underestimate true insolvency probabilities ...
... Ignoring the existing dependency structure between mortality rates and macroeconomic changes leads the insurer to systematically underestimate true insolvency probabilities ...
1 Too Low for Too Long Interest Rates, Bank Risk Taking and Bank
... associated with cheap liquidity increase the optimism of bankers translated into lax lending practices and into lower premium risk rates. Furthermore, falling interest rates might generate incentives to invest into risky activities according to two scenarios: first, in an environment of low rates, t ...
... associated with cheap liquidity increase the optimism of bankers translated into lax lending practices and into lower premium risk rates. Furthermore, falling interest rates might generate incentives to invest into risky activities according to two scenarios: first, in an environment of low rates, t ...
Paper Title (use style: paper title)
... Commodity derivatives trading allow a person to use a small sum of money for the potential to earn substantial profits. This sort of investment, however, is considered high risk. When prices are not in an investor’s favor, he can suffer substantial losses. Commodities that are open to this type of i ...
... Commodity derivatives trading allow a person to use a small sum of money for the potential to earn substantial profits. This sort of investment, however, is considered high risk. When prices are not in an investor’s favor, he can suffer substantial losses. Commodities that are open to this type of i ...
Draft ITS on the approval to establish special purpose vehicles
... the types of tiers of the financing mechanism, specifying the tranches or tiers, including information on external ratings received or internal ratings used for issued debt instruments and which, if any, credit rating agencies were used; ...
... the types of tiers of the financing mechanism, specifying the tranches or tiers, including information on external ratings received or internal ratings used for issued debt instruments and which, if any, credit rating agencies were used; ...
Report of the Commission of Experts of the President of the United
... and needs to be fixed has become a subject of enormous controversy. In the view adopted by the Commission, and broadly endorsed in the UN Outcome, the crisis we confront is systemic in the deepest sense and has many facets. On this view, the financial crisis that erupted in the United States in Sept ...
... and needs to be fixed has become a subject of enormous controversy. In the view adopted by the Commission, and broadly endorsed in the UN Outcome, the crisis we confront is systemic in the deepest sense and has many facets. On this view, the financial crisis that erupted in the United States in Sept ...
Local Risk, Local Factors, and Asset Prices
... factors contribute to low labor mobility, especially at a higher (business cycle) frequency. Moretti (2011) argues that, in the short run, frictions in labor mobility and in the housing supply constrain the ability of workers and housing stock to fully adjust to shocks. Frictions in land and housing ...
... factors contribute to low labor mobility, especially at a higher (business cycle) frequency. Moretti (2011) argues that, in the short run, frictions in labor mobility and in the housing supply constrain the ability of workers and housing stock to fully adjust to shocks. Frictions in land and housing ...
Obstacles, Risks, Difficulties and Constrains
... arrangements, varied information sets and personal factors, not only by public policy goals; ...
... arrangements, varied information sets and personal factors, not only by public policy goals; ...
excessive leverage and bankers` pay
... Under modern finance theory, a debt-financed corporation is as robust as an equityfinanced one. 2 In addition, debt has traditionally been viewed as an effective corporate governance tool.3 However, these old maxims rarely if ever apply to banks, at least in the absence of strong regulatory constrai ...
... Under modern finance theory, a debt-financed corporation is as robust as an equityfinanced one. 2 In addition, debt has traditionally been viewed as an effective corporate governance tool.3 However, these old maxims rarely if ever apply to banks, at least in the absence of strong regulatory constrai ...
improving the process of change in australian financial sector
... performance of the financial system and the entities within that system in the interests of commercial certainty, reducing business costs, and the efficiency and development of the economy’ and to ‘promote the confident and informed participation of investors and consumers in the financial system’. ...
... performance of the financial system and the entities within that system in the interests of commercial certainty, reducing business costs, and the efficiency and development of the economy’ and to ‘promote the confident and informed participation of investors and consumers in the financial system’. ...
NBER WORKING PAPER SERIES INTERNATIONAL RESERVES AND ROLLOVER RISK Javier Bianchi
... Related Literature. We build on the quantitative sovereign default literature that follows Aguiar and Gopinath (2006) and Arellano (2008). They show that predictions of the sovereign default model are consistent with several features of emerging markets, including countercyclical spreads and procycl ...
... Related Literature. We build on the quantitative sovereign default literature that follows Aguiar and Gopinath (2006) and Arellano (2008). They show that predictions of the sovereign default model are consistent with several features of emerging markets, including countercyclical spreads and procycl ...
IAS33 suggestions
... understanding of users who do not have English as mother tongue. Besides, on 11A, I included the note you put on exposure draft. The idea is to simplify the text, to facilitate the understanding of users who do not have English as mother tongue. (b) profit or loss attributable to the parent entity 2 ...
... understanding of users who do not have English as mother tongue. Besides, on 11A, I included the note you put on exposure draft. The idea is to simplify the text, to facilitate the understanding of users who do not have English as mother tongue. (b) profit or loss attributable to the parent entity 2 ...
