In the following paper, I will explore one vector of the financialization
... inertia necessary to contain the excesses wrought by liberalized and globalized capital markets. Section 2: The investor dynamics fueling the US equity bubble Asset markets, conventional theory holds, allow investors to identify and fund those investment projects with the highest risk adjusted retu ...
... inertia necessary to contain the excesses wrought by liberalized and globalized capital markets. Section 2: The investor dynamics fueling the US equity bubble Asset markets, conventional theory holds, allow investors to identify and fund those investment projects with the highest risk adjusted retu ...
NBER WORKING PAPER SERIES ON THE HIDDEN LINKS BETWEEN Joshua Aizenman
... integration has been rocky, frequently associated with financial crises. These developments have led to a spirited debate concerning the wisdom of unrestricted capital mobility between OECD and emerging market countries. Various studies have identified circumstances in which unlimited capital mobili ...
... integration has been rocky, frequently associated with financial crises. These developments have led to a spirited debate concerning the wisdom of unrestricted capital mobility between OECD and emerging market countries. Various studies have identified circumstances in which unlimited capital mobili ...
annual report - Beige Capital
... As Director of Finance (between 2001 – 2008) for OICI-GH – a US based NGO; Mike had responsibility for providing financial planning, management, capacity building and technical advice on multiple community development programs in Ghana and across West Africa. Prior to this, he trained as a Finance a ...
... As Director of Finance (between 2001 – 2008) for OICI-GH – a US based NGO; Mike had responsibility for providing financial planning, management, capacity building and technical advice on multiple community development programs in Ghana and across West Africa. Prior to this, he trained as a Finance a ...
Zvi NBER WORKING PAPER SERIES
... Research Conference on the Changing Roles of Debt and Equity in Financing U.S. Capital Formation, April 2—3, 1981, Williamsburg, Virginia. The research reported here is part of the NBER's research program in Financial Markets and Monetary Economics, program in Pensions, and project on the Changing R ...
... Research Conference on the Changing Roles of Debt and Equity in Financing U.S. Capital Formation, April 2—3, 1981, Williamsburg, Virginia. The research reported here is part of the NBER's research program in Financial Markets and Monetary Economics, program in Pensions, and project on the Changing R ...
The SEI Strategic Portfolios We have prepared the following
... 3. Investment Manager Selection SEI seeks to identify managers that can deliver consistent results and differentiate manager “skill” from “luck”. The managers they select each specialise in a particular area of the market and focus on a specific investment style. SEI believes this enables them to of ...
... 3. Investment Manager Selection SEI seeks to identify managers that can deliver consistent results and differentiate manager “skill” from “luck”. The managers they select each specialise in a particular area of the market and focus on a specific investment style. SEI believes this enables them to of ...
Risk Aversion, Wealth, and Personality
... suggestions. Conlin thanks the North Ostrobothnia Regional Fund of the Finnish Cultural Foundation for generous support. All authors declare that they have no relevant or material financial interests that relate to the research described in this paper. ...
... suggestions. Conlin thanks the North Ostrobothnia Regional Fund of the Finnish Cultural Foundation for generous support. All authors declare that they have no relevant or material financial interests that relate to the research described in this paper. ...
Debt Management Strategy for India Government of India Ministry of
... 1. Public debt management plays an important role in macro-economic policy. It is a wellrecognised fact that countries need efficient and effective public debt management as public debt portfolio is the largest portfolio in the economy and its impact could be felt across generations. Establishing an ...
... 1. Public debt management plays an important role in macro-economic policy. It is a wellrecognised fact that countries need efficient and effective public debt management as public debt portfolio is the largest portfolio in the economy and its impact could be felt across generations. Establishing an ...
Public and Private Capital Markets are Not Substitutes
... theory are extant, such as valuation standards for appraising small business interests, capital raising constructs such as the use of the Small Business Administration's programs, and various articles and writings on transferring small businesses. At some point in the near future, institutions withi ...
... theory are extant, such as valuation standards for appraising small business interests, capital raising constructs such as the use of the Small Business Administration's programs, and various articles and writings on transferring small businesses. At some point in the near future, institutions withi ...
Communicating Asset Risk: How Name
... in judgments of the riskiness of hypothetical investment alternatives when participants were given historical return information either in tables or time-series histograms, but did not compare those to continuous probability density functions often used by financial institutions, and did not examine ...
... in judgments of the riskiness of hypothetical investment alternatives when participants were given historical return information either in tables or time-series histograms, but did not compare those to continuous probability density functions often used by financial institutions, and did not examine ...
The Bear Stearns Companies Inc.
... limited partnership to consolidate the limited partnership unless the presumption of control is overcome. The general partner may overcome this presumption of control and not consolidate the entity if the limited partners have: (a) the substantive ability to dissolve or liquidate the limited partner ...
... limited partnership to consolidate the limited partnership unless the presumption of control is overcome. The general partner may overcome this presumption of control and not consolidate the entity if the limited partners have: (a) the substantive ability to dissolve or liquidate the limited partner ...
A Pyrrhic Victory? – Bank Bailouts and Sovereign Credit Risk
... sector, keeping financial sector’s outcomes as deterministic. This introduces a possibility of default on government debt. We assume that there are some deadweight costs of such default, for example, due to international sanctions or from being unable to borrow in debt markets for some time. Then, t ...
... sector, keeping financial sector’s outcomes as deterministic. This introduces a possibility of default on government debt. We assume that there are some deadweight costs of such default, for example, due to international sanctions or from being unable to borrow in debt markets for some time. Then, t ...
AB - Global Value Portfolio
... position. Nationalization, expropriation or confiscatory taxation, currency blockage, political changes, government regulation, political or social instability or diplomatic developments could affect adversely the economy of a country or a portfolio's investments in such country. ...
... position. Nationalization, expropriation or confiscatory taxation, currency blockage, political changes, government regulation, political or social instability or diplomatic developments could affect adversely the economy of a country or a portfolio's investments in such country. ...
What are commercial mortgage-backed securities?
... any security or instrument or to participate in any trading strategy to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to market such an offer or solicitation. It does not form part of any prospectus. While great ...
... any security or instrument or to participate in any trading strategy to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to market such an offer or solicitation. It does not form part of any prospectus. While great ...
Bank capital and Risk-Taking: Old and New
... The existence of this new kind of risk-taking is consistent with several empirical findings. For example, Schuermann and Stiroh (2006) show that among S&P 500 firms, equity return correlation is much higher in the banking industry than in any other industry. This idea of collective risk-taking is well ...
... The existence of this new kind of risk-taking is consistent with several empirical findings. For example, Schuermann and Stiroh (2006) show that among S&P 500 firms, equity return correlation is much higher in the banking industry than in any other industry. This idea of collective risk-taking is well ...
This PDF is a selection from a published volume from... Economic Research
... includes most East Asian emerging market countries.3 This chapter takes a closer look at the effect of financial development on current account balances and the saving-investment determination. Financial development cannot be defined and measured simply (see Beck, Demirgüe-Kunt, and Levine 2001). Chi ...
... includes most East Asian emerging market countries.3 This chapter takes a closer look at the effect of financial development on current account balances and the saving-investment determination. Financial development cannot be defined and measured simply (see Beck, Demirgüe-Kunt, and Levine 2001). Chi ...
State and Local Government Accounting Principles
... Recognition Criteria – Revenues Earned during or levied for the period ...
... Recognition Criteria – Revenues Earned during or levied for the period ...
Can Financing Constraints Explain the Asset Pricing Puzzles in Production Economies? ∗
... ratio is based upon varying costs and benefits of issuing debt which are in large part unrelated to the phase of the business cycle. Since many of the factors that drive the target debt to equity ratio depend on non-state contingent characteristics, long term debt is assumed to be constant. Masulis ...
... ratio is based upon varying costs and benefits of issuing debt which are in large part unrelated to the phase of the business cycle. Since many of the factors that drive the target debt to equity ratio depend on non-state contingent characteristics, long term debt is assumed to be constant. Masulis ...
Entrepreneur - efreidoc.fr
... 1. Recognizes and seizes opportunities 2. Converts those opportunities into workable/marketable ideas 3. Adds value through time, effort, money, or skills 4. Assumes the risks of the competitive marketplace to implement these ideas. Copyright © A.B.Teoh ...
... 1. Recognizes and seizes opportunities 2. Converts those opportunities into workable/marketable ideas 3. Adds value through time, effort, money, or skills 4. Assumes the risks of the competitive marketplace to implement these ideas. Copyright © A.B.Teoh ...
Wall Street as Community of Fate: Toward Financial Industry Self
... the financial services industry. Amid widespread, and largely justified, skepticism toward banks’ and other financial institutions’ ability to act in a socially responsible or publicly minded manner, a call for allowing them to run their own affairs is counterintuitive, to say the least. This anti-i ...
... the financial services industry. Amid widespread, and largely justified, skepticism toward banks’ and other financial institutions’ ability to act in a socially responsible or publicly minded manner, a call for allowing them to run their own affairs is counterintuitive, to say the least. This anti-i ...
