The inflation column
... nized inflation risk in their liabilities for longer than demand for swaps actually exceeded that for bonds.2 any conversation about inflation as a proper risk factor. At the same time, governments hold inflationlinked assets (primarily in the form of future tax revenues), and so a market in inflati ...
... nized inflation risk in their liabilities for longer than demand for swaps actually exceeded that for bonds.2 any conversation about inflation as a proper risk factor. At the same time, governments hold inflationlinked assets (primarily in the form of future tax revenues), and so a market in inflati ...
Heterogeneity and Portfolio Choice: Theory and
... important risk factors that may influence the composition of liquid asset holdings. Table 1 shows the breakdown of financial wealth from the 2001 SCF. For the average household, total financial wealth consists of liquid assets (15.8% stocks, 7.6% bonds, and 24.4% cash), housing (41.3%), other real e ...
... important risk factors that may influence the composition of liquid asset holdings. Table 1 shows the breakdown of financial wealth from the 2001 SCF. For the average household, total financial wealth consists of liquid assets (15.8% stocks, 7.6% bonds, and 24.4% cash), housing (41.3%), other real e ...
Economics` Approach to Financial Planning by Laurence J. Kotlikoff
... Theory of Interest -- provides the first unified economic treatment of consumption, saving, investing, and credit markets. The book, written 77 years ago, contains not only the first diagram of intertemporal consumption smoothing; it also provides a mathematically precise analysis of the problem. In ...
... Theory of Interest -- provides the first unified economic treatment of consumption, saving, investing, and credit markets. The book, written 77 years ago, contains not only the first diagram of intertemporal consumption smoothing; it also provides a mathematically precise analysis of the problem. In ...
3BUAdvising and Supervision (as main/co
... Journal of Development Economics, Journal of Money Credit and Banking, Applied Economics (3), Emerging Markets Review, Emerging Markets Finance and Trade , Journal of Economics and Business, Applied Financial Economics (2) Asian Journal of Finance and Accounting (2), Journal of Economics and Finance ...
... Journal of Development Economics, Journal of Money Credit and Banking, Applied Economics (3), Emerging Markets Review, Emerging Markets Finance and Trade , Journal of Economics and Business, Applied Financial Economics (2) Asian Journal of Finance and Accounting (2), Journal of Economics and Finance ...
Guidelines to Emerging Market Regulators
... Ideally, risk-based approach to supervision employs methods such as sensitivity analysis, stress testing and other risk monitoring techniques to identify the likelihood of an (negative) event and its impact on the system in the process of the risk assessment and risk management. In the light of the ...
... Ideally, risk-based approach to supervision employs methods such as sensitivity analysis, stress testing and other risk monitoring techniques to identify the likelihood of an (negative) event and its impact on the system in the process of the risk assessment and risk management. In the light of the ...
EGESIF_15_0012-00 Combination of support
... improve for the final recipient the conditions of access to the private capital co-invested at the level of the relevant financial instrument (i.e. they should not be used to improve conditions of the support already received from ESIF or from national public co-financing through the financial instr ...
... improve for the final recipient the conditions of access to the private capital co-invested at the level of the relevant financial instrument (i.e. they should not be used to improve conditions of the support already received from ESIF or from national public co-financing through the financial instr ...
Ethical Behaviour and Operating Performance of Insurance Broker
... plays a role of “market maker”, helping buyers to identify their coverage and risk management needs and matching buyers with appropriate insurers. In this case, although price is important, it is only one of several factors that clients consider when choosing which insurer(s) will provide their cove ...
... plays a role of “market maker”, helping buyers to identify their coverage and risk management needs and matching buyers with appropriate insurers. In this case, although price is important, it is only one of several factors that clients consider when choosing which insurer(s) will provide their cove ...
Annual Report 2015 Deutsche Bahn Finance B.V. Amsterdam
... primarily are denominated are EUR, CHF, GBP, NOK, JPY and USO. The Company hedges 100% of its estimated foreign currency exposure and manages its exchange exposure by means of back to back funding of the initiated loans in the respective currencies. Therefore, the Company has no currency exposure on ...
... primarily are denominated are EUR, CHF, GBP, NOK, JPY and USO. The Company hedges 100% of its estimated foreign currency exposure and manages its exchange exposure by means of back to back funding of the initiated loans in the respective currencies. Therefore, the Company has no currency exposure on ...
Ownership structure, risk and performance in the - Hal-SHS
... decreases and ownership becomes more dispersed. The argument may weaken if the dispersed ownership went along with the public trading of the firm’s securities. As pointed out by Fama (1980), the signals provided by an efficient capital market about the value of a firm’s securities are likely to disc ...
... decreases and ownership becomes more dispersed. The argument may weaken if the dispersed ownership went along with the public trading of the firm’s securities. As pointed out by Fama (1980), the signals provided by an efficient capital market about the value of a firm’s securities are likely to disc ...
Credit Derivatives, Leverage, and Financial
... regulatory design. First, regulations that address financial institution leverage offer central bankers new tools to dampen inflation in asset markets and to fight potential asset price bubbles.19 Second, even if these regulations are not used primarily as monetary or macroeconomic levers, changes i ...
... regulatory design. First, regulations that address financial institution leverage offer central bankers new tools to dampen inflation in asset markets and to fight potential asset price bubbles.19 Second, even if these regulations are not used primarily as monetary or macroeconomic levers, changes i ...
NBER WORKING PAPER SERIES THE VALUATION OF LONG-DATED ASSETS Ian Martin
... rests on rather special assumptions about functional forms—notably on the properties of utility functions near zero and on the distribution of “consumption” (to be understood broadly) in the left tail. The present paper attempts to place the Weitzman argument on a more general footing, based on very ...
... rests on rather special assumptions about functional forms—notably on the properties of utility functions near zero and on the distribution of “consumption” (to be understood broadly) in the left tail. The present paper attempts to place the Weitzman argument on a more general footing, based on very ...
Futures Contracts
... $210, you can allow the options to expire, which limits your loss to the price of the options. • If Apple’s stock is selling for $200 per share and you are convinced it will decline in price, you could engage in a short sale. With a short sale, you borrow the stock from your broker and sell it now, ...
... $210, you can allow the options to expire, which limits your loss to the price of the options. • If Apple’s stock is selling for $200 per share and you are convinced it will decline in price, you could engage in a short sale. With a short sale, you borrow the stock from your broker and sell it now, ...
Money, Banking, and the Financial System
... $210, you can allow the options to expire, which limits your loss to the price of the options. • If Apple’s stock is selling for $200 per share and you are convinced it will decline in price, you could engage in a short sale. With a short sale, you borrow the stock from your broker and sell it now, ...
... $210, you can allow the options to expire, which limits your loss to the price of the options. • If Apple’s stock is selling for $200 per share and you are convinced it will decline in price, you could engage in a short sale. With a short sale, you borrow the stock from your broker and sell it now, ...
EDHEC Working Paper Comparing Regulatory Measures Stock Market Volatility
... With complete financial markets, instead of solving for the dynamic problem of each investor, one can identify the equilibrium by solving the static problem of allocating consumption across investors at each date and state. Real decisions are made by an easily defined "representative investor". Howe ...
... With complete financial markets, instead of solving for the dynamic problem of each investor, one can identify the equilibrium by solving the static problem of allocating consumption across investors at each date and state. Real decisions are made by an easily defined "representative investor". Howe ...
1 Foreign Market Entry Strategies
... Food companies are generally divided between those engaged in the early or middle stages of making a processed food product and those in the later stages. Companies involved in the early to middle stages are also known as agribusiness companies. Some agribusiness companies - Archer Daniels Midland C ...
... Food companies are generally divided between those engaged in the early or middle stages of making a processed food product and those in the later stages. Companies involved in the early to middle stages are also known as agribusiness companies. Some agribusiness companies - Archer Daniels Midland C ...