Bank Capital - Federal Reserve Bank of Boston
... as regulators and financial institutions gain more experience with them. Thus any historical examination of capital erosion may not fully reflect the many changes that have occurred at financial institutions and in supervision and regulation in recent years. It is also worthwhile considering how the ...
... as regulators and financial institutions gain more experience with them. Thus any historical examination of capital erosion may not fully reflect the many changes that have occurred at financial institutions and in supervision and regulation in recent years. It is also worthwhile considering how the ...
Buyout Activity: The Impact of Aggregate Discount Rates
... by private, financial acquirers where the acquisition is made for “investment purposes”. We check the latter one-by-one to verify that the purchaser is a private equity firm. Announcement dates determine the timing of the transaction. We begin our analysis in the fourth quarter of 1982, the starting ...
... by private, financial acquirers where the acquisition is made for “investment purposes”. We check the latter one-by-one to verify that the purchaser is a private equity firm. Announcement dates determine the timing of the transaction. We begin our analysis in the fourth quarter of 1982, the starting ...
Five steps for European banks to shape up
... risk/return levels can banking businesses return compared to the past?’ This discussion is ongoing in the banking industry – not least because, thus far, banks are seeing very little return on their equity and are a long way from earning what equity-holders expect. It is our view however that the in ...
... risk/return levels can banking businesses return compared to the past?’ This discussion is ongoing in the banking industry – not least because, thus far, banks are seeing very little return on their equity and are a long way from earning what equity-holders expect. It is our view however that the in ...
Risk Aversion, Entrepreneurial Risk, and Portfolio Selection
... when private business equity is excluded from their entire portfolio, entrepreneurs are either more risk averse or exhibit no significant difference in their risk preference relative to other similar wealthy households. Their investment in other risky assets is either lower or similar to that of gen ...
... when private business equity is excluded from their entire portfolio, entrepreneurs are either more risk averse or exhibit no significant difference in their risk preference relative to other similar wealthy households. Their investment in other risky assets is either lower or similar to that of gen ...
federally-insured money market funds and narrow
... The principal argument made for insuring only term-mismatched bank deposits – i.e., denying government insurance to all other cash management vehicles – is that insurance is necessary to entice savers to commit their short-term assets to long-term ventures, which creates liquidity that promotes econ ...
... The principal argument made for insuring only term-mismatched bank deposits – i.e., denying government insurance to all other cash management vehicles – is that insurance is necessary to entice savers to commit their short-term assets to long-term ventures, which creates liquidity that promotes econ ...
Patterns of Household Financial Asset Ownership
... behavior in owning various financial assets. KEY WORDS: financial assets, individual investors, saving, Survey of Consumer Finance More and more consumers have more diversified household asset portfolios that include a variety of financial assets (Kennickell & Shack-Marquez, 1992). Consumers are tol ...
... behavior in owning various financial assets. KEY WORDS: financial assets, individual investors, saving, Survey of Consumer Finance More and more consumers have more diversified household asset portfolios that include a variety of financial assets (Kennickell & Shack-Marquez, 1992). Consumers are tol ...
Financial Services Act 2012: A New UK Financial Regulatory
... The Financial Services Act 2012 (the "Act"), which comes into force on 1 April 2013, contains the UK government's reforms of the UK financial services regulatory structure and will create a new regulatory framework for the supervision and management of the UK's banking and financial services industr ...
... The Financial Services Act 2012 (the "Act"), which comes into force on 1 April 2013, contains the UK government's reforms of the UK financial services regulatory structure and will create a new regulatory framework for the supervision and management of the UK's banking and financial services industr ...
PDF
... relationship is consistent with risk balancing behavior, as well as lenders encouraging farms with higher leverage to participate in FCI. However, lenders may consider several factors beyond leverage in making credit decisions. We find that farms with FCI participation have a higher default risk, us ...
... relationship is consistent with risk balancing behavior, as well as lenders encouraging farms with higher leverage to participate in FCI. However, lenders may consider several factors beyond leverage in making credit decisions. We find that farms with FCI participation have a higher default risk, us ...
Document
... • Is there a difference between the returns for alternative industries during specific time periods? • Will an industry that performs well in one period continue to perform well in the future? That is, can we use past relationships between the market and an individual industry to predict future tren ...
... • Is there a difference between the returns for alternative industries during specific time periods? • Will an industry that performs well in one period continue to perform well in the future? That is, can we use past relationships between the market and an individual industry to predict future tren ...
View/Open
... But the importance of promoting financial sector development (FSD) has not always been widely understood. As this paper shows, there is a great deal of evidence to suggest that FSD is important for growth and poverty reduction, and that without it development may be held back, even if other conditio ...
... But the importance of promoting financial sector development (FSD) has not always been widely understood. As this paper shows, there is a great deal of evidence to suggest that FSD is important for growth and poverty reduction, and that without it development may be held back, even if other conditio ...
An analysis of the relationship between international bond markets
... condition these expectations. To this end we use the vector autoregression (VAR) methodology to calculate multi-period expectations of the long rate (see Campbell and Shiller (1987)).(4) Having chosen this VAR methodology the next issue relates to the choice of conditioning variables. In undertaking ...
... condition these expectations. To this end we use the vector autoregression (VAR) methodology to calculate multi-period expectations of the long rate (see Campbell and Shiller (1987)).(4) Having chosen this VAR methodology the next issue relates to the choice of conditioning variables. In undertaking ...
Do Financial Frictions Explain Chinese Firms` Saving and
... domestic financial markets are important in explaining the joint dynamics of TFP and capital flows. When an economic reform eliminates financial distortions, the TFP of a small open economy rises due to the more efficient allocation of resources. At the same time, saving rates surge while investmen ...
... domestic financial markets are important in explaining the joint dynamics of TFP and capital flows. When an economic reform eliminates financial distortions, the TFP of a small open economy rises due to the more efficient allocation of resources. At the same time, saving rates surge while investmen ...
NBER WORKING PAPER SERIES Hanno Lustig Yi-Li Chien
... their holdings of the Lucas tree, but all of their current and prospective labor income is protected from creditors. Shares in the Lucas tree serve as collateral. Since the punishment in our model is weaker than in Alvarez and Jermann (2000), less risk sharing can be sustained. This improves the ass ...
... their holdings of the Lucas tree, but all of their current and prospective labor income is protected from creditors. Shares in the Lucas tree serve as collateral. Since the punishment in our model is weaker than in Alvarez and Jermann (2000), less risk sharing can be sustained. This improves the ass ...
Full PDF - International Journal of Management Science
... policyholders, while shareholders (who may or may not own policies) own proprietary insurance companies. In most countries, life and non-life insurers are subject to different regulatory regimes and different tax and accounting rules. In free encyclopedia, it was stated that the main reason for the ...
... policyholders, while shareholders (who may or may not own policies) own proprietary insurance companies. In most countries, life and non-life insurers are subject to different regulatory regimes and different tax and accounting rules. In free encyclopedia, it was stated that the main reason for the ...
Stakeholder Panel Full Report 2012
... “Isn’t TD doing this already? What’s the next step? I want something more dramatic and forward looking, and more concrete.” Canadian panellist Be transparent about the way we conduct our business. This priority was originally presented as part of Strengthen our Communities. For the panel, it was a r ...
... “Isn’t TD doing this already? What’s the next step? I want something more dramatic and forward looking, and more concrete.” Canadian panellist Be transparent about the way we conduct our business. This priority was originally presented as part of Strengthen our Communities. For the panel, it was a r ...