Report of the High-level Expert Group on reforming the structure of
... furthermore held a public consultation of stakeholders, the responses to which are published together with this report. In evaluating the European banking sector, the Group has found that no particular business model fared particularly well, or particularly poorly, in the financial crisis. Rather, t ...
... furthermore held a public consultation of stakeholders, the responses to which are published together with this report. In evaluating the European banking sector, the Group has found that no particular business model fared particularly well, or particularly poorly, in the financial crisis. Rather, t ...
Not so Great Expectations: A Model of Growth and Informational Frictions
... To study the implications of learning in the presence of informational frictions for …nancial market trading and real activity, I integrate the classic information aggregation framework of Grossman and Stiglitz (1980) and Hellwig (1980) into a standard, general equilibrium macroeconomic model in con ...
... To study the implications of learning in the presence of informational frictions for …nancial market trading and real activity, I integrate the classic information aggregation framework of Grossman and Stiglitz (1980) and Hellwig (1980) into a standard, general equilibrium macroeconomic model in con ...
Infrastructure Compression and Public Sector Solvency in Latin
... The non- infrastructure primary surplus / GDP ratio is given by the difference between public revenues and non- interest spending exclusive of infrastructure items, with both expressed as ratios to GDP. In theory, the ‘automatic stabilizer’ view of fiscal policy suggests that revenue and spending ra ...
... The non- infrastructure primary surplus / GDP ratio is given by the difference between public revenues and non- interest spending exclusive of infrastructure items, with both expressed as ratios to GDP. In theory, the ‘automatic stabilizer’ view of fiscal policy suggests that revenue and spending ra ...
Volkovysk
... Tariffs for electricity and public utilities for entities in volkovysk district are specified according to the decision by Grodno Regional Executive Committee ‘On tariffs on public utilities by the organizations of the Ministry of housing and communal services of the Republic of Belarus for entities ...
... Tariffs for electricity and public utilities for entities in volkovysk district are specified according to the decision by Grodno Regional Executive Committee ‘On tariffs on public utilities by the organizations of the Ministry of housing and communal services of the Republic of Belarus for entities ...
MWRA Side Letter
... General Laws Chapter 32, §§ 23(2)(g)(ii) and (iii), no funds of the MWRA Employees’ Retirement System can be invested in any bank or financial institution which directly or through any subsidiary has outstanding loans to any individual corporation engaged in the manufacture, distribution or sale of ...
... General Laws Chapter 32, §§ 23(2)(g)(ii) and (iii), no funds of the MWRA Employees’ Retirement System can be invested in any bank or financial institution which directly or through any subsidiary has outstanding loans to any individual corporation engaged in the manufacture, distribution or sale of ...
Investment Opportunities in Sofia - Hellenic Business Council in
... Pending tender scheduled for March 2009 /BGN 5.2 million/ ...
... Pending tender scheduled for March 2009 /BGN 5.2 million/ ...
Barings Developed and Emerging Markets High Yield Bond
... The Fund will invest at least 70% of its assets in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“O ...
... The Fund will invest at least 70% of its assets in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“O ...
brazilian credit cooperatives and financial banks: a - FEA
... 5.1 Horizontal analysis Analysis based on the annualized percentage evolution, based on previous year, of the most significant patrimonial accounts for financial institutions. The period analyzed was from 1996 to 2005, and the accounts analyzed were credit operations, that represents a significant p ...
... 5.1 Horizontal analysis Analysis based on the annualized percentage evolution, based on previous year, of the most significant patrimonial accounts for financial institutions. The period analyzed was from 1996 to 2005, and the accounts analyzed were credit operations, that represents a significant p ...
CollegeAdvantage Renews 529 Contract with BlackRock, Reduces
... services for institutional and retail clients worldwide. At June 30, 2014, BlackRock’s AUM was $4.594 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled i ...
... services for institutional and retail clients worldwide. At June 30, 2014, BlackRock’s AUM was $4.594 trillion. BlackRock helps clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled i ...
the dollar amount of a firm`s investment
... • then .01F is required. • Implication: the amount of the extra cash dividend is exactly offset by the amount Jones needs to spend to maintain his 1% ownership in Firm A. ...
... • then .01F is required. • Implication: the amount of the extra cash dividend is exactly offset by the amount Jones needs to spend to maintain his 1% ownership in Firm A. ...
IDRT
... We understand plan sponsors of participant directed defined contribution plans subject to ERISA are required to provide at least 30 days but not more than 90 days’ notice to participants when adding or closing an investment option(s) under the plan, including share class/rate level changes. We have ...
... We understand plan sponsors of participant directed defined contribution plans subject to ERISA are required to provide at least 30 days but not more than 90 days’ notice to participants when adding or closing an investment option(s) under the plan, including share class/rate level changes. We have ...
From big to small: the relative size effect on corporate capital
... measures of industry q’s may be better suited to represent the investment opportunities of stand-alone firms than those of corporate divisions. Chevalier (2004) investigates the relative weight of these methodological issues by looking at the investment behavior of divisions in the years before they ...
... measures of industry q’s may be better suited to represent the investment opportunities of stand-alone firms than those of corporate divisions. Chevalier (2004) investigates the relative weight of these methodological issues by looking at the investment behavior of divisions in the years before they ...
PPT - Sygnity
... used in it are considered by Sygnity reliable and precise, however, there is no guarantee that the information is exhaustive and that it fully reflects the factual circumstances. The presentation may contain future statements which pose an investment risk or a source of uncertainties, and may consid ...
... used in it are considered by Sygnity reliable and precise, however, there is no guarantee that the information is exhaustive and that it fully reflects the factual circumstances. The presentation may contain future statements which pose an investment risk or a source of uncertainties, and may consid ...
Appetite for co-investment opportunities has never been greater
... a sidecar, a sponsor can secure deals despite the concentration limits of its primary fund and without the need for leverage. Sidecars also provide faster access to capital in excess of primary fund commitments because, as noted above, they avoid a traditional fund-raise. Finally, offering sidecar o ...
... a sidecar, a sponsor can secure deals despite the concentration limits of its primary fund and without the need for leverage. Sidecars also provide faster access to capital in excess of primary fund commitments because, as noted above, they avoid a traditional fund-raise. Finally, offering sidecar o ...
Conflicts of Interest in the Financial Services Industry
... valuations, the dramatic failures of the Enron Corporation and its auditing firm, Arthur Andersen, and serious manipulation and lack of transparency in the accounts of several large companies. Understandably, they distrust the practices by which firms provide information about companies and financia ...
... valuations, the dramatic failures of the Enron Corporation and its auditing firm, Arthur Andersen, and serious manipulation and lack of transparency in the accounts of several large companies. Understandably, they distrust the practices by which firms provide information about companies and financia ...
Report on the analysis of existing and potential investment
... currently account for only 20–25 per cent of global investments, their expected rapid economic growth means that they will require a large share of investment and financial flows. ...
... currently account for only 20–25 per cent of global investments, their expected rapid economic growth means that they will require a large share of investment and financial flows. ...
Implementing the Golden Rule for Public Investment in Europe
... contrast, the golden rule of public investment proposed in this study would be one important element of the necessary institutional reform. The rule is widely accepted in traditional public finance and would allow financing net public investment by government deficits thus promoting intergenerationa ...
... contrast, the golden rule of public investment proposed in this study would be one important element of the necessary institutional reform. The rule is widely accepted in traditional public finance and would allow financing net public investment by government deficits thus promoting intergenerationa ...
TF Vanguard Small-Cap Index Fund
... other than the Transamerica Stable Value investment choice(s), is subject to market risk. Principal value and investment return will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than the original investment. Current performance may be lower or higher than the per ...
... other than the Transamerica Stable Value investment choice(s), is subject to market risk. Principal value and investment return will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than the original investment. Current performance may be lower or higher than the per ...
Higher Returns Thanks to Cost Analysis
... transaction costs and holding costs (custody). While management costs constitute the largest cost share (see the article in KMU Magazine from October 29, 2015), transaction and holding costs offer much potential for savings as well. Complex Cost Factors Transaction costs are costs incurred through t ...
... transaction costs and holding costs (custody). While management costs constitute the largest cost share (see the article in KMU Magazine from October 29, 2015), transaction and holding costs offer much potential for savings as well. Complex Cost Factors Transaction costs are costs incurred through t ...
The Cost-Benefit of Regulation in South African Banking
... that requires substantial management effort and company resources to ensure compliance (Dreyer and Weinstock, 2006). The complexity and cost required to comply with these regulations raises questions as to why they are being introduced and what benefit they will achieve. ...
... that requires substantial management effort and company resources to ensure compliance (Dreyer and Weinstock, 2006). The complexity and cost required to comply with these regulations raises questions as to why they are being introduced and what benefit they will achieve. ...
Financial Intermediation and Capital Reallocation
... well the macroeconomic moments in the United States and produces a volatility of aggregate output of 3.6% from the capital reallocation channel. More importantly, it endogenously generates a countercyclical volatility in the time series of aggregate output and consumption, a countercyclical dispersi ...
... well the macroeconomic moments in the United States and produces a volatility of aggregate output of 3.6% from the capital reallocation channel. More importantly, it endogenously generates a countercyclical volatility in the time series of aggregate output and consumption, a countercyclical dispersi ...
Spotlight on catastrophe bonds
... For around 15 years, Insurance Linked Securities (ILS) have helped reinsurers manage their exposure to very large risks such as natural disasters. Over this time, ILS as an asset class has also proved to be very attractive to pension funds and other institutional investors. In this paper we discuss ...
... For around 15 years, Insurance Linked Securities (ILS) have helped reinsurers manage their exposure to very large risks such as natural disasters. Over this time, ILS as an asset class has also proved to be very attractive to pension funds and other institutional investors. In this paper we discuss ...
NBER WORKING PAPER SERIES COMPETING LIQUIDITIES: CORPORATE SECURITIES, REAL BONDS AND BUBBLES
... have hampered productive investment when the public debt rose sharply during the 1980s, or during the Internet bubble; interest rates1 and investment fell when the latter burst. This paper provides a new and richer view on how rational bubbles impact economic activity. It builds on the idea that bub ...
... have hampered productive investment when the public debt rose sharply during the 1980s, or during the Internet bubble; interest rates1 and investment fell when the latter burst. This paper provides a new and richer view on how rational bubbles impact economic activity. It builds on the idea that bub ...
The Return of the Home State and the Rise of `Embedded` Investor
... Introduction Prior to the advent of investor-State arbitration (ISA), the international enforcement of investment claims was an often contentious ‘ménage à trois’.1 The injured investor would seek diplomatic protection from its home State which would then enforce the espoused claim against the host ...
... Introduction Prior to the advent of investor-State arbitration (ISA), the international enforcement of investment claims was an often contentious ‘ménage à trois’.1 The injured investor would seek diplomatic protection from its home State which would then enforce the espoused claim against the host ...
(UNOFFICIAL TRANSLATION) Readers should be aware that only
... Notification of the Securities and Exchange Commission concerning exclusion of credit rating agency business from securities business in the category of securities investment advisory. Clause 2. In case credit rating agencies established under a foreign law under Clause 1(2) issue credit rating for ...
... Notification of the Securities and Exchange Commission concerning exclusion of credit rating agency business from securities business in the category of securities investment advisory. Clause 2. In case credit rating agencies established under a foreign law under Clause 1(2) issue credit rating for ...