特別研究員の研究成果(論文)に対する謝金の取扱
... ratio is expected to be a ρe fraction of the total risky investment. The expected depends ...
... ratio is expected to be a ρe fraction of the total risky investment. The expected depends ...
Basel III An analysis of the new global capital regulatory
... The capital requirements mentioned above are also supplemented by a non-risk based leverage ratio. In July, it was agreed to test a minimum Tier I ratio of 3%. Under the new rules, the same will be tested during the parallel run period between 2013 and 2016 and on the basis of the results, final adj ...
... The capital requirements mentioned above are also supplemented by a non-risk based leverage ratio. In July, it was agreed to test a minimum Tier I ratio of 3%. Under the new rules, the same will be tested during the parallel run period between 2013 and 2016 and on the basis of the results, final adj ...
Bank capital adequacy rules: rationale and consequences
... - Conclusion: Long-run effects are probably relatively modest, but transition costs could be significant. ...
... - Conclusion: Long-run effects are probably relatively modest, but transition costs could be significant. ...
Nordea`s strategic direction
... reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of various factors. Important factors that may cause such a difference for Nordea include, but a ...
... reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of various factors. Important factors that may cause such a difference for Nordea include, but a ...
Central Bank Sterilization Policy
... is able to engage in credit transactions with counterparties as a price setter, thereby setting the marginal price of the commercial banks’ liabilities (Ganley, 2002). In the instance that the banking system experiences a surplus, the central bank intervenes to withdraw reserves. It can do this by r ...
... is able to engage in credit transactions with counterparties as a price setter, thereby setting the marginal price of the commercial banks’ liabilities (Ganley, 2002). In the instance that the banking system experiences a surplus, the central bank intervenes to withdraw reserves. It can do this by r ...
Did moral hazard and adverse selection affect CMBS loan quality?
... The opinions expresses in this discussion are ours alone. They do not represent the opinions of the Board of Governors of the Federal Reserve System of its staff. ...
... The opinions expresses in this discussion are ours alone. They do not represent the opinions of the Board of Governors of the Federal Reserve System of its staff. ...
- the Other Canon
... activity; and the proprietary purchase and sale of financial assets to benefit from pricing differentials that occur at a point in time or over time.8 These two activity types are significant from a Schumpeterian perspective, since the form aims to increase total income and wealth, while the latter ...
... activity; and the proprietary purchase and sale of financial assets to benefit from pricing differentials that occur at a point in time or over time.8 These two activity types are significant from a Schumpeterian perspective, since the form aims to increase total income and wealth, while the latter ...
Financial Liberalization and Banking Crises in Emerging Economies∗
... flaws. This explanation, however, is static in nature. It applies to all liberalized banking sectors, whether recently liberalized or not; competition and moral hazard explain the American Savings and Loan crisis as well as they explain the banking crises in East Asia. We believe that the crises tha ...
... flaws. This explanation, however, is static in nature. It applies to all liberalized banking sectors, whether recently liberalized or not; competition and moral hazard explain the American Savings and Loan crisis as well as they explain the banking crises in East Asia. We believe that the crises tha ...
Asset Prices and Monetary Policy
... Should not risk management also be applied by looking forward and trying to mitigate, if not avoid, the risk of building up a bubble that sooner or later might burst? A forward-looking approach would call upon the central bank to lean against the wind.2 Such a strategy is far from simple, and there ...
... Should not risk management also be applied by looking forward and trying to mitigate, if not avoid, the risk of building up a bubble that sooner or later might burst? A forward-looking approach would call upon the central bank to lean against the wind.2 Such a strategy is far from simple, and there ...
AFMA Prime Bank Conventions - The Australian Financial Markets
... AFMA Prime Banks are a designated sub-set of the banks operating in Australia, whose short term securities trade as a homogeneous asset class and are recognised as being of the highest quality with regard to liquidity, credit and consistency of relative yield. This homogeneity promotes market liquid ...
... AFMA Prime Banks are a designated sub-set of the banks operating in Australia, whose short term securities trade as a homogeneous asset class and are recognised as being of the highest quality with regard to liquidity, credit and consistency of relative yield. This homogeneity promotes market liquid ...
Unconventional Choices for Unconventional Times
... to keeping policy rates low until the recovery firmly takes hold, with a view to guiding longterm interest rate expectations. Second, monetary authorities could provide broad liquidity to financial institutions to give them resources to on-lend to businesses and consumers. Third, central banks could ...
... to keeping policy rates low until the recovery firmly takes hold, with a view to guiding longterm interest rate expectations. Second, monetary authorities could provide broad liquidity to financial institutions to give them resources to on-lend to businesses and consumers. Third, central banks could ...
Avoiding some costs of inflation and crawling toward hyperinflation
... inflation tax - played a decisive role in explaining why Brazil has not undergone a serious anti-inflationary program for so long. In order to sustain this provision of the domestic currency substitute, the central bank had no other option but to follow a highly passive monetary policy. Given a very ...
... inflation tax - played a decisive role in explaining why Brazil has not undergone a serious anti-inflationary program for so long. In order to sustain this provision of the domestic currency substitute, the central bank had no other option but to follow a highly passive monetary policy. Given a very ...
ECON102 2015-16 Spring Final Answer Key
... b. buying cotton in the United States and selling it in Egypt, which would tend to raise the price of cotton in Egypt. c. buying cotton in Egypt and selling it in the United States, which would tend to raise the price of cotton in Egypt. d. buying cotton in Egypt and selling it in the United States, ...
... b. buying cotton in the United States and selling it in Egypt, which would tend to raise the price of cotton in Egypt. c. buying cotton in Egypt and selling it in the United States, which would tend to raise the price of cotton in Egypt. d. buying cotton in Egypt and selling it in the United States, ...
Document
... deposits Evaluation involves comparison of costs versus benefits of faster collection ...
... deposits Evaluation involves comparison of costs versus benefits of faster collection ...
Money and Banking in a `New Keynesian` Model
... supply is not exogenously determined by administrative decision of central banks and monetary ‘shocks’ do not take the form of a disequilibrium between supply and demand working their way out through real balance effects. In practice, central banks set a nominal rate of interest at which they are wi ...
... supply is not exogenously determined by administrative decision of central banks and monetary ‘shocks’ do not take the form of a disequilibrium between supply and demand working their way out through real balance effects. In practice, central banks set a nominal rate of interest at which they are wi ...
Chapter 4 - jackson.com.np
... • The money supply: quantity of money available in an economy. • Monetary policy: The control over the money supply (increasing or decreasing). • Central Bank: Institution that conduct monetary policy. • Open Market Operation: Primary way of controlling Money Supply To expand the money supply: Cent ...
... • The money supply: quantity of money available in an economy. • Monetary policy: The control over the money supply (increasing or decreasing). • Central Bank: Institution that conduct monetary policy. • Open Market Operation: Primary way of controlling Money Supply To expand the money supply: Cent ...
the relationships between firms and banks: choosing
... — the expected cost of the firm becoming locked-in that relationship. These aspects can be related to the firm characteristics. The value attributed to the exclusive relationship is above all linked to the incidence of information asymmetries: the greater the likelihood of information problems, the ...
... — the expected cost of the firm becoming locked-in that relationship. These aspects can be related to the firm characteristics. The value attributed to the exclusive relationship is above all linked to the incidence of information asymmetries: the greater the likelihood of information problems, the ...
decision on minimum standards for banks` activities on
... cash flows, types of business relations that customers maintain and to know their business contacts, their local and international market practices, common sources of debits and credits within their accounts, use of various currency, frequency and size, that is scope of transactions, etc. Banks are ...
... cash flows, types of business relations that customers maintain and to know their business contacts, their local and international market practices, common sources of debits and credits within their accounts, use of various currency, frequency and size, that is scope of transactions, etc. Banks are ...
Strategy 2017-2019 Norges Bank
... crime. The economy in our part of the world has long been characterised by moderate growth, low infla tion and low interest rates. This picture is not likely to change dramatically over the next few years. Manoeuvring in a landscape where the interest rate level is lower than ever before places hig ...
... crime. The economy in our part of the world has long been characterised by moderate growth, low infla tion and low interest rates. This picture is not likely to change dramatically over the next few years. Manoeuvring in a landscape where the interest rate level is lower than ever before places hig ...
The Tale of Two Great Crises
... degrees and timing, the new US policy. In particular, the newly created European Central Bank (ECB) waited almost two years before mimicking Fed actions: see right panel of Figure 1. The other significant monetary antecedent of the GFC was the creation of the European Monetary Union (Eurozone) in 19 ...
... degrees and timing, the new US policy. In particular, the newly created European Central Bank (ECB) waited almost two years before mimicking Fed actions: see right panel of Figure 1. The other significant monetary antecedent of the GFC was the creation of the European Monetary Union (Eurozone) in 19 ...