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the report of the ecological society of america
the report of the ecological society of america

... the "deliverables" but rather on sustainability of ecosystem structures and processes necessary to deliver goods and services. Some might claim that, because we have been involved in management activities in ecosystems, "we have been doing ecosystem management all along." However, the mere fact that ...
Asymmetric Currency Exposure and Currency Risk Pricing
Asymmetric Currency Exposure and Currency Risk Pricing

Follow the money - Bretton Woods Project
Follow the money - Bretton Woods Project

... investments in FIs in terms of location, size and financial instrument; 2 Consider the development impact of investment in FIs, given that the IFC’s mandate is to reduce poverty; 3 Discuss ways forward for civil society given the increasing focus on the financial sector from a range of institution ...
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... made to understand their asset market implications (recent work includes Jermann, 1998; Tallarini, 2000; Lettau and Uhlig, 2000; Boldrin, Christiano and Fisher, 2001).1 One main advantage of using general equilibrium models to explain asset market phenomena is that the asset-pricing kernel is consis ...
Keynote 2
Keynote 2

... • Innovativeness and innovation have attracted extreme attention particularly in the last decades. Innovation is considered a major driver of growth for firms as well as countries. This is also valid in Turkey. • A large number of studies in innovation literature have been carried out in order to fi ...
Value-at-Risk (VaR)
Value-at-Risk (VaR)

... FRM-3 ...
call-for-input on the crowdfunding rules
call-for-input on the crowdfunding rules

... 3 Article 36H of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 – ‘operating an electronic system in relation to lending’. Facilitating loans between lenders and borrowers who are not individuals or certain types of non-corporate businesses and where the amount borrow ...
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S2000560_en.pdf

... risk and reward structures of delegated portfolio fund managers, and the growing appetite for liquid, transferable securities that can be easily sold may also be contributing to the increased volatility of capital flows to developing countries. One factor is the sheer massive scale of institutional ...
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The trend away from Defined Benefit has many causes

Contract Intensive Money - Munich Personal RePEc Archive
Contract Intensive Money - Munich Personal RePEc Archive

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Enhancing affordable rental housing investment via an intermediary

Geographic Dispersion and Stock Returns
Geographic Dispersion and Stock Returns

... intensity of relative wealth concerns. Only when agents strongly herd on their information acquisition choices does the model predict higher expected returns for local assets (as information does not aggregate via prices). VanNieuwerburgh and Veldkamp (2009) do not study unconditional expected retur ...
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NBER WORKING PAPER SERIES Hanno Lustig Yi-Li Chien

... of risk and interest rates are i.i.d. over time when aggregate consumption growth is i.i.d. over time. This version of the model does not contribute any dynamics endogenously. As a result, the standard deviation of stock returns is obviously much too small in this two-agent model, since there is no ...
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Crisis Management Survey - Mountain Plains Management
Crisis Management Survey - Mountain Plains Management

... invest time in preparing for the unexpected. However, a crisis can occur with little or no warning, anywhere, and at any time. Significant negative consequences can be sustained for managers who are not prepared for the inevitability of crises in their organizations. An organization’s ability to man ...
employment protection, investment, and firm growth
employment protection, investment, and firm growth

... projects with positive net present values (e.g., Bernanke, 1983; Pindyck, 1991; Bertola and Caballero, 1994; Abel and Eberly, 1996; Abel et al., 1996). Similar to Acharya et al. (2014), we exploit the quasi-natural experiment created by the staggered adoption of Wrongful Discharge Laws (WDLs) by U. ...
Three essays on risk management and financial stability
Three essays on risk management and financial stability

... Table 6: Operational risk and main factors .............................................................................. 40 Table 7: Operational risk peculiarities ..................................................................................... 41 Table 8: Business lines and event types accord ...
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Financial Intermediation Chains in a Search Market

... last a few decades makes it possible for investors to exploit many high frequency opportunities that used to be prohibitive. Numerous trading platforms were set up to compete with main exchanges; hedge funds and especially high-frequency traders directly compete with traditional market makers. The i ...
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Powerpoint

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Agenix Annual Report 2016 - CCP Technologies Limited
Agenix Annual Report 2016 - CCP Technologies Limited

Evidence from the stock market response to
Evidence from the stock market response to

... Another cited motivation for stock splits is the optimal price range hypothesis, or the liquidity hypothesis. According to the liquidity hypothesis, firms split stock in an effort to bring the stock price to a lower level that is attractive to new investors whose trading might improve the stock’s l ...
AEGON
AEGON

... AEGON changes accounting principles relating to guarantees in the Netherlands Starting with the second quarter of 2007, AEGON will change the accounting principles it uses to value guarantees on certain products in the Netherlands. This change will ensure AEGON’s financial statements better reflect ...
The Great Escape? A Quantitative Evaluation of the Fed`s Liquidity
The Great Escape? A Quantitative Evaluation of the Fed`s Liquidity

susceptibility of the salesperson`s role
susceptibility of the salesperson`s role

... The salesperson’s role set includes many diverse individuals. this increases the probability that at least some role demands will be incompatible. It also increases the probability that the salespersons’ perceptions of some demands will be inaccurate and that the rep will be uncertain about others. ...
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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds).The term asset management is often used to refer to the investment management of collective investments, while the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management often within the context of so-called ""private banking"".The provision of investment management services includes elements of financial statement analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments. Coming under the remit of financial services many of the world's largest companies are at least in part investment managers and employ millions of staff.Fund manager (or investment advisor in the United States) refers to both a firm that provides investment management services and an individual who directs fund management decisions.According to a Boston Consulting Group study, the assets managed professionally for fees reached an all-time high of US$62.4 trillion in 2012, after remaining flat-lined since 2007. Furthermore, these industry assets under management were expected to reach US$70.2 trillion at the end of 2013 as per a Cerulli Associates estimate.The global investment management industry is highly concentrated in nature, in a universe of about 70,000 funds roughly 99.7% of the US fund flows in 2012 went into just 185 funds. Additionally, a majority of fund managers report that more than 50% of their inflows go to just three funds.
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