macroprudential regulation – the missing policy pillar
... financial markets, Underpricing of risk, risk concentration and lower capital adequacy for banks, Unsustainable macro policy Monetary, fiscal or regulatory tightening, asymmetric trade shock Failure of institution or market leading to failure of others via direct links or uncertainty in presence of ...
... financial markets, Underpricing of risk, risk concentration and lower capital adequacy for banks, Unsustainable macro policy Monetary, fiscal or regulatory tightening, asymmetric trade shock Failure of institution or market leading to failure of others via direct links or uncertainty in presence of ...
Tax Cuts, Rate Cuts Put the Economy Back on Track
... gradually as current retirees and those close to retirement die and today's younger employees reach their peak saving years. As the saving rate gradually rises, the extra saving will be absorbed by increased business investment and by an expansion of exports made possible by a decline in the relativ ...
... gradually as current retirees and those close to retirement die and today's younger employees reach their peak saving years. As the saving rate gradually rises, the extra saving will be absorbed by increased business investment and by an expansion of exports made possible by a decline in the relativ ...
National Industrial Recovery Act
... B. To generate new ideas and New Deal programs, Roosevelt put together a group of advisers in the fields of academia, business, agriculture, government, law, and social work. C. Roosevelt’s advisers were divided into three main groups. The first group supported the “New Nationalism” of Theodore Roos ...
... B. To generate new ideas and New Deal programs, Roosevelt put together a group of advisers in the fields of academia, business, agriculture, government, law, and social work. C. Roosevelt’s advisers were divided into three main groups. The first group supported the “New Nationalism” of Theodore Roos ...
Monthly Report on Banking and Financial System
... and appreciation of emerging market currencies. In particular the Mexican peso appreciated by 5.22% between 26 September and 27 October, making it the currency that has appreciated most among all emerging market currencies. On the Mexican stock market, which also showed a high degree of correlation ...
... and appreciation of emerging market currencies. In particular the Mexican peso appreciated by 5.22% between 26 September and 27 October, making it the currency that has appreciated most among all emerging market currencies. On the Mexican stock market, which also showed a high degree of correlation ...
Minutes of the SLRC meeting
... The Euro area market however was characterised by a shortage of collateral, with pricing dislocations observed across markets, particularly against German government bonds. Recently announced changes to the ECB lending facilities were welcomed by the market, although operational frictions associated ...
... The Euro area market however was characterised by a shortage of collateral, with pricing dislocations observed across markets, particularly against German government bonds. Recently announced changes to the ECB lending facilities were welcomed by the market, although operational frictions associated ...
Recent volatility in the markets has resulted in more fear and anxiety
... (closing values June 27, 2016) ...
... (closing values June 27, 2016) ...
A CASE White Paper
... the credit expense that flows through a bank’s income statement, have been elevated since 2008. From 2008 through 2010 banks generally were provisioning more than they were charging off. When a bank’s provision expense exceeds its net charge offs in a given period, it signals that the bank is buildi ...
... the credit expense that flows through a bank’s income statement, have been elevated since 2008. From 2008 through 2010 banks generally were provisioning more than they were charging off. When a bank’s provision expense exceeds its net charge offs in a given period, it signals that the bank is buildi ...
Where Does Money Come From?
... recognises that banks can lend out many times more than the amount of cash and reserves they hold at the Bank of England. This is a more accurate picture, but it is still incomplete and misleading. It implies a strong link between the amount of money that banks create and the amount that they hold a ...
... recognises that banks can lend out many times more than the amount of cash and reserves they hold at the Bank of England. This is a more accurate picture, but it is still incomplete and misleading. It implies a strong link between the amount of money that banks create and the amount that they hold a ...
Slide 1
... importance of fiscal policy in the current environment? “Our policy approach started with a major commitment to fiscal stimulus. Economists in recent years have become skeptical about discretionary fiscal policy and have regarded monetary policy as a better tool for short-term stabilization. Our jud ...
... importance of fiscal policy in the current environment? “Our policy approach started with a major commitment to fiscal stimulus. Economists in recent years have become skeptical about discretionary fiscal policy and have regarded monetary policy as a better tool for short-term stabilization. Our jud ...
PPT
... Short-term actions Better early warning in future Data needs Disclaimer: I may stray outside SNA proper, but balance sheets are key... ...
... Short-term actions Better early warning in future Data needs Disclaimer: I may stray outside SNA proper, but balance sheets are key... ...
Presentation - Viessmann European Research Centre
... the emergence of an international capital market in Switzerland lead to a re-valuation of asset prices ...
... the emergence of an international capital market in Switzerland lead to a re-valuation of asset prices ...
FLATIO
... Inflation is likely to continue to remain low globally. Easy monetary policy will continue to manage the problem for most countries. This will offer continued support for most asset classes, such as property that benefits from the low cost of investment. Government policies in China should see some ...
... Inflation is likely to continue to remain low globally. Easy monetary policy will continue to manage the problem for most countries. This will offer continued support for most asset classes, such as property that benefits from the low cost of investment. Government policies in China should see some ...
Economic Newsletter - OCBC Wing Hang Bank Limited
... Japanese equities had another strong month in March, as the strong momentum, particularly driven by public pension fund purchases, drove foreign inflows. Notwithstanding the strong domestic support, a pullback and some profit-taking in the short term cannot be discounted. Longer-term, we continue to ...
... Japanese equities had another strong month in March, as the strong momentum, particularly driven by public pension fund purchases, drove foreign inflows. Notwithstanding the strong domestic support, a pullback and some profit-taking in the short term cannot be discounted. Longer-term, we continue to ...
Iowa State University, Department of Economics
... During the three trading days before and the three days after the terror attacks, taxable bond funds - mostly high quality and government-backed bonds - took in $639 million in net inflows, according to AMG Data Services. Investors have been shying away from Q18 ___ yield, or junk, bonds because the ...
... During the three trading days before and the three days after the terror attacks, taxable bond funds - mostly high quality and government-backed bonds - took in $639 million in net inflows, according to AMG Data Services. Investors have been shying away from Q18 ___ yield, or junk, bonds because the ...
U.S. Monetary Policy Forum, February 29, 2008
... high loan-to-value (LTV) loans made in the past three years. From a policy perspective it is important to understand not only what would happen if the economy behaves as expected – which would currently be that we skirt a recession and housing prices show only modest declines – but also how signific ...
... high loan-to-value (LTV) loans made in the past three years. From a policy perspective it is important to understand not only what would happen if the economy behaves as expected – which would currently be that we skirt a recession and housing prices show only modest declines – but also how signific ...
Investment Outlook
... There is no assurance that the investment process will consistently lead to successful investing. In preparing this document, Janus has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. Fixed income securities a ...
... There is no assurance that the investment process will consistently lead to successful investing. In preparing this document, Janus has relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. Fixed income securities a ...
Low interest rates pressuring US bank margins
... US bank margins — With interest rates likely to remain at depressed levels for years to come in most developed banking markets, the focus is on the impact this may have on interest margins and banks’ net interest income. — Historical data for the US shows that with a flattening of the yield curve, m ...
... US bank margins — With interest rates likely to remain at depressed levels for years to come in most developed banking markets, the focus is on the impact this may have on interest margins and banks’ net interest income. — Historical data for the US shows that with a flattening of the yield curve, m ...
Week13-2
... • The interest rates were low in the period of 2003 to 2005 • They abruptly rose in 2006 and 2007 – This rise made many people unable to pay their mortgage payments ...
... • The interest rates were low in the period of 2003 to 2005 • They abruptly rose in 2006 and 2007 – This rise made many people unable to pay their mortgage payments ...
The Kiplinger Letter - April 15, 2016
... Keeping China from expanding its presence in the Western Hemisphere, the way the Soviets did in the early years of the Cold War. Many Cuban exports, which total $2.4 billion a year, go to China. The bill of fare includes valuable metals such as nonferrous nickel, copper and tungsten. U.S. firms that ...
... Keeping China from expanding its presence in the Western Hemisphere, the way the Soviets did in the early years of the Cold War. Many Cuban exports, which total $2.4 billion a year, go to China. The bill of fare includes valuable metals such as nonferrous nickel, copper and tungsten. U.S. firms that ...
a downloadable version
... Global equity returns were broadly positive for the second week in a row, with U.S. and foreign markets rallying on the Bank of Japan’s (BoJ’s) surprise move to lower the rate it pays on excess reserves into negative territory (-0.1%). The unexpected action marked the Japanese government’s latest at ...
... Global equity returns were broadly positive for the second week in a row, with U.S. and foreign markets rallying on the Bank of Japan’s (BoJ’s) surprise move to lower the rate it pays on excess reserves into negative territory (-0.1%). The unexpected action marked the Japanese government’s latest at ...
Simple Interest Name Homework Period ______ Find the interest
... 10) Which loan would cost a borrower less: $3000 at 6% for 4 years or $3000 at 7.5% for 3 years? How much interest would the borrower save by taking the cheaper loan? ...
... 10) Which loan would cost a borrower less: $3000 at 6% for 4 years or $3000 at 7.5% for 3 years? How much interest would the borrower save by taking the cheaper loan? ...
Proceedings of Eurasia Business Research Conference
... Determinants Equity Risk Premium: Evidence from KSE100 Index Muhammad Imran* and Muhammad Zakaria^ Stock market of any country plays a vital rule in discovering the economic growth progress. The industrial growth and its importance cannot be overlooked in economic growth. Companies need capital for ...
... Determinants Equity Risk Premium: Evidence from KSE100 Index Muhammad Imran* and Muhammad Zakaria^ Stock market of any country plays a vital rule in discovering the economic growth progress. The industrial growth and its importance cannot be overlooked in economic growth. Companies need capital for ...
Fractional Reserve Banking
... Required reserves must be held in the form of deposits with Federal Reserve Banks or vault cash. Nonmember institutions may maintain reserve balances with a Federal Reserve Bank indirectly, on a pass-through basis, with certain approved institutions. Under the Monetary Control Act of 1980, depositor ...
... Required reserves must be held in the form of deposits with Federal Reserve Banks or vault cash. Nonmember institutions may maintain reserve balances with a Federal Reserve Bank indirectly, on a pass-through basis, with certain approved institutions. Under the Monetary Control Act of 1980, depositor ...
patience abounds in wait-and-see game
... sidelines, playing the waitand-see game,” he said. Mr Le Brun said the materials sector had supported the local bourse as investors anticipated a generally good set of numbers from BHP. “That might be a driver (for today’s session) and also the CPI (inflation) figures,” Mr Le Brun said. US CPI figur ...
... sidelines, playing the waitand-see game,” he said. Mr Le Brun said the materials sector had supported the local bourse as investors anticipated a generally good set of numbers from BHP. “That might be a driver (for today’s session) and also the CPI (inflation) figures,” Mr Le Brun said. US CPI figur ...