Foreign Direct Investment and Foreign Portfolio Investment
... Itay Goldstein, Assaf Razin, and Hui Tong February 2007 ...
... Itay Goldstein, Assaf Razin, and Hui Tong February 2007 ...
Trial Measures for Overseas Securities Investment by Qualified
... (1) For a fund management company: the net assets shall not be less than RMB200 million; the operation of the securities investment fund (the fund) management business shall exceed 2 years; and the assets management scale shall not be less than RMB20 billion or the assets of equal value in the end o ...
... (1) For a fund management company: the net assets shall not be less than RMB200 million; the operation of the securities investment fund (the fund) management business shall exceed 2 years; and the assets management scale shall not be less than RMB20 billion or the assets of equal value in the end o ...
CEE Banking
... The banking sector in Central and Eastern Europe (CEE) has displayed a remarkable development during the last 15 years of transition. Nevertheless, even in some of the most advanced countries, bank restructuring and the subsequent privatisation process was completed only recently or is still ongoing ...
... The banking sector in Central and Eastern Europe (CEE) has displayed a remarkable development during the last 15 years of transition. Nevertheless, even in some of the most advanced countries, bank restructuring and the subsequent privatisation process was completed only recently or is still ongoing ...
Small Business Lending Matrix and Analysis
... With access to $28.1 billion in lending, more than 70,500 unit transactions will be financed. These new and existing units will create or maintain more than 1 million jobs and generate $138 billion of annual economic output. The lending gap decline in 2014 will be the greatest since the recession as ...
... With access to $28.1 billion in lending, more than 70,500 unit transactions will be financed. These new and existing units will create or maintain more than 1 million jobs and generate $138 billion of annual economic output. The lending gap decline in 2014 will be the greatest since the recession as ...
TrustSM Target Date Collective Investment Funds
... (“Prospectus”) before the plan invests in the Collective Investment Funds. The Trust and Prospectus are available from Principal Trust or Principal Life by visiting us at principal.com. A copy of the Participation Agreement can be obtained from your plan administrator. The Trust, Participation Agree ...
... (“Prospectus”) before the plan invests in the Collective Investment Funds. The Trust and Prospectus are available from Principal Trust or Principal Life by visiting us at principal.com. A copy of the Participation Agreement can be obtained from your plan administrator. The Trust, Participation Agree ...
Ch. 7 - UConn Math
... It is true that stocks offer higher long-run rates of return than do bonds, but it is also true that stocks have a higher standard deviation of return. So, which investment is preferable depends on the amount of risk one is willing to tolerate. This is a complicated issue and depends on numerous fac ...
... It is true that stocks offer higher long-run rates of return than do bonds, but it is also true that stocks have a higher standard deviation of return. So, which investment is preferable depends on the amount of risk one is willing to tolerate. This is a complicated issue and depends on numerous fac ...
Liquidity Coverage Ratio
... which the net cash outflows arise. A banking institution should establish internal liquidity risk tolerance levels for foreign currency liabilities and take into account the risk that its ability to swap currencies (e.g. swap facilities with counterparties to obtain required foreign currencies) and ...
... which the net cash outflows arise. A banking institution should establish internal liquidity risk tolerance levels for foreign currency liabilities and take into account the risk that its ability to swap currencies (e.g. swap facilities with counterparties to obtain required foreign currencies) and ...
research paper series Research Paper 2006/19
... leveraged companies prior to the crisis – Korea, Thailand and Indonesia. Much of the corporate debt was foreign currency denominated therefore the reversal of capital inflows with the subsequent depreciation of the exchange rate had a sharp adverse effect on investment and output. Indebtedness of th ...
... leveraged companies prior to the crisis – Korea, Thailand and Indonesia. Much of the corporate debt was foreign currency denominated therefore the reversal of capital inflows with the subsequent depreciation of the exchange rate had a sharp adverse effect on investment and output. Indebtedness of th ...
Rethinking the central bank`s mandate 4
... “When a new nation state seeks to establish itself, the foundation of an independent central bank will be an early item on the agenda, slightly below the design of the flag, but above the establishment of a national airline.”1 This quote is from a conference volume published in connection with the B ...
... “When a new nation state seeks to establish itself, the foundation of an independent central bank will be an early item on the agenda, slightly below the design of the flag, but above the establishment of a national airline.”1 This quote is from a conference volume published in connection with the B ...
The Demand for International Reserves and Monetary
... highlighted a new empirical fact that weak fundamentals coupled with low stock of international reserves have a significant explanatory power for the occurrence of crises.5 However, there are some high degree of risks and costs involved in hoarding huge stocks of international reserves. For instance ...
... highlighted a new empirical fact that weak fundamentals coupled with low stock of international reserves have a significant explanatory power for the occurrence of crises.5 However, there are some high degree of risks and costs involved in hoarding huge stocks of international reserves. For instance ...
The Problem of Estimating the Volatility of Zero Coupon
... Pure Expectations Hypothesis according to which forward rates are unbiased estimates of future spot rates As far as forward rates depend of pairs of spot rates, the results of most of the test of this hypothesis1 will depend, in the end, on the variances and covariances among sets of spot rates with ...
... Pure Expectations Hypothesis according to which forward rates are unbiased estimates of future spot rates As far as forward rates depend of pairs of spot rates, the results of most of the test of this hypothesis1 will depend, in the end, on the variances and covariances among sets of spot rates with ...
An Evaluation of Money Market Fund Reform Proposals
... channeling funds to the global financial system, our analysis of reform proposals pertains to prime MMFs unless otherwise noted. We evaluate each of the reform alternatives proposed by the FSOC in light of these objectives. Our analysis suggests that robust subordinated capital buffers could be eff ...
... channeling funds to the global financial system, our analysis of reform proposals pertains to prime MMFs unless otherwise noted. We evaluate each of the reform alternatives proposed by the FSOC in light of these objectives. Our analysis suggests that robust subordinated capital buffers could be eff ...
Policy Prescription to the Regional Disparities in the Supply
... Some two years after the inception of the Scheme, the funds had raised ECU 36.2 million of new finances for equity investment. This figure excludes the capital subvention of approximately ECU 2.6 million made to regional funds by DGXVI. The small scale of this sum is put into context when it is reco ...
... Some two years after the inception of the Scheme, the funds had raised ECU 36.2 million of new finances for equity investment. This figure excludes the capital subvention of approximately ECU 2.6 million made to regional funds by DGXVI. The small scale of this sum is put into context when it is reco ...
THE CAPITAL ASSET PRICING MODEL`S RISK
... that the risk-free rate should match the period of the cash flows, the authors conclude: “for most capital projects and corporate acquisitions, the yield on the US government Treasury bond of ten or more years in maturity would be appropriate.” (p. 26) The yields on risk-free securities are related ...
... that the risk-free rate should match the period of the cash flows, the authors conclude: “for most capital projects and corporate acquisitions, the yield on the US government Treasury bond of ten or more years in maturity would be appropriate.” (p. 26) The yields on risk-free securities are related ...
Financial Stability Oversight Council: A Framework to Mitigate
... will be subject to prudential regulation by the Federal Reserve. Upon a determination of a threat to financial stability, a covered non-bank financial institution in danger of failing may under certain conditions be resolved by the Federal Deposit Insurance Corporation (FDIC), rather than through th ...
... will be subject to prudential regulation by the Federal Reserve. Upon a determination of a threat to financial stability, a covered non-bank financial institution in danger of failing may under certain conditions be resolved by the Federal Deposit Insurance Corporation (FDIC), rather than through th ...
2nd Con Doc on NBNI G
... As stated in the Introduction, the NBNI G-SIFI methodologies have been developed to extend the G-SIFI framework that currently covers banks and insurers to other financial institutions.9 Thus, NBNI G-SIFI methodologies include a high-level framework and an operational framework for identifying G-SIF ...
... As stated in the Introduction, the NBNI G-SIFI methodologies have been developed to extend the G-SIFI framework that currently covers banks and insurers to other financial institutions.9 Thus, NBNI G-SIFI methodologies include a high-level framework and an operational framework for identifying G-SIF ...
Building a Holistic Capital Management Framework
... Performance management allows businesses to decide which product or business lines to direct its resources to, so as to maximize profitability. ROE1 is a common way to measure the performance of a bank. However, ROE does not incorporate the risk element that the equity is exposed to, and hence it ca ...
... Performance management allows businesses to decide which product or business lines to direct its resources to, so as to maximize profitability. ROE1 is a common way to measure the performance of a bank. However, ROE does not incorporate the risk element that the equity is exposed to, and hence it ca ...
The future of the international monetary and financial
... Skipping blithely over about 70 years of post-Keynesian controversies over the goals and methods of monetary policy, I think it is fair to say that the world’s central banks were well on the way toward a consensus when the crisis struck in 2007-08. According to that developing consensus, monetary p ...
... Skipping blithely over about 70 years of post-Keynesian controversies over the goals and methods of monetary policy, I think it is fair to say that the world’s central banks were well on the way toward a consensus when the crisis struck in 2007-08. According to that developing consensus, monetary p ...
Chapter 15 Investment, Time, Capital Markets
... The effective yield is the interest rate that equates the present value of a bond’s payment stream with the bond’s market price. ...
... The effective yield is the interest rate that equates the present value of a bond’s payment stream with the bond’s market price. ...
On checking the Reuters screen, you see the following exchange
... currency. The purpose of the foreign exchange market is to permit transfers of purchasing power denominated in one currency to another—that is, to trade one currency for another currency. For example, a Japanese exporter sells automobiles to a U.S. dealer for dollars, and a U.S. manufacturer sells m ...
... currency. The purpose of the foreign exchange market is to permit transfers of purchasing power denominated in one currency to another—that is, to trade one currency for another currency. For example, a Japanese exporter sells automobiles to a U.S. dealer for dollars, and a U.S. manufacturer sells m ...
"Super Equivalent" Basel III Liquidity Coverage Ratio
... The proposed LCR would apply to all "internationally active banking organizations," Federal Reserveregulated U.S. holding companies that have $250 billion or more in total consolidated assets or $10 billion or more in total consolidated on-balance sheet foreign exposure, and to their consolidated su ...
... The proposed LCR would apply to all "internationally active banking organizations," Federal Reserveregulated U.S. holding companies that have $250 billion or more in total consolidated assets or $10 billion or more in total consolidated on-balance sheet foreign exposure, and to their consolidated su ...
2011 Annual Report (Opens in a new Window)
... offs for 2011 was $10.9 million, up $2.2 milbefore maturity), and limited interest rate risk. lion from the 2010 loan losses of $8.7 million. The investment portfolio has two primary The losses recognized were on larger loans, components: the first segment includes mortwhich contributed to the highe ...
... offs for 2011 was $10.9 million, up $2.2 milbefore maturity), and limited interest rate risk. lion from the 2010 loan losses of $8.7 million. The investment portfolio has two primary The losses recognized were on larger loans, components: the first segment includes mortwhich contributed to the highe ...
Materials
... budget process that will prepare us to migrate to the new model. Primary among those changes is early participation by deans and other unit heads in the underlying assumptions and decisions that drive budget development. DISCUSSION: The following budget planning assumptions begin this migration to g ...
... budget process that will prepare us to migrate to the new model. Primary among those changes is early participation by deans and other unit heads in the underlying assumptions and decisions that drive budget development. DISCUSSION: The following budget planning assumptions begin this migration to g ...
Lally - The dividend growth model
... expected growth rate in dividends per share for existing companies might initially be larger than the expected GDP growth rate and then converge on a rate lower than that for GDP, so that the resulting MRP estimate approximates that provided by them, is valid in principle but CEG do not supply any a ...
... expected growth rate in dividends per share for existing companies might initially be larger than the expected GDP growth rate and then converge on a rate lower than that for GDP, so that the resulting MRP estimate approximates that provided by them, is valid in principle but CEG do not supply any a ...
Discounting Pension Liabilities: Funding versus Value
... default-free rates. First, government bonds are not truly default-free. Although the risk of a U.S. government default is not high, it is also not zero, as is evidenced by the very existence of a market for credit default swaps on government bonds. Second, there are state income tax advantages to U. ...
... default-free rates. First, government bonds are not truly default-free. Although the risk of a U.S. government default is not high, it is also not zero, as is evidenced by the very existence of a market for credit default swaps on government bonds. Second, there are state income tax advantages to U. ...