What drives Inflation Expectations?
... Monitoring long-term inflation expectations is crucial for a central bank. Since there is a lag in the transmission of monetary policy, central banks need to monitor also inflation expectations, among other factors that are likely to have a persistent impact on inflation, when deciding the monetary ...
... Monitoring long-term inflation expectations is crucial for a central bank. Since there is a lag in the transmission of monetary policy, central banks need to monitor also inflation expectations, among other factors that are likely to have a persistent impact on inflation, when deciding the monetary ...
How Derivatives Changed the "Business of Banking"
... and enabling regulated financial institutions to take increasingly greater and more complex risks, which eventually threatened their very existence as a viable economic enterprise. Contrary to an implicit assumption underlying most conventional explanations, the financial innovation of recent decade ...
... and enabling regulated financial institutions to take increasingly greater and more complex risks, which eventually threatened their very existence as a viable economic enterprise. Contrary to an implicit assumption underlying most conventional explanations, the financial innovation of recent decade ...
International Reserves: Precautionary vs. Mercantilist Views, Theory
... This paper has two goals: (i) quantifying the relative importance of alternative views explaining international reserves accumulation, and (ii) modeling precautionary demand for international reserves, viewing it as self-insurance against costly output contractions induced by sudden stops and capita ...
... This paper has two goals: (i) quantifying the relative importance of alternative views explaining international reserves accumulation, and (ii) modeling precautionary demand for international reserves, viewing it as self-insurance against costly output contractions induced by sudden stops and capita ...
DIME COMMUNITY BANCSHARES INC
... with the SEC on February 6, 2015. The ESOP is administered by the Compensation Committee of the Company's Board of Directors (the "Compensation Committee"). The ESOP's assets are held in the ESOP Trust, for which Pentegra Trust Company (formerly RS Group Trust Company) serves as trustee (the "ESOP T ...
... with the SEC on February 6, 2015. The ESOP is administered by the Compensation Committee of the Company's Board of Directors (the "Compensation Committee"). The ESOP's assets are held in the ESOP Trust, for which Pentegra Trust Company (formerly RS Group Trust Company) serves as trustee (the "ESOP T ...
Banking Relationships and REIT Capital Structure - DataPro
... with banking relationships should have better access to the debt markets in general (Johnson 1998).7 On the other hand, Brown and Marble (2007) show that the asset substitution problem decreases with the proportion of the original debt that is secured, and thus firms with lower secured debt would ha ...
... with banking relationships should have better access to the debt markets in general (Johnson 1998).7 On the other hand, Brown and Marble (2007) show that the asset substitution problem decreases with the proportion of the original debt that is secured, and thus firms with lower secured debt would ha ...
What the Entry Load?
... They’re also securities of one type. You must be knowing about them already so just in brief– 1. If for your 100 rs, I give you a limited ownership in my company and promise to give you the share from my profit = this is share 2. But if I say that, I’ll give you 15 Rs. Every year no matter I get any ...
... They’re also securities of one type. You must be knowing about them already so just in brief– 1. If for your 100 rs, I give you a limited ownership in my company and promise to give you the share from my profit = this is share 2. But if I say that, I’ll give you 15 Rs. Every year no matter I get any ...
Towards a new framework for banking crisis management
... case, the new tools employed by governments and central banks as well as their possible drawbacks. The paper includes a comprehensive reconstruction of institutional frameworks as they were before and after the reforms that followed the financial crisis. In this context, a special focus is given to ...
... case, the new tools employed by governments and central banks as well as their possible drawbacks. The paper includes a comprehensive reconstruction of institutional frameworks as they were before and after the reforms that followed the financial crisis. In this context, a special focus is given to ...
Norges Bank. Annual Report 2006
... accountable to the Executive Board. For details, see the section “Internal control and risk management”. The Executive Board held 17 meetings in 2006 and dealt with 117 matters. In addition to ordinary Executive Board meetings, a number of seminars focusing on the Bank’s core activities were held. D ...
... accountable to the Executive Board. For details, see the section “Internal control and risk management”. The Executive Board held 17 meetings in 2006 and dealt with 117 matters. In addition to ordinary Executive Board meetings, a number of seminars focusing on the Bank’s core activities were held. D ...
(2005). “Deposit insurance and financial crises: Investigation
... facing the researcher analyzing this relationship. Data on risk-taking behavior as well as on coverage of implicit and explicit guarantees are needed. Behavior cannot be directly observed and the riskiness of banks’ portfolios is not easily measured by outside observers. Most researchers use indirec ...
... facing the researcher analyzing this relationship. Data on risk-taking behavior as well as on coverage of implicit and explicit guarantees are needed. Behavior cannot be directly observed and the riskiness of banks’ portfolios is not easily measured by outside observers. Most researchers use indirec ...
presentation
... These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of e ...
... These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of e ...
Swaps - dedeklegacy.cz
... assignment of a swap is the sale of the swap by one of the counterparties to a third party with an agreement of the other counterparty coupon swap is fixed-against-floating swap which involves the exchange of an interest stream based on a fixed interest rate for an interest stream based on a floatin ...
... assignment of a swap is the sale of the swap by one of the counterparties to a third party with an agreement of the other counterparty coupon swap is fixed-against-floating swap which involves the exchange of an interest stream based on a fixed interest rate for an interest stream based on a floatin ...
BASE PROSPECTUS Standard Chartered Bank
... The Notes have not been and will not be registered under the Securities Act or under the securities or “blue sky” laws of any state of the United States or any other U.S. jurisdiction. Each investor, by purchasing a Note (or a beneficial interest therein), agrees (or shall be deemed to have agreed) ...
... The Notes have not been and will not be registered under the Securities Act or under the securities or “blue sky” laws of any state of the United States or any other U.S. jurisdiction. Each investor, by purchasing a Note (or a beneficial interest therein), agrees (or shall be deemed to have agreed) ...
INSTITUTE OF ECONOMIC STUDIES Faculty of social sciences of
... a higher/lower quote means that the quoting dealer is willing to transact a swap in which he receives/pays the given spread over the yield on a benchmark security the benchmark interest rate is usually the yield on the most liquid government bond with remaining maturity closest to that of the swap 7 ...
... a higher/lower quote means that the quoting dealer is willing to transact a swap in which he receives/pays the given spread over the yield on a benchmark security the benchmark interest rate is usually the yield on the most liquid government bond with remaining maturity closest to that of the swap 7 ...
Credit Misallocation During the Financial Crisis
... is highly indebted and for which the returns on assets have been systematically below the cost of capital of the safest firms (we experiment with alternative definitions to assess robustness). As shown in figure 2, credit to zombie firms dropped faster than credit to healthier firms during the firs ...
... is highly indebted and for which the returns on assets have been systematically below the cost of capital of the safest firms (we experiment with alternative definitions to assess robustness). As shown in figure 2, credit to zombie firms dropped faster than credit to healthier firms during the firs ...
Economics of Money, Banking, and Financial Markets, 8e
... A) if asset Aʹs risk rises relative to that of alternative assets, the demand will increase for asset A. B) the more liquid is asset A, relative to alternative assets, the greater will be the demand for asset A. C) the lower the expected return to asset A relative to alternative assets, the greater ...
... A) if asset Aʹs risk rises relative to that of alternative assets, the demand will increase for asset A. B) the more liquid is asset A, relative to alternative assets, the greater will be the demand for asset A. C) the lower the expected return to asset A relative to alternative assets, the greater ...
Lending-of-last-resort is as lending-of-last
... information. They find that, following bank bailouts, sovereign risk materialized in the Eurozone starting mid-2011. Acharya and Steffen (2015) find evidence that European banks designed investment strategies from 2007 to 2012 based on the purchasing of peripheral bonds through short-term debt finan ...
... information. They find that, following bank bailouts, sovereign risk materialized in the Eurozone starting mid-2011. Acharya and Steffen (2015) find evidence that European banks designed investment strategies from 2007 to 2012 based on the purchasing of peripheral bonds through short-term debt finan ...
Securing Medicaid Federal Financial Participation for
... wishing to receive Medicaid FFP must work closely with the designated state agency to achieve this. While Medicaid must be managed by a “single state agency,” that entity is free to subcontract these administrative While not formally approved by CMS, this document was written with consultation by th ...
... wishing to receive Medicaid FFP must work closely with the designated state agency to achieve this. While Medicaid must be managed by a “single state agency,” that entity is free to subcontract these administrative While not formally approved by CMS, this document was written with consultation by th ...
Report by the Committee on Comprehensive Financial Services for
... IFMR Finance Foundation team - Ms. Deepti George, Mr. Rachit Khaitan, Mr. Dinesh Lodha, Mr. Vishnu Prasad, Dr. Santadarshan Sadhu, and Mr. Anand Sahasranaman who not only provided very useful research and technical support but also worked unstintingly to ensure that this report was completed in such ...
... IFMR Finance Foundation team - Ms. Deepti George, Mr. Rachit Khaitan, Mr. Dinesh Lodha, Mr. Vishnu Prasad, Dr. Santadarshan Sadhu, and Mr. Anand Sahasranaman who not only provided very useful research and technical support but also worked unstintingly to ensure that this report was completed in such ...
ANNUAL REPORT - Credit Libanais
... constantly revamp our retail banking services to satisfy the ever-evolving customer needs throughout all the phases of their life. In 2014, CL reaffirmed its leading role in supporting stability in the lives of Lebanese families, by extending various affordable housing loan schemes: in this context, ...
... constantly revamp our retail banking services to satisfy the ever-evolving customer needs throughout all the phases of their life. In 2014, CL reaffirmed its leading role in supporting stability in the lives of Lebanese families, by extending various affordable housing loan schemes: in this context, ...
Friend or foe? Crowdfunding versus credit when banks
... supply shocks to ventures, according to the health of their main external financier. To our knowledge, this article is the first to seek to identify the effect of bank stress on alternative forms of external finance directly. ...
... supply shocks to ventures, according to the health of their main external financier. To our knowledge, this article is the first to seek to identify the effect of bank stress on alternative forms of external finance directly. ...
Risky Banks and Macroprudential Policy for Emerging Economies Gabriel Cuadra Victoria Nuguer
... As a result of the financial crisis, the Federal Reserve and other central banks introduced a set of so-called “unconventional” monetary policies. In particular, the Fed started to intervene directly in the credit market, lending to non-financial institutions and reducing the restrictions to access ...
... As a result of the financial crisis, the Federal Reserve and other central banks introduced a set of so-called “unconventional” monetary policies. In particular, the Fed started to intervene directly in the credit market, lending to non-financial institutions and reducing the restrictions to access ...
The Term Structure of Money Market Spreads
... credit and liquidity factors with returns, highlighting the importance of time-varying risk premia in explaining LOIS spreads. This paper relates to recent empirical work that has decomposed the increase in spreads such as Taylor and Williams (2008), McAndrews et.al. (2008), and Schwarz (2009). The ...
... credit and liquidity factors with returns, highlighting the importance of time-varying risk premia in explaining LOIS spreads. This paper relates to recent empirical work that has decomposed the increase in spreads such as Taylor and Williams (2008), McAndrews et.al. (2008), and Schwarz (2009). The ...
re-prioritizing priority sector lending in india
... Product (GDP) to PSL ratio - primarily due to sector specific factors like dependence on monsoons and excessive fragmentation of land holdings. An analysis of available data shows that, after controlling for factors such as exchange rate, interest rate, area under cultivation, rainfall and number ...
... Product (GDP) to PSL ratio - primarily due to sector specific factors like dependence on monsoons and excessive fragmentation of land holdings. An analysis of available data shows that, after controlling for factors such as exchange rate, interest rate, area under cultivation, rainfall and number ...
History of the Federal Reserve System
This article is about the history of the United States Federal Reserve System from its creation to the present.