Home bias and international risk sharing
... Considering income and consumption risk sharing together it seems that equity assets and FDI liabilities are conducive for risk sharing, but the empirical evidence for such a breakdown is not strong, in particular for consumption risk sharing. ...
... Considering income and consumption risk sharing together it seems that equity assets and FDI liabilities are conducive for risk sharing, but the empirical evidence for such a breakdown is not strong, in particular for consumption risk sharing. ...
Financial ratios applying to Heathrow (SP) Limited and Heathrow
... ▪ 31 December 2014, for a £35 million cash exceptional item primarily relating to the Terminal 2 operational readiness and restructure of corporate centre (9) The Group Regulatory Asset Ratio 90% covenant level applies in the Heathrow Finance plc financing until such time as the 2017 Notes, the 2019 ...
... ▪ 31 December 2014, for a £35 million cash exceptional item primarily relating to the Terminal 2 operational readiness and restructure of corporate centre (9) The Group Regulatory Asset Ratio 90% covenant level applies in the Heathrow Finance plc financing until such time as the 2017 Notes, the 2019 ...
2010 - About KLP
... regular reports of status and analyses of the investment portfolio’s fluctuation risk. The Board also regularly receives an independent status report in regard to current investment parameters. KLP Skadeforsikring AS has a large proportion of its business in sectors with personal injury claims for w ...
... regular reports of status and analyses of the investment portfolio’s fluctuation risk. The Board also regularly receives an independent status report in regard to current investment parameters. KLP Skadeforsikring AS has a large proportion of its business in sectors with personal injury claims for w ...
Introduction - World Bank Group
... originating side of transactions versus the need to work through networks of credit unions on the distributing side. By having broad networks on the distribution side, originating institutions can offer a convenient and consistent service in terms of price, exchange rates and service to senders. Ope ...
... originating side of transactions versus the need to work through networks of credit unions on the distributing side. By having broad networks on the distribution side, originating institutions can offer a convenient and consistent service in terms of price, exchange rates and service to senders. Ope ...
FINANCIAL RATIOS – REVEAL HOW A BUSINESS IS DOING?
... another, and are an important tool for management, permitting a space comparison to place the company in her environment. It is recommended that after financial ratios calculation to compare those ratios with a standard. Financial ratios analysis is used to find an answer of the following main quest ...
... another, and are an important tool for management, permitting a space comparison to place the company in her environment. It is recommended that after financial ratios calculation to compare those ratios with a standard. Financial ratios analysis is used to find an answer of the following main quest ...
Average Debt and Equity Returns: Puzzling?
... diversi ed if holding it involves little idiosyncratic risk. Here we are comparing average returns on diversi ed assets. For some of these assets, diversi cation costs are large. Another expense that is relevant to the household is taxes. Until recently, dividends were taxed much more heavily, on ...
... diversi ed if holding it involves little idiosyncratic risk. Here we are comparing average returns on diversi ed assets. For some of these assets, diversi cation costs are large. Another expense that is relevant to the household is taxes. Until recently, dividends were taxed much more heavily, on ...
Can the CFTC and SEC Work Together to Prevent Another Madoff?
... The mechanics of a Ponzi scheme are simple: a fraudster lures assets to an investment proposal with seemingly too-good-to-be-true terms, and then uses the contributions of new investors to pay returns to earlier investors.8 The investment proposal appears to be profitable, but the fraudster is actua ...
... The mechanics of a Ponzi scheme are simple: a fraudster lures assets to an investment proposal with seemingly too-good-to-be-true terms, and then uses the contributions of new investors to pay returns to earlier investors.8 The investment proposal appears to be profitable, but the fraudster is actua ...
Tanguy Dehapiot
... PRINCIPLE: “The simple act of borrowing money at prevailing interest rates is not an event that gives rise to a gain or a loss” CONCLUSION: “Any measurement that reports a loss from the simple act of borrowing at the market rate must be rejected” ...
... PRINCIPLE: “The simple act of borrowing money at prevailing interest rates is not an event that gives rise to a gain or a loss” CONCLUSION: “Any measurement that reports a loss from the simple act of borrowing at the market rate must be rejected” ...
FAQ Structured Investment
... The return to investors is dependent on the performance of the chosen asset class, such as equity indices, equities, interest rates, fixed-income instruments, foreign exchange rates, commodities or combinations of these. If the asset class performs in the way expected under the terms of the embedded ...
... The return to investors is dependent on the performance of the chosen asset class, such as equity indices, equities, interest rates, fixed-income instruments, foreign exchange rates, commodities or combinations of these. If the asset class performs in the way expected under the terms of the embedded ...
Stand alone income statement
... Our responsibility is to express an opinion on these stand alone financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonabl ...
... Our responsibility is to express an opinion on these stand alone financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonabl ...
POSITION - Eurofinas and 32 others offer comments to the
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
macroeconomic factors of non-performing loans in commercial banks
... However, in 2009–2011, the loan portfolio had a tendency to decrease. The most significant changes occurred in 2009 when the total loans decreased by 7.14% as compared with 2008. In 2012, the total loan portfolio was by 11.9% less than the highest value in 2008. The business loans portfolio in 2008 ...
... However, in 2009–2011, the loan portfolio had a tendency to decrease. The most significant changes occurred in 2009 when the total loans decreased by 7.14% as compared with 2008. In 2012, the total loan portfolio was by 11.9% less than the highest value in 2008. The business loans portfolio in 2008 ...
To view this press release as a Word document
... guidelines were issued, the goal of which was to increase the capital buffers and the group allowance for credit losses, in respect of the increased risk in the housing credit portfolio. In August 2013, limitations were placed on the variable interest rate share of a housing loan, and a prohibition ...
... guidelines were issued, the goal of which was to increase the capital buffers and the group allowance for credit losses, in respect of the increased risk in the housing credit portfolio. In August 2013, limitations were placed on the variable interest rate share of a housing loan, and a prohibition ...
Structural Models of Credit Risk are Useful: Evidence
... Ammer, 1993). We also find that debt returns are significantly related to returns on the underlying asset and that the pattern of sensitivities is broadly consistent with the level of credit exposure. In other words, this paper focusses attention on the second-moment predictions of the model. In str ...
... Ammer, 1993). We also find that debt returns are significantly related to returns on the underlying asset and that the pattern of sensitivities is broadly consistent with the level of credit exposure. In other words, this paper focusses attention on the second-moment predictions of the model. In str ...
Korean Real Estate Market Mechanisms and Deregulation of
... Mortgage Related Securities. In this process, mortgage derivatives (e.g., Collateralized bond Obligations, Collateralized Debt Obligations, Credit Default Swap, and etc.) derived from Mortgage Backed Securities are diversified and transformed into highly profitable, but also highly risky, financial ...
... Mortgage Related Securities. In this process, mortgage derivatives (e.g., Collateralized bond Obligations, Collateralized Debt Obligations, Credit Default Swap, and etc.) derived from Mortgage Backed Securities are diversified and transformed into highly profitable, but also highly risky, financial ...
history of the cash flow statement
... HISTORY OF THE CASH FLOW STATEMENT The balance sheet and income statement have been required statements for years, but the cash flow statement has been formally required in the United States only since 1988. However, cash flow statements, in some form or another, have a long history in the United St ...
... HISTORY OF THE CASH FLOW STATEMENT The balance sheet and income statement have been required statements for years, but the cash flow statement has been formally required in the United States only since 1988. However, cash flow statements, in some form or another, have a long history in the United St ...
Corporate bond issuance in Europe
... Recently, the corporate bond market in Europe has taken centre stage. The reasons for this heightened attention are certainly understandable: investors are pouring increasing amounts into non-financial corporate bonds, yields have come down, and issuance volumes have been rising. After reaching reco ...
... Recently, the corporate bond market in Europe has taken centre stage. The reasons for this heightened attention are certainly understandable: investors are pouring increasing amounts into non-financial corporate bonds, yields have come down, and issuance volumes have been rising. After reaching reco ...
Infrastructure - Debt and Equity Investments for UK Insurers
... (c) the expected cash-flows of the assigned portfolio of assets replicate each of the expected cash-flows of the portfolio of insurance or reinsurance obligations (h) the cash-flows of the assigned portfolio of assets are fixed and cannot be changed by the issuers of the assets or any third parties ...
... (c) the expected cash-flows of the assigned portfolio of assets replicate each of the expected cash-flows of the portfolio of insurance or reinsurance obligations (h) the cash-flows of the assigned portfolio of assets are fixed and cannot be changed by the issuers of the assets or any third parties ...
Hedging Inflation
... may begin to demand higher yields on new TIPS. And as with other bonds, those higher yields would depress the market prices of older bonds whose yields no longer look so attractive.8 U.S. Savings Bonds Series I (I Bonds) - have an annual interest rate that reflects the combined effects of a fixed ra ...
... may begin to demand higher yields on new TIPS. And as with other bonds, those higher yields would depress the market prices of older bonds whose yields no longer look so attractive.8 U.S. Savings Bonds Series I (I Bonds) - have an annual interest rate that reflects the combined effects of a fixed ra ...