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The Optimal Rotation Period 01 Renewable Resources
The Optimal Rotation Period 01 Renewable Resources

... crative: Forestry management requires darity about how long a single tree should grow. This problem of the so-called "optimal rotation period" arises with all renewable resources, not only in tilling the soil, but also in animal farming such as pig fattening. 1 However, it is astounding that, for th ...
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... system by buying back those securities. The buying and selling of these securities by the central bank is called OMO. ...
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Monetary Policy and the Risk-Taking Channel
Monetary Policy and the Risk-Taking Channel

... Jiménez et al. (2008) use exhaustive loan-level data combined with bank and firm information from Spain’s Central Credit Register for the 1988–2008 period to examine whether monetary policy in the European Union led to the ­origination of riskier individual bank loans in Spain. They investigate the ...
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... An SSI-related child’s savings account of less than $500 is disregarded when determining Medicaid eligibility. The funds must be accumulated from gifts from non-legally responsible relatives and/or from the child's own earned income. Each SSI-related child is allowed one account; when the child has ...
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PFF EOC 2010 ppt with answers

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... Senior Interest  The proportion of the mortgage balance of the senior bond class to the total mortgage deal is referred to as senior interest (initial senior interest = $400m/$500m = .80). Subordinate Interest  The proportion of the mortgage balance of the subordinated bond classes to the total mo ...
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Eggertsson and Woodford (2003) - notes

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International Capital Flows and US Interest Rates

... • Do foreign purchases of US debt significantly affect US interest rates? – tighter short-term interest rates since 2003 have not led to much higher long-term interest rates • Estimate an IS/LM motivated empirical specification for US long-term interest rates (10-yr Treasuries) – foreign (official) ...
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Project Finance Overview

... by the sponsor before the loans are made to the SPV, being the project borrower, and the SPV is the entity that owns the project assets and signs the project contracts) because of the large debt liabilities and complex risk management associated with them 3. they involve some manner of revenuegenera ...
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Credit card interest

Credit card interest is the principal way in which credit card issuers generate revenue. A card issuer is a bank or credit union that gives a consumer (the cardholder) a card or account number that can be used with various payees to make payments and borrow money from the bank simultaneously. The bank pays the payee and then charges the cardholder interest over the time the money remains borrowed. Banks suffer losses when cardholders do not pay back the borrowed money as agreed. As a result, optimal calculation of interest based on any information they have about the cardholder's credit risk is key to a card issuer's profitability. Before determining what interest rate to offer, banks typically check national, and international (if applicable), credit bureau reports to identify the borrowing history of the card holder applicant with other banks and conduct detailed interviews and documentation of the applicant's finances.
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