EAST WEST BANCORP INC (Form: 10-Q, Received
... the Company’s ability to compete effectively against other financial institutions in its banking markets; changes in the commercial and consumer real estate markets; changes in the Company’s costs of operation, compliance and expansion; changes in the U.S. economy, including inflation, employment le ...
... the Company’s ability to compete effectively against other financial institutions in its banking markets; changes in the commercial and consumer real estate markets; changes in the Company’s costs of operation, compliance and expansion; changes in the U.S. economy, including inflation, employment le ...
What Else Can Central Banks Do? - Centre for Economic Policy
... ICMB and have been providing innovative analysis on important topical issues facing the global economy since 1999. This 18th report focuses on what central banks can do to stimulate economies when interest rates have reached zero. The authors argue that the negative interest rates and quantitative e ...
... ICMB and have been providing innovative analysis on important topical issues facing the global economy since 1999. This 18th report focuses on what central banks can do to stimulate economies when interest rates have reached zero. The authors argue that the negative interest rates and quantitative e ...
del06 zhang 2763869 en
... Things become complicated in the case of deregulating land-backed foreign borrowing. If deposit-backed foreign borrowing is highly regulated, the interest rate differential in the two countries is large. Deregulating land-backed foreign borrowing does no affect the interest rate differential but allow ...
... Things become complicated in the case of deregulating land-backed foreign borrowing. If deposit-backed foreign borrowing is highly regulated, the interest rate differential in the two countries is large. Deregulating land-backed foreign borrowing does no affect the interest rate differential but allow ...
Fiscal Rules and Discretion in a World Economy
... in light of our main result, is whether additional instruments can enhance welfare when governments’ present bias is large and thus the disciplining effect of the interest rate dominates the redistributive effect. While linear taxes have no effect in our setting, we show that using a coordinated fis ...
... in light of our main result, is whether additional instruments can enhance welfare when governments’ present bias is large and thus the disciplining effect of the interest rate dominates the redistributive effect. While linear taxes have no effect in our setting, we show that using a coordinated fis ...
Passthrough Efficiency in the Fed`s New Monetary Policy Setting
... frictions associated with imperfect competition, regulation, infrastructure, and other forms of institutional segmentation within money markets. Empirically, dispersion across money market interest rates is a primary indicator of the level of passthrough inefficiency. We present a new index of rate ...
... frictions associated with imperfect competition, regulation, infrastructure, and other forms of institutional segmentation within money markets. Empirically, dispersion across money market interest rates is a primary indicator of the level of passthrough inefficiency. We present a new index of rate ...
Reforming Major Interest Rate Benchmarks
... The major interest reference rates (such as LIBOR, EURIBOR, and TIBOR) are widely used in the global financial system as benchmarks for a large volume and broad range of financial products and contracts. The cases of attempted market manipulation and false reporting of global reference rates, togeth ...
... The major interest reference rates (such as LIBOR, EURIBOR, and TIBOR) are widely used in the global financial system as benchmarks for a large volume and broad range of financial products and contracts. The cases of attempted market manipulation and false reporting of global reference rates, togeth ...
Risk premiums in NIBOR and other countries` interbank lending rates
... quoting is based, is that they are indicative. In the three‐month segment of the unsecured interbank market, which is the most important point of reference, there are very few transactions, not only between Norwegian banks, but also internationally. This raises the question of whether these bench ...
... quoting is based, is that they are indicative. In the three‐month segment of the unsecured interbank market, which is the most important point of reference, there are very few transactions, not only between Norwegian banks, but also internationally. This raises the question of whether these bench ...
Risk and Valuation of Collateral Debt Obligations
... Moral hazard, in the context of CDOs, bears on the issuer’s or CDO manager’s incentives to select high-quality assets for the CDO, to engage in costly enforcement of covenants and other restrictions on the behavior of obligors. By securitizing and selling a significant portion of the cash flows of t ...
... Moral hazard, in the context of CDOs, bears on the issuer’s or CDO manager’s incentives to select high-quality assets for the CDO, to engage in costly enforcement of covenants and other restrictions on the behavior of obligors. By securitizing and selling a significant portion of the cash flows of t ...
words - Investor Relations Solutions
... including, in particular, statements relating to our business , operations, growth strategy and service development efforts. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements so long as such information is identified as forward-looki ...
... including, in particular, statements relating to our business , operations, growth strategy and service development efforts. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements so long as such information is identified as forward-looki ...
A Detailed Look into Peer to Peer Lending
... experience with traditional bank lending. The company was founded in 2007 and has been steadily growing1 due more publicity about peer to peer lending. Taking advantage of their time to market and providing lower rates, Lending Club has been able to originate about 16 billion dollars’ worth of loans ...
... experience with traditional bank lending. The company was founded in 2007 and has been steadily growing1 due more publicity about peer to peer lending. Taking advantage of their time to market and providing lower rates, Lending Club has been able to originate about 16 billion dollars’ worth of loans ...
The Liquidity Premium of Near-Money Assets
... frictions. Introducing nominal quantities and the price level serves the limited purpose of allowing some scope for the central bank to influence nominal short-term interest rates. The real rate will be fixed by the endowment process and preference shocks ξt . Qt represents an aggregate of liquid as ...
... frictions. Introducing nominal quantities and the price level serves the limited purpose of allowing some scope for the central bank to influence nominal short-term interest rates. The real rate will be fixed by the endowment process and preference shocks ξt . Qt represents an aggregate of liquid as ...
View the Entire Research Piece as a PDF here.
... lower interest rates every time the economy (and thus markets) hit a bump. Traders and investors became increasingly convinced that for as long as Greenspan remained chairmen of the Fed, the Fed would come to the rescue if markets turn sour. They referred to it as the “Greenspan put”. While the Gree ...
... lower interest rates every time the economy (and thus markets) hit a bump. Traders and investors became increasingly convinced that for as long as Greenspan remained chairmen of the Fed, the Fed would come to the rescue if markets turn sour. They referred to it as the “Greenspan put”. While the Gree ...
An Analysis of Default Risk in the Home Equity Conversion
... Mortgages to Preserve Independent Living,” 2012-14, Stephanie Moulton, PI. Also the Department of Housing and Urban Development: “Aging in Place: Managing the Use of Reverse Mortgages to Enable Housing Stability,” 2013-2015, Stephanie Moulton, PI. Disclaimer: The work that provided the basis for thi ...
... Mortgages to Preserve Independent Living,” 2012-14, Stephanie Moulton, PI. Also the Department of Housing and Urban Development: “Aging in Place: Managing the Use of Reverse Mortgages to Enable Housing Stability,” 2013-2015, Stephanie Moulton, PI. Disclaimer: The work that provided the basis for thi ...
united states securities and exchange commission
... Other comprehensive income/(loss): Effective portion of loss on derivative instruments that are designated and qualify as cash flow hedges (See Note 6) Less: Reclassification of previously recorded loss included in net ...
... Other comprehensive income/(loss): Effective portion of loss on derivative instruments that are designated and qualify as cash flow hedges (See Note 6) Less: Reclassification of previously recorded loss included in net ...
Inflation Report
... year, we must expect in the light of our open economy some variability in inflation, and perhaps somewhat wider variations than some other countries. Monetary policy has probably contributed to fairly stable long-term inflation expectations at close to 2½%. The prospects and assessments in this Infl ...
... year, we must expect in the light of our open economy some variability in inflation, and perhaps somewhat wider variations than some other countries. Monetary policy has probably contributed to fairly stable long-term inflation expectations at close to 2½%. The prospects and assessments in this Infl ...
This PDF is a selection from an out-of-print volume from... Research Volume Title: Measures of Credit Risk and Experience
... Credit Risk: Meaning and Importance 5) some of the evidence is partly contradictory, ...
... Credit Risk: Meaning and Importance 5) some of the evidence is partly contradictory, ...
The Term Structure of Money Market Spreads
... are a benchmark for a wide range of financial instruments including futures, swaps, variable rate mortgages, and even currencies. Each participating bank is asked to base its quoted rate on the following question: "At what rate could you borrow funds, were you to do so by asking for and then accepti ...
... are a benchmark for a wide range of financial instruments including futures, swaps, variable rate mortgages, and even currencies. Each participating bank is asked to base its quoted rate on the following question: "At what rate could you borrow funds, were you to do so by asking for and then accepti ...
A Critical Comparison of cash- and asset-based Microcredit
... poverty lines in each country, reflecting the comparison to similar purchasing power parity (PPP) levels, and the cost of social inclusion in activities, like weddings or funerals. For our purposes, we will use Amartya Sen’s conciliation of the two in his ‘capabilities’ approach. Sen (1992: 109) def ...
... poverty lines in each country, reflecting the comparison to similar purchasing power parity (PPP) levels, and the cost of social inclusion in activities, like weddings or funerals. For our purposes, we will use Amartya Sen’s conciliation of the two in his ‘capabilities’ approach. Sen (1992: 109) def ...
Impact of the Payment of Interest on Demand Deposits
... This argument was often generalized to apply to interest rate competition for all bank deposits, time as well as demand. A third reason, also relating to lower costs expected to result from the prohibition, concerned deposit insurance for banks c A major concern was how banks, in their weakened fina ...
... This argument was often generalized to apply to interest rate competition for all bank deposits, time as well as demand. A third reason, also relating to lower costs expected to result from the prohibition, concerned deposit insurance for banks c A major concern was how banks, in their weakened fina ...
Statement of Cash Flows Statement of Cash Flows
... issuing debt Exchanges of nonmonetary assets Refinancing of long-term debt Retirement of long-term debt by issuing equity Conversion of debt or preferred stock into common stock ...
... issuing debt Exchanges of nonmonetary assets Refinancing of long-term debt Retirement of long-term debt by issuing equity Conversion of debt or preferred stock into common stock ...
PDF - Urban Institute
... publicly denied the existence of such adverse effects. This paper examines the relationship between long-term fiscal discipline and economic performance, with two main results. First, as almost all economic research and standard textbooks suggest, declines in budget surpluses (or increases in budget ...
... publicly denied the existence of such adverse effects. This paper examines the relationship between long-term fiscal discipline and economic performance, with two main results. First, as almost all economic research and standard textbooks suggest, declines in budget surpluses (or increases in budget ...
Do Loan Commitments Cause Overlending?
... each borrower that needs credit approaches a bank in the spot credit market. The bank approached by the borrower performs credit analysis, after which the borrower 5. This would follow, for example, from a model like Bernanke and Gertler’s (1989), in which the availability of more positive-NPV proje ...
... each borrower that needs credit approaches a bank in the spot credit market. The bank approached by the borrower performs credit analysis, after which the borrower 5. This would follow, for example, from a model like Bernanke and Gertler’s (1989), in which the availability of more positive-NPV proje ...
Determining Market Interest Rates
... wanted to borrow before are no longer interested in doing so because the cost of borrowing is higher. The price of bonds continues to fall until the excess supply of funds is eliminated. Equilibrium is restored at a price of P* $9091, or point E, at which the quantity demanded and quantity supplie ...
... wanted to borrow before are no longer interested in doing so because the cost of borrowing is higher. The price of bonds continues to fall until the excess supply of funds is eliminated. Equilibrium is restored at a price of P* $9091, or point E, at which the quantity demanded and quantity supplie ...
An Empirical Comparison of Interest and Growth Rates Munich Personal RePEc Archive
... The debt level of the United States of America (USA) is currently at over $17.6 trillion4, the highest it has ever been. Thinking back to what happened in Europe in the past years, this could be quite alarming. Taking advantage of the low interest rates to bring these numbers down seems like a sens ...
... The debt level of the United States of America (USA) is currently at over $17.6 trillion4, the highest it has ever been. Thinking back to what happened in Europe in the past years, this could be quite alarming. Taking advantage of the low interest rates to bring these numbers down seems like a sens ...
The Problem of Estimating the Volatility of Zero Coupon
... models, valuations, risk measurement, or design of hedging strategies. Particularly we focus our attention to what we will call the “term structure of interest rates volatility” that is the relationship between zero coupon bond yield volatilities and their term to maturity. We should emphasize in th ...
... models, valuations, risk measurement, or design of hedging strategies. Particularly we focus our attention to what we will call the “term structure of interest rates volatility” that is the relationship between zero coupon bond yield volatilities and their term to maturity. We should emphasize in th ...