Does Quantitative Easing Work?
... the policy response of the US government. It examines the effect of quantitative easing on various macroeconomic variables of the US economy. The paper researches the impact of quantitative easing on asset prices and inflation. It explores the effect of quantitative easing on employment in the US. A ...
... the policy response of the US government. It examines the effect of quantitative easing on various macroeconomic variables of the US economy. The paper researches the impact of quantitative easing on asset prices and inflation. It explores the effect of quantitative easing on employment in the US. A ...
Equity Composition Hypothesis
... because of liquidity shock or because of low productivity. Hence, the price direct investment must incur informational discount if sold before maturity. As a result, investors would tilt their investments towards FPI if they expect greater liquidity needs. ...
... because of liquidity shock or because of low productivity. Hence, the price direct investment must incur informational discount if sold before maturity. As a result, investors would tilt their investments towards FPI if they expect greater liquidity needs. ...
NBER WORKING PAPER SERIES
... risky from away substitute agents as risk increased of consequence likely intuitively an be to seem would rate riskless the in drop a Yet simultaneously. rates interest real low the and values equity depressed the explain could risk increased that possibility the considered have authors other nor th ...
... risky from away substitute agents as risk increased of consequence likely intuitively an be to seem would rate riskless the in drop a Yet simultaneously. rates interest real low the and values equity depressed the explain could risk increased that possibility the considered have authors other nor th ...
Systemic Risk and Sentiment
... not just low probability, but insufficient probability, to outlying events. Keep in mind that the Yale/Shiller indexes are indicators of the proportion of those holding particular views. Other indexes are also informative. The value confidence index, both for institutional investors and individual i ...
... not just low probability, but insufficient probability, to outlying events. Keep in mind that the Yale/Shiller indexes are indicators of the proportion of those holding particular views. Other indexes are also informative. The value confidence index, both for institutional investors and individual i ...
IFC`s Poverty Focus - International Finance Corporation
... constraints for small firms, as it mitigates the effects of information asymmetries in the market. A study by Love and Mylenko (2004)8 shows that the percent of firms reporting financing constraints declined from 49% in countries without credit information sharing systems to 27% in those countries t ...
... constraints for small firms, as it mitigates the effects of information asymmetries in the market. A study by Love and Mylenko (2004)8 shows that the percent of firms reporting financing constraints declined from 49% in countries without credit information sharing systems to 27% in those countries t ...
CoreLogic–TEG Rewards
... Australian home values, the result is slightly lower from a year ago when 69% of respondents thought the market was vulnerable to a significant correction in values. The result is slightly higher from the June quarter at 65%. The high proportion of respondents who were concerned about a large correc ...
... Australian home values, the result is slightly lower from a year ago when 69% of respondents thought the market was vulnerable to a significant correction in values. The result is slightly higher from the June quarter at 65%. The high proportion of respondents who were concerned about a large correc ...
Dec newsletter-full version-1
... the money supply may be related to unanticipated increases in inflation and future inflation uncertainty and hence negatively related to the share price; second, changes in the money supply may positively influence the share price through its impact on economic activity; and finally, an increase in ...
... the money supply may be related to unanticipated increases in inflation and future inflation uncertainty and hence negatively related to the share price; second, changes in the money supply may positively influence the share price through its impact on economic activity; and finally, an increase in ...
SPECIAL REPORT TD Economics THE FED’S (GRA)DUAL NORMALIZATION: NAVIGATING OUT OF UNCHARTED WATERS
... exact path to normalization, as well as its ultimate destination, with deviations from expectations requiring additional realignment. What is somewhat more certain is that volatility during this process is likely to rise, with the Fed expected to proceed gradually so as to not overly roil markets or ...
... exact path to normalization, as well as its ultimate destination, with deviations from expectations requiring additional realignment. What is somewhat more certain is that volatility during this process is likely to rise, with the Fed expected to proceed gradually so as to not overly roil markets or ...
Foreclosure Update and New Appraisal Regulations
... country. Senate Banking Committee will hold hearings investigating the foreclosure paperwork morass on November 16. White House states that it is “not sure about a national moratorium because there are in fact valid foreclosures that probably should go forward" because documents are accurate. ...
... country. Senate Banking Committee will hold hearings investigating the foreclosure paperwork morass on November 16. White House states that it is “not sure about a national moratorium because there are in fact valid foreclosures that probably should go forward" because documents are accurate. ...
Monetary Policy Statement December 2008 Contents
... the financial crisis means there is considerable uncertainty ...
... the financial crisis means there is considerable uncertainty ...
Official PDF , 35 pages
... sectiondescribes the main features of the institutonal settingsin Japan and Korea, the incentive environmentsfor banks and industrial firms, in whict. credit policies were implemented. The third section, based on recent theories of internalorganization,providesan in-depthanalysis on how we can try t ...
... sectiondescribes the main features of the institutonal settingsin Japan and Korea, the incentive environmentsfor banks and industrial firms, in whict. credit policies were implemented. The third section, based on recent theories of internalorganization,providesan in-depthanalysis on how we can try t ...
United States housing bubble
The United States housing bubble was an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008, the Case-Shiller home price index reported its largest price drop in its history. The credit crisis resulting from the bursting of the housing bubble is—according to general consensus—the primary cause of the 2007–2009 recession in the United States.Increased foreclosure rates in 2006–2007 among U.S. homeowners led to a crisis in August 2008 for the subprime, Alt-A, collateralized debt obligation (CDO), mortgage, credit, hedge fund, and foreign bank markets. In October 2007, the U.S. Secretary of the Treasury called the bursting housing bubble ""the most significant risk to our economy.""Any collapse of the U.S. housing bubble has a direct impact not only on home valuations, but the nation's mortgage markets, home builders, real estate, home supply retail outlets, Wall Street hedge funds held by large institutional investors, and foreign banks, increasing the risk of a nationwide recession. Concerns about the impact of the collapsing housing and credit markets on the larger U.S. economy caused President George W. Bush and the Chairman of the Federal Reserve Ben Bernanke to announce a limited bailout of the U.S. housing market for homeowners who were unable to pay their mortgage debts.In 2008 alone, the United States government allocated over $900 billion to special loans and rescues related to the U.S. housing bubble, with over half going to Fannie Mae and Freddie Mac (both of which are government-sponsored enterprises) as well as the Federal Housing Administration. On December 24, 2009, the Treasury Department made an unprecedented announcement that it would be providing Fannie Mae and Freddie Mac unlimited financial support for the next three years despite acknowledging losses in excess of $400 billion so far. The Treasury has been criticized for encroaching on spending powers that are enumerated for Congress alone by the United States Constitution, and for violating limits imposed by the Housing and Economic Recovery Act of 2008.