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Yen Interest Rate Swaps
Yen Interest Rate Swaps

... Tradition is a market leading Yen inter-dealer broker with a dedicated team of market professionals operating as Meitan in Asia, and Tradition in Europe and USA. Tradition’s long established benchmark Yen interest rate prices are relied upon by market professionals worldwide. Real-time Broker Pricin ...
SEPTEMB ER 2016
SEPTEMB ER 2016

Steger Chap 3 - Western Washington University
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... • (mŏn′ĭ-tə-rĭz′əm, mŭn′-)n.1. A theory holding that economic variations within a given system, such as changing rates of inflation, are most often caused by increases or decreases in the money supply. • 2. A policy that seeks to regulate an economy by altering the domestic money supply, especially ...
The great reversals: the politics of financial development in the 20th
The great reversals: the politics of financial development in the 20th

... Better disclosure rules will reduce the relative importance of incumbents while allow newcomers to enter and compete. A more efficient financial system facilitates entry and leads to lower profits for incumbent firms and financial institutions. Financial underdevelopment is not the only barrier to n ...
Financial globalization and exchange rates
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... creditor, and New Zealand and Iceland the largest debtors. The positive relation between net foreign assets and GDP per capita, which is shown in the Figure to hold in the cross-section, holds also along the time-series dimension—as countries get richer, relative to trading partners—their net foreig ...
Public Policy Brief
Public Policy Brief

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Budget Deficits and Interest Rates in Japan
Budget Deficits and Interest Rates in Japan

... implies that pursing expansionary fiscal policy by raising government debts reduces the long-term interest rate since agents switch from lower quality issues. Strong home bias in Japan may also play a role. JGBs have been financed largely by domestic investors who are traditionally inclined to make ...
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103 135 dossier in

... products they rate, has been criticised several times, but nothing has been done to eliminate the situation or replace the rating agencies with other entities. In fact, ratings serve as the basis for the risk evaluation used to calculate capital coefficients under Basel II. Moreover, a change in the ...
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Mexico: Stabilization, Reform, and No Growth

... tion in others, with the balance expected to shift soon toward expansion as the rewards of reform cumulate into sustained high growth. The more pessimistic view, however, is that just as in Chile in the late 1970s positive, sustainable growth will come only after the overvaluation is corrected. Of c ...
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Structural Volatility in Mexico: A Policy Report - Inter

... private sector was authorized to participate in infrastructure projects, the public deficit vanished, public debt markets were developed, exchange rate controls were abolished, foreign investment and imports were liberalized, NAFTA was passed, and the list goes on. Leveraged by the advent of the Bra ...
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... yield by: A. Increasing riskiness of exposures or investing into high-duration assets B. Increasing the share of trading activities and fee income C. Offsetting the decreasing net interest margin by higher volume of loans and lower credit standards ...
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On the Franco-German Euro Contradiction and Ultimate Euro

... could actually stand up to the dollar as part of a new international monetary order. By contrast, the main German concern was to forestall the threat of deutschmark strength as undermining German competitiveness within Europe. Currency overvaluation stands in conflict with Germany’s export-led growt ...
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Pacific Airport Group (Form: 6-K, Received: 10/07

... financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial conditions, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a ...
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Tight Money, Real Interest Rates, and Inflation in Sub

... or tax increases are not introduced concurrently to lower the primary fiscal deficit. In the absence of supporting adjustments in expenditure or taxes, slower money growth leads to more bond sales, higher interest payments on government debt, and progressively larger fiscal deficits. If there is an ...
empirical investigation of the relationship between exchange rate
empirical investigation of the relationship between exchange rate

... model suggests that change is caused in stock prices due to change in exchange rate through transactions of capital account. To what extent stock market effects currency market depend upon things like stock market liquidity and segmentation. For instance, illiquidity in the stock market makes it dif ...
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Building Local Bond Markets

... securitization, and the rise of new institutional investors requiring long term assets to match long term liabilities Reduces the currency, interest rate and funding exposures risks Allows more efficient allocation of savings by reducing banks role that also reduces the element of political interfer ...
www.sbp.org.pk
www.sbp.org.pk

... securitization, and the rise of new institutional investors requiring long term assets to match long term liabilities Reduces the currency, interest rate and funding exposures risks Allows more efficient allocation of savings by reducing banks role that also reduces the element of political interfer ...
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... this study and used a combination of statistical and managerial tools like factor rating method to be able to provide useful information and perspective in evaluating countries as potential locations to invest. II. Literature Review Even after deciding which method to use in evaluating a country’s a ...
citridge, } 02138 the Takatoshi Ito
citridge, } 02138 the Takatoshi Ito

... said to be reversed. Anyway, U.S. political business cycles may spill over to Japan through a trade link.) Exports are greatly influenced by business conditions of major trading partners. Imports are subject to prices of oil and other primary commodities. In the short run, a business climate may be ...
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Currency intervention

Currency intervention, also known as foreign exchange market intervention, or currency manipulation, occurs when a government buys or sells foreign currency to push the exchange rate of its own currency away from equilibrium value or to prevent the exchange rate from moving toward its equilibrium value.Generally, central banks intervene in foreign exchange markets in order to achieve a variety of overall economic objectives: controlling inflation, maintaining competitiveness, or maintaining financial stability. The precise objectives of policy and how they are reflected in currency manipulation depend on a number of factors, including the stage of a country’s development, the degree of financial market development and integration, and the country’s overall vulnerability to shocks.
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