The countercyclical capital buffer in Spain: an
... The implementation of the three requirements will be phased-in from January 2016 onwards, reaching their full effect in January 2019. Under these transitional arrangements the CCB can be activated at a maximum of 0.625% of RWAs from January 2016. After that, the maximum possible CCB level increases ...
... The implementation of the three requirements will be phased-in from January 2016 onwards, reaching their full effect in January 2019. Under these transitional arrangements the CCB can be activated at a maximum of 0.625% of RWAs from January 2016. After that, the maximum possible CCB level increases ...
45436 Linstock Communications.indd
... Barriers to growth The Centre for Cities, in an analysis of where jobs are being created by the private sector, draws attention to the resources wasted in trying to grow places where demand is intrinsically weak, and the importance of supporting areas with growth potential. This study, which highli ...
... Barriers to growth The Centre for Cities, in an analysis of where jobs are being created by the private sector, draws attention to the resources wasted in trying to grow places where demand is intrinsically weak, and the importance of supporting areas with growth potential. This study, which highli ...
Institutional non-bank lending and the role of Debt Funds
... One potential reason for structural weaknesses in SME financing is that smaller companies in Europe - despite many attempts for establishing a non-bank lending market and alternative financing measures - are very much dependent on bank financing, such as loans and credit lines, since their access to ...
... One potential reason for structural weaknesses in SME financing is that smaller companies in Europe - despite many attempts for establishing a non-bank lending market and alternative financing measures - are very much dependent on bank financing, such as loans and credit lines, since their access to ...
High Yield Bonds in a Rising Rate Environment
... The largest rise in rates during the 20 year period occurred during the fifteen months from October 1998 to January 2000. This was the height of the late ‘90s bull market, with a very strong economy, very low unemployment, hints of inflation, and a powerful stock market rally. The dot-com boom was u ...
... The largest rise in rates during the 20 year period occurred during the fifteen months from October 1998 to January 2000. This was the height of the late ‘90s bull market, with a very strong economy, very low unemployment, hints of inflation, and a powerful stock market rally. The dot-com boom was u ...
microcredit as a tool of ethical finance
... tandem of formal banking sectors and mobile phone companies. Such competition may be successful in particular geographical areas with the setting up of institutions specifically geared towards the mass market (similar, in another context, to low-cost airlines), ones that emphasise differentiation an ...
... tandem of formal banking sectors and mobile phone companies. Such competition may be successful in particular geographical areas with the setting up of institutions specifically geared towards the mass market (similar, in another context, to low-cost airlines), ones that emphasise differentiation an ...
EUROPEAN COMMISSION Brussels, 26.2.2016 SWD(2016) 75 final
... trend. Thus, a significant infrastructure investment gap remains. The design of federal fiscal relations may have contributed to persistent (especially municipal) underinvestment. In addition, overall public and private expenditure on education and research has only slightly increased in recent year ...
... trend. Thus, a significant infrastructure investment gap remains. The design of federal fiscal relations may have contributed to persistent (especially municipal) underinvestment. In addition, overall public and private expenditure on education and research has only slightly increased in recent year ...
NBER VOLUNTARY WELFARE RESEARCH
... In the presence of free capital mobility the price of every ssset is determined by its value on the international capital markets as the diacounted expected present value of its future return. ...
... In the presence of free capital mobility the price of every ssset is determined by its value on the international capital markets as the diacounted expected present value of its future return. ...
The Predictability of Real Estate Returns and Market
... Although the preceding variable list does not necessarily include all relevant variables that carry information about factor premiums, the methodology that we use is relatively robust to omitted information. A generalized method of moments (GMM) approach, similar to Campbell (1987) and Ferson (1989) ...
... Although the preceding variable list does not necessarily include all relevant variables that carry information about factor premiums, the methodology that we use is relatively robust to omitted information. A generalized method of moments (GMM) approach, similar to Campbell (1987) and Ferson (1989) ...
View Officer Report - Planning Portal
... Is there sufficient access for emergency services to reach the current Old Hall dwelling, especially if residents have visitors (which would further reduce accessibility) Loss of few remaining large family houses with large gardens within the village It is essential for the social and economic wellb ...
... Is there sufficient access for emergency services to reach the current Old Hall dwelling, especially if residents have visitors (which would further reduce accessibility) Loss of few remaining large family houses with large gardens within the village It is essential for the social and economic wellb ...
Competition Report
... Key points The Financial Conduct Authority (FCA) was created in 2013. We were given a competition mandate and then additional competition law powers two years later. This first competition report summarises our activities to promote competition in financial services from 1 April 2013, when the FCA w ...
... Key points The Financial Conduct Authority (FCA) was created in 2013. We were given a competition mandate and then additional competition law powers two years later. This first competition report summarises our activities to promote competition in financial services from 1 April 2013, when the FCA w ...
Your source for in-depth agricultural news
... smaller than the past four years. However, price expectations can quickly change. In addition to the change in corn price from 2013 to 2014, the change in five-year average price expectations for corn and soybeans from 2010 to 2011 also illustrate a major change in expectations. At the current time, ...
... smaller than the past four years. However, price expectations can quickly change. In addition to the change in corn price from 2013 to 2014, the change in five-year average price expectations for corn and soybeans from 2010 to 2011 also illustrate a major change in expectations. At the current time, ...
Topic 4: Asymmetric information models of capital structure
... period is X+R if the entrepreneur makes the investment and X if he does not. In what follows, we shall refer to X as the "intrinsic value" of the firm. In this section we will assume that X can take two values, XL and XH, with XH > XL > 0. To simplify matters, let’s assume that there is no discounti ...
... period is X+R if the entrepreneur makes the investment and X if he does not. In what follows, we shall refer to X as the "intrinsic value" of the firm. In this section we will assume that X can take two values, XL and XH, with XH > XL > 0. To simplify matters, let’s assume that there is no discounti ...
Indicators for Bubble Formation in Housing Markets
... this question the reliability of four of the most commonly used indicators were tested for the time period between 2000 and 2010. To evaluate the indicators predicting power the development in, Germany, Sweden, Spain and the UK was studied. Germany and Sweden did not experience a correction during t ...
... this question the reliability of four of the most commonly used indicators were tested for the time period between 2000 and 2010. To evaluate the indicators predicting power the development in, Germany, Sweden, Spain and the UK was studied. Germany and Sweden did not experience a correction during t ...
a 125-page addendum
... scope and density) or, in other words, of the commercial advantages of big firms over smaller competitors. The latter may not be able to effectively use marketing instruments such as frequent flyer bonuses or computer reservation systems. These instruments, along with the dominance of hubs, may have ...
... scope and density) or, in other words, of the commercial advantages of big firms over smaller competitors. The latter may not be able to effectively use marketing instruments such as frequent flyer bonuses or computer reservation systems. These instruments, along with the dominance of hubs, may have ...
Working Paper No. 510 Institutional investor
... Committee (MPC) reduced policy rates to their effective lower bound of 0.5% and began a programme of large-scale purchases of financial assets financed through the creation of central bank reserves, so-called quantitative easing (QE). While the objectives of the QE policy were clear, there has been ...
... Committee (MPC) reduced policy rates to their effective lower bound of 0.5% and began a programme of large-scale purchases of financial assets financed through the creation of central bank reserves, so-called quantitative easing (QE). While the objectives of the QE policy were clear, there has been ...
Stagnation nation? Australian investment in a low
... The first view centres on evidence that the ‘speed limit’ of advanced economies has fallen.a If the pace and scope of innovation and education slows, then productivity growth slows. For example, productivity grew fast in the US after the Second World War, faltered in the 1970s, revived briefly in th ...
... The first view centres on evidence that the ‘speed limit’ of advanced economies has fallen.a If the pace and scope of innovation and education slows, then productivity growth slows. For example, productivity grew fast in the US after the Second World War, faltered in the 1970s, revived briefly in th ...
Mutual funds
... – Can take position in derivative markets – Invest in risky activities. – Are free from regulations – Can work within the country and abroad. ...
... – Can take position in derivative markets – Invest in risky activities. – Are free from regulations – Can work within the country and abroad. ...
Sticker to Prospectus The Prospectus for ICON ECI Fund Fifteen
... A significant portion of the statistical data regarding the domestic equipment financing market’s performance is provided by the equipment financing divisions of commercial and industrial banks, large independent leasing and finance companies, and captive and vendor leasing and finance companies. T ...
... A significant portion of the statistical data regarding the domestic equipment financing market’s performance is provided by the equipment financing divisions of commercial and industrial banks, large independent leasing and finance companies, and captive and vendor leasing and finance companies. T ...
Essilor (EI FP)-Buy: Bigger playing field becomes reality
... Essilor remains by far a “captain of industry” in the corrective lenses but also in the optical instruments market. The expansion in new markets (sun and online) supported by the global roll-out of direct-to-consumer marketing campaigns (a game changer in our view as it is targeting directly end con ...
... Essilor remains by far a “captain of industry” in the corrective lenses but also in the optical instruments market. The expansion in new markets (sun and online) supported by the global roll-out of direct-to-consumer marketing campaigns (a game changer in our view as it is targeting directly end con ...
Comparing different regulatory measures to control stock market volatility: a general equilibrium analysis
... that one can compare both the direct and indirect effects of these different measures on the financial and real sectors of an economy within the same economic setting. The dynamic, stochastic general equilibrium model we construct is of a production economy that is populated by multiple investors w ...
... that one can compare both the direct and indirect effects of these different measures on the financial and real sectors of an economy within the same economic setting. The dynamic, stochastic general equilibrium model we construct is of a production economy that is populated by multiple investors w ...
fa-ii-chapter-ii
... inventory at replacement cost. The company can receive only the selling price less cost of disposal. To report the inventory at replacement cost would result in an overstatement of inventory and understatement of the loss in the current period. To illustrate, assume that Staples paid $1,000 for a co ...
... inventory at replacement cost. The company can receive only the selling price less cost of disposal. To report the inventory at replacement cost would result in an overstatement of inventory and understatement of the loss in the current period. To illustrate, assume that Staples paid $1,000 for a co ...
The cyclical relations between traded property stock prices and
... Real gross domestic product includes the effect of both the industrial and monetary sectors on broader economic activity. Moreover, gross domestic product captures trends not only in the industrial sector but also in the service sector and the business of retailing. Roll and Ross (1980) have argued ...
... Real gross domestic product includes the effect of both the industrial and monetary sectors on broader economic activity. Moreover, gross domestic product captures trends not only in the industrial sector but also in the service sector and the business of retailing. Roll and Ross (1980) have argued ...
Financial Stability Paper No. 35: Measuring the macroeconomic
... crisis, UK banks made large losses, with some institutions coming close to failure and others requiring recapitalisation by the government. Lending to the real economy fell sharply, households and businesses cut back on spending and the economy suffered its worst recession since the Second World War ...
... crisis, UK banks made large losses, with some institutions coming close to failure and others requiring recapitalisation by the government. Lending to the real economy fell sharply, households and businesses cut back on spending and the economy suffered its worst recession since the Second World War ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.