Financial reporting developments: Asset Retirement Obligations
... at the time the obligation is incurred (provided that a reasonable estimate of fair value can be made). For example, certain obligations, such as nuclear decommissioning costs, generally are incurred as the asset is operated. Other obligations, like the obligation to remove an offshore drilling plat ...
... at the time the obligation is incurred (provided that a reasonable estimate of fair value can be made). For example, certain obligations, such as nuclear decommissioning costs, generally are incurred as the asset is operated. Other obligations, like the obligation to remove an offshore drilling plat ...
The Sraffian Supermultiplier - Instituto de Economia
... between the demand for products to the productive capacity . The second is the idea that there is also a rough long-run balance between employment opportunities and the size of the labour force. There is, however, a much more plausible non neoclassical explanation for this second 'stylized fact' abo ...
... between the demand for products to the productive capacity . The second is the idea that there is also a rough long-run balance between employment opportunities and the size of the labour force. There is, however, a much more plausible non neoclassical explanation for this second 'stylized fact' abo ...
Chap4
... overall expense ratio decreases as fund size increases, but 12b-1 fees are very sticky. The size of the expense ratio decrease is not nearly as large as the magnitude of the unchanging 12b-1 fee. Moreover, the gross returns of 12b-1 funds are no higher than the returns for non-12b-1 funds, and some ...
... overall expense ratio decreases as fund size increases, but 12b-1 fees are very sticky. The size of the expense ratio decrease is not nearly as large as the magnitude of the unchanging 12b-1 fee. Moreover, the gross returns of 12b-1 funds are no higher than the returns for non-12b-1 funds, and some ...
Expected Returns on Major Asset Classes
... one could calculate such a premium by subtracting the bond yield from the DDM-based expected return on stocks. According to this way of thinking, the equity risk premium is an artifact, a derived quantity that depends on the time and place for which it is being estimated. Other premia, or difference ...
... one could calculate such a premium by subtracting the bond yield from the DDM-based expected return on stocks. According to this way of thinking, the equity risk premium is an artifact, a derived quantity that depends on the time and place for which it is being estimated. Other premia, or difference ...
Fiscal targeting rules and macroeconomic stability under
... Within the EMU, ongoing events have touched o¤ a fresh debate about …scal rules. Proponents of …scal rules such as the Fiscal Compact (European Council, 2012), the German Debt Brake, or a …scal reaction like that proposed by Snower, Burmeister, and Seidel (2011) argue that such rules may help to ens ...
... Within the EMU, ongoing events have touched o¤ a fresh debate about …scal rules. Proponents of …scal rules such as the Fiscal Compact (European Council, 2012), the German Debt Brake, or a …scal reaction like that proposed by Snower, Burmeister, and Seidel (2011) argue that such rules may help to ens ...
How important is economic news for bond markets?
... between bond prices and news than other studies. Also if two announcements always occur at the same time we cannot tell which of the two announcements is most important. Here also analyzing intraday reactions to the surprises of the respective news announcements can provide a solution. Macroeconomic ...
... between bond prices and news than other studies. Also if two announcements always occur at the same time we cannot tell which of the two announcements is most important. Here also analyzing intraday reactions to the surprises of the respective news announcements can provide a solution. Macroeconomic ...
Endowment Fund - InFaith Community Foundation
... Do feel free to break down the fund into parts that are recognizable to ordinary people. Do consider near-term projects with big impact and long-term efforts—people need to see the fund working in their lives. Do leave a portion of the fund undesignated for future needs. Do communicate openly and co ...
... Do feel free to break down the fund into parts that are recognizable to ordinary people. Do consider near-term projects with big impact and long-term efforts—people need to see the fund working in their lives. Do leave a portion of the fund undesignated for future needs. Do communicate openly and co ...
2009-2010.pdf
... The version of the document used for this print run has not undergone graphic revision or proofing of final corrections. ...
... The version of the document used for this print run has not undergone graphic revision or proofing of final corrections. ...
united states securities and exchange commission - corporate
... Forward-looking statements give current expectations or forecasts of future events. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, “seek”, “may” and other words and terms of similar meaning in connection with discussions of future operating or financial performance si ...
... Forward-looking statements give current expectations or forecasts of future events. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, “seek”, “may” and other words and terms of similar meaning in connection with discussions of future operating or financial performance si ...
1/N and Long Run Optimal Portfolios
... the assets that participants end up owning. We therefore consider two different asset menus, respectively including and excluding equity REITs — since several pension plans still fail to offer securitized real estate. We can thus assess whether the out-of-sample performance of naive diversification re ...
... the assets that participants end up owning. We therefore consider two different asset menus, respectively including and excluding equity REITs — since several pension plans still fail to offer securitized real estate. We can thus assess whether the out-of-sample performance of naive diversification re ...
“Inventory Investment and Output Volatility”
... improved inventory management techniques. They further speculate that improvements in management techniques resulted from the installation of information technology capital. Blanchard and Simon instead focus on the correlation of inventory investment with sales growth. They report that the correlat ...
... improved inventory management techniques. They further speculate that improvements in management techniques resulted from the installation of information technology capital. Blanchard and Simon instead focus on the correlation of inventory investment with sales growth. They report that the correlat ...
Document
... Structural deficits of the public purse exist everywhere, and well beyond the point where stimulus spending runs out Ageing demographics come with increasing funding gaps for social security, public pensions and health costs With a smaller portion of the population engaged in producing GDP in the re ...
... Structural deficits of the public purse exist everywhere, and well beyond the point where stimulus spending runs out Ageing demographics come with increasing funding gaps for social security, public pensions and health costs With a smaller portion of the population engaged in producing GDP in the re ...
Principles of Macroeconomics - Test Item File 1 Ninth Edition by
... Chapter 5 Introduction to Macroeconomics...............................................................................116 Chapter 6 Measuring National Output and National Income.................................................139 Chapter 7 Unemployment, Inflation, and Long‐Run Growth .............. ...
... Chapter 5 Introduction to Macroeconomics...............................................................................116 Chapter 6 Measuring National Output and National Income.................................................139 Chapter 7 Unemployment, Inflation, and Long‐Run Growth .............. ...
8 the economy at full employment: the classical model
... A) each additional unit of real GDP costs a decreasing amount of forgone leisure. B) as more real GDP is produced, increasingly more productive labor is being used. C) the marginal product of labor is increasing as real GDP increases. D) the slope of the economy’s production function decreases as re ...
... A) each additional unit of real GDP costs a decreasing amount of forgone leisure. B) as more real GDP is produced, increasingly more productive labor is being used. C) the marginal product of labor is increasing as real GDP increases. D) the slope of the economy’s production function decreases as re ...
The Québec Government`s Debt - Ministère des Finances du Québec
... of gross domestic product (GDP), compared with 52.2% as at March 31, 1998. According to the objectives written into the Act to reduce the debt and establish the Generations Fund, this ratio must reach 25% of GDP by March 31, 2026. The change in total debt reflects all the financial requirements the ...
... of gross domestic product (GDP), compared with 52.2% as at March 31, 1998. According to the objectives written into the Act to reduce the debt and establish the Generations Fund, this ratio must reach 25% of GDP by March 31, 2026. The change in total debt reflects all the financial requirements the ...
European Economy. Reports and Studies. 3/2000. Public finances in
... deficit of 1.2 % of GDP for the euro area, down from 2.3 % in 1998. All Member States met the nominal budgetary targets fixed in the original 1998/99 stability and convergence programmes, and in some cases targets were surpassed by a wide margin. As regards the composition of budgetary adjustment in ...
... deficit of 1.2 % of GDP for the euro area, down from 2.3 % in 1998. All Member States met the nominal budgetary targets fixed in the original 1998/99 stability and convergence programmes, and in some cases targets were surpassed by a wide margin. As regards the composition of budgetary adjustment in ...
Capital Structure Decision
... capital structure it should not loose site of the future impact of its present financial plan. For example if the firm has exhausted its firms capital it may be force to issue equity shares for future financing on unfavorable term due to heavy debt. Hence the firm should all ways return some unused ...
... capital structure it should not loose site of the future impact of its present financial plan. For example if the firm has exhausted its firms capital it may be force to issue equity shares for future financing on unfavorable term due to heavy debt. Hence the firm should all ways return some unused ...
eee06-Stazka2 3772739 en
... Quah (1989). A VAR system consisting of three variables – the rate of change in the real output, in the real exchange rate and in the price level – is estimated to draw inference on the three types of structural disturbances that constitute the driving forces of the variation in these variables. We ...
... Quah (1989). A VAR system consisting of three variables – the rate of change in the real output, in the real exchange rate and in the price level – is estimated to draw inference on the three types of structural disturbances that constitute the driving forces of the variation in these variables. We ...
Template - ESRI Working Papers
... macro-economy. The growing concerns about the housing market over the course of the last decade also saw the inclusion in HERMES of a model of that sector in 2005 (Duffy, FitzGerald and Kearney, 2005). Over the last fifteen years the nature of the Irish economy has changed in a number of ways. Where ...
... macro-economy. The growing concerns about the housing market over the course of the last decade also saw the inclusion in HERMES of a model of that sector in 2005 (Duffy, FitzGerald and Kearney, 2005). Over the last fifteen years the nature of the Irish economy has changed in a number of ways. Where ...
S0110843_en.pdf
... The Caribbean experience with increasing private flows is similar to the international experience. Net private flows to all developing countries increased six-fold over the position at the start of the decade. Private capital flows are now more than eight times the size of official flows. But with p ...
... The Caribbean experience with increasing private flows is similar to the international experience. Net private flows to all developing countries increased six-fold over the position at the start of the decade. Private capital flows are now more than eight times the size of official flows. But with p ...
Keynes`s economics and the question of public debt
... Philosophy’ in the General Theory itself, these ideas are clarified by giving a detailed discussion of the 1942-45 wartime Treasury Memoranda. These writings have been much neglected in contemporary discussions of Keynes’s views on economic policy. They show that Keynes’s policy position was much mo ...
... Philosophy’ in the General Theory itself, these ideas are clarified by giving a detailed discussion of the 1942-45 wartime Treasury Memoranda. These writings have been much neglected in contemporary discussions of Keynes’s views on economic policy. They show that Keynes’s policy position was much mo ...
Fiscal Policy and Government Debt: Theory and Empirical
... at the Technische Universität Darmstadt. Firstly, I am most grateful to my supervisor Prof. Dr. Volker Caspari for his support and insightful discussions. His open-mindedness enabled me to write a thesis touching the topics that captivate me. Moreover, I am indebted to my co-supervisor Prof. Dr. Je ...
... at the Technische Universität Darmstadt. Firstly, I am most grateful to my supervisor Prof. Dr. Volker Caspari for his support and insightful discussions. His open-mindedness enabled me to write a thesis touching the topics that captivate me. Moreover, I am indebted to my co-supervisor Prof. Dr. Je ...
Does portfolio manager ownership affect fund performance? Finnish
... Evans (2008) examined the relation between a manager’s personal wealth and the performance of associated 237 US equity funds. His findings suggest that funds run by minimally invested managers have significantly lower style-adjusted returns (approximately 2.6%) than do funds where managers own more ...
... Evans (2008) examined the relation between a manager’s personal wealth and the performance of associated 237 US equity funds. His findings suggest that funds run by minimally invested managers have significantly lower style-adjusted returns (approximately 2.6%) than do funds where managers own more ...
Firm Selection and Corporate Cash Holdings
... IPO by R&D–intensive firms, all else being equal. The increase in cash holdings of newly listed R&D–intensive firms suggests each new cohort to the stock market has different characteristics. Indeed, over time newly listed firms are smaller, less profitable, and appear to exhibit higher cash-flow vo ...
... IPO by R&D–intensive firms, all else being equal. The increase in cash holdings of newly listed R&D–intensive firms suggests each new cohort to the stock market has different characteristics. Indeed, over time newly listed firms are smaller, less profitable, and appear to exhibit higher cash-flow vo ...