Fiscal consolidation
... cold shower may be more effective (Barrios et al., 2010; European Commission, 2007). A gradual retrenchment, however, is not successful in the case of consolidations following sharp debt increases. Moreover, Barrios et al. (2010) found that monetary and economic conditions may be playing a role in d ...
... cold shower may be more effective (Barrios et al., 2010; European Commission, 2007). A gradual retrenchment, however, is not successful in the case of consolidations following sharp debt increases. Moreover, Barrios et al. (2010) found that monetary and economic conditions may be playing a role in d ...
RESTRUCTURING VALUE-ADDED TAX IN SOUTH AFRICA A COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS by
... South Africa the tax burden is already high. Increasing taxes further will only serve to hamper economic growth, which as it is, is not sufficient to generate revenue to pay for the required spending, or to create enough employment opportunities. On the other hand, lowering taxes may also achieve th ...
... South Africa the tax burden is already high. Increasing taxes further will only serve to hamper economic growth, which as it is, is not sufficient to generate revenue to pay for the required spending, or to create enough employment opportunities. On the other hand, lowering taxes may also achieve th ...
Do Cash Flows of Growth Stocks Really Grow Faster?
... to two streams of cash flows that have the same present values and the same first-year returns, analogous to two dividend streams in a Miller and Modigliani (1961) setting. On the one hand, rebalanced portfolios are the standard practice in empirical asset pricing (for example, Fama and French (1992)) ...
... to two streams of cash flows that have the same present values and the same first-year returns, analogous to two dividend streams in a Miller and Modigliani (1961) setting. On the one hand, rebalanced portfolios are the standard practice in empirical asset pricing (for example, Fama and French (1992)) ...
MRK 09-10
... efficiency goals. Between 2004 and 2006, Merck's inventory increased 15.11% possibly the result of decreased sales. Second, as previously stated, materials and production expenses increased by over 20% despite a 1.32% decrease in sales. Merck's problems extend farther back than 2004. Since 2001, Mer ...
... efficiency goals. Between 2004 and 2006, Merck's inventory increased 15.11% possibly the result of decreased sales. Second, as previously stated, materials and production expenses increased by over 20% despite a 1.32% decrease in sales. Merck's problems extend farther back than 2004. Since 2001, Mer ...
Youth Economic Strategy Index
... a research initiative led by The Economist Intelligence Unit that uses a unique index methodology and survey of 5,000 youth to examine how 35 cities around the world are supporting the young people who live there. The initiative also provides insights from young people about what they hope to accomp ...
... a research initiative led by The Economist Intelligence Unit that uses a unique index methodology and survey of 5,000 youth to examine how 35 cities around the world are supporting the young people who live there. The initiative also provides insights from young people about what they hope to accomp ...
Option 2 - Protect Patients Now
... prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass (see Figure 1-1). To help inform lawmakers, the Congressional Budget Office periodically issues a compendium of policy options that would help to reduce the ...
... prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass (see Figure 1-1). To help inform lawmakers, the Congressional Budget Office periodically issues a compendium of policy options that would help to reduce the ...
A CLEAR AND SIMPLE
... a result, they tend to be too volatile for short-term investors. However, it’s widely accepted that equities have the potential for better returns over medium and longer terms. It’s also worth bearing in mind that equities traded on some overseas stock exchanges can be more volatile than UK equities ...
... a result, they tend to be too volatile for short-term investors. However, it’s widely accepted that equities have the potential for better returns over medium and longer terms. It’s also worth bearing in mind that equities traded on some overseas stock exchanges can be more volatile than UK equities ...
2 amended and restated private placement
... The Fund will deposit the Investors’ accepted subscription funds into the Fund’s bank account, and the Investors will, thereby, become Members of the Fund. A capital account (“Capital Account”) will be established for each Member on the books and records of the Fund. Each Member will share in distri ...
... The Fund will deposit the Investors’ accepted subscription funds into the Fund’s bank account, and the Investors will, thereby, become Members of the Fund. A capital account (“Capital Account”) will be established for each Member on the books and records of the Fund. Each Member will share in distri ...
Key Investor Information - Clayton Holmes Naisbitt
... a government or another entity) that pay a fixed level of income or interest. • The fund may invest in preference shares. These are investments (issued by a company) that pay a fixed level of income. The income is paid as a dividend rather than interest and must be paid before any income from the c ...
... a government or another entity) that pay a fixed level of income or interest. • The fund may invest in preference shares. These are investments (issued by a company) that pay a fixed level of income. The income is paid as a dividend rather than interest and must be paid before any income from the c ...
Dalton Street Capital Absolute Return Fund Product Disclosure
... subsidiary of Prodigy. The team is made up of investment professionals with deep Australian and Asian equity market experience coupled with detailed derivative and leveraged fund management knowledge. Dalton Street uses complex systematic investment strategies that aims to deliver positive absolute ...
... subsidiary of Prodigy. The team is made up of investment professionals with deep Australian and Asian equity market experience coupled with detailed derivative and leveraged fund management knowledge. Dalton Street uses complex systematic investment strategies that aims to deliver positive absolute ...
Fees and costs - Federal Register of Legislation
... reforms, the Government undertook extensive consultations with industry, employer and consumer groups. The Government announced its decisions on the key design aspects of the Stronger Super reforms on 21 September 2011 (Minister’s Media Release No. 131 of 21 September 2011). This Bill is the third t ...
... reforms, the Government undertook extensive consultations with industry, employer and consumer groups. The Government announced its decisions on the key design aspects of the Stronger Super reforms on 21 September 2011 (Minister’s Media Release No. 131 of 21 September 2011). This Bill is the third t ...
Chapter-012-2 - Testbank Byte
... 69. Interest, dividends, and capital gains from investments in tax-sheltered retirement plans are tax-free. ANS: F they are tax-sheltered meaning that the taxes are not assessed as the earnings are accumulated. PTS: 1 ...
... 69. Interest, dividends, and capital gains from investments in tax-sheltered retirement plans are tax-free. ANS: F they are tax-sheltered meaning that the taxes are not assessed as the earnings are accumulated. PTS: 1 ...
THE IMPACT OF MINIMUM INVESTMENT BARRIERS ON SHORT END OF PERFORMANCE?
... investors who are less likely to possess the monetary flexibility required to access funds with higher minimum investment barriers and less likely to possess well-diversified portfolios of hedge funds. If lower minimum investment levels are associated with lower performance measures, there may be ca ...
... investors who are less likely to possess the monetary flexibility required to access funds with higher minimum investment barriers and less likely to possess well-diversified portfolios of hedge funds. If lower minimum investment levels are associated with lower performance measures, there may be ca ...
Product Disclosure Statement
... While the Fund does not engage in short selling, the Underlying Fund may do so. Unlike “long only” investments, which have just one source of return; that is buying securities that are expected to rise in value, long/short strategies have two sources of potential return. A fund that employs a long/s ...
... While the Fund does not engage in short selling, the Underlying Fund may do so. Unlike “long only” investments, which have just one source of return; that is buying securities that are expected to rise in value, long/short strategies have two sources of potential return. A fund that employs a long/s ...
Failure Rates for New Canadian Firms: New Perspectives on Entry
... entry decision. For any potential new firm, the decision to enter is a risky one, as many entrants fail, often shortly after start-up. If the costs of the entry gamble are high—due, for example, to the existence of sunk costs – fewer firms can be expected to take the entry gamble. As a result, fewer ...
... entry decision. For any potential new firm, the decision to enter is a risky one, as many entrants fail, often shortly after start-up. If the costs of the entry gamble are high—due, for example, to the existence of sunk costs – fewer firms can be expected to take the entry gamble. As a result, fewer ...
Statement of Advice sample wording
... 238342 are the issuers of this document. The information is current as of February 2017 and is subject to change. The information provided is intended for the use of advisers only, is of a general nature and does not take into account an investor's personal needs, financial circumstances or objectiv ...
... 238342 are the issuers of this document. The information is current as of February 2017 and is subject to change. The information provided is intended for the use of advisers only, is of a general nature and does not take into account an investor's personal needs, financial circumstances or objectiv ...
northwest natural gas company
... cities and neighboring communities in three Washington counties. We serve residential, commercial and industrial customers in these service areas. Industries we serve include: pulp, paper and other forest products; the manufacture of electronic, electrochemical and electrometallurgical products; the ...
... cities and neighboring communities in three Washington counties. We serve residential, commercial and industrial customers in these service areas. Industries we serve include: pulp, paper and other forest products; the manufacture of electronic, electrochemical and electrometallurgical products; the ...
2011 Annual Report
... 2015 Road Map goal of at least $20 in operating earnings per share. As before, the road map is not simply a list of targets, but a management model built on exploiting multiple ways to create value. Operating leverage will come from our continuing shift to higher-margin businesses and improving ente ...
... 2015 Road Map goal of at least $20 in operating earnings per share. As before, the road map is not simply a list of targets, but a management model built on exploiting multiple ways to create value. Operating leverage will come from our continuing shift to higher-margin businesses and improving ente ...
Answering Your RRSP Questions
... Note that the federal government, along with many provincial governments, have introduced legislation covering Pooled Registered Pension Plans or PRPPs. Despite the increase in the availability of such plans, it would appear that it will still take some time before PRPPs become commonly available an ...
... Note that the federal government, along with many provincial governments, have introduced legislation covering Pooled Registered Pension Plans or PRPPs. Despite the increase in the availability of such plans, it would appear that it will still take some time before PRPPs become commonly available an ...
Oncor Electric Delivery Company LLC
... Oncor Electric Delivery Company LLC’s (Oncor) annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to those reports are made available to the public, free of charge, on the Oncor website at http://www.oncor.com as soon as reasonably practicable ...
... Oncor Electric Delivery Company LLC’s (Oncor) annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to those reports are made available to the public, free of charge, on the Oncor website at http://www.oncor.com as soon as reasonably practicable ...
Information Memorandum: Newpin Social Benefit Bond
... Newpin SBB also provides the benefit of a degree of capital protection; during the first four years any loss of principal will be limited to 25% and after the fourth year principal loss will be limited to 50%. Any potential loss of principal would require restoration rates to fall to below 55%, a le ...
... Newpin SBB also provides the benefit of a degree of capital protection; during the first four years any loss of principal will be limited to 25% and after the fourth year principal loss will be limited to 50%. Any potential loss of principal would require restoration rates to fall to below 55%, a le ...
Chapter 4 A R :
... The bulk of actual expenditure goes towards revenue expenditure, which does not usually result in fresh creation of assets for the Government and is meant for normal running and maintenance of Government machinery. During the X Plan period, the average share of revenue expenditure to actual expendit ...
... The bulk of actual expenditure goes towards revenue expenditure, which does not usually result in fresh creation of assets for the Government and is meant for normal running and maintenance of Government machinery. During the X Plan period, the average share of revenue expenditure to actual expendit ...
552016 April Does Plant Size Matter? Differential Effects of FDI on
... shows that as workers migrate from multinational to domestic firms, there is an increase in the wages of even domestic workers at in- cumbent firms. Further, the transfer of technology is greater the higher the skills of the worker migrating from the multinational and the higher the skill of the wor ...
... shows that as workers migrate from multinational to domestic firms, there is an increase in the wages of even domestic workers at in- cumbent firms. Further, the transfer of technology is greater the higher the skills of the worker migrating from the multinational and the higher the skill of the wor ...
NBER WORKING PAPER SERIES TO 2007 Patrick Bajari
... in default rates caused the value of MBS to plunge. Thus, not only have subprime lenders such as New Century Financial Corporation been forced to declare bankruptcy, but also commercial- and investment banks have experienced substantial losses from write-downs on the value of MBS and collateralized ...
... in default rates caused the value of MBS to plunge. Thus, not only have subprime lenders such as New Century Financial Corporation been forced to declare bankruptcy, but also commercial- and investment banks have experienced substantial losses from write-downs on the value of MBS and collateralized ...