systemic risk
... Companies Diversified insurers who provide credit guarantees on debt instruments through credit default swaps have reported multi-billion dollar reductions in the fair value of these swaps Because insurer asset-backed-security investments tend to be in tranches with the highest credit ratings, i ...
... Companies Diversified insurers who provide credit guarantees on debt instruments through credit default swaps have reported multi-billion dollar reductions in the fair value of these swaps Because insurer asset-backed-security investments tend to be in tranches with the highest credit ratings, i ...
Bubbles: Some Perspectives (and Loose Talk) from
... What could cause bubbles? Interestingly, there is a long history of potential explanations to this question. Adam Smith (1776) argued that that it was due to “overtrading.” While this term appears a bit vague today, it apparently was better understood in earlier periods. Lord Overstone, writing in t ...
... What could cause bubbles? Interestingly, there is a long history of potential explanations to this question. Adam Smith (1776) argued that that it was due to “overtrading.” While this term appears a bit vague today, it apparently was better understood in earlier periods. Lord Overstone, writing in t ...
Funding Constraints, Market Liquidity, and Financial Crises
... second or third tier bank could create problem, however, as the financial institutions called in their stock loans. The action could trigger a liquidity spiral and lead to a financial crisis. US financial markets were particularly vulnerable to a financial crisis during the fall harvest season. Ind ...
... second or third tier bank could create problem, however, as the financial institutions called in their stock loans. The action could trigger a liquidity spiral and lead to a financial crisis. US financial markets were particularly vulnerable to a financial crisis during the fall harvest season. Ind ...
Repurchase agreements and the law
... borrower filed for bankruptcy, the lender could retain possession of the securities. In 2000, however, a court ruling in the bankruptcy of Criimi Mae, a publicly held commercial mortage REIT, took market ...
... borrower filed for bankruptcy, the lender could retain possession of the securities. In 2000, however, a court ruling in the bankruptcy of Criimi Mae, a publicly held commercial mortage REIT, took market ...
“The Real Effects of Financial (Dis)Integration: A Spatial Equilibrium
... ○ Loans, deposits, and interbank market activity that are endogenous and heterogeneous at the bank level and within bank across countries. ○ Endogenous interest rates on loans and deposits. ○ Capital requirements modeled following the Basel guidelines. A tightening of the capital requirement endogen ...
... ○ Loans, deposits, and interbank market activity that are endogenous and heterogeneous at the bank level and within bank across countries. ○ Endogenous interest rates on loans and deposits. ○ Capital requirements modeled following the Basel guidelines. A tightening of the capital requirement endogen ...
In Whose Best Interest?
... legally permitted to steer investors’ retirement assets into investment funds that are not necessarily in their clients’ best interests due to high cost and/or bad performance, but that may be more lucrative for the advisor. Under the new rule, this would no longer be permitted. All financial adviso ...
... legally permitted to steer investors’ retirement assets into investment funds that are not necessarily in their clients’ best interests due to high cost and/or bad performance, but that may be more lucrative for the advisor. Under the new rule, this would no longer be permitted. All financial adviso ...
2-7 Function of Financial Markets
... Studies show that firms in the U.S., Canada, the U.K., and other developed nations usually obtain funds from financial intermediaries, not directly from capital markets. In Germany and Japan, financing from financial intermediaries exceeds capital market financing 10-fold. However, the relativ ...
... Studies show that firms in the U.S., Canada, the U.K., and other developed nations usually obtain funds from financial intermediaries, not directly from capital markets. In Germany and Japan, financing from financial intermediaries exceeds capital market financing 10-fold. However, the relativ ...
The Payments System and the Market for Interbank Funds
... funds market examined the interbank payments system and the market for borrowing funds used to settle interbank payments. Both analyses were based on data on payments made through the Federal Reserve’s Fedwire system. Fedwire—the nation’s primary interbank payments system—is a real-time gross settle ...
... funds market examined the interbank payments system and the market for borrowing funds used to settle interbank payments. Both analyses were based on data on payments made through the Federal Reserve’s Fedwire system. Fedwire—the nation’s primary interbank payments system—is a real-time gross settle ...
FINANCIAL MARKETS AND INSTITIUTIONS: A Modern Perspective
... • Interest rate risk is the risk incurred by an FI when the maturities of its assets and liabilities are mismatched and interest rates are volatile – asset transformation involves an FI issuing secondary securities or liabilities to fund the purchase of primary securities or assets – if an FI’s asse ...
... • Interest rate risk is the risk incurred by an FI when the maturities of its assets and liabilities are mismatched and interest rates are volatile – asset transformation involves an FI issuing secondary securities or liabilities to fund the purchase of primary securities or assets – if an FI’s asse ...
FINANCIAL MARKETS AND INSTITIUTIONS: A Modern Perspective
... • Interest rate risk is the risk incurred by an FI when the maturities of its assets and liabilities are mismatched and interest rates are volatile – asset transformation involves an FI issuing secondary securities or liabilities to fund the purchase of primary securities or assets – if an FI’s asse ...
... • Interest rate risk is the risk incurred by an FI when the maturities of its assets and liabilities are mismatched and interest rates are volatile – asset transformation involves an FI issuing secondary securities or liabilities to fund the purchase of primary securities or assets – if an FI’s asse ...
Can the Fed Stop Deflation?
... that the Fed makes bank credit more available or less available to two sets of willing borrowers. During social-mood uptrends, this strategy appears to work, because the borrowers – i.e., banks and their customers — are confident, eager participants in the process. During monetary crises, the Fed’s ...
... that the Fed makes bank credit more available or less available to two sets of willing borrowers. During social-mood uptrends, this strategy appears to work, because the borrowers – i.e., banks and their customers — are confident, eager participants in the process. During monetary crises, the Fed’s ...
Financial Reporting in Hyperinflationary Economies
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...
Financial Systems and Economic Performance: A cross country analysis:
... Using both pure cross-country and dynamic panel analysis, they find that financial markets enhance economic growth mainly through productivity growth, while its effects on saving and capital investment are rather limited. There are also many studies that suggest a positive relationship between finan ...
... Using both pure cross-country and dynamic panel analysis, they find that financial markets enhance economic growth mainly through productivity growth, while its effects on saving and capital investment are rather limited. There are also many studies that suggest a positive relationship between finan ...
Explanations
... to the table: Data are given without of taking into account the result of activity of banks. The financial result before taxation has used from 2009 to the present. It reveals information how enterprises worked before taxation of the selected type of activity: with profits or with losses. It is dete ...
... to the table: Data are given without of taking into account the result of activity of banks. The financial result before taxation has used from 2009 to the present. It reveals information how enterprises worked before taxation of the selected type of activity: with profits or with losses. It is dete ...
Financial Instability Revisited: The Economics of Disaster
... Source: Economic Report of die President, 1969, Table B73, ...
... Source: Economic Report of die President, 1969, Table B73, ...
Financial Market Failures and Systemic Risk
... After the tightening of US monetary policy in February 1994, the yield on long term bonds increased two to three hundred basis points within three months. The rise was unprecedented in scope, spreading all over the industrial countries. It induced huge losses. According to the 1995 BIS Report, capit ...
... After the tightening of US monetary policy in February 1994, the yield on long term bonds increased two to three hundred basis points within three months. The rise was unprecedented in scope, spreading all over the industrial countries. It induced huge losses. According to the 1995 BIS Report, capit ...
brazilian credit cooperatives and financial banks: a - FEA
... Both credit cooperatives and national private Banks increased their representativity in the National Financial System assets, deposits and credit operations total during the period, with the national private banks’ representativity increasing more than credit cooperative’s one. While the credit coop ...
... Both credit cooperatives and national private Banks increased their representativity in the National Financial System assets, deposits and credit operations total during the period, with the national private banks’ representativity increasing more than credit cooperative’s one. While the credit coop ...
Slide 1
... • The crisis mostly hit high CA deficit countries in Europe (Eurozone periphery and CEEC) • Remarkable CA adjustment in Central- and East European countries • Sustainable improvement in external position requires ...
... • The crisis mostly hit high CA deficit countries in Europe (Eurozone periphery and CEEC) • Remarkable CA adjustment in Central- and East European countries • Sustainable improvement in external position requires ...
An Introduction to GAAP Basis Financial Report
... • Outstanding liabilities are moneys owed by the State at year end, and not entered into SFS by April 30th with a liability date of March 31st or earlier • Classified as current and long-term liabilities • Approximately 20 agencies and $45 million • Details reported in Note 8 ...
... • Outstanding liabilities are moneys owed by the State at year end, and not entered into SFS by April 30th with a liability date of March 31st or earlier • Classified as current and long-term liabilities • Approximately 20 agencies and $45 million • Details reported in Note 8 ...
Financial capital
... From that date on, the market underwent uncertainty that led to a drop in share price of Abengoa’s debt and equity instruments. This situation limited access to capital markets and, in parallel, there was a concurrent slowdown in the approval rate of working capital lines of credit from some financi ...
... From that date on, the market underwent uncertainty that led to a drop in share price of Abengoa’s debt and equity instruments. This situation limited access to capital markets and, in parallel, there was a concurrent slowdown in the approval rate of working capital lines of credit from some financi ...
International Accounting Standard 29 Financial Reporting in Hyperinflationary Economies Scope
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...
SB-FRS 29 Financial Reporting in Hyperinflationary Economies
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...
... the general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Prices may be quoted in that currency; ...