capitalization rate, mortgage interest rate and
... estate market, and mortgage interest rate measures the cost of debt. They are important factors developers will encounter when making investment and financing decisions. It is difficult to quantify mortgages used to refinance and invest. However, capturing important factors affecting mortgage flows ...
... estate market, and mortgage interest rate measures the cost of debt. They are important factors developers will encounter when making investment and financing decisions. It is difficult to quantify mortgages used to refinance and invest. However, capturing important factors affecting mortgage flows ...
ACCRUED EXPENSES (ACCRUED LIABILITIES)
... on a Wednesday. If, for the last week of the year, gross payroll is $10,000, how much does RaCo accrue for salary expense? SOLUTION 3: RaCo must accrue 19X7 salary expense for 3 of the 5 days, Monday, Tuesday, and Wednesday, which is 60% (3/5) of the week. To compute accrued payroll expense (payroll ...
... on a Wednesday. If, for the last week of the year, gross payroll is $10,000, how much does RaCo accrue for salary expense? SOLUTION 3: RaCo must accrue 19X7 salary expense for 3 of the 5 days, Monday, Tuesday, and Wednesday, which is 60% (3/5) of the week. To compute accrued payroll expense (payroll ...
Market Consistent Embedded Value Report 2015
... underruns. The value contain back-out tax of EUR 382mn. Expected existing business contribution comprises: ‒ Expected existing business contribution on reference rate of EUR 996mn shows the unwinding of the discount on MCEV with reference rates used in the market consistent projection. The VIF incre ...
... underruns. The value contain back-out tax of EUR 382mn. Expected existing business contribution comprises: ‒ Expected existing business contribution on reference rate of EUR 996mn shows the unwinding of the discount on MCEV with reference rates used in the market consistent projection. The VIF incre ...
... Fiscal Imbalance and Fiscal Stimulus Fiscal imbalance also addresses a different question than whether increased expenditure during recessions—fiscal stimulus—is a desirable or effective way to moderate the business cycle fluctuations of the aggregate economy.5 The standard Keynesian argument for su ...
... The yield curve was more negatively sloped during May due to more frequent implementation of the additional monetary tightening. Yields have shifted down across all maturities in June with easing inflation expectations and declining risk premium (Chart 1.1.7). On the other hand, credit conditions ha ...
Nordic Outlook
... weakened since the financial crisis (see chart on next page). This has initiated a policy discussion about the extent to which ever-lower key interest rates have weakened reform pressure in a way that hampers efficiency improvements in the economy. A closely related discussion concerns the risks tha ...
... weakened since the financial crisis (see chart on next page). This has initiated a policy discussion about the extent to which ever-lower key interest rates have weakened reform pressure in a way that hampers efficiency improvements in the economy. A closely related discussion concerns the risks tha ...
ESLA1997-1998_en.pdf
... In 1998, by contrast, the region's economies are expected to grow only around 3% on average, which is slightly lower than the norm for the decade. Under these conditions, it is likely that unemployment will again begin to increase. Inflation, which had been falling rapidly until 1997, crept back up ...
... In 1998, by contrast, the region's economies are expected to grow only around 3% on average, which is slightly lower than the norm for the decade. Under these conditions, it is likely that unemployment will again begin to increase. Inflation, which had been falling rapidly until 1997, crept back up ...
NBER WORKING PAPER SERIES THE ASYMMETRIC EFFECTS OF FINANCIAL FRICTIONS
... larger rise in lending rates combined with their slower recovery means greater asymmetry in the movements of lending rates and economic activity in economies with frictions. I reach these conclusions by exploring the role of financial frictions on asymmetry in two version of the model. First I const ...
... larger rise in lending rates combined with their slower recovery means greater asymmetry in the movements of lending rates and economic activity in economies with frictions. I reach these conclusions by exploring the role of financial frictions on asymmetry in two version of the model. First I const ...
Inflation Through the Lens of the Fiscal Theory
... of GDP from 2014 to 2024.2 Evidently, there are substantial fiscal consequences from central bank exits from very low policy interest rates. ...
... of GDP from 2014 to 2024.2 Evidently, there are substantial fiscal consequences from central bank exits from very low policy interest rates. ...
convergence report 1998
... of the structural stance of fiscal policy. They need to be replaced by durable measures in order to avoid an increase in net borrowing requirements in 1998, or in subsequent years if they have given rise to future expenditure obligations or future shortfalls in revenues. Evidence available so far su ...
... of the structural stance of fiscal policy. They need to be replaced by durable measures in order to avoid an increase in net borrowing requirements in 1998, or in subsequent years if they have given rise to future expenditure obligations or future shortfalls in revenues. Evidence available so far su ...
NBER WORKING PAPER SERIES INFLATION TARGETING IN TRANSITION COUNTRIES: EXPERIENCE AND PROSPECTS
... monetary policy as the Federal Reserve in the United States is doing, in which there is no ...
... monetary policy as the Federal Reserve in the United States is doing, in which there is no ...
Pension Savings and Pension Funds
... • State guaranty for pension contributions adjusted for inflation rate; • Mandatory participation (rate of mandatory pension contributions – 10% of salary); • The right of a contributor to make voluntary and voluntary professional pension contributions; • State regulation and licensing of the pensio ...
... • State guaranty for pension contributions adjusted for inflation rate; • Mandatory participation (rate of mandatory pension contributions – 10% of salary); • The right of a contributor to make voluntary and voluntary professional pension contributions; • State regulation and licensing of the pensio ...
capital flows to latin american countries: effects
... These policy changes have not been without cost, and political unrest has grown in response to imbalances and perception of gains – or lack thereof – from such initiatives and the role of foreign capital flows, at least among some segments of society. Recent capital flows data show that in the mid-1 ...
... These policy changes have not been without cost, and political unrest has grown in response to imbalances and perception of gains – or lack thereof – from such initiatives and the role of foreign capital flows, at least among some segments of society. Recent capital flows data show that in the mid-1 ...
FX Outlook: 2017
... the dollar to strengthen in 1Q and 2Q towards a high of 107.66, before softening and end 2017 at around 103.88, barring no global shocks. Inflationary pressures from a mild rise in oil prices in 2017, could lead to expectations of rising rates and eventually be dollar positive. Nonetheless, global c ...
... the dollar to strengthen in 1Q and 2Q towards a high of 107.66, before softening and end 2017 at around 103.88, barring no global shocks. Inflationary pressures from a mild rise in oil prices in 2017, could lead to expectations of rising rates and eventually be dollar positive. Nonetheless, global c ...
NBER WORKING PAPER SERIES THE EQUITY PREMIUM IN RETROSPECT Rajnish Mehra
... equally weighted portfolio of seven bank stocks, while another index for 1815–1845 was composed of six bank stocks and one insurance stock. For the period 1834–1862 the index consisted of an equally weighted portfolio of (at most) 27 railroad stocks.4 They used one price quote, per stock, per month, ...
... equally weighted portfolio of seven bank stocks, while another index for 1815–1845 was composed of six bank stocks and one insurance stock. For the period 1834–1862 the index consisted of an equally weighted portfolio of (at most) 27 railroad stocks.4 They used one price quote, per stock, per month, ...
Inflation Dynamics in Sri Lanka: An Empirical Analysis
... explore determinants of inflation in Sri Lanka. For example, Weerasekara (1992) using causality tests, variance decompositions and impulse response functions identifies that the main source of inflation is the money supply in Sri Lanka. Meanwhile, Ratnasiri (2009) examines determinants of inflation ...
... explore determinants of inflation in Sri Lanka. For example, Weerasekara (1992) using causality tests, variance decompositions and impulse response functions identifies that the main source of inflation is the money supply in Sri Lanka. Meanwhile, Ratnasiri (2009) examines determinants of inflation ...
EN EN Convergence Report 2014 Member States BG Bulgaria CZ
... situation of Member States with a derogation (Box 1.1). At least once every two years, or at the request of a Member State with a derogation, the Commission and the European Central Bank (ECB) prepare Convergence Reports for such Member States. Denmark and the United Kingdom negotiated opt-out arran ...
... situation of Member States with a derogation (Box 1.1). At least once every two years, or at the request of a Member State with a derogation, the Commission and the European Central Bank (ECB) prepare Convergence Reports for such Member States. Denmark and the United Kingdom negotiated opt-out arran ...
INFLATION IN VIETNAM
... most prominent success of this innovation was the success of combined various supply-side policies somewhat helped ease the excess demand strain and eventually the inflation rate suddenly dropped to 37.7% in 1989. This can be considered as the initial success of the innovation program, triggering a ...
... most prominent success of this innovation was the success of combined various supply-side policies somewhat helped ease the excess demand strain and eventually the inflation rate suddenly dropped to 37.7% in 1989. This can be considered as the initial success of the innovation program, triggering a ...
Group annual financial statements
... The capital adequacy of banks and banking groups is measured in terms of the requirements of the Banks Act (Act 94 of 1990, as amended) and regulations thereto. The ratio is calculated by dividing the sum of Tier 1 and Tier 2 capital by the risk-weighted assets. Cash and cash equivalents Cash and ca ...
... The capital adequacy of banks and banking groups is measured in terms of the requirements of the Banks Act (Act 94 of 1990, as amended) and regulations thereto. The ratio is calculated by dividing the sum of Tier 1 and Tier 2 capital by the risk-weighted assets. Cash and cash equivalents Cash and ca ...
N - Piazza
... The 11th edition of Macroeconomics is published 31 years after the first. We have been both amazed and flattered by the response our book has received over those years. Besides its use in the classrooms of many U.S. universities, it has been translated into many languages and used in many countries, ...
... The 11th edition of Macroeconomics is published 31 years after the first. We have been both amazed and flattered by the response our book has received over those years. Besides its use in the classrooms of many U.S. universities, it has been translated into many languages and used in many countries, ...
Free Full Text ( Final Version , 817kb )
... deflator, producer price indices (PPI), core price indices (CI) and retail price index (RPI). GDP deflator, calculated by (nominal GDP/real GDP)*100, targets all goods that were produced domestically, which are different from CPI “fixed” basket of goods and services. PPI refers to the ex-factory pri ...
... deflator, producer price indices (PPI), core price indices (CI) and retail price index (RPI). GDP deflator, calculated by (nominal GDP/real GDP)*100, targets all goods that were produced domestically, which are different from CPI “fixed” basket of goods and services. PPI refers to the ex-factory pri ...
Inflation in the Euro Area
... general price level. That is, under price stability price changes give information about the relative scarcity of certain goods and services. This will help households and firms to make well-informed consumption and investment decisions so that markets can allocate resources efficiently (ECB, 2011a) ...
... general price level. That is, under price stability price changes give information about the relative scarcity of certain goods and services. This will help households and firms to make well-informed consumption and investment decisions so that markets can allocate resources efficiently (ECB, 2011a) ...
Interest rate
An interest rate is the rate at which interest is paid by borrowers (debtors) for the use of money that they borrow from lenders (creditors). Specifically, the interest rate is a percentage of principal paid a certain number of times per period for all periods during the total term of the loan or credit. Interest rates are normally expressed as a percentage of the principal for a period of one year, sometimes they are expressed for different periods such as a month or a day. Different interest rates exist parallelly for the same or comparable time periods, depending on the default probability of the borrower, the residual term, the payback currency, and many more determinants of a loan or credit. For example, a company borrows capital from a bank to buy new assets for its business, and in return the lender receives rights on the new assets as collateral and interest at a predetermined interest rate for deferring the use of funds and instead lending it to the borrower.Interest-rate targets are a vital tool of monetary policy and are taken into account when dealing with variables like investment, inflation, and unemployment. The central banks of countries generally tend to reduce interest rates when they wish to increase investment and consumption in the country's economy. However, a low interest rate as a macro-economic policy can be risky and may lead to the creation of an economic bubble, in which large amounts of investments are poured into the real-estate market and stock market. In developed economies, interest-rate adjustments are thus made to keep inflation within a target range for the health of economic activities or cap the interest rate concurrently with economic growth to safeguard economic momentum.