The Composition of Capital Flows: Is South Africa Different? -
... Early investigations of portfolio flows analyzed whether they were driven by push or pull factors. Based on quarterly portfolio data (both equity and debt) during 1989-93 for a panel of 13 middle-income countries, Fernandez-Arias (1996) find that the increase in capital inflows to most countries was ...
... Early investigations of portfolio flows analyzed whether they were driven by push or pull factors. Based on quarterly portfolio data (both equity and debt) during 1989-93 for a panel of 13 middle-income countries, Fernandez-Arias (1996) find that the increase in capital inflows to most countries was ...
Intermediate Accounting
... so that their balances reflect the amounts that would have existed under the newly adopted accounting principle. An offsetting adjustment is made to the beginning balance of Retained Earnings for the cumulative effect of the change (net of taxes). Step 3. Adjust the financial statements of the curre ...
... so that their balances reflect the amounts that would have existed under the newly adopted accounting principle. An offsetting adjustment is made to the beginning balance of Retained Earnings for the cumulative effect of the change (net of taxes). Step 3. Adjust the financial statements of the curre ...
chapter 10
... Topic: Borrowers and the Demand for Loans 10) If an individual borrows $100, and pays back $100 after a year to settle his loan, it implies that the rate of interest is: A) 0 %. B) 1%. C) 10%. D) 100%. Answer: A Difficulty: Medium AACSB: Application of Knowledge Topic: Borrowers and the Demand for L ...
... Topic: Borrowers and the Demand for Loans 10) If an individual borrows $100, and pays back $100 after a year to settle his loan, it implies that the rate of interest is: A) 0 %. B) 1%. C) 10%. D) 100%. Answer: A Difficulty: Medium AACSB: Application of Knowledge Topic: Borrowers and the Demand for L ...
Risk Weighted Capital Adequacy Framework
... Defined as more than 20% and below 50% of the issuer’s paid-up ordinary share capital. If the investment is more than 5% of the investee’s paid-up ordinary share capital but not yet considered as associates. Financial entities would include securities or stock-broking firms, fund management companie ...
... Defined as more than 20% and below 50% of the issuer’s paid-up ordinary share capital. If the investment is more than 5% of the investee’s paid-up ordinary share capital but not yet considered as associates. Financial entities would include securities or stock-broking firms, fund management companie ...
The Risk-free Rate and the Market Risk Premium
... applied by regulators to date has been to use an average of rates over a significantly shorter period that immediately precedes the commencement of the regulatory cycle in order to balance the trade-off between a potential distortion from using an ‘on the day rate’ and the need for current informati ...
... applied by regulators to date has been to use an average of rates over a significantly shorter period that immediately precedes the commencement of the regulatory cycle in order to balance the trade-off between a potential distortion from using an ‘on the day rate’ and the need for current informati ...
anastasia vinogradova
... Section 1 was devoted to a wide range of issues relating to the socio-economic development and modernization of countries (mainly in the South-Eastern Europe) within postcrisis changes. This section included the biggest number of reports and covered topics from examination of the economic aspects of ...
... Section 1 was devoted to a wide range of issues relating to the socio-economic development and modernization of countries (mainly in the South-Eastern Europe) within postcrisis changes. This section included the biggest number of reports and covered topics from examination of the economic aspects of ...
The Russell 2000® Index in a rising interest rate
... Russell 2000 sector performance during rate hike periods: No clear pattern of winners and losers Wanting an even more complete picture of how rising interest rates might impact small caps, we also looked at how the sectors that make up the Russell 2000 performed – see Table 2. Using the same most r ...
... Russell 2000 sector performance during rate hike periods: No clear pattern of winners and losers Wanting an even more complete picture of how rising interest rates might impact small caps, we also looked at how the sectors that make up the Russell 2000 performed – see Table 2. Using the same most r ...
US SECURITIES AND EXCHANGE COMMISSION FORM
... 2008, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2009, and the financial position of Citibank, N.A. and subsidiaries as of December 31, 2009 and 2008, in conformity with U.S. generally accepted accounting principles. As disc ...
... 2008, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2009, and the financial position of Citibank, N.A. and subsidiaries as of December 31, 2009 and 2008, in conformity with U.S. generally accepted accounting principles. As disc ...
Proposed Technical Information Paper 2 Depreciated Replacement
... factors are involved, the price that a buyer in the market would pay for the asset being valued would not be more than the cost to assemble or construct an equivalent asset. We would suggest revising the paragraph to state: “The cost approach estimates value using the economic principle that a buyer ...
... factors are involved, the price that a buyer in the market would pay for the asset being valued would not be more than the cost to assemble or construct an equivalent asset. We would suggest revising the paragraph to state: “The cost approach estimates value using the economic principle that a buyer ...
How Excessive Is Banks` Maturity Transformation?∗
... we quantify the extent to which banks’ average debt maturities were excessively short and the size of the welfare gains that would have been associated with regulating liquidity risk in such an environment. In our recursive model, banks place non-tradable debt among unsophisticated investors who are ...
... we quantify the extent to which banks’ average debt maturities were excessively short and the size of the welfare gains that would have been associated with regulating liquidity risk in such an environment. In our recursive model, banks place non-tradable debt among unsophisticated investors who are ...
Brand Evaluation Systems
... Brand Equity Assessment Criteria • Tap the full scope of brand equity • Focus on sustainable advantages not easily duplicated by competitors • Reflect the constructs that truly drive the market; are associated with future sales & profits – Movement on a measure will move price levels, sales or ...
... Brand Equity Assessment Criteria • Tap the full scope of brand equity • Focus on sustainable advantages not easily duplicated by competitors • Reflect the constructs that truly drive the market; are associated with future sales & profits – Movement on a measure will move price levels, sales or ...
the diffusion of capital account liberalization
... restrictions has been diffused across countries competing for capital, as well countries in shared regional and income networks.Quinn and Toyoda (2005) demonstrate the negative impact of the spread of anti-capitalist sentiment on financial liberalization. While recent diffusion studies provide some ...
... restrictions has been diffused across countries competing for capital, as well countries in shared regional and income networks.Quinn and Toyoda (2005) demonstrate the negative impact of the spread of anti-capitalist sentiment on financial liberalization. While recent diffusion studies provide some ...
The Going-Public Decision and the Development of
... Our analysis of the private versus public financing choice has implications about which firms engage in initial public offerings (IPOs), leveraged buyouts (LBOs), and corporate spinoffs. Additionally, our model provides potential explanations for why IPOs tend to cluster in industry groups, and why ...
... Our analysis of the private versus public financing choice has implications about which firms engage in initial public offerings (IPOs), leveraged buyouts (LBOs), and corporate spinoffs. Additionally, our model provides potential explanations for why IPOs tend to cluster in industry groups, and why ...
German Financial System
... Key words: Germany, financialisation, financial sector, banking, inequality, financial and economic crisis, competition, efficiency, finance, capital flows, history, real estate, regulation of banking and finance ...
... Key words: Germany, financialisation, financial sector, banking, inequality, financial and economic crisis, competition, efficiency, finance, capital flows, history, real estate, regulation of banking and finance ...
perfectly anticipated inflation
... The major ways that unanticipated inflation redistributes income are through loans and wage contracts. An alternative to negotiating contracts in nominal terms and worrying about the level of future inflation is to index themtie their payoffs to the inflation rate. Wage contracts, for example, migh ...
... The major ways that unanticipated inflation redistributes income are through loans and wage contracts. An alternative to negotiating contracts in nominal terms and worrying about the level of future inflation is to index themtie their payoffs to the inflation rate. Wage contracts, for example, migh ...
Foreign Aid, Public Investment and Capital Market Liberalization
... this paper is to contribute to the enrichment of the theoretical literature in this topic and to suggest new factors and policies which must be taken into account in the aid-growth analysis. According to the existing growth literature on aid effectiveness, the most important channels through which ...
... this paper is to contribute to the enrichment of the theoretical literature in this topic and to suggest new factors and policies which must be taken into account in the aid-growth analysis. According to the existing growth literature on aid effectiveness, the most important channels through which ...
How Derivatives Changed the "Business of Banking"
... Dance Into the Abyss, 43 AM. U. L. REv. 1023, 1026 (1994). An underlying asset can be a security, an index, a commodity price, an interest or currency exchange rate, or any other relationship that can be measured and assigned a value. While some derivatives are traded on exchanges, most derivatives ...
... Dance Into the Abyss, 43 AM. U. L. REv. 1023, 1026 (1994). An underlying asset can be a security, an index, a commodity price, an interest or currency exchange rate, or any other relationship that can be measured and assigned a value. While some derivatives are traded on exchanges, most derivatives ...
Exchange Rates and the Foreign Exchange Market: An Asset
... measured in terms of dollars, prices in France were so much lower than they had been a few years before that a shopper’s savings could offset the cost of an airplane ticket from New York or Chicago. Five years later, however, the prices of French goods again looked high to Americans. What economic f ...
... measured in terms of dollars, prices in France were so much lower than they had been a few years before that a shopper’s savings could offset the cost of an airplane ticket from New York or Chicago. Five years later, however, the prices of French goods again looked high to Americans. What economic f ...
Annual Report
... new hires have adequate training. We help them build relationships and make sure they have the support needed to be successful with their new clients. If you start people off on the right foot, the reward will be their future growth.” Paul brings that same care to his client relationships. One examp ...
... new hires have adequate training. We help them build relationships and make sure they have the support needed to be successful with their new clients. If you start people off on the right foot, the reward will be their future growth.” Paul brings that same care to his client relationships. One examp ...
2012 SNI Annual Report - Investor Relations Solutions
... We engage millions of media consumers every ...
... We engage millions of media consumers every ...
2000 Annual Report PDF Version
... In addition, Berkshire’s other non-insurance business activities include: Buffalo News, a publisher of a daily and Sunday newspaper; See’s Candies, a manufacturer and seller of boxed chocolates and other confectionery products; H.H. Brown, Lowell, Dexter and Justin Brands, manufacturers and distribu ...
... In addition, Berkshire’s other non-insurance business activities include: Buffalo News, a publisher of a daily and Sunday newspaper; See’s Candies, a manufacturer and seller of boxed chocolates and other confectionery products; H.H. Brown, Lowell, Dexter and Justin Brands, manufacturers and distribu ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.