Bank structural reform study: Supplementary report 1
... has been adopted post-financial crisis across financial institutions and has been influenced by the circumstances around the financial crisis (for example, previous bail outs). At some point this explicit difference may no longer be used and the the overall government, political and legislative envi ...
... has been adopted post-financial crisis across financial institutions and has been influenced by the circumstances around the financial crisis (for example, previous bail outs). At some point this explicit difference may no longer be used and the the overall government, political and legislative envi ...
Trade and Development Report, UNCTAD, 2004
... After years of slow growth, a global recovery that includes many developing countries now appears to be under way. If it is sustained and widened, the recovery could be a step forward on the way to meeting the Millennium Development Goals by the internationally agreed target year of 2015. The curren ...
... After years of slow growth, a global recovery that includes many developing countries now appears to be under way. If it is sustained and widened, the recovery could be a step forward on the way to meeting the Millennium Development Goals by the internationally agreed target year of 2015. The curren ...
The Kingdom of Denmark`s New Inflation
... A broad risk perspective, which includes not only interest costs, but also the central government's other budget items, inflation-linked bonds may either dampen or amplify fluctuations in the government budget balance. The effect depends on whether the economy is hit by demand-side or supply-side sh ...
... A broad risk perspective, which includes not only interest costs, but also the central government's other budget items, inflation-linked bonds may either dampen or amplify fluctuations in the government budget balance. The effect depends on whether the economy is hit by demand-side or supply-side sh ...
Deutsche Bundesbank - Annual Report
... 1997 was a year of many facets ± in national and international terms alike. And this time, to a greater extent than in previous years, any look back is almost inevitably associated with a look forward, too. That applies particularly to the European economic and monetary union (EMU), whose outlines a ...
... 1997 was a year of many facets ± in national and international terms alike. And this time, to a greater extent than in previous years, any look back is almost inevitably associated with a look forward, too. That applies particularly to the European economic and monetary union (EMU), whose outlines a ...
notes to the financial statements
... It allows an option to present fair value changes in equity instruments in profit or loss or other comprehensive income and it is an irrevocable election on initial recognition. Reclassification of financial liability between fair value and amortised cost is prohibited while financial asset can only ...
... It allows an option to present fair value changes in equity instruments in profit or loss or other comprehensive income and it is an irrevocable election on initial recognition. Reclassification of financial liability between fair value and amortised cost is prohibited while financial asset can only ...
Debt in the eurozone - the sources and the possible consequences.
... America debt crisis). For this reason the Brady scheme, allowing for debt reduction (bail - in), was invented and became an easy exit for the creditor banks involved and not merely to postpone the problem. This was the first time that debt negotiations included debt reduction as an important element ...
... America debt crisis). For this reason the Brady scheme, allowing for debt reduction (bail - in), was invented and became an easy exit for the creditor banks involved and not merely to postpone the problem. This was the first time that debt negotiations included debt reduction as an important element ...
How to account for interdependence of risk in …nancial markets?
... Whereas AB (2010) are the …rst to our knowledge to attempt enhancing VaR measures to explicitly account for interdependence of risk, they are not the …rst to employ quantile regression in VaR estimation. Engle and Manganelli (2004) make use of such technique to develop CAViar estimates. CAViar - Con ...
... Whereas AB (2010) are the …rst to our knowledge to attempt enhancing VaR measures to explicitly account for interdependence of risk, they are not the …rst to employ quantile regression in VaR estimation. Engle and Manganelli (2004) make use of such technique to develop CAViar estimates. CAViar - Con ...
Bankruptcy Reform and the Housing Crisis.
... by the government sponsored enterprises on housing market outcomes. They determine that these subsidies substantially increase mortgage origination and lower aggregate welfare, but have little impact on default rates. Closely related to our study is that of Chatterjee and Eyigungor (2011b) who demo ...
... by the government sponsored enterprises on housing market outcomes. They determine that these subsidies substantially increase mortgage origination and lower aggregate welfare, but have little impact on default rates. Closely related to our study is that of Chatterjee and Eyigungor (2011b) who demo ...
2003:2 Errors and omissions in the balance of payments statistics
... between Sweden and other countries. The Riksbank is responsible for producing and publishing these figures. The statistics are very similar to traditional accounting and based on the principle of double entry bookkeeping. This means, quite simply, that the real and financial transactions should add ...
... between Sweden and other countries. The Riksbank is responsible for producing and publishing these figures. The statistics are very similar to traditional accounting and based on the principle of double entry bookkeeping. This means, quite simply, that the real and financial transactions should add ...
Building Readiness of the Private Sector in Bangladesh for GCF
... important to consider who makes up this community. The private sector is very diverse and includes large national corporations, multinational companies, small and medium-sized enterprises (SMEs) and private investors, among others. In Bangladesh, SMEsiii are the backbone of the national economy. The ...
... important to consider who makes up this community. The private sector is very diverse and includes large national corporations, multinational companies, small and medium-sized enterprises (SMEs) and private investors, among others. In Bangladesh, SMEsiii are the backbone of the national economy. The ...
Whatsdrivingreturnonequity
... Blood-soaked restructurings, of course, haven't been the only the source of the slaughter of stockholders' equity. Witness the innocuously named accounting standards-SFAS (statement of financial accounting standards) No. 106 and No. 112. These have prompted companies to write down their assets to mo ...
... Blood-soaked restructurings, of course, haven't been the only the source of the slaughter of stockholders' equity. Witness the innocuously named accounting standards-SFAS (statement of financial accounting standards) No. 106 and No. 112. These have prompted companies to write down their assets to mo ...
Performance Evaluation
... because P0 is a "time-zero" value. The rest of the cash flows is split into two: half is modeled as being paid at the beginning (and thus needs to be compounded forward at the rate R), while the other half is modeled as being paid at the end and thus does not need any compounding since its "spot on ...
... because P0 is a "time-zero" value. The rest of the cash flows is split into two: half is modeled as being paid at the beginning (and thus needs to be compounded forward at the rate R), while the other half is modeled as being paid at the end and thus does not need any compounding since its "spot on ...
Commodities Outlook LME Asia seminar: Copper, zinc and lead
... advice is appropriate in light of your particular investment needs, objectives and financial circumstances. There are risks involved in securities trading. The price of securities can and does fluctuate, and an individual security may even become valueless. International investors are reminded of th ...
... advice is appropriate in light of your particular investment needs, objectives and financial circumstances. There are risks involved in securities trading. The price of securities can and does fluctuate, and an individual security may even become valueless. International investors are reminded of th ...
Performance Evaluation
... because P0 is a "time-zero" value. The rest of the cash flows is split into two: half is modeled as being paid at the beginning (and thus needs to be compounded forward at the rate R), while the other half is modeled as being paid at the end and thus does not need any compounding since its "spot on ...
... because P0 is a "time-zero" value. The rest of the cash flows is split into two: half is modeled as being paid at the beginning (and thus needs to be compounded forward at the rate R), while the other half is modeled as being paid at the end and thus does not need any compounding since its "spot on ...
Business Models in Accounting
... Economics and accounting sometimes seem to be two incompatible ways of looking at the world. Yet economic theory is a valuable quarry for insights and ideas in discussing accounting issues, and those involved in debates on financial reporting have often drawn on thinking from different branches of e ...
... Economics and accounting sometimes seem to be two incompatible ways of looking at the world. Yet economic theory is a valuable quarry for insights and ideas in discussing accounting issues, and those involved in debates on financial reporting have often drawn on thinking from different branches of e ...
Do Market Efficiency Measures Yield Correct Inferences?
... our findings suggest that one may need to focus on measuring the informational aspects of efficiency before making meaningful statements about relative efficiency, especially for settings with large disparities in the information environment. The portfolio strategy returns and efficiency measures we ...
... our findings suggest that one may need to focus on measuring the informational aspects of efficiency before making meaningful statements about relative efficiency, especially for settings with large disparities in the information environment. The portfolio strategy returns and efficiency measures we ...
Repo and Securities Lending - Federal Reserve Bank of New York
... agents. 10 In addition to providing collateral management and settlement services, the clearing banks finance the dealers’ securities during the day under current market practice. 11 The intraday credit exposure results in high concentration risk of the clearing banks vis-à-vis tri-party repo borrow ...
... agents. 10 In addition to providing collateral management and settlement services, the clearing banks finance the dealers’ securities during the day under current market practice. 11 The intraday credit exposure results in high concentration risk of the clearing banks vis-à-vis tri-party repo borrow ...
Research Centre for International Economics Working Paper: 2013046
... reliance on collateral in financially more developed economies. First, better developed credit registries and higher branch penetration might reduce average borrowing costs and thus make the potential increase in financing costs due to tax evasion more affordable to firms. 9 Another possible counter ...
... reliance on collateral in financially more developed economies. First, better developed credit registries and higher branch penetration might reduce average borrowing costs and thus make the potential increase in financing costs due to tax evasion more affordable to firms. 9 Another possible counter ...
Industrial Metals as Investment - SummerHaven
... metals examined are aluminum, copper, nickel, zinc, tin, and lead. These metals are essential inputs to a wide range of industrial and consumer products such as steel (nickel and zinc), electric wire (copper), batteries (lead), solder (tin), and aluminum cans. ...
... metals examined are aluminum, copper, nickel, zinc, tin, and lead. These metals are essential inputs to a wide range of industrial and consumer products such as steel (nickel and zinc), electric wire (copper), batteries (lead), solder (tin), and aluminum cans. ...
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.