Financial Crises and the Composition of Cross-Border Lending
... of cross-border bank-intermediated capital flows. Blank and Buch (2010) document the drivers of cross-border bank assets and liabilities, focusing on their short-run response to macroeconomic fluctuations. They show that bank asset and liability positions are closely linked to bilateral trade, inter ...
... of cross-border bank-intermediated capital flows. Blank and Buch (2010) document the drivers of cross-border bank assets and liabilities, focusing on their short-run response to macroeconomic fluctuations. They show that bank asset and liability positions are closely linked to bilateral trade, inter ...
NBER WORKING PAPER SERIES IN SEARCH OF DISTRESS RISK John Y. Campbell
... and Xu 2001) are also likely to have played a role, and one purpose of our investigation is to quantify the time-series effects of these changes. The broader failure indicator tracks the bankruptcy indicator closely until the early 1980’s, but towards the end of the sample it begins to diverge signif ...
... and Xu 2001) are also likely to have played a role, and one purpose of our investigation is to quantify the time-series effects of these changes. The broader failure indicator tracks the bankruptcy indicator closely until the early 1980’s, but towards the end of the sample it begins to diverge signif ...
Multi-Seller Commercial Paper - Dorris - Artic
... fixed-rate notes usually sold at a discount to their face amount. The short-term nature of commercial paper notes means that the cost of funding through such notes is more similar to floating-rate debt than to fixed-rate debt. When commercial banks first established multi-seller CP conduits, they we ...
... fixed-rate notes usually sold at a discount to their face amount. The short-term nature of commercial paper notes means that the cost of funding through such notes is more similar to floating-rate debt than to fixed-rate debt. When commercial banks first established multi-seller CP conduits, they we ...
Mergers and Acquisition in Singapore`s Financial
... and efficiency gains were not significantly related to horizontal mergers. In his earlier study, Rhoades (1987) examined the impact of mergers on the ratios of net income before extraordinary items to assets and non-interest expenses to assets. He ran probit analyses with dummy variables distinguish ...
... and efficiency gains were not significantly related to horizontal mergers. In his earlier study, Rhoades (1987) examined the impact of mergers on the ratios of net income before extraordinary items to assets and non-interest expenses to assets. He ran probit analyses with dummy variables distinguish ...
2015 Annual Report
... For Weixin and WeChat together, MAU reached 697 million at the end of 2015, representing year-on-year growth of 39%. Official Accounts became a leading platform connecting users to content creators, merchants and advertisers. Weixin Pay also became increasingly popular. The volume of red envelopes e ...
... For Weixin and WeChat together, MAU reached 697 million at the end of 2015, representing year-on-year growth of 39%. Official Accounts became a leading platform connecting users to content creators, merchants and advertisers. Weixin Pay also became increasingly popular. The volume of red envelopes e ...
Does Privatization Affect Performance?
... PTCL overall financial performance and the share prices of the PTCL became volatile. This research study focuses on the dynamic aspects of privatization. Background of the Study As privatization is a global phenomenon, Eastern Europe and Russia have started moving their economies from state ownershi ...
... PTCL overall financial performance and the share prices of the PTCL became volatile. This research study focuses on the dynamic aspects of privatization. Background of the Study As privatization is a global phenomenon, Eastern Europe and Russia have started moving their economies from state ownershi ...
Convergence of Government Bond Yields in the
... in 1999, long-term government bond yields across the euro zone had largely converged to that of Germany (the euro zone’s largest economy). In general, the convergence of national yields to a stable level with reduced risk aids the overall economy, by allowing cheaper access to debt financing with le ...
... in 1999, long-term government bond yields across the euro zone had largely converged to that of Germany (the euro zone’s largest economy). In general, the convergence of national yields to a stable level with reduced risk aids the overall economy, by allowing cheaper access to debt financing with le ...
SOTHEBYS
... Under Sotheby’s standard payment terms, payments from buyers are due no more than 30 days from the sale date and consignor payments are made 35 days from the sale date. However, for specific collecting categories, extended payment terms are provided to buyers who are well-known to Sotheby’s in order ...
... Under Sotheby’s standard payment terms, payments from buyers are due no more than 30 days from the sale date and consignor payments are made 35 days from the sale date. However, for specific collecting categories, extended payment terms are provided to buyers who are well-known to Sotheby’s in order ...
Model Special Purpose Financial Statements
... In May 2015 the Government charged the Board of Taxation (BoT) with the task of leading the development of a code that promotes greater public disclosure of tax information by large corporates. The BoT released a consultation paper containing its preliminary findings and recommendations to Governmen ...
... In May 2015 the Government charged the Board of Taxation (BoT) with the task of leading the development of a code that promotes greater public disclosure of tax information by large corporates. The BoT released a consultation paper containing its preliminary findings and recommendations to Governmen ...
New trading risk indexes - The Department of Economics
... estimation method. As Dagum [1997] states, the one-way variance analysis is debatable since it is based on the following assumptions: (i) the observation are statically independent and (ii) the studied observation are normally distributed. Even if the normality enables one to involve losses and gain ...
... estimation method. As Dagum [1997] states, the one-way variance analysis is debatable since it is based on the following assumptions: (i) the observation are statically independent and (ii) the studied observation are normally distributed. Even if the normality enables one to involve losses and gain ...
The Term Structure of Interest Rates, Real Activity and Inflation
... supply. Aggregate demand is assumed to be a function of current income (Y) and the long real interest rate and is given by: ...
... supply. Aggregate demand is assumed to be a function of current income (Y) and the long real interest rate and is given by: ...
Full year 2008 preliminary results
... Cyprus and Greece, as well as increasing contribution from international operations is still being offset by competition induced compression in deposit spreads Cost: Operating expenses up 11% y/y to €591.2m and 3% higher ex-acquisitions, reflecting the impact of an effective cost management strategy ...
... Cyprus and Greece, as well as increasing contribution from international operations is still being offset by competition induced compression in deposit spreads Cost: Operating expenses up 11% y/y to €591.2m and 3% higher ex-acquisitions, reflecting the impact of an effective cost management strategy ...
Untitled - MalaysiaStock.Biz
... Dear Valued Shareholders, On behalf of the Board of Directors, it is my great pleasure to present the Group’s Annual Report and Financial Statements for the financial year ended 30 April 2009. ...
... Dear Valued Shareholders, On behalf of the Board of Directors, it is my great pleasure to present the Group’s Annual Report and Financial Statements for the financial year ended 30 April 2009. ...
ceos` Strategic Orientations
... company. Sixteen of the 17 companies are big, the remaining one of medium size. The companies represent a range of sectors, with nine production and eight service companies. Eight companies from the sample are distinctly export-oriented, while nine are distinctly focused on the Slovenian market. The ...
... company. Sixteen of the 17 companies are big, the remaining one of medium size. The companies represent a range of sectors, with nine production and eight service companies. Eight companies from the sample are distinctly export-oriented, while nine are distinctly focused on the Slovenian market. The ...
Active or Passive
... We found that active managers were generally more conservative and took less market risk than their passive benchmark indices, regardless of bull or bear markets. The average beta of all categories was 0.80 in bull markets and 0.81 in bear markets. The equity categories were found to have the highes ...
... We found that active managers were generally more conservative and took less market risk than their passive benchmark indices, regardless of bull or bear markets. The average beta of all categories was 0.80 in bull markets and 0.81 in bear markets. The equity categories were found to have the highes ...
Capital`s Long March West: Saving and Investment Frictions in
... assess when—and under which conditions—a convergence towards more sustainable patterns would be possible. Over the last decade, the literature disproportionately discussed that issue through the lens of US interests. At the onset of the “Great Rebalancing”, observers and experts increasingly laid th ...
... assess when—and under which conditions—a convergence towards more sustainable patterns would be possible. Over the last decade, the literature disproportionately discussed that issue through the lens of US interests. At the onset of the “Great Rebalancing”, observers and experts increasingly laid th ...
wells real estate investment trust, inc.
... On January 30, 1998, the Company commenced its initial public offering of up to 16.5 million shares of common stock at $10 per share pursuant to a Registration Statement on Form S-11 filed under the Securities Act of 1933. The Company commenced active operations on June 5, 1998. The Company terminat ...
... On January 30, 1998, the Company commenced its initial public offering of up to 16.5 million shares of common stock at $10 per share pursuant to a Registration Statement on Form S-11 filed under the Securities Act of 1933. The Company commenced active operations on June 5, 1998. The Company terminat ...
an econometric analysis of effect of changes in interest rates on
... various shocks in the economy. Food and energy price shocks are common examples of this type of inflation in Nigeria. A price of a commodity such as fuel may rise suddenly and sharply, relatively to other commodities prices response, may result to short term increase in overall prices Inflation in N ...
... various shocks in the economy. Food and energy price shocks are common examples of this type of inflation in Nigeria. A price of a commodity such as fuel may rise suddenly and sharply, relatively to other commodities prices response, may result to short term increase in overall prices Inflation in N ...
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.