Should the Government be in the Banking Business? The Role of
... have a large negative effect on the non-contractible quality of the good or service; (ii) there is limited scope for innovation in the production and delivery of the good or service; (iii) there is limited scope for competition or competition does not concern the non-contractible quality; (iv) reput ...
... have a large negative effect on the non-contractible quality of the good or service; (ii) there is limited scope for innovation in the production and delivery of the good or service; (iii) there is limited scope for competition or competition does not concern the non-contractible quality; (iv) reput ...
Turning Over a Golden Leaf? Global Liquidity and Emerging Market
... era when ‘plastic money’ and ‘electronic money’ are increasingly accepted as the norm for providing intermediation services, the role of precious commodity metals such as gold in central bank reserves remains a puzzle. During the post-crisis years, gold holdings of advanced economies fell in tandem ...
... era when ‘plastic money’ and ‘electronic money’ are increasingly accepted as the norm for providing intermediation services, the role of precious commodity metals such as gold in central bank reserves remains a puzzle. During the post-crisis years, gold holdings of advanced economies fell in tandem ...
On over Diversification in Operation Strategies
... . Actually, the strategy of diversification is one of the most important ways to get sustainable core competence [2]. Firstly, as the industry and the related products or services turn into the period of mature and recession gradually, the market become saturated and the profit margins begins to dec ...
... . Actually, the strategy of diversification is one of the most important ways to get sustainable core competence [2]. Firstly, as the industry and the related products or services turn into the period of mature and recession gradually, the market become saturated and the profit margins begins to dec ...
Financial Institutions Provisions
... ‘‘(IV) For any financial institution that received financial assistance provided under the TARP equal to $500,000,000 or more, the prohibition shall apply to the senior executive officers and at least the 20 next most highly-compensated employees, or such higher number as the Secretary may determine ...
... ‘‘(IV) For any financial institution that received financial assistance provided under the TARP equal to $500,000,000 or more, the prohibition shall apply to the senior executive officers and at least the 20 next most highly-compensated employees, or such higher number as the Secretary may determine ...
determining the risk free rate for regulated companies
... To summarise, the use of an interest rate of longer term than the regulatory period for setting output prices leads to two problems in a presence of a non-flat term structure. If the non-flat term structure is due to a liquidity premium, and therefore unpredictability in future spot rates, the use o ...
... To summarise, the use of an interest rate of longer term than the regulatory period for setting output prices leads to two problems in a presence of a non-flat term structure. If the non-flat term structure is due to a liquidity premium, and therefore unpredictability in future spot rates, the use o ...
FX swap market dislocations
... In this paper, we empirically investigate the dislocations in the FX swap market both before and after the failure of Lehman brothers under the turmoil across the euro/dollar (EUR/USD), Swiss franc/dollar (CHF/USD), and sterling/dollar (GBP/USD) currency pairs. We examine the degree to which the co ...
... In this paper, we empirically investigate the dislocations in the FX swap market both before and after the failure of Lehman brothers under the turmoil across the euro/dollar (EUR/USD), Swiss franc/dollar (CHF/USD), and sterling/dollar (GBP/USD) currency pairs. We examine the degree to which the co ...
Investment and saving Ch24 Economics Ch09 Macroeconomics
... D) an economy experiences a rapid increase in population 33) Technological change increases investment demand because it A) lowers the interest rate. B) can create new products. C) has little effect on production cost. D) decreases the need for additional equipment. 34) The investment demand curve s ...
... D) an economy experiences a rapid increase in population 33) Technological change increases investment demand because it A) lowers the interest rate. B) can create new products. C) has little effect on production cost. D) decreases the need for additional equipment. 34) The investment demand curve s ...
Franklin Floating Rate Daily Access Fund Summary Prospectus
... Floating interest rates vary with and are periodically adjusted to a generally recognized base interest rate such as the London Interbank Offered Rate (LIBOR) or the Prime Rate. The Fund may invest in companies whose financial condition is troubled or uncertain and that may be involved in bankruptcy ...
... Floating interest rates vary with and are periodically adjusted to a generally recognized base interest rate such as the London Interbank Offered Rate (LIBOR) or the Prime Rate. The Fund may invest in companies whose financial condition is troubled or uncertain and that may be involved in bankruptcy ...
Document
... payments from, or payable from distributions on, an admitted asset, a pool of admitted assets or specifically divisible cash flows which are legally transferred to a trust or another special purpose bankruptcy-remote business entity, on the following conditions: (A) The trust or other business entit ...
... payments from, or payable from distributions on, an admitted asset, a pool of admitted assets or specifically divisible cash flows which are legally transferred to a trust or another special purpose bankruptcy-remote business entity, on the following conditions: (A) The trust or other business entit ...
Report of the Commission of Experts of the President of the United
... 3. Past economic crises have had a disproportionate impact on the living standards of the world’s ...
... 3. Past economic crises have had a disproportionate impact on the living standards of the world’s ...
What`s changed in the international financial system and its
... illicit flows exit developing and transitional economies every year.21 The Tax Justice Network has estimated that wealthy individuals hold $11.5 trillion offshore in secrecy jurisdictions.22 Furthermore, Christian Aid estimates that developing countries lose around $160 billion each year in tax rev ...
... illicit flows exit developing and transitional economies every year.21 The Tax Justice Network has estimated that wealthy individuals hold $11.5 trillion offshore in secrecy jurisdictions.22 Furthermore, Christian Aid estimates that developing countries lose around $160 billion each year in tax rev ...
Trade, value chains and food security
... industries by looking specifically at production of value added, as well as level of integration into, global value chains (GVCs). The emergence of GVCs and new trade patterns suggests revision of strategies aimed at fostering competitiveness and of trade and development policies that can directly o ...
... industries by looking specifically at production of value added, as well as level of integration into, global value chains (GVCs). The emergence of GVCs and new trade patterns suggests revision of strategies aimed at fostering competitiveness and of trade and development policies that can directly o ...
CHART INDUSTRIES INC (Form: 8-K, Received: 07
... Sales for 2014 are now expected to be in a range of $1.22 to $1.27 billion, and diluted earnings per share are now expected to be in a range of $2.85 to $3.15 per diluted share, on approximately 31.0 million weighted average shares outstanding. This excludes any dilution impact resulting from the N ...
... Sales for 2014 are now expected to be in a range of $1.22 to $1.27 billion, and diluted earnings per share are now expected to be in a range of $2.85 to $3.15 per diluted share, on approximately 31.0 million weighted average shares outstanding. This excludes any dilution impact resulting from the N ...
A model of financialization of commodities
... to financialization. Moreover, their model is missing our novel spillover mechanism whereby shocks to cash flows of index assets get transmitted to nonindex, and so “financialization” in their model would not affect prices of nonindex assets. Another related theoretical study of an asset-class effect is ...
... to financialization. Moreover, their model is missing our novel spillover mechanism whereby shocks to cash flows of index assets get transmitted to nonindex, and so “financialization” in their model would not affect prices of nonindex assets. Another related theoretical study of an asset-class effect is ...
Enabling Climate Risk Management Along Agricultural Value Chains:
... activities and assessing different options for minimizing the negative impacts. With this analysis, they can engage in forward-looking and flexible planning processes (Africa Climate Change Resilience Alliance, n.d.) that maximize their business potential while taking climate risks into account. To ...
... activities and assessing different options for minimizing the negative impacts. With this analysis, they can engage in forward-looking and flexible planning processes (Africa Climate Change Resilience Alliance, n.d.) that maximize their business potential while taking climate risks into account. To ...
Dynamic Volatility Targeting
... Realized volatility on the S&P 500 Index reached 89% at the height of the global financial crisis in 2008. An investment in the S&P 500 Index started on 10 October 2007 would have experienced a 55% drawdown lasting 510 days from peak to trough and another 1,256 days to break even. Over the last five ...
... Realized volatility on the S&P 500 Index reached 89% at the height of the global financial crisis in 2008. An investment in the S&P 500 Index started on 10 October 2007 would have experienced a 55% drawdown lasting 510 days from peak to trough and another 1,256 days to break even. Over the last five ...
BANK OF JAMAICA Quarterly Monetary Policy Report
... international commodities are expected to show some reversals in the second half of the year, contributing to an increase in inflation. The forecast for the fiscal year also incorporated an adjustment in the National Minimum Wage as well as the increase in the special consumption tax (SCT) on petrol ...
... international commodities are expected to show some reversals in the second half of the year, contributing to an increase in inflation. The forecast for the fiscal year also incorporated an adjustment in the National Minimum Wage as well as the increase in the special consumption tax (SCT) on petrol ...
Chapter 16 -- Operating and Financial Leverage
... A single ratio value cannot be interpreted identically for all firms as some firms have greater debt capacity. ...
... A single ratio value cannot be interpreted identically for all firms as some firms have greater debt capacity. ...
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.