Doing Growth Diagnostics in Practice: A Mindbook
... 1: Identifying the Constraints to Growth The growth diagnostic approach is based on the idea that there may be many reasons why an economy does not grow, but each reason generates a distinctive set of symptoms. These symptoms can become the basis of a differential diagnostic in which the analyst tr ...
... 1: Identifying the Constraints to Growth The growth diagnostic approach is based on the idea that there may be many reasons why an economy does not grow, but each reason generates a distinctive set of symptoms. These symptoms can become the basis of a differential diagnostic in which the analyst tr ...
THE FED THE FED THE FED
... Summary of the Evolution Phase1 : Efforts to provide short-term funding to the ...
... Summary of the Evolution Phase1 : Efforts to provide short-term funding to the ...
Does the Market Discipline Banks? New Evidence from
... issued largely by Bank Holding Companies. The authors found that spreads are sensitive to measures of leverage, accruing loans past due, and real estate holdings of the holding company, but that this relationship is strongest with more recent data. These findings were largely confirmed by DeYoun ...
... issued largely by Bank Holding Companies. The authors found that spreads are sensitive to measures of leverage, accruing loans past due, and real estate holdings of the holding company, but that this relationship is strongest with more recent data. These findings were largely confirmed by DeYoun ...
House Prices, Interest Rates and Macroeconomic Fluctuations: International Evidence
... country by country to develop systematic cross-country evidence on the importance of shocks to house prices, stock prices, real activity and monetary policy. Our work focuses on a different dimension of the data by using the dynamic factor structure to exploit commonalities across countries to bette ...
... country by country to develop systematic cross-country evidence on the importance of shocks to house prices, stock prices, real activity and monetary policy. Our work focuses on a different dimension of the data by using the dynamic factor structure to exploit commonalities across countries to bette ...
Government Debt
... The general government13 sector in the EU includes all public firms that are no-market producers, and cannot cover at least 50 percent of costs through sales. General government gross debt refers to the short-and long-term debt of all institutions in the general government sector. This is the “Maast ...
... The general government13 sector in the EU includes all public firms that are no-market producers, and cannot cover at least 50 percent of costs through sales. General government gross debt refers to the short-and long-term debt of all institutions in the general government sector. This is the “Maast ...
A Partial Internal Model for Credit and Market Risk Under Solvency II
... Liquidity risk is typically ignored when analysing underwriting risks, since policyholders do not have the same rights as depositors of a bank. For example, policyholders often have to pay compensation for an early revocation or withdrawal of the contract. However, as Lorent (2008) argues, over the ...
... Liquidity risk is typically ignored when analysing underwriting risks, since policyholders do not have the same rights as depositors of a bank. For example, policyholders often have to pay compensation for an early revocation or withdrawal of the contract. However, as Lorent (2008) argues, over the ...
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... of institutional investors. A simple inspection of the data reveals that European countries increased their holdings of euro area international assets (as a share of their total international portfolio). Over the 1997-2003 period, the share of intra-euro area allocation increased markedly by 10 perc ...
... of institutional investors. A simple inspection of the data reveals that European countries increased their holdings of euro area international assets (as a share of their total international portfolio). Over the 1997-2003 period, the share of intra-euro area allocation increased markedly by 10 perc ...
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... Sunspot equilibria have previously been studied in one-sector dynamic equilibrium models with external e¤ects or monopolistic competition coupled with some degree of increasing returns.4 In one-sector models with increasing returns, if all agents simultaneously decide, based on a nonfundamental beli ...
... Sunspot equilibria have previously been studied in one-sector dynamic equilibrium models with external e¤ects or monopolistic competition coupled with some degree of increasing returns.4 In one-sector models with increasing returns, if all agents simultaneously decide, based on a nonfundamental beli ...
GOLDEN STAR RESOURCES LTD (Form: 10-Q/A
... stripping rates at Bogoso/Prestea, equipment replacement at Wassa, our expansion plans for Bogoso/Prestea and related permitting and capital costs, cash requirements and sources, production capacity, operating costs and gold recoveries. The following, in addition to the factors described under "Risk ...
... stripping rates at Bogoso/Prestea, equipment replacement at Wassa, our expansion plans for Bogoso/Prestea and related permitting and capital costs, cash requirements and sources, production capacity, operating costs and gold recoveries. The following, in addition to the factors described under "Risk ...
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... move together over time across assets and markets. The study of volatility transmission has long been a challenge to both academic and practitioners. Transmission mechanisms between volatilities of different markets and assets are important for a number of reasons. First, transmission mechanisms may ...
... move together over time across assets and markets. The study of volatility transmission has long been a challenge to both academic and practitioners. Transmission mechanisms between volatilities of different markets and assets are important for a number of reasons. First, transmission mechanisms may ...
Economic Prospects and Policy Challenges for the GCC
... vulnerable to the risk of secular stagnation-an extended shortfall in private demand leading to permanently lower growth and low inflation. A protracted period of weak inflation in advanced economies risks unmooring inflation expectations, causing expected real interest rates to rise and spending to ...
... vulnerable to the risk of secular stagnation-an extended shortfall in private demand leading to permanently lower growth and low inflation. A protracted period of weak inflation in advanced economies risks unmooring inflation expectations, causing expected real interest rates to rise and spending to ...
Serbia (B1/BB-/B+)
... driven by net exports and EU funds-related government spending. The external sector benefits the most from the world energy prices decline, the high exposure to the EA, the main trade partner of the country, increases the vulnerability of the country in the case of an incipient EA downturn. On the n ...
... driven by net exports and EU funds-related government spending. The external sector benefits the most from the world energy prices decline, the high exposure to the EA, the main trade partner of the country, increases the vulnerability of the country in the case of an incipient EA downturn. On the n ...
Do Accounting Changes Affect the Economic Behavior of Financial
... disentangling the effects of capital regulation and market discipline. In discussing this literature, Furfine (2000) states that these papers lend support to the notion that “capital regulation, broadly speaking, can significantly influence bank decision-making. These results … suggest that any deba ...
... disentangling the effects of capital regulation and market discipline. In discussing this literature, Furfine (2000) states that these papers lend support to the notion that “capital regulation, broadly speaking, can significantly influence bank decision-making. These results … suggest that any deba ...
Integrated reporting
... primarily for the providers of financial capital to help inform their decision-making regarding financial capital allocations. Matters not related to finance or governance also impact on the ability of KCB to create value over the short, medium and long term. These matters, be they social or environ ...
... primarily for the providers of financial capital to help inform their decision-making regarding financial capital allocations. Matters not related to finance or governance also impact on the ability of KCB to create value over the short, medium and long term. These matters, be they social or environ ...
ESTIMATION OF VALUE AT RISK: EXTREME VALUE AND
... VaR methods, no assumptions are made about the nature of the original distribution of all the observations. This theory emphasises the modeling of rare events, mostly events with a low frequency but a high impact. Common practice is to characterize the size and frequency of such extreme events mainl ...
... VaR methods, no assumptions are made about the nature of the original distribution of all the observations. This theory emphasises the modeling of rare events, mostly events with a low frequency but a high impact. Common practice is to characterize the size and frequency of such extreme events mainl ...
Lazard Emerging Markets Debt
... would negatively affect major emerging markets economies such as Mexico and China ...
... would negatively affect major emerging markets economies such as Mexico and China ...
- TestbankU
... supply of funds because it may encourage saving (there is less concern to purchase goods before prices rise when inflationary expectations are reduced). In addition, foreign investors may invest more funds in the United States if they expect the dollar to strengthen, because that could increase thei ...
... supply of funds because it may encourage saving (there is less concern to purchase goods before prices rise when inflationary expectations are reduced). In addition, foreign investors may invest more funds in the United States if they expect the dollar to strengthen, because that could increase thei ...
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.