mmi14-Hoffmann 19104742 en
... into a position to correlate province-level patterns of external adjustment with a host of regional characteristics: i) the relative roles of private and state-owned enterprises (SOE) in the provincial economy, ii) measures of openness to international FDI and trade iii) industrial structure and sec ...
... into a position to correlate province-level patterns of external adjustment with a host of regional characteristics: i) the relative roles of private and state-owned enterprises (SOE) in the provincial economy, ii) measures of openness to international FDI and trade iii) industrial structure and sec ...
MiFID
... If we want a true internal market in financial services, with all the enormous benefits that will bring, we need investors large and small to be able to invest across borders easily and with confidence ...
... If we want a true internal market in financial services, with all the enormous benefits that will bring, we need investors large and small to be able to invest across borders easily and with confidence ...
World Asset Markets and the Global Financial Cycle
... results on flows are consistent with Fratzscher (2012) (who finds an important role for “push factors” in driving financial flows using high-frequency fund data), Forbes and Warnock (2012), Rey (2013), Bruno and Shin (2015a) and Cerutti et al. (2014), who relate aggregate flow data to push factors s ...
... results on flows are consistent with Fratzscher (2012) (who finds an important role for “push factors” in driving financial flows using high-frequency fund data), Forbes and Warnock (2012), Rey (2013), Bruno and Shin (2015a) and Cerutti et al. (2014), who relate aggregate flow data to push factors s ...
EUROPEAN COMMISSION Brussels, 22.2.2017 SWD(2017) 76 final
... Improving economic conditions and low interest rates are expected to support credit demand. Combined with the improving quality of banks' assets, this is set to result in mildly positive net credit flows. However, the nonperforming loans ratio remains high in comparison to other Member States. The n ...
... Improving economic conditions and low interest rates are expected to support credit demand. Combined with the improving quality of banks' assets, this is set to result in mildly positive net credit flows. However, the nonperforming loans ratio remains high in comparison to other Member States. The n ...
Chapter 9 - McGraw Hill Higher Education
... ‘Short-term debt’ is defined as debt due for repayment within a period of 12 months. ...
... ‘Short-term debt’ is defined as debt due for repayment within a period of 12 months. ...
Recovery in the Eurozone
... between the US and UK versus the Eurozone is due to the Quantitative Easing (QE) programmes undertaken by the former two countries. However, the evidence presented here shows that QE has a very limited effect on employment and output in the real economy. It does however have the negative side effect ...
... between the US and UK versus the Eurozone is due to the Quantitative Easing (QE) programmes undertaken by the former two countries. However, the evidence presented here shows that QE has a very limited effect on employment and output in the real economy. It does however have the negative side effect ...
View/Open
... correlation between the rate of returns under each marketing strategy must both be considered in determining the appropriate marketing strategy for an agricultural producer. If the optimal marketing strategy is affected by the producer's debt position, then past attempts to recommend marketing strat ...
... correlation between the rate of returns under each marketing strategy must both be considered in determining the appropriate marketing strategy for an agricultural producer. If the optimal marketing strategy is affected by the producer's debt position, then past attempts to recommend marketing strat ...
Excess demand and equilibration in multi-security financial
... that supplies and payoff distributions are known in an experimental context (because they are design features), making excess demand readily computable (up to an additive constant). In the field, neither supplies nor payoff distributions are known accurately and the exercises we perform in this artic ...
... that supplies and payoff distributions are known in an experimental context (because they are design features), making excess demand readily computable (up to an additive constant). In the field, neither supplies nor payoff distributions are known accurately and the exercises we perform in this artic ...
Folie 1 - Peter Knauer
... It is priviliged by its added value which consists in its advantage of liquidity. If one lends money, one remains the owner, but renounces for a time its advantage of liquidity; this is paid for by the net interest given to the owner, although the advantage of liquidity in reality is a public produc ...
... It is priviliged by its added value which consists in its advantage of liquidity. If one lends money, one remains the owner, but renounces for a time its advantage of liquidity; this is paid for by the net interest given to the owner, although the advantage of liquidity in reality is a public produc ...
Annual Report - San Francisco Employees` Retirement System
... death benefits to beneficiaries. Defined benefit plans are funded through employee and employer contributions and investment earnings. SFERS has a reciprocity agreement with CalPERS, California county retirement systems covered by the 1937 Act Retirement Law, and certain other local, independent ret ...
... death benefits to beneficiaries. Defined benefit plans are funded through employee and employer contributions and investment earnings. SFERS has a reciprocity agreement with CalPERS, California county retirement systems covered by the 1937 Act Retirement Law, and certain other local, independent ret ...
intermarket technical research of the us capital markets and the
... The paper measures product momentum correlations between the four leading global benchmarks Standard & Poor’s stock index, Thomson Reuters/Jefferies CRB index, 30-Year U.S. Treasury Bond Price index and Dollar Index and between these indices and the Czech stock PX index. Empirical results illustrate ...
... The paper measures product momentum correlations between the four leading global benchmarks Standard & Poor’s stock index, Thomson Reuters/Jefferies CRB index, 30-Year U.S. Treasury Bond Price index and Dollar Index and between these indices and the Czech stock PX index. Empirical results illustrate ...
LESSONS FROM FINANCIAL CRISIS: HAS ACCOUNTING IN
... negative net present values in order to avoid reported losses on sale or abandonment.11 This agency problem is reduced by conditional conservatism. Third, by delaying bad news, managers could compensate themselves excessively, which implies significant cost for shareholders. On the other hand, appli ...
... negative net present values in order to avoid reported losses on sale or abandonment.11 This agency problem is reduced by conditional conservatism. Third, by delaying bad news, managers could compensate themselves excessively, which implies significant cost for shareholders. On the other hand, appli ...
document - TradingFloor.com
... that a stock will be re-elected to our portfolio if it still is among the 15 most promising stocks based on the combined score. A stock that increases far more in price relative to other value stocks will probably have a short holding period. If the potential price appreciation has not materialised ...
... that a stock will be re-elected to our portfolio if it still is among the 15 most promising stocks based on the combined score. A stock that increases far more in price relative to other value stocks will probably have a short holding period. If the potential price appreciation has not materialised ...
EUROPEAN COMMISSION Brussels, 26.2.2016 SWD(2016) 88 final
... After four years of slow economic growth, the Austrian economy is expected to expand. Austria’s economy has been on a rather flat growth path since 2012, but the growth rate is projected to pick up from 0.7 % in 2015 to around 1½ % in 2016 and 2017. This acceleration is expected to be driven by priv ...
... After four years of slow economic growth, the Austrian economy is expected to expand. Austria’s economy has been on a rather flat growth path since 2012, but the growth rate is projected to pick up from 0.7 % in 2015 to around 1½ % in 2016 and 2017. This acceleration is expected to be driven by priv ...
Implementation of the Euro in the Czech Republic - UNYP E
... any other European country that they can join the market of coal and steel resources. (Dinan, 2007) This idea originally came from the Schuman’s friend, Jean Monet. That is why they are considered to be founders of the European Union. The Schuman Declaration was the first step of the European integr ...
... any other European country that they can join the market of coal and steel resources. (Dinan, 2007) This idea originally came from the Schuman’s friend, Jean Monet. That is why they are considered to be founders of the European Union. The Schuman Declaration was the first step of the European integr ...
Rising Interest Rates and Timberland Returns
... timberland investing became more accepted as an asset class. The point made here is that the current risk-adjusted return expectations for timberland investing are more inline on a risk/return basis with other asset classes (Figure 3). As timberland returns and risk have compressed in line with capi ...
... timberland investing became more accepted as an asset class. The point made here is that the current risk-adjusted return expectations for timberland investing are more inline on a risk/return basis with other asset classes (Figure 3). As timberland returns and risk have compressed in line with capi ...
Sources of Corporate Financing and Economic Crisis in
... financial and corporate sectors. The new regulatory system is now underway to induce the financial institutions to change their imprudent lending practices, and the capital market began to force the chaebols to correct their incentive structure. Supposedly, these post-crisis developments in Korea ha ...
... financial and corporate sectors. The new regulatory system is now underway to induce the financial institutions to change their imprudent lending practices, and the capital market began to force the chaebols to correct their incentive structure. Supposedly, these post-crisis developments in Korea ha ...
Migrant Remittances, Financial Globalization, and Exchange Rate
... countries” (with approximate GDP per capita between $1,000 and $3,500), a category that includes countries such as El Salvador, Indonesia, and Tunisia. The dramatic growth in remittances is particularly striking in comparison to other capital flows (Figure 1). Private debt and portfolio equity inves ...
... countries” (with approximate GDP per capita between $1,000 and $3,500), a category that includes countries such as El Salvador, Indonesia, and Tunisia. The dramatic growth in remittances is particularly striking in comparison to other capital flows (Figure 1). Private debt and portfolio equity inves ...
eDreams ODIGEO Quarter Ended March 31 2016 Results presentation
... measures because we believe that they are useful indicators of our financial performance and our ability to incur and service our indebtedness and can assist analysts, investors and other parties to evaluate our business. However, these measures should not be used instead of, or considered as altern ...
... measures because we believe that they are useful indicators of our financial performance and our ability to incur and service our indebtedness and can assist analysts, investors and other parties to evaluate our business. However, these measures should not be used instead of, or considered as altern ...
Avangrid, Inc. - corporate
... Installed capacity refers to the production capacity of a power plant or wind farm based either on its rated (nameplate) capacity or actual capacity. Joint Proposal refers to the Proposal, filed with the NYPSC on February 19, 2016 by NYSEG, RG&E and other signatory parties for a three-year rate plan ...
... Installed capacity refers to the production capacity of a power plant or wind farm based either on its rated (nameplate) capacity or actual capacity. Joint Proposal refers to the Proposal, filed with the NYPSC on February 19, 2016 by NYSEG, RG&E and other signatory parties for a three-year rate plan ...
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.