Empirical Determinants and Patterns of Research and Development
... Japan and the Republic of Korea, for instance, have among the highest R&D-spending-to-gross domesdic product (GDP) ratios in the world (World Bank Database, accessed July 2013). The People’s Republic of China (PRC) now invests nearly 1.7% of GDP in R&D, up from an average of less than 1% in the 1990 ...
... Japan and the Republic of Korea, for instance, have among the highest R&D-spending-to-gross domesdic product (GDP) ratios in the world (World Bank Database, accessed July 2013). The People’s Republic of China (PRC) now invests nearly 1.7% of GDP in R&D, up from an average of less than 1% in the 1990 ...
NORTHEAST BANCORP /ME/ (Form: 10
... This report contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, such as statements relating to the financial condition, prospective results of operations, future ...
... This report contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, such as statements relating to the financial condition, prospective results of operations, future ...
Modelling Financial Instability: A Survey of the
... was true of Japan in 1990, Scandinavia (Norway, Finland, and Sweden) in the 1980s, Mexico ...
... was true of Japan in 1990, Scandinavia (Norway, Finland, and Sweden) in the 1980s, Mexico ...
The Cost of Financial Frictions for Life Insurers
... Traditional theories of insurance markets assume that insurance companies operate in an efficient capital market and supply policies at actuarially fair prices. Consequently, the market equilibrium is primarily determined by the demand side, either by life-cycle demand (Yaari 1965) or by informationa ...
... Traditional theories of insurance markets assume that insurance companies operate in an efficient capital market and supply policies at actuarially fair prices. Consequently, the market equilibrium is primarily determined by the demand side, either by life-cycle demand (Yaari 1965) or by informationa ...
The Canadian Payments System: Recent Developments in Structure
... that transaction has settled or will settle no matter what else happens; ...
... that transaction has settled or will settle no matter what else happens; ...
american capital senior floating, ltd. - corporate
... Net decrease in net assets from capital transactions ...
... Net decrease in net assets from capital transactions ...
PDF
... Intuitively, we expect that the level of farm debt will decline with the age of the operator and increase with the number of acres under cultivation. Other variables tend to be less easy to sign a priori. Intuitively, increases in the level of government payments may signal agricultural that is les ...
... Intuitively, we expect that the level of farm debt will decline with the age of the operator and increase with the number of acres under cultivation. Other variables tend to be less easy to sign a priori. Intuitively, increases in the level of government payments may signal agricultural that is les ...
1 Describe the three phases of money laundering. What are the two
... financing risks they face. Then they should take appropriate measures to mitigate the identified risks. The risk‐based approach allows countries to target their limited resources in a targeted manner to their own particular circumstances, thereby increasing the efficiency of the preventative ...
... financing risks they face. Then they should take appropriate measures to mitigate the identified risks. The risk‐based approach allows countries to target their limited resources in a targeted manner to their own particular circumstances, thereby increasing the efficiency of the preventative ...
Intangible assets
... Increases its productive capacity (e.g. attainable production units) Increases its production efficiency (e.g., fewer raw materials) Or, increases the asset’s other economic benefits ...
... Increases its productive capacity (e.g. attainable production units) Increases its production efficiency (e.g., fewer raw materials) Or, increases the asset’s other economic benefits ...
For personal use only
... Expenditure included NZ$4.8 million investment in ongoing research and development. Of the NZ$4.8 million expenditure, NZ$2.9 million development expenditure has been capitalised as an intangible asset in the period to reflect that the Jetpack is in the development phase. At balance date, the Compan ...
... Expenditure included NZ$4.8 million investment in ongoing research and development. Of the NZ$4.8 million expenditure, NZ$2.9 million development expenditure has been capitalised as an intangible asset in the period to reflect that the Jetpack is in the development phase. At balance date, the Compan ...
Examiners` commentaries 2015
... information (i.e. earnings) and stock prices. They need to refer to the empirical evidence on this issue (e.g. Ball and Brown 1968), which can be found in Chapter 9 of the subject guide. Approaching the question Candidates should first discuss the usefulness of accounting information to capital mark ...
... information (i.e. earnings) and stock prices. They need to refer to the empirical evidence on this issue (e.g. Ball and Brown 1968), which can be found in Chapter 9 of the subject guide. Approaching the question Candidates should first discuss the usefulness of accounting information to capital mark ...
Focus Germany Further disappointments Deutsche Bank Research
... by almost 20% versus their June peak and around 15% yoy. We are forecasting oil prices to stay below USD 90/bbl in 2015, which implies a 15% decline versus the 2014 average. This should – ceteris paribus – provide a boost of a good ¼ pp to the global economy, as the savings in the oil-importing coun ...
... by almost 20% versus their June peak and around 15% yoy. We are forecasting oil prices to stay below USD 90/bbl in 2015, which implies a 15% decline versus the 2014 average. This should – ceteris paribus – provide a boost of a good ¼ pp to the global economy, as the savings in the oil-importing coun ...
Contents of the course - Solvay Brussels School
... A critique of the IMF approach – (5) The hypothesised cause of BOP problems • There is a concentration in the IMF programmes on demand deflation and financial market liberalisation. • The structuralist school; however, underlines other cause than those seen by the IMF. • Structuralists argue that d ...
... A critique of the IMF approach – (5) The hypothesised cause of BOP problems • There is a concentration in the IMF programmes on demand deflation and financial market liberalisation. • The structuralist school; however, underlines other cause than those seen by the IMF. • Structuralists argue that d ...
Rutter Associates
... a) Loans generate sufficient profit that they add shareholder value b) Loans do not add shareholder value by themselves; they are used as a way of establishing or maintaining a relationship with the client … but the loan product must be priced to produce a ...
... a) Loans generate sufficient profit that they add shareholder value b) Loans do not add shareholder value by themselves; they are used as a way of establishing or maintaining a relationship with the client … but the loan product must be priced to produce a ...
Developments and Issues in the Canadian Market
... firms with an alternative source of funding, potentially at lower cost than traditional sources. The alternatives include traditional commercial paper and bankers’ acceptances. Commercial ...
... firms with an alternative source of funding, potentially at lower cost than traditional sources. The alternatives include traditional commercial paper and bankers’ acceptances. Commercial ...
Economy of Iceland
... from 3½% in 2003 to 1.1% in the first half of 2007, wage drift increased significantly. This resulted in a rise in the wage index by more than 9% between annual averages in both 2006 and 2007. After hefty real wage growth over a period of several years, rising inflation in early 2008 has caused real wa ...
... from 3½% in 2003 to 1.1% in the first half of 2007, wage drift increased significantly. This resulted in a rise in the wage index by more than 9% between annual averages in both 2006 and 2007. After hefty real wage growth over a period of several years, rising inflation in early 2008 has caused real wa ...
FIT FOR THE FUTURE - N Brown Group plc
... a percentage margin reduction but importantly, cash margin increased after three to six months. Early results in JD Williams are in line with our expectations following past experience with Marisota, and customer feedback has been very positive. ...
... a percentage margin reduction but importantly, cash margin increased after three to six months. Early results in JD Williams are in line with our expectations following past experience with Marisota, and customer feedback has been very positive. ...
Fin 603 Week 11
... What is a Derivative Security? A security whose value is “derived” from something else, using a security, a collection of securities, or anything that has a price or probability attached to it Derivatives are primarily used to “shape risk” The three main kinds of derivative securities: • Futu ...
... What is a Derivative Security? A security whose value is “derived” from something else, using a security, a collection of securities, or anything that has a price or probability attached to it Derivatives are primarily used to “shape risk” The three main kinds of derivative securities: • Futu ...
New sight of herding behavioural trough trading volume
... investors may have also affecting volume and price. Herding is not necessarily the only one. Other psychological effects might be the effects of Anchoring, Disposition Effects, Confirmation bias, Representativeness and more. In addition, these effects may vary in terms of investor influence over dif ...
... investors may have also affecting volume and price. Herding is not necessarily the only one. Other psychological effects might be the effects of Anchoring, Disposition Effects, Confirmation bias, Representativeness and more. In addition, these effects may vary in terms of investor influence over dif ...
the relationships of new product development, product quality
... environment, improving new product development capabilities and development speed allows a company to seize business opportunities and obtain market leadership positions, improving performance. On the other hand, under moderate or low competition conditions, new product development capabilities, dev ...
... environment, improving new product development capabilities and development speed allows a company to seize business opportunities and obtain market leadership positions, improving performance. On the other hand, under moderate or low competition conditions, new product development capabilities, dev ...
HOW THE FLAWS OF BASEL II LED TO THE COLLAPSE OF BEAR
... advocates of this position assert that investment banks should be subject to the same regulatory oversight as any other business.16 Such oversight is often relaxed or entirely nonexistent. Nonetheless, every nation in the world subjects investment banks to some form of advanced regulatory supervisio ...
... advocates of this position assert that investment banks should be subject to the same regulatory oversight as any other business.16 Such oversight is often relaxed or entirely nonexistent. Nonetheless, every nation in the world subjects investment banks to some form of advanced regulatory supervisio ...
Central bank foreign reserves
... exchange-rate regime. A central bank operating a fixed exchangerate policy needs to trade domestic currency in the forex market to balance supply and demand, which will keep the exchange rate stable or, where applicable, within the fluctuation bands. To conduct such transactions, the central bank ne ...
... exchange-rate regime. A central bank operating a fixed exchangerate policy needs to trade domestic currency in the forex market to balance supply and demand, which will keep the exchange rate stable or, where applicable, within the fluctuation bands. To conduct such transactions, the central bank ne ...
Chapter 4
... Most small business have a times interest earned ratio in the 4 to 5 times range. How do we interpret that ratio? Most small businesses have total asset turnover (TATO) ratios greater than 2 times. Is a business okay with a TATO ratio of 1 time? How do we interpret a Gross Profit Margin of 46%? ...
... Most small business have a times interest earned ratio in the 4 to 5 times range. How do we interpret that ratio? Most small businesses have total asset turnover (TATO) ratios greater than 2 times. Is a business okay with a TATO ratio of 1 time? How do we interpret a Gross Profit Margin of 46%? ...
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.