Why Use a Fund for Your Core Fixed Income Allocation?
... dates are based on the NBER business cycle dates. The year next to each line shows the year of the expansion started. ...
... dates are based on the NBER business cycle dates. The year next to each line shows the year of the expansion started. ...
Analysis and Interpretation of Financial Statements
... financial statement item from one period to the next ...
... financial statement item from one period to the next ...
Warsaw, 28 November 2014 The Financial Stability Board Bank for
... in process of resolution regime - cooperation with authorities which are a non-CMG. However, the definition of resolution authorities outside CMG generates the consequences concerning composition of CMG. Point 3.1. of proposal recommend to assess the systemic presence of a G-SIFI’s operations in a ...
... in process of resolution regime - cooperation with authorities which are a non-CMG. However, the definition of resolution authorities outside CMG generates the consequences concerning composition of CMG. Point 3.1. of proposal recommend to assess the systemic presence of a G-SIFI’s operations in a ...
THE EFFECT OF LENDING INTEREST RATE ON ECONOMIC
... and in Kenya it’s the CBK rate. Darrat and Dickens (1999), argue that interest rate environment is important in the performance and the returns of any given investment. The CBK through the monetary policy and the bank rate has a very strong bearing on the performance of any sectors. Following intere ...
... and in Kenya it’s the CBK rate. Darrat and Dickens (1999), argue that interest rate environment is important in the performance and the returns of any given investment. The CBK through the monetary policy and the bank rate has a very strong bearing on the performance of any sectors. Following intere ...
Perspectives on OECD Economic Integration: Implications for U.S. Current Account Adjustment
... imagined, so that a current account shift of 4 to 5 percent of GDP still would have a significant impact on the relative price of U.S. and foreign goods, and can have enormous nominal exchange rate effects in the short run. Using a fairly simple but representative modern model of equilibrium exchang ...
... imagined, so that a current account shift of 4 to 5 percent of GDP still would have a significant impact on the relative price of U.S. and foreign goods, and can have enormous nominal exchange rate effects in the short run. Using a fairly simple but representative modern model of equilibrium exchang ...
Emerging Markets
... Following the cyclical collapse of 2008, earnings have grown very strongly, with the market expecting earnings growth of over 30% in 2010. More important for future returns is the long-term outlook for earnings per share, which is the return enjoyed by shareholders rather than the GDP growth that mo ...
... Following the cyclical collapse of 2008, earnings have grown very strongly, with the market expecting earnings growth of over 30% in 2010. More important for future returns is the long-term outlook for earnings per share, which is the return enjoyed by shareholders rather than the GDP growth that mo ...
Interest Rates and Monetary Policy Uncertainty
... how the monetary authority functions and are able to assess the usefulness of statements made by the monetary authority. Furthermore, the new monetary regime might have some characteristics which make it similar to an earlier monetary regime or to some foreign monetary regime. Finally, as time evolv ...
... how the monetary authority functions and are able to assess the usefulness of statements made by the monetary authority. Furthermore, the new monetary regime might have some characteristics which make it similar to an earlier monetary regime or to some foreign monetary regime. Finally, as time evolv ...
INTEGRATED ANNUAL REPORT 2015 - New Frontier
... stakeholders for the eight-month period from 1 January to 31 August 2015, following its listing on the SEM in November 2014 and JSE’s AltX in January 2015. ...
... stakeholders for the eight-month period from 1 January to 31 August 2015, following its listing on the SEM in November 2014 and JSE’s AltX in January 2015. ...
2nd Pillars under Attack: Lessons from the Financial Crisis
... Government will lose the possibility of a stable source of long term funding (buy-and-hold) Governments will have to rely more on foreign banks, which are openly trying to reduce their exposure to emerging Europe Banks will be unable to download their portfolios, low capital market ...
... Government will lose the possibility of a stable source of long term funding (buy-and-hold) Governments will have to rely more on foreign banks, which are openly trying to reduce their exposure to emerging Europe Banks will be unable to download their portfolios, low capital market ...
pension funds as new financial intermediaries
... Accordingly, we seek to elucidate the role of pension funds mainly in the context of the Merton and Bodie (1995) “functions of the financial system” framework, which is introduced in Section III. The functional approach, which encompasses the traditional approach to intermediation, provides a natura ...
... Accordingly, we seek to elucidate the role of pension funds mainly in the context of the Merton and Bodie (1995) “functions of the financial system” framework, which is introduced in Section III. The functional approach, which encompasses the traditional approach to intermediation, provides a natura ...
The Tragedy of the Mortgage Commons
... Thirty years ago, the standard amount of a down payment was 20 percent, although this could be lower if the homebuyer used a government insured loan, such as FHA or VA, or if he purchased insurance from a private company that would guarantee the loan to the bank if the homeowner defaulted on his pay ...
... Thirty years ago, the standard amount of a down payment was 20 percent, although this could be lower if the homebuyer used a government insured loan, such as FHA or VA, or if he purchased insurance from a private company that would guarantee the loan to the bank if the homeowner defaulted on his pay ...
Exercise: The New Economy
... The fed funds rate and the discount rate are two of the tools the Federal Reserve uses to set U.S. monetary policy. Let’s start by describing the more important of these two short-term interest rates—the fed funds rate. First, you should know that depository institutions are required by the Federal ...
... The fed funds rate and the discount rate are two of the tools the Federal Reserve uses to set U.S. monetary policy. Let’s start by describing the more important of these two short-term interest rates—the fed funds rate. First, you should know that depository institutions are required by the Federal ...
united states securities and exchange commission
... Other factors, including the risk factors discussed under Item 1A. of Piedmont’s Annual Report on Form 10-K for the year ended December 31, 2013. ...
... Other factors, including the risk factors discussed under Item 1A. of Piedmont’s Annual Report on Form 10-K for the year ended December 31, 2013. ...
QNA on Beyond 2020 is based on the OECD quarterly paper
... overlap’ method) the sum of the national previous year prices series. Specific GDP PPPs are calculated by the OECD for the euro area and the European Union as such and are used to convert data in Euros into US dollars. PPPs are rates of conversion that allow expressing different currencies in a comm ...
... overlap’ method) the sum of the national previous year prices series. Specific GDP PPPs are calculated by the OECD for the euro area and the European Union as such and are used to convert data in Euros into US dollars. PPPs are rates of conversion that allow expressing different currencies in a comm ...
Neonode, Inc (Form: 10-Q, Received: 08/09/2016 08:48:47)
... June 30, 2016 and December 31, 2015, respectively. Working capital (deficit) (current assets less current liabilities) was $(1.4 million) as of June 30, 2016 compared to $1.5 million as of December 31, 2015. In addition, the Company used cash in operating activities of approximately $(2.1 million) f ...
... June 30, 2016 and December 31, 2015, respectively. Working capital (deficit) (current assets less current liabilities) was $(1.4 million) as of June 30, 2016 compared to $1.5 million as of December 31, 2015. In addition, the Company used cash in operating activities of approximately $(2.1 million) f ...
C. Ad hoc guarantees - WTO Documents Online
... be used. In particular, as a general approach, risk could be assessed on the basis of a statistical analysis of commercial loans or credits made to borrowers with a similar credit rating or borrowing at similar interest rates to those paid by the borrower in question on non-guaranteed debt. Such an ...
... be used. In particular, as a general approach, risk could be assessed on the basis of a statistical analysis of commercial loans or credits made to borrowers with a similar credit rating or borrowing at similar interest rates to those paid by the borrower in question on non-guaranteed debt. Such an ...
An update on Eurokiwi and Uridashi bonds: Reserve Bank of New
... typical Eurokiwi or Uridashi issue. There are two borrowers: a New Zealand household or firm wishing to borrow New Zealand dollars through a New Zealand bank, and a highly rated foreign entity (the Eurokiwi issuer) that requires foreign currency funding. There are two sources of funds: the internatio ...
... typical Eurokiwi or Uridashi issue. There are two borrowers: a New Zealand household or firm wishing to borrow New Zealand dollars through a New Zealand bank, and a highly rated foreign entity (the Eurokiwi issuer) that requires foreign currency funding. There are two sources of funds: the internatio ...
The Zero Lower Bound, ECB Interest Rate Policy and the
... Adam and Billi (2005) reach a similar conclusion based on the expectations channel using a standard forward-looking New Keynesian model. At low interest rates, forward looking agents anticipate the possibility that future shocks might push the interest rate down to the ZLB. As a result, output and ...
... Adam and Billi (2005) reach a similar conclusion based on the expectations channel using a standard forward-looking New Keynesian model. At low interest rates, forward looking agents anticipate the possibility that future shocks might push the interest rate down to the ZLB. As a result, output and ...
The effects of US unconventional monetary policies in Latin America
... substantial pass-through of unconventional US monetary policy to EME bond yields but with larger heterogeneity than that observed in the transmission to advanced economies. Finally, more recent papers have focused specifically on the cross-border impact of the “tapering talk”. Market reaction to tal ...
... substantial pass-through of unconventional US monetary policy to EME bond yields but with larger heterogeneity than that observed in the transmission to advanced economies. Finally, more recent papers have focused specifically on the cross-border impact of the “tapering talk”. Market reaction to tal ...
Notice on Recording Write-down of Shares Held by Toshiba in an
... JSW to date remains in a severe condition, the value of the increased shares fell below the investment value, and it has been determined that the business is unlikely to recover in the immediate future. Accordingly, Toshiba has decided to record a write-down in its non-consolidated financial results ...
... JSW to date remains in a severe condition, the value of the increased shares fell below the investment value, and it has been determined that the business is unlikely to recover in the immediate future. Accordingly, Toshiba has decided to record a write-down in its non-consolidated financial results ...
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.