DOC - Europa.eu
... The volume of national support to the financial sector approved by the European Commission between October 2008 and October 2010 amounted to around € 4.5 trillion, the autumn State Aid Scoreboard shows. The amount actually taken up by banks in 20091 is around € 1.1 trillion. The bulk (76%) of this s ...
... The volume of national support to the financial sector approved by the European Commission between October 2008 and October 2010 amounted to around € 4.5 trillion, the autumn State Aid Scoreboard shows. The amount actually taken up by banks in 20091 is around € 1.1 trillion. The bulk (76%) of this s ...
Transparency, Financial Accounting Information, and Corporate
... economic outcomes. At the heart of theories connecting a welldeveloped financial sector with enhanced resource allocation and growth is the role of the financial sector in reducing information costs and transaction costs.4 Despite the central role of information costs in these theories, until recent ...
... economic outcomes. At the heart of theories connecting a welldeveloped financial sector with enhanced resource allocation and growth is the role of the financial sector in reducing information costs and transaction costs.4 Despite the central role of information costs in these theories, until recent ...
The Role of Private International Financial Capital Flows in Support
... Economic growth and development are critical issues for emerging market economies as they seek increase their standards of living. Financial globalization, innovation and international financial capital flows are prominent factors influencing macroeconomic stability and the pace of growth and develo ...
... Economic growth and development are critical issues for emerging market economies as they seek increase their standards of living. Financial globalization, innovation and international financial capital flows are prominent factors influencing macroeconomic stability and the pace of growth and develo ...
Volume 73 No. 4, December 2010 Contents
... The non-bank deposit taking (NBDT) sector comprises building societies, credit unions and finance companies. NBDTs can play an important role in the economy, providing services complementary to those provided by banks. In recent years, many finance companies have failed, resulting in a significant l ...
... The non-bank deposit taking (NBDT) sector comprises building societies, credit unions and finance companies. NBDTs can play an important role in the economy, providing services complementary to those provided by banks. In recent years, many finance companies have failed, resulting in a significant l ...
Effect of Leverage on Performance of Non
... shares when there is undervaluation. Consequently, fluctuations in stock prices affect firm capital structure. ...
... shares when there is undervaluation. Consequently, fluctuations in stock prices affect firm capital structure. ...
Free market in death? Europe`s new bail
... During the financial crisis, multiple government bail-outs of failing banks were necessary to prevent financial market meltdown. A legal framework to wind up banks effectively, quickly and without causing considerable contagion within the industry was missing. To protect taxpayers’ money in the futu ...
... During the financial crisis, multiple government bail-outs of failing banks were necessary to prevent financial market meltdown. A legal framework to wind up banks effectively, quickly and without causing considerable contagion within the industry was missing. To protect taxpayers’ money in the futu ...
AS 13 - CAalley.com
... with the value of a category of related current investments and not with each individual investment, and accordingly the investments may be carried at the lower of cost and fair value computed categorywise (i.e. equity shares, preference shares, convertible debentures, etc.). However, the more prude ...
... with the value of a category of related current investments and not with each individual investment, and accordingly the investments may be carried at the lower of cost and fair value computed categorywise (i.e. equity shares, preference shares, convertible debentures, etc.). However, the more prude ...
Tracking the business cycle - JP Morgan Asset Management
... in economic indicators, abstracting from temporary fluctuations in any one series. Troughs mark the beginning of expansions and peaks their end. The NBER approach, which involves considerable discretion, differs from commonly used journalistic rules of thumb, the most prominent of which equates rece ...
... in economic indicators, abstracting from temporary fluctuations in any one series. Troughs mark the beginning of expansions and peaks their end. The NBER approach, which involves considerable discretion, differs from commonly used journalistic rules of thumb, the most prominent of which equates rece ...
An Application on Merton Model in the Non
... 2 The Original Merton Model Over the last 4 decades, a large number of structural models which is one broad category of credit risk models have been developed to estimate and price credit risk. The philosophy of these models, which goes back to Black-Scholes and Merton, is to consider corporate liab ...
... 2 The Original Merton Model Over the last 4 decades, a large number of structural models which is one broad category of credit risk models have been developed to estimate and price credit risk. The philosophy of these models, which goes back to Black-Scholes and Merton, is to consider corporate liab ...
A European Financial Transaction Tax
... Secondly, we calculate the German revenue using the Commission’s assumptions on dynamic behavioural effects. For benchmark tax rates as put forward by the EU commission – 0,1 per cent for securities and 0,01 per cent for derivatives on each transaction leg – we find that the dynamic revenues applyin ...
... Secondly, we calculate the German revenue using the Commission’s assumptions on dynamic behavioural effects. For benchmark tax rates as put forward by the EU commission – 0,1 per cent for securities and 0,01 per cent for derivatives on each transaction leg – we find that the dynamic revenues applyin ...
The Real Effects of US Banking Deregulation
... delayed deregulation when banks could compete in the sale of insurance products. Interest group factors related to the relative strength of potential winners (large banks and small firms) and losers (small banks and the rival insurance firms) therefore can explain the timing of branching deregulati ...
... delayed deregulation when banks could compete in the sale of insurance products. Interest group factors related to the relative strength of potential winners (large banks and small firms) and losers (small banks and the rival insurance firms) therefore can explain the timing of branching deregulati ...
Inflation vs. Deflation (US vs. Europe/Japan)
... The overall conclusion was that the recovering U.S. economy will create wage pressures, and thus higher inflation in due course. This is less clearly the case in Europe, where the recovering is being slowed due to sovereign crises in the southern countries; and Japan where the verdict is still out o ...
... The overall conclusion was that the recovering U.S. economy will create wage pressures, and thus higher inflation in due course. This is less clearly the case in Europe, where the recovering is being slowed due to sovereign crises in the southern countries; and Japan where the verdict is still out o ...
CAPSTEAD MORTGAGE CORP (Form: 8-K, Received: 01
... “This translated into a fourth quarter book value decline of only 1.4% due to changes in unrealized gains and losses on the portfolio and interest rate swaps held for hedging purposes. As a result, our fourth quarter economic return (change in book value plus dividends) is expected to significantly ...
... “This translated into a fourth quarter book value decline of only 1.4% due to changes in unrealized gains and losses on the portfolio and interest rate swaps held for hedging purposes. As a result, our fourth quarter economic return (change in book value plus dividends) is expected to significantly ...
Rupee Depreciation: Probable Causes and Outlook
... current account deficits will be equal to capital inflows but in real world we could easily have a situation of excessive flows. So, some countries can have current account deficits and also a balance of payments surplus as capital inflows are higher than current account deficits. In this case, the ...
... current account deficits will be equal to capital inflows but in real world we could easily have a situation of excessive flows. So, some countries can have current account deficits and also a balance of payments surplus as capital inflows are higher than current account deficits. In this case, the ...
Fundamentals of Bond - RBC Wealth Management
... completeness. This information is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This information is furnished on the basis and understanding that neither the Member Companies nor its employees, agents, or information supp ...
... completeness. This information is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This information is furnished on the basis and understanding that neither the Member Companies nor its employees, agents, or information supp ...
Alternative Investment Fund Managers Directive (AIFMD) investor
... trust may be higher or lower than the underlying net asset value of the investments in its portfolio and there can be no certainty that there will be liquidity in the shares. The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and inve ...
... trust may be higher or lower than the underlying net asset value of the investments in its portfolio and there can be no certainty that there will be liquidity in the shares. The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and inve ...
simple lease example
... the “worst ones” at that) and increases non-current assets. Income statement: capital lease reduces income more in the early years of the lease. Cash flow statement: capital lease payments divided between operating activity and financing activity – operating leases are operating activities. ...
... the “worst ones” at that) and increases non-current assets. Income statement: capital lease reduces income more in the early years of the lease. Cash flow statement: capital lease payments divided between operating activity and financing activity – operating leases are operating activities. ...
Consumer Credit Business and the Financing Dilemma of SMBs
... 3.1 We should improve external circumstances to sustain the development of consumer credit. Firstly, we should change people’s concept of consumption by advertisement, create macro circumstances for consumer credit and increase employment and enhance the stability of employment by macro policy, crea ...
... 3.1 We should improve external circumstances to sustain the development of consumer credit. Firstly, we should change people’s concept of consumption by advertisement, create macro circumstances for consumer credit and increase employment and enhance the stability of employment by macro policy, crea ...
Student Financial Aid Code of Conduct
... food, refreshments, training, or informational material furnished to an employee of The University of Texas Rio Grande Valley as an integral part of a training session that is designed to improve the service of a lender, guarantor, or servicer of FFEL Program loans or private education loans to the ...
... food, refreshments, training, or informational material furnished to an employee of The University of Texas Rio Grande Valley as an integral part of a training session that is designed to improve the service of a lender, guarantor, or servicer of FFEL Program loans or private education loans to the ...
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.