Discussion of
... Household Credit/GDP gap is a more important predictor of crises (in-sample) than Business Credit/GDP gap. Inclusion of Global Credit/GDP gap improves in-sample …t of model. “A tree’s risk of catching …re is usually small, except when the forest is ablaze.” –Jorda (IJCB 2011). Authors construct coun ...
... Household Credit/GDP gap is a more important predictor of crises (in-sample) than Business Credit/GDP gap. Inclusion of Global Credit/GDP gap improves in-sample …t of model. “A tree’s risk of catching …re is usually small, except when the forest is ablaze.” –Jorda (IJCB 2011). Authors construct coun ...
Personal Financial Planning for College Graduates
... about managing personal finances and poor skills in managing money can lead to detrimental living conditions, let alone realizing these great goals. As responded in a survey conducted by Ralph A. and Thomas S. (1991), some students were not interested in financial planning simply because they didn’t ...
... about managing personal finances and poor skills in managing money can lead to detrimental living conditions, let alone realizing these great goals. As responded in a survey conducted by Ralph A. and Thomas S. (1991), some students were not interested in financial planning simply because they didn’t ...
rising to the challenge
... Haymarket, which was identified by the Council for residential development with capacity for around 800 residential units. The two landowners involved in this location, EDI (the Council Development Company) and Grosvenor Developments, have taken the decision to pursue PRC rather than private sale on ...
... Haymarket, which was identified by the Council for residential development with capacity for around 800 residential units. The two landowners involved in this location, EDI (the Council Development Company) and Grosvenor Developments, have taken the decision to pursue PRC rather than private sale on ...
Long Term Risk - NCSU Statistics
... loss. Part of this spread is attributable to tax treatment of interest payments–perhaps 25 basis points. The balance, around 60 basis points, is therefore consistent with a risk-adjusted default probability that is around three times the historical default probability. ...
... loss. Part of this spread is attributable to tax treatment of interest payments–perhaps 25 basis points. The balance, around 60 basis points, is therefore consistent with a risk-adjusted default probability that is around three times the historical default probability. ...
Gabonese Republic
... Establishment of strict measures FCFA 190.1 bn ceiling on goods and services expenses Non-SOGARA subsidies and transfers capped at FCFA 152.3 bn Capital expenditures limited to FCFA 279.9 bn, of which FCFA 73. 6 bn to be externally drawn Difficult short-term fuel prices adjustment and need ...
... Establishment of strict measures FCFA 190.1 bn ceiling on goods and services expenses Non-SOGARA subsidies and transfers capped at FCFA 152.3 bn Capital expenditures limited to FCFA 279.9 bn, of which FCFA 73. 6 bn to be externally drawn Difficult short-term fuel prices adjustment and need ...
Global Brands - Frank Abenante (Download 2)
... frame; (iii) revenues following the merger may be lower than expected; (iv) projected divestitures, working capital improvements and tax rate optimization for the combined company may not be realised; (v) operating costs, customer loss and business disruption following the merger may be greater than ...
... frame; (iii) revenues following the merger may be lower than expected; (iv) projected divestitures, working capital improvements and tax rate optimization for the combined company may not be realised; (v) operating costs, customer loss and business disruption following the merger may be greater than ...
Costly Financial Intermediation in Neoclassical Growth Theory
... three key features of reality. The first feature is differences in bequest preferences, the second is an uncertain length of retirement, and the third is costly intermediation of borrowing and lending between households. This leads some households to buy costly annuities that make payments throughou ...
... three key features of reality. The first feature is differences in bequest preferences, the second is an uncertain length of retirement, and the third is costly intermediation of borrowing and lending between households. This leads some households to buy costly annuities that make payments throughou ...
Debt as Sweat: Labor, financial crises, and the globalization of capital
... when it exists, or official rate period average otherwise. The focus on the yearly data eliminates many occurrences of large monthly devaluation that are followed by reversals, but which do not show up as large yearly averages. This gives us 216 financial crisis in all. But given the limitations of ...
... when it exists, or official rate period average otherwise. The focus on the yearly data eliminates many occurrences of large monthly devaluation that are followed by reversals, but which do not show up as large yearly averages. This gives us 216 financial crisis in all. But given the limitations of ...
Strength of the Pound Sterling: Economy and
... exchange rates of the pound sterling and that the “value of sterling adjusts flexibly in response to economic conditions and market forces”.6 Under such a system the value of a given currency is the result of a set of complex relationships between various factors. This is one reason why currencies f ...
... exchange rates of the pound sterling and that the “value of sterling adjusts flexibly in response to economic conditions and market forces”.6 Under such a system the value of a given currency is the result of a set of complex relationships between various factors. This is one reason why currencies f ...
BBVA Bancomer
... This document contains or may contain forward looking statements (in the usual meaning and within the meaning of the US Private Securities Litigation Act of 1995) regarding intentions, expectations or projections of BBVA or of its management on the date thereof, that refer to miscellaneous aspects, ...
... This document contains or may contain forward looking statements (in the usual meaning and within the meaning of the US Private Securities Litigation Act of 1995) regarding intentions, expectations or projections of BBVA or of its management on the date thereof, that refer to miscellaneous aspects, ...
3359-3-01
... Except where prohibited by law, competitive bidding requirements of the university may be waived under limited and exceptional circumstances. Exceptional circumstances which warrant the waiver of competitive bidding include, but are not limited to, responding to emergencies resulting from fire, floo ...
... Except where prohibited by law, competitive bidding requirements of the university may be waived under limited and exceptional circumstances. Exceptional circumstances which warrant the waiver of competitive bidding include, but are not limited to, responding to emergencies resulting from fire, floo ...
KIMBERLY-CLARK CORPORATION 401(K)
... combination up to 4% of base salary are eligible for employer matching contributions. Employees that are new hires or re-hires are automatically enrolled in the Plan at a 6% 401(k) contribution rate. Company Match Safe Harbor contributions (“employer matching contributions”) are determined based upo ...
... combination up to 4% of base salary are eligible for employer matching contributions. Employees that are new hires or re-hires are automatically enrolled in the Plan at a 6% 401(k) contribution rate. Company Match Safe Harbor contributions (“employer matching contributions”) are determined based upo ...
The Efficient Market Hypothesis and its Critics
... investors do not realize excess returns. Quite the opposite – a sample of such investors suggests that such traders did far worse than buy-and-hold investors even during a period where there was clear statistical evidence of positive momentum. This is so because of the large transactions costs invol ...
... investors do not realize excess returns. Quite the opposite – a sample of such investors suggests that such traders did far worse than buy-and-hold investors even during a period where there was clear statistical evidence of positive momentum. This is so because of the large transactions costs invol ...
Thailand`s Thaksin: New Populism or Old Cronyism?
... point of view'.5 He emphasized his own successful business background, and contrasted it with the bureaucratic style of Chuan, the Democrat leader. He positioned Thai Rak Thai as a party of small and medium business which could lead Thailand to an economic revival through a mixture of entrepreneurs ...
... point of view'.5 He emphasized his own successful business background, and contrasted it with the bureaucratic style of Chuan, the Democrat leader. He positioned Thai Rak Thai as a party of small and medium business which could lead Thailand to an economic revival through a mixture of entrepreneurs ...
Annual Report - Pershing Square Capital Management
... period in the Investment Manager’s history, shows a 1.4% compound annual net return. This stands in sharp contrast to Pershing Square’s long-term track record of a 14.8% ii compound annual net return from its inception in 2004 through to the end of 2016. In 2016, a number of portfolio companies made ...
... period in the Investment Manager’s history, shows a 1.4% compound annual net return. This stands in sharp contrast to Pershing Square’s long-term track record of a 14.8% ii compound annual net return from its inception in 2004 through to the end of 2016. In 2016, a number of portfolio companies made ...
printmgr file - Goldman Sachs
... The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1 ...
... The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1 ...
jeopardy - Northern Highlands
... The process of earning interest on both the principal and also on any prior interest earned is known as _______. Compounding ...
... The process of earning interest on both the principal and also on any prior interest earned is known as _______. Compounding ...
The Integration of Eastern Europe - Effects on Stock and Bond Markets
... upon the EU entry of the Czech Republic, Poland and Hungary. Once the countries have become EU members, EMU entry will simply be a matter of time, and the further convergence of interest rates to euro area levels will be certain to occur. We expect that as EMU members the Czech Republic, Poland and ...
... upon the EU entry of the Czech Republic, Poland and Hungary. Once the countries have become EU members, EMU entry will simply be a matter of time, and the further convergence of interest rates to euro area levels will be certain to occur. We expect that as EMU members the Czech Republic, Poland and ...
Interest Rates and Your Portfolio Liquidity and Your Portfolio
... – Retired with risk of unexpected expenses – Net worth tied up in real estate – Underinsured ...
... – Retired with risk of unexpected expenses – Net worth tied up in real estate – Underinsured ...
ENDOLOGIX INC /DE/ (Form: 10-Q, Received: 07/31/2014 13:40:04)
... The accompanying Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and the rules and regulations of the U.S. Securities and Exchange Commission ("SE ...
... The accompanying Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP") and the rules and regulations of the U.S. Securities and Exchange Commission ("SE ...
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.