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... market indexes fell sharply in countries that suffered Sudden Stops. By the end of January 1995, nearly a month after the devaluation of the peso, Mexico’s stock market index had fallen by more than 50 percent in dollar terms relative to November 1, 1994. The indexes in Brazil and Argentina fell abo ...
... market indexes fell sharply in countries that suffered Sudden Stops. By the end of January 1995, nearly a month after the devaluation of the peso, Mexico’s stock market index had fallen by more than 50 percent in dollar terms relative to November 1, 1994. The indexes in Brazil and Argentina fell abo ...
Developments in the Euro Area Economy
... area is continuing. Growth in the final quarter of 2015 remained at 0.3 per cent. Despite conditions being in place for the cyclical recovery in the euro area economy to accelerate, it has so far not gained pace. Weak global demand conditions, notably in emerging market economies, remain a drag. Chi ...
... area is continuing. Growth in the final quarter of 2015 remained at 0.3 per cent. Despite conditions being in place for the cyclical recovery in the euro area economy to accelerate, it has so far not gained pace. Weak global demand conditions, notably in emerging market economies, remain a drag. Chi ...
Currency Exchange Risk in Renewable Energy
... With the cost of debt being such an important factor in the cost of renewable energy, an obvious question is: Can developing economies benefit by bringing in U.S. or European debt to finance renewable energy projects? Introduction As of 2013, renewable energy projects in the U.S. or Europe can secur ...
... With the cost of debt being such an important factor in the cost of renewable energy, an obvious question is: Can developing economies benefit by bringing in U.S. or European debt to finance renewable energy projects? Introduction As of 2013, renewable energy projects in the U.S. or Europe can secur ...
Methodology and results of the calculation of weighted average cost
... Lithuanian stock market data can be inconsistent and give incorrect results. For example, in the period from March 2000 to March 2008 Lithuanian stock market’s OMX index value rose from 101.66 to 492.15 (% change of +384.11), which means that the average return on shares was 21.8% per year5. These r ...
... Lithuanian stock market data can be inconsistent and give incorrect results. For example, in the period from March 2000 to March 2008 Lithuanian stock market’s OMX index value rose from 101.66 to 492.15 (% change of +384.11), which means that the average return on shares was 21.8% per year5. These r ...
Document
... Other Methods of Currency Exchange • Foreign exchange swaps: a combination of a spot sale with a forward repurchase. – Swaps allow parties to meet each other’s needs for a temporary amount of time and often cost less in fees than separate transactions. – For example, suppose Toyota receives $1 mill ...
... Other Methods of Currency Exchange • Foreign exchange swaps: a combination of a spot sale with a forward repurchase. – Swaps allow parties to meet each other’s needs for a temporary amount of time and often cost less in fees than separate transactions. – For example, suppose Toyota receives $1 mill ...
RELATIONSHIP BETWEEN MACROECONOMIC VARIABLES AND
... ratio (0.000<0.05) and Expense ratio (0.01<0.05) are statistically significant while Inflation rate (0.151>0.05), Exchange rate (0.169>0.05), Money Supply (0.696>0.05) and Size of the assets (0.412>0.05) with significance of more than 5% are not statistically significant. This reveals that x1, x5, x ...
... ratio (0.000<0.05) and Expense ratio (0.01<0.05) are statistically significant while Inflation rate (0.151>0.05), Exchange rate (0.169>0.05), Money Supply (0.696>0.05) and Size of the assets (0.412>0.05) with significance of more than 5% are not statistically significant. This reveals that x1, x5, x ...
The Democratization of Credit and the Rise in Consumer Bankruptcies
... February 28, 2014 Abstract Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions: asymmetric information about borrowers’ risk of default and a fixed cost of developing e ...
... February 28, 2014 Abstract Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions: asymmetric information about borrowers’ risk of default and a fixed cost of developing e ...
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... The enormous and rapidly widening U.S. current account deficit has been the topic of intense debate in academic and policy circles. As shown in Figure 1, the 2004 ratio of 5.7 percentage points of GDP is high by historical standards, and as documented by Edwards, high in comparison to other develope ...
... The enormous and rapidly widening U.S. current account deficit has been the topic of intense debate in academic and policy circles. As shown in Figure 1, the 2004 ratio of 5.7 percentage points of GDP is high by historical standards, and as documented by Edwards, high in comparison to other develope ...
Springleaf Holdings, Inc.
... debt by rating agencies; and other risks described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission on March 16, 2015. Forward-looking statements involve known and unknown risks, uncertai ...
... debt by rating agencies; and other risks described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission on March 16, 2015. Forward-looking statements involve known and unknown risks, uncertai ...
Organizational capital and firm performance. Empirical
... Estimation results of output elasticities are reported in Table 1. They show that, for both the samples and across all the different specifications, labour and OC have the highest elasticities. In both the models (levels and FD) and for both the samples, the translog function provides a better descr ...
... Estimation results of output elasticities are reported in Table 1. They show that, for both the samples and across all the different specifications, labour and OC have the highest elasticities. In both the models (levels and FD) and for both the samples, the translog function provides a better descr ...
Choices and Best Practice in Corporate Risk Management Disclosure
... expresses the potential loss in future earnings, fair values, or cash flows that could result from selected hypothetical changes in market rates and prices. Companies are required to provide a description of the model, assumptions, and parameters used. The disclosure provided by United Parcel Servic ...
... expresses the potential loss in future earnings, fair values, or cash flows that could result from selected hypothetical changes in market rates and prices. Companies are required to provide a description of the model, assumptions, and parameters used. The disclosure provided by United Parcel Servic ...
How to Read a Value Line Report
... Ratings & Reports is the core of The Value Line Investment Survey with one-page reports on approximately 1,700 companies and one-page reports on approximately 100 industries. The company reports contain Timeliness™, Safety™ and Technical ranks, our 3- to 5-year forecasts for stock prices, income and ...
... Ratings & Reports is the core of The Value Line Investment Survey with one-page reports on approximately 1,700 companies and one-page reports on approximately 100 industries. The company reports contain Timeliness™, Safety™ and Technical ranks, our 3- to 5-year forecasts for stock prices, income and ...
Jeremy Siegel, Rob Arnott and Other Experts Forecast Equity Returns
... handful of new people added to the mix. Our intent was to revisit the previous forecasts, offer new ones, and turn the resulting discussion into a book, which has now been published by the CFA Institute’s Research Foundation under the title, Rethinking the Equity Risk Premium. It is available as a f ...
... handful of new people added to the mix. Our intent was to revisit the previous forecasts, offer new ones, and turn the resulting discussion into a book, which has now been published by the CFA Institute’s Research Foundation under the title, Rethinking the Equity Risk Premium. It is available as a f ...
How Does Foreign Direct Investment Promote Economic Growth
... that in the absence of linkages, foreign investments could have limited or even negative effects in an economy (the so-called enclave economies). ...
... that in the absence of linkages, foreign investments could have limited or even negative effects in an economy (the so-called enclave economies). ...
Third Quarter International Markets Review and Outlook
... Chinese companies with more attractive valuations. Many of these companies have been on our “wish list” for some time. They are outstanding businesses we’ve wanted to own for years, but they’ve been much too expensive until recently, when their valuations reached levels at which it made sense for us ...
... Chinese companies with more attractive valuations. Many of these companies have been on our “wish list” for some time. They are outstanding businesses we’ve wanted to own for years, but they’ve been much too expensive until recently, when their valuations reached levels at which it made sense for us ...
BUAD 611 – Managerial Finance
... 10- You are responsible for labor relations in your company. During heated labor negotiations, the general secretary of your largest union exclaims, “Look, this company has a $1 billion worth of assets, $500 million worth of equity, and made a profit last year of $40 million-due largely, I might add ...
... 10- You are responsible for labor relations in your company. During heated labor negotiations, the general secretary of your largest union exclaims, “Look, this company has a $1 billion worth of assets, $500 million worth of equity, and made a profit last year of $40 million-due largely, I might add ...
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.