
A Fair and Substantial Contribution by the Financial Sector
... This report responds to the request of the G-20 leaders for the IMF to: “...prepare a report for our next meeting [June 2010] with regard to the range of options countries have adopted or are considering as to how the financial sector could make a fair and substantial contribution toward paying for ...
... This report responds to the request of the G-20 leaders for the IMF to: “...prepare a report for our next meeting [June 2010] with regard to the range of options countries have adopted or are considering as to how the financial sector could make a fair and substantial contribution toward paying for ...
bonds and their valuation
... current earnings. If earnings are sufficient to pay only a portion of the interest, that portion usually is required to be paid, but if the corporation is able to pay the unearned balance out of its cash resources, it is of course free to do so. Redeeemable and Irredeemable Bonds: A redeemable deben ...
... current earnings. If earnings are sufficient to pay only a portion of the interest, that portion usually is required to be paid, but if the corporation is able to pay the unearned balance out of its cash resources, it is of course free to do so. Redeeemable and Irredeemable Bonds: A redeemable deben ...
pdf · 209.2 KB
... Operating profit grew 29% to € 632 million, representing an operating margin of 11.1%, up 0.9 percentage points versus the prior year. see Table 06 This development was due to the positive effect of lower other operating expenses as a percentage of sales, which more than offset the decline in gros ...
... Operating profit grew 29% to € 632 million, representing an operating margin of 11.1%, up 0.9 percentage points versus the prior year. see Table 06 This development was due to the positive effect of lower other operating expenses as a percentage of sales, which more than offset the decline in gros ...
Financial Market: May 2015
... data lessened confidence in the economy after the report on April 3 showed U.S. change in nonfarm payrolls plunged below 200K positions in March. Weak employment data set the tone of this month. Later, disappointing U.S. retail sale, industrial production, durable goods order, and existing home sale ...
... data lessened confidence in the economy after the report on April 3 showed U.S. change in nonfarm payrolls plunged below 200K positions in March. Weak employment data set the tone of this month. Later, disappointing U.S. retail sale, industrial production, durable goods order, and existing home sale ...
05. The Impact of Expense Shocks on the Financial Distress of
... on the home. Advances in home equity lending have also allowed borrowers to extract equity-financing more easily from their homes, and this market has expanded to the secondary market of cash-out refinancing at high interest rates. In the same vein, car purchasers have a greater number of finance ch ...
... on the home. Advances in home equity lending have also allowed borrowers to extract equity-financing more easily from their homes, and this market has expanded to the secondary market of cash-out refinancing at high interest rates. In the same vein, car purchasers have a greater number of finance ch ...
Can Low Interest Rates be Harmful: An Assessment of the Bank Risk
... introduction of the euro. They find that low interest rates affect the risk of bank loan portfolio in two opposing ways. In the short-term, low interest rates reduce the probability of default of the outstanding loans; in the medium term, however, banks act more aggressively, that is, they lend to b ...
... introduction of the euro. They find that low interest rates affect the risk of bank loan portfolio in two opposing ways. In the short-term, low interest rates reduce the probability of default of the outstanding loans; in the medium term, however, banks act more aggressively, that is, they lend to b ...
DOCUMENTOS DE TRABAJO Serie Economía CAPITAL CONTROLS AND THE COST OF DEBT
... address endogeneity directly. For instance, Mitton (2006) reports that the effect of stock market liberalization on firm performance is significantly stronger among firms that pay out lower dividends. Forbes (2007) shows that smaller firms experienced more significant financial constraints than lar ...
... address endogeneity directly. For instance, Mitton (2006) reports that the effect of stock market liberalization on firm performance is significantly stronger among firms that pay out lower dividends. Forbes (2007) shows that smaller firms experienced more significant financial constraints than lar ...
evolution of stock markets and role of stock exchange
... a nationwide trading facility and to enable investors spread all over the country to have an equal access to NSE. NSE has made it possible for an investor to access the same market and order book, irrespective of location, at the same price and at the same cost. NSE uses sophisticated telecommunicat ...
... a nationwide trading facility and to enable investors spread all over the country to have an equal access to NSE. NSE has made it possible for an investor to access the same market and order book, irrespective of location, at the same price and at the same cost. NSE uses sophisticated telecommunicat ...
Choice, Change, Challenge, and Opportunity
... Money, Real GDP, and the Price Level The Quantity Theory and the AS-AD Model The quantity theory of money can be interpreted in terms of the AS-AD model. In the long run, real GDP equals potential GDP and according to the AS-AD model, an increase in the quantity of money brings an equal percentage ...
... Money, Real GDP, and the Price Level The Quantity Theory and the AS-AD Model The quantity theory of money can be interpreted in terms of the AS-AD model. In the long run, real GDP equals potential GDP and according to the AS-AD model, an increase in the quantity of money brings an equal percentage ...
Extended Hours Trading Risk Disclosure Statement
... Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased ...
... Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased ...
Macroeconomic Policy Linkages to Agriculture
... downward pressure on the value of the dollar relative to foreign currencies. A decline in the value of the U.S. dollar effectively makes U.S. agricultural commodities less expensive in foreign markets. If U.S. commodities are less expensive in that market, the demand for U.S. exports increases. For ...
... downward pressure on the value of the dollar relative to foreign currencies. A decline in the value of the U.S. dollar effectively makes U.S. agricultural commodities less expensive in foreign markets. If U.S. commodities are less expensive in that market, the demand for U.S. exports increases. For ...
Fed Back in the Spotlight
... during which he observed that after a rise in yields that was exacerbated by a lack of liquidity, the ECB will be front-loading some of their bond-buying, getting ahead of their monthly EUR 60 billion buying rate to compensate for a slower rate of buying during the summer. Another important developm ...
... during which he observed that after a rise in yields that was exacerbated by a lack of liquidity, the ECB will be front-loading some of their bond-buying, getting ahead of their monthly EUR 60 billion buying rate to compensate for a slower rate of buying during the summer. Another important developm ...
Monetary Policy Spillovers and the Trilemma in the New Normal
... emerging market currency and bond markets in the wake of Fed Chairman Bernanke’s statements regarding the normalization of U.S. monetary policy, commonly termed the “taper tantrum”. Following close on the heels of complaints about unconventional monetary policy implementation in the preceding years, ...
... emerging market currency and bond markets in the wake of Fed Chairman Bernanke’s statements regarding the normalization of U.S. monetary policy, commonly termed the “taper tantrum”. Following close on the heels of complaints about unconventional monetary policy implementation in the preceding years, ...
Paper-14: Advanced Financial Management
... to India Infrastructure Finance Company Limited (IIFCL) Project is to increase the availability of long-term financing for infrastructure PPP projects. There are two components the project, the first component being long-term finance to infrastructure projects. This component will provide long-term ...
... to India Infrastructure Finance Company Limited (IIFCL) Project is to increase the availability of long-term financing for infrastructure PPP projects. There are two components the project, the first component being long-term finance to infrastructure projects. This component will provide long-term ...
Press Release - Wolters Kluwer
... “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forwardlooking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Fact ...
... “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forwardlooking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Fact ...
Glass-Steagall: Some Critical Reflections
... restrictions, purchase for its own account; and in U.S. obligations and general obligation municipals, it may deal, underwrite, or invest. Probably the statute was drafted with such particularity so as to be directed specifically at the abuses uncovered by the Pecora Investigation. Those abuses occu ...
... restrictions, purchase for its own account; and in U.S. obligations and general obligation municipals, it may deal, underwrite, or invest. Probably the statute was drafted with such particularity so as to be directed specifically at the abuses uncovered by the Pecora Investigation. Those abuses occu ...
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.