
Information Asymmetry within Financial Markets and Corporate
... promoting the internal funding sources rather than the external ones. Most often, firms with large profits being made usually tend to have recourse and access to the preserved wealth rather than engaging in to debt practices to finance their investment projects and strategies. In fact, such a financ ...
... promoting the internal funding sources rather than the external ones. Most often, firms with large profits being made usually tend to have recourse and access to the preserved wealth rather than engaging in to debt practices to finance their investment projects and strategies. In fact, such a financ ...
macroeconomic factors of non-performing loans in commercial banks
... of loan applicants in decision-making is more important. When the financial condition of many debtors is acceptable and the macroeconomic factors are not considered enough, occasions for a credit boom arise. Kero (2013) has shown that credit booms are some of the best indicators of a financial crisi ...
... of loan applicants in decision-making is more important. When the financial condition of many debtors is acceptable and the macroeconomic factors are not considered enough, occasions for a credit boom arise. Kero (2013) has shown that credit booms are some of the best indicators of a financial crisi ...
Contents of this Attachment:
... Definition and Recognition Criteria used for Revenues Classifications to be used within the financial statements Application of classification system to all revenues Recognition of Investment Revenue (by type, for example interest and dividend/distribution revenue) Recognition of Revenue from the Pr ...
... Definition and Recognition Criteria used for Revenues Classifications to be used within the financial statements Application of classification system to all revenues Recognition of Investment Revenue (by type, for example interest and dividend/distribution revenue) Recognition of Revenue from the Pr ...
Cashflow Forecasting
... If the borrowing has an explicit interest cost, then put it in debt, if not leave it in Working Capital. If there is an explicit interest cost, it can be factored into the cost of capital more easily ...
... If the borrowing has an explicit interest cost, then put it in debt, if not leave it in Working Capital. If there is an explicit interest cost, it can be factored into the cost of capital more easily ...
Nigerian Real Estate - Lagos Chamber of Commerce
... Liquidity: REITs offer the most liquid way to invest in real estate. REIT shares are traded daily on a national exchange, so, unlike actual real estate, they can be bought and sold at any time. They provide long-term financing to property developers of real estate REITs are total return invest ...
... Liquidity: REITs offer the most liquid way to invest in real estate. REIT shares are traded daily on a national exchange, so, unlike actual real estate, they can be bought and sold at any time. They provide long-term financing to property developers of real estate REITs are total return invest ...
Financial Transaction Tax
... should be imposed on both primary and secondary market (financial) transactions or only on one of them. Primary market transactions relate to the issuance of the financial instruments, whereas secondary market transactions refer to the subsequent transfers of those instruments. One possibility would ...
... should be imposed on both primary and secondary market (financial) transactions or only on one of them. Primary market transactions relate to the issuance of the financial instruments, whereas secondary market transactions refer to the subsequent transfers of those instruments. One possibility would ...
Distribution Risk and Equity Returns
... sharing which gives rise to variation in factor shares. Section 3 reports the outcome of numerically solving the model and displays the impact of distribution risk in an economy with no other source of shocks. In Section 4 we add aggregate uncertainty. We show that the financial properties of the mo ...
... sharing which gives rise to variation in factor shares. Section 3 reports the outcome of numerically solving the model and displays the impact of distribution risk in an economy with no other source of shocks. In Section 4 we add aggregate uncertainty. We show that the financial properties of the mo ...
MBS Note
... – CPR grows 0.2% per month before the loan/pool reaches 30 month / 6% – Then CPR will stay flat at 6% for the remaining life of the loan/pool – CPR = 6% * min (t / 30, 1) ...
... – CPR grows 0.2% per month before the loan/pool reaches 30 month / 6% – Then CPR will stay flat at 6% for the remaining life of the loan/pool – CPR = 6% * min (t / 30, 1) ...
Christophe Andre: Housing Markets, Business Cycles and
... Over the past decade, households have increased their borrowing considerably, mainly to purchase homes, and their debt relative to disposable income has reached record levels in a number of countries (Table 2). As a result, the household sector may have become more vulnerable to adverse macroeconomi ...
... Over the past decade, households have increased their borrowing considerably, mainly to purchase homes, and their debt relative to disposable income has reached record levels in a number of countries (Table 2). As a result, the household sector may have become more vulnerable to adverse macroeconomi ...
Week in Focus How recessions actually evolve
... for a “considerable time” after asset purchases end. In recent weeks, significantly increased financial market volatility and signs of global economic weakening suggest that the Fed will be very careful in making changes to its communication, and is playing for time. We therefore believe that the FO ...
... for a “considerable time” after asset purchases end. In recent weeks, significantly increased financial market volatility and signs of global economic weakening suggest that the Fed will be very careful in making changes to its communication, and is playing for time. We therefore believe that the FO ...
Key Points WHY THE FOREIGN CURRENCY CRISIS IN PNG IS
... ernment can fix the problem, without blaming it for starting or exacerbating the current foreign exchange crisis. The government has often provided reasons why sufficient export revenues are not coming into PNG. The main one is that it signed agreements allowing mining, petroleum and gas companies t ...
... ernment can fix the problem, without blaming it for starting or exacerbating the current foreign exchange crisis. The government has often provided reasons why sufficient export revenues are not coming into PNG. The main one is that it signed agreements allowing mining, petroleum and gas companies t ...
(EPB) Enterprise Planning and Budgeting
... Control each plan’s time frame and level of detail Pick process tasks from a library Define process schedule and versions to retain Integrate to all data sources using open interface tables Create multidimensional crosstabs and graphs, covering historical, current and projected data Rota ...
... Control each plan’s time frame and level of detail Pick process tasks from a library Define process schedule and versions to retain Integrate to all data sources using open interface tables Create multidimensional crosstabs and graphs, covering historical, current and projected data Rota ...
Corporation
... Structured Notes •A debt security created when the issuer combines a typical bond or note with derivative. •Types of structured notes include : •Step up notes, coupon rate increases over time on a preset schedule. •Inverse Floaters, coupon rate increases when the reference rate decreases and decrea ...
... Structured Notes •A debt security created when the issuer combines a typical bond or note with derivative. •Types of structured notes include : •Step up notes, coupon rate increases over time on a preset schedule. •Inverse Floaters, coupon rate increases when the reference rate decreases and decrea ...
The European Financial Crisis
... over 22%.vi Although all of Europe is well aware that there is a problem, there is disagreement as to the causes and solutions. There has been discussion of the possibility of member states going bankrupt, and leaving either the Eurozone or the Union. In order to look for new insights into the crisi ...
... over 22%.vi Although all of Europe is well aware that there is a problem, there is disagreement as to the causes and solutions. There has been discussion of the possibility of member states going bankrupt, and leaving either the Eurozone or the Union. In order to look for new insights into the crisi ...
what is money?
... IOn, say Emily, taking our the loan. So from your initial deposit of $100 in cash, the economy now has $197 in checking account money. The borrower, Emily, pays $97 for some product or service by check, and the sell er, say Ace Computers, deposits the money in its checking account. The total amount ...
... IOn, say Emily, taking our the loan. So from your initial deposit of $100 in cash, the economy now has $197 in checking account money. The borrower, Emily, pays $97 for some product or service by check, and the sell er, say Ace Computers, deposits the money in its checking account. The total amount ...
C15.0021 Money, Banking, and Financial Markets
... On the last equation variance and leverage ratio would affect the risk premium. But NOTICE that the key variables are A, market value of assets, and asset risk 2 Neither of which are directly observable. An Option Model Example is given on page 237. The KMV model uses the OPM to extract the impli ...
... On the last equation variance and leverage ratio would affect the risk premium. But NOTICE that the key variables are A, market value of assets, and asset risk 2 Neither of which are directly observable. An Option Model Example is given on page 237. The KMV model uses the OPM to extract the impli ...
Ekonomicke rozhlady II_jun 2015_166x240.indd
... purchasing the enterprises’ and government’s securities, or directly investing the capital into business and beginning the own production process. Investing thus implies any action which has an acquisitive purpose – to offer an extra return to the owner. The business investments are considered as bu ...
... purchasing the enterprises’ and government’s securities, or directly investing the capital into business and beginning the own production process. Investing thus implies any action which has an acquisitive purpose – to offer an extra return to the owner. The business investments are considered as bu ...
Financial Stability, the Trilemma, and International Reserves
... shift toward more flexible exchange rate arrangements in 1973. Since 1999, reserve accumulation has accelerated sharply. Asian and some Latin American emerging markets, Japan among the industrial countries, and oil exporters, notably Russia, have been the primary drivers of this trend. Since 1990, t ...
... shift toward more flexible exchange rate arrangements in 1973. Since 1999, reserve accumulation has accelerated sharply. Asian and some Latin American emerging markets, Japan among the industrial countries, and oil exporters, notably Russia, have been the primary drivers of this trend. Since 1990, t ...
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.