
Chapter 3. Securities Markets
... Margin is the net worthof the investor`s account and describes securities purchased with money borrowed in part from a broker. When purchasing securities, investors have easy access to a source of debt financing called broker`s call loans . Thus, this process is called buying on margin. In the sense ...
... Margin is the net worthof the investor`s account and describes securities purchased with money borrowed in part from a broker. When purchasing securities, investors have easy access to a source of debt financing called broker`s call loans . Thus, this process is called buying on margin. In the sense ...
analysis of problematics related to the stock market in albania
... which firms and individuals use primarily to store funds for short periods of time until a more important need or a more productive use for the funds arises, and the capital markets for securities with an original maturity that is greater than one year. These securities include bonds, stocks, and mo ...
... which firms and individuals use primarily to store funds for short periods of time until a more important need or a more productive use for the funds arises, and the capital markets for securities with an original maturity that is greater than one year. These securities include bonds, stocks, and mo ...
The Great Contraction of 2008 in historical perspective: macro/micro, unit/system
... which turned out to be questionable The Micro View: The micro interpretation stresses the elements of regulation and practices which made their own powerful contribution to the result. The strong version of this blames the crisis on the micro incentive of a number of players in the system to underta ...
... which turned out to be questionable The Micro View: The micro interpretation stresses the elements of regulation and practices which made their own powerful contribution to the result. The strong version of this blames the crisis on the micro incentive of a number of players in the system to underta ...
The Sequence of Capital Account Liberalization: a Microcosmic Model
... H2: The information of the foreign exchange short seller and domestic lender is independent; H3: The participants invoke no-arbitrage on their foreign exchange; H4: The government can observe the macroeconomic fundamentals a and the quantity S exchanged by the foreign exchange short seller. Here, a ...
... H2: The information of the foreign exchange short seller and domestic lender is independent; H3: The participants invoke no-arbitrage on their foreign exchange; H4: The government can observe the macroeconomic fundamentals a and the quantity S exchanged by the foreign exchange short seller. Here, a ...
OPIC Presentation
... social and economic development effects • Complement the private sector and capital markets • Assure that the projects it supports are consistent with sound environmental and ...
... social and economic development effects • Complement the private sector and capital markets • Assure that the projects it supports are consistent with sound environmental and ...
High-Yield Emerging Markets Corporate Bonds
... Source: FactSet. Fixed income investments have interest rate risk, which refers to the risk that bond prices generally fall as interest rates rise. Prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets ...
... Source: FactSet. Fixed income investments have interest rate risk, which refers to the risk that bond prices generally fall as interest rates rise. Prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets ...
File
... • It occurs when a business first sells all or part of its business to external investors (shareholders) • Company gets listed on a stock exchange • Helps generate additional sources of finance ...
... • It occurs when a business first sells all or part of its business to external investors (shareholders) • Company gets listed on a stock exchange • Helps generate additional sources of finance ...
1 Credit Constraints, Organizational Choice, and Returns to Capital
... between k N and k (the maximal available capital). Under a more realistic scenario, suppose that the large firms can obtain credit from banks through collateral. Because their internal rates of returns to scale are higher than the borrowing cost, they will expand their production with a possibility ...
... between k N and k (the maximal available capital). Under a more realistic scenario, suppose that the large firms can obtain credit from banks through collateral. Because their internal rates of returns to scale are higher than the borrowing cost, they will expand their production with a possibility ...
Monetary Policy Spillovers and the Trilemma in the - UW
... also tested the linkages of stock market price changes and the sovereign bond spread between the center and non-center economies. However, the results are much less robust or yield fewer insightss at times. Hence, we omit reporting and discussing the results, though they can be found in our working ...
... also tested the linkages of stock market price changes and the sovereign bond spread between the center and non-center economies. However, the results are much less robust or yield fewer insightss at times. Hence, we omit reporting and discussing the results, though they can be found in our working ...
Strategic Noise in Competitive Markets for the Sale of Information
... to the signals he sells in order to reduce the sensitivity of prices to trades. They assume that the precision of the signal is contractible, and analyse contracts whereby the fees paid to the seller of information are a function of this precision. This is different from this paper where the remuner ...
... to the signals he sells in order to reduce the sensitivity of prices to trades. They assume that the precision of the signal is contractible, and analyse contracts whereby the fees paid to the seller of information are a function of this precision. This is different from this paper where the remuner ...
Syncretism: The Politics of Japan`s Financial Reforms
... diversified financial system that has retained some of the features of a nonliberal system, adopted some features of an Anglo-American system, and also created some new practices that are distinct from any pre-existing systems. This non-convergence, in a form we term syncretism, has actually shielde ...
... diversified financial system that has retained some of the features of a nonliberal system, adopted some features of an Anglo-American system, and also created some new practices that are distinct from any pre-existing systems. This non-convergence, in a form we term syncretism, has actually shielde ...
Working with the European Bankfor Reconstruction and
... Exact financing terms are defined by specific project circumstances ...
... Exact financing terms are defined by specific project circumstances ...
The Financial Holding Company (FHC)
... locations, including a head office and one or more fullservice branch offices ▫ Senior management of a branching organization is usually located at the home office, though each fullservice branch has its own management team with limited authority to make decisions McGraw-Hill/Irwin Bank Management a ...
... locations, including a head office and one or more fullservice branch offices ▫ Senior management of a branching organization is usually located at the home office, though each fullservice branch has its own management team with limited authority to make decisions McGraw-Hill/Irwin Bank Management a ...
Davidson on Keynes: the open economy dimension
... the “golden age” of capitalist growth. The United States began to play this role through its Marshall Plan aid, which not only helped to rebuild war-torn economies, but also helped to avert a postwar depression in the late 1940s. Then, as a large creditor nation, the United States was able to increa ...
... the “golden age” of capitalist growth. The United States began to play this role through its Marshall Plan aid, which not only helped to rebuild war-torn economies, but also helped to avert a postwar depression in the late 1940s. Then, as a large creditor nation, the United States was able to increa ...
ING Belgium International Finance (Luxembourg)
... invested capital. a certain amount at Maturity. In case of bankruptcy or payment default of the Issuer and/or the Guarantor, the investor risks losing the amounts to which he would have been entitled as well as the invested capital. This instrument is reserved for clients with sufficient experience ...
... invested capital. a certain amount at Maturity. In case of bankruptcy or payment default of the Issuer and/or the Guarantor, the investor risks losing the amounts to which he would have been entitled as well as the invested capital. This instrument is reserved for clients with sufficient experience ...
2 GOVERNMENT BORROWING FROM THE BANKING SYSTEM
... account or a set of linked accounts through which the government can manage all transactions (receipts and payments). While it is important to distinguish every cash transaction, this purpose is achieved through accounting transactions and not by holding or depositing cash in transaction specific ac ...
... account or a set of linked accounts through which the government can manage all transactions (receipts and payments). While it is important to distinguish every cash transaction, this purpose is achieved through accounting transactions and not by holding or depositing cash in transaction specific ac ...
Wynne Godley’s short CV
... because it leads to an enlargement of the capital stock, raises prdductivity, the US growth rate etc. etc. This argument was made clearly, explicitly (and influentially) by Herbert Stein in an article published in the Wall Street Journal on 16 May 1989 ("Don't worry about the trade deficit"). Accord ...
... because it leads to an enlargement of the capital stock, raises prdductivity, the US growth rate etc. etc. This argument was made clearly, explicitly (and influentially) by Herbert Stein in an article published in the Wall Street Journal on 16 May 1989 ("Don't worry about the trade deficit"). Accord ...
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.