glossary and abbreviations - ACT Department of Treasury
... A set of estimates which reflect each State and Territory’s financial position in the absence of the reforms to the taxation system (A New Tax System), agreed by the Australian Government, State and Territory Heads of Treasuries. This notional pre-tax reform position is called the Guaranteed Minimum ...
... A set of estimates which reflect each State and Territory’s financial position in the absence of the reforms to the taxation system (A New Tax System), agreed by the Australian Government, State and Territory Heads of Treasuries. This notional pre-tax reform position is called the Guaranteed Minimum ...
DISCUSSION PAPER NO 1 TEXTO PARA DISCUSSÃO NO 1
... Building on Keynes’ investment theory of the cycle, Minsky’s work suggests that the structure the economy becomes more fragile over a period of tranquility and prosperity. That is, endogenous processes breed financial and economic instability. While Minsky adopted Keynes’ “investment theory of the c ...
... Building on Keynes’ investment theory of the cycle, Minsky’s work suggests that the structure the economy becomes more fragile over a period of tranquility and prosperity. That is, endogenous processes breed financial and economic instability. While Minsky adopted Keynes’ “investment theory of the c ...
III – How vulnerable are different industry sectors to
... way of financing these operations, but at present the fact that this indicator signals relatively low profitability for banks appears quite realistic, so we have left this in the index calculation. These results need to be interpreted with care, however, and the same caveat applies to the high geari ...
... way of financing these operations, but at present the fact that this indicator signals relatively low profitability for banks appears quite realistic, so we have left this in the index calculation. These results need to be interpreted with care, however, and the same caveat applies to the high geari ...
Word
... when the gross capital formation increased by 3.2 %, investment (gross fixed capital formation) however decreased by 2.2 %. The source of growth of the gross capital formation was thus in Q4 2012 the increase of inventories in the domestic economy, which was most likely supported by the pre-stocking ...
... when the gross capital formation increased by 3.2 %, investment (gross fixed capital formation) however decreased by 2.2 %. The source of growth of the gross capital formation was thus in Q4 2012 the increase of inventories in the domestic economy, which was most likely supported by the pre-stocking ...
PARTISAN IMPACTS ON THE ECONOMY
... of a candidate on a variable such as equity prices may differ from their effect on economic welfare. Past work examining the correlation of financial markets and expectations about political outcomes has used lower-frequency preelection data. For instance, Herron [2000] found that in the days leadin ...
... of a candidate on a variable such as equity prices may differ from their effect on economic welfare. Past work examining the correlation of financial markets and expectations about political outcomes has used lower-frequency preelection data. For instance, Herron [2000] found that in the days leadin ...
The strong-dollar denouement: Effects on the
... another. If anything, our thinking on the fallout from a strong dollar was accurate directionally, but too optimistic. We believe the pain global markets are experiencing isn’t over. In that same commentary, we mentioned some potential positives from a stronger dollar, including further central bank ...
... another. If anything, our thinking on the fallout from a strong dollar was accurate directionally, but too optimistic. We believe the pain global markets are experiencing isn’t over. In that same commentary, we mentioned some potential positives from a stronger dollar, including further central bank ...
INTEREST PARITY (COVERED AND UNCOVERED)
... COVERED INTEREST PARITY exists when the returns on bonds denominated in different currencies are equal when it is assumed the forward markets are used to eliminate the ERR associated with future currency exchanges (i.e., when the bond matures). In the preceding example, since the return in the US (i ...
... COVERED INTEREST PARITY exists when the returns on bonds denominated in different currencies are equal when it is assumed the forward markets are used to eliminate the ERR associated with future currency exchanges (i.e., when the bond matures). In the preceding example, since the return in the US (i ...
DOC - Investor Relations
... notes, the terms “Company,” “we,” “us,” or “our” refer to Gartner, Inc. and its consolidated subsidiaries. These interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States of America, as defined in ...
... notes, the terms “Company,” “we,” “us,” or “our” refer to Gartner, Inc. and its consolidated subsidiaries. These interim condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States of America, as defined in ...
Investment Trusts Schroder Income Growth Fund plc
... Trusts that invest in a smaller number of stocks carry more risk than funds spread across a larger number of companies. The trust will invest solely in the companies of one country or region. This can carry more risk than investments spread over a number of countries or regions. As a result of the f ...
... Trusts that invest in a smaller number of stocks carry more risk than funds spread across a larger number of companies. The trust will invest solely in the companies of one country or region. This can carry more risk than investments spread over a number of countries or regions. As a result of the f ...
ALLTERNATIVE METHODS TO OPERATIONAL RISK MANAGEMENT
... errors in IT systems or breakdowns of internet banking can be listed similarly to other banks around the world. Although large operational losses are extreme events occurring very rarely, a bank — or a financial institution in general — has to consider the probability of their occurrence when identi ...
... errors in IT systems or breakdowns of internet banking can be listed similarly to other banks around the world. Although large operational losses are extreme events occurring very rarely, a bank — or a financial institution in general — has to consider the probability of their occurrence when identi ...
Saving and Investing in the New Economy
... opportunities. The ―mortgage- backed securities‖ and ―collateralized debt obligations‖ that have been discussed in the news during the past few years represent a small number of financial products that have emerged over the last two decades. The economy has been further complicated by the increased ...
... opportunities. The ―mortgage- backed securities‖ and ―collateralized debt obligations‖ that have been discussed in the news during the past few years represent a small number of financial products that have emerged over the last two decades. The economy has been further complicated by the increased ...
May 2016 Factsheet Monthly
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
... Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many ...
The Risk-Return Relationship in Asean-5 Stock Markets
... Considering the top 100 assets in 2012, only in Thailand and the Philippines are the market risk premium found to be positive, though not significant, whereas negative risk premiums are found in other three stock markets. Using the set of 30 ASEAN Stars stocks, the risk premiums are negative in the ...
... Considering the top 100 assets in 2012, only in Thailand and the Philippines are the market risk premium found to be positive, though not significant, whereas negative risk premiums are found in other three stock markets. Using the set of 30 ASEAN Stars stocks, the risk premiums are negative in the ...
A Top Fund Makes the Value Case
... 35%. Net debt could be reduced by 2018 to 2.5 times Ebitdax [earnings before interest, taxes, depreciation, amortization, and exploration], all with internally generated money. Leucadia National [LUK] has lost 2% annually during the past five years, even as the S&P 500 has gained more than 15%. What ...
... 35%. Net debt could be reduced by 2018 to 2.5 times Ebitdax [earnings before interest, taxes, depreciation, amortization, and exploration], all with internally generated money. Leucadia National [LUK] has lost 2% annually during the past five years, even as the S&P 500 has gained more than 15%. What ...
PowerPoint - Chapter 01
... at the same time at different prices, and if there were no transaction costs, then an arbitrage opportunity would exist. – A risk-free profit could be made by simultaneously purchasing at the lower price and selling at the higher price. – However, competition among traders will force the two alterna ...
... at the same time at different prices, and if there were no transaction costs, then an arbitrage opportunity would exist. – A risk-free profit could be made by simultaneously purchasing at the lower price and selling at the higher price. – However, competition among traders will force the two alterna ...
Econ 371: Practice Questions II (Chapters 12-18 and 20-22)
... with German currency, the Mark. In that period, Germany did not suffer economic stability loss as much as other member countries. ANSWER: True. At the time, Germany functioned as the center country so its central bank still enjoyed the monetary independence unlike other central banks. 18. Based on t ...
... with German currency, the Mark. In that period, Germany did not suffer economic stability loss as much as other member countries. ANSWER: True. At the time, Germany functioned as the center country so its central bank still enjoyed the monetary independence unlike other central banks. 18. Based on t ...
International Trade - Federal Reserve Bank of St. Louis
... other transactions, the United States would have a $10 million deficit on the current account. But the Chinese firm now has $10 million to spend. How they spend that money will determine on which account the transaction is recorded. If they purchase U.S. goods and services, the transaction will be r ...
... other transactions, the United States would have a $10 million deficit on the current account. But the Chinese firm now has $10 million to spend. How they spend that money will determine on which account the transaction is recorded. If they purchase U.S. goods and services, the transaction will be r ...
File - Mustafa Hassan
... dividends and discounting them by the present value. Higher DVM value than the trading share price suggests that the share price is undervalued. (Investopedia, 2009) Comparing findings: Based on the dividend valuation model the intrinsic value of Sainsbury’s share is 343.44, and the share price in D ...
... dividends and discounting them by the present value. Higher DVM value than the trading share price suggests that the share price is undervalued. (Investopedia, 2009) Comparing findings: Based on the dividend valuation model the intrinsic value of Sainsbury’s share is 343.44, and the share price in D ...
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.