India`s Economic Performance
... integrate with the global economy through trade, investment, and technology flows and to create conditions which would give Indian entrepreneurs an environment broadly comparable to that in other developing countries, and to do this within the space of four to five years. As far as instruments are c ...
... integrate with the global economy through trade, investment, and technology flows and to create conditions which would give Indian entrepreneurs an environment broadly comparable to that in other developing countries, and to do this within the space of four to five years. As far as instruments are c ...
Life business shifts toward less interest- sensitive products
... represent anything more than a small proportion of total assets. Meanwhile, non-life insurers’ results continue to feel the effect of the floods and storms that hit Europe in late 2013 and early 2014. The impact is largely limited to ...
... represent anything more than a small proportion of total assets. Meanwhile, non-life insurers’ results continue to feel the effect of the floods and storms that hit Europe in late 2013 and early 2014. The impact is largely limited to ...
Emerging Market Economies, Macroeconomic Policy Coordination
... curve and the CDS rate in both the domestic and U.S. dollar currencies. Should the emerging market economies need funding from the market to finance fiscal stimulus in times of crisis, they have ...
... curve and the CDS rate in both the domestic and U.S. dollar currencies. Should the emerging market economies need funding from the market to finance fiscal stimulus in times of crisis, they have ...
ARTICLES 1 Introduction
... institutions such as the Bank of England and the UK FSA (see Reserve Bank of New Zealand (2009), p 41-43 for a summary). While the impetus for a macro-financial approach to prudential supervision already began in the aftermath of the Asian financial crisis in the late 1990s (as witnessed by the wide ...
... institutions such as the Bank of England and the UK FSA (see Reserve Bank of New Zealand (2009), p 41-43 for a summary). While the impetus for a macro-financial approach to prudential supervision already began in the aftermath of the Asian financial crisis in the late 1990s (as witnessed by the wide ...
Presentation to the Deutsche Bundesbank Conference Housing Markets and the... Challenges for Monetary Policy and Financial Stability
... could influence that process. Let me give a concrete example. Low interest rates boost fundamental valuation of assets. In a world of rational expectations, asset prices adjust and that’s it. But, if one allows for limited information, the resulting bull market may cause investors to get “carried aw ...
... could influence that process. Let me give a concrete example. Low interest rates boost fundamental valuation of assets. In a world of rational expectations, asset prices adjust and that’s it. But, if one allows for limited information, the resulting bull market may cause investors to get “carried aw ...
NATIONAL ACCOUNTS: 2002 - Korea Financial Investment
... Strengthening the listing eligibility review by KSE and KOSDAQ KSE and KOSDAQ will strengthen their listing eligibility review by elevating review expertise and focusing on material review items such as the internal accounting transparency control system (e.g. the fund management system, the indepen ...
... Strengthening the listing eligibility review by KSE and KOSDAQ KSE and KOSDAQ will strengthen their listing eligibility review by elevating review expertise and focusing on material review items such as the internal accounting transparency control system (e.g. the fund management system, the indepen ...
Smart LPG metering in Europe
... customer value into the marketplace with a sustainable profit for the enterprise. So… we need customers! We must focus into the important customer and market needs! ... and this is true also for the Universities! ...
... customer value into the marketplace with a sustainable profit for the enterprise. So… we need customers! We must focus into the important customer and market needs! ... and this is true also for the Universities! ...
FNCE 3020 Spring 2004
... Observation: For default free securities (especially longer term Treasuries),we tend to focus on inflationary expectations as the major factor behind changes in market interest rates. While inflationary expectations play a role in the interest rate structure of non-default free securities, will also ...
... Observation: For default free securities (especially longer term Treasuries),we tend to focus on inflationary expectations as the major factor behind changes in market interest rates. While inflationary expectations play a role in the interest rate structure of non-default free securities, will also ...
Greece
... III. How large is the short-run correction? The two problems of the global crisis The next 15 months will provide a stress test of the Greek ...
... III. How large is the short-run correction? The two problems of the global crisis The next 15 months will provide a stress test of the Greek ...
Chapter_2_Presentation
... Financial statement reliability and volatility are different concepts. While PV calculations are reliable under ideal conditions, net income and balance sheet values are volatile since end-of-period PV depend on which state is realized. Volatility is demonstrated by abnormal earnings in our example, ...
... Financial statement reliability and volatility are different concepts. While PV calculations are reliable under ideal conditions, net income and balance sheet values are volatile since end-of-period PV depend on which state is realized. Volatility is demonstrated by abnormal earnings in our example, ...
Corporacion Financiera de Desarrollo SA `BBB+/A-2
... our assessment of Peru's growth prospects. We expect growth to average 3.7% between 2015 and 2018, 2.8% in per capita terms, which will hinder Peru's ability to catch up to its more developed peers in the medium term. Nevertheless, we believe that a strong fiscal position, prudent monetary policies, ...
... our assessment of Peru's growth prospects. We expect growth to average 3.7% between 2015 and 2018, 2.8% in per capita terms, which will hinder Peru's ability to catch up to its more developed peers in the medium term. Nevertheless, we believe that a strong fiscal position, prudent monetary policies, ...
Japan`s Internal Debt - Columbia Business School
... domestic banks, insurance companies and off-budget government agencies such as the Trust Fund Bureau which appear to hold about a third of the government’s debt. Such institutions seem to buy them regardless of interest rate as a matter of national duty. Furthermore, the institutions seem far from h ...
... domestic banks, insurance companies and off-budget government agencies such as the Trust Fund Bureau which appear to hold about a third of the government’s debt. Such institutions seem to buy them regardless of interest rate as a matter of national duty. Furthermore, the institutions seem far from h ...
WHY DID FINANCIAL GLOBALIZATION DISAPPOINT? I. Introduction Dani Rodrik and Arvind Subramanian
... he calculates as typically less than 5 years, it is not clear why we should not (and he does not) look at the available panel evidence on growth over 5-year horizons (or less). Indeed, in the summary of the evidence presented in Table 4A in KPRW, there are 13 studies that have tested the effects of ...
... he calculates as typically less than 5 years, it is not clear why we should not (and he does not) look at the available panel evidence on growth over 5-year horizons (or less). Indeed, in the summary of the evidence presented in Table 4A in KPRW, there are 13 studies that have tested the effects of ...
15/RT/14 The effect of macroprudential policy on endogenous credit cycles
... to an incentive-based mechanism under uncertainty. Therefore, capital buffers endogenously change over the time in response to financial cycles. The build-up of capital buffers strengthens the resilience of the financial system to negative shocks. As in Beneˇs et al. (2014a, 2014b), we assume that b ...
... to an incentive-based mechanism under uncertainty. Therefore, capital buffers endogenously change over the time in response to financial cycles. The build-up of capital buffers strengthens the resilience of the financial system to negative shocks. As in Beneˇs et al. (2014a, 2014b), we assume that b ...
The U.S. current account deficit has been growing
... so does the value of his asset holdings of that firm. Therefore, it leads to a deterioration of the U.S. NIIP. In the same way, when the share prices of a U.S. firm fall, so does the value of the foreign investor’s asset holdings, leading to an improvement in the U.S. NIIP. Conversely, when the pric ...
... so does the value of his asset holdings of that firm. Therefore, it leads to a deterioration of the U.S. NIIP. In the same way, when the share prices of a U.S. firm fall, so does the value of the foreign investor’s asset holdings, leading to an improvement in the U.S. NIIP. Conversely, when the pric ...
Gold and Economic Freedom
... expansion. Thus, under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth. When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of lab ...
... expansion. Thus, under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth. When gold is accepted as the medium of exchange by most or all nations, an unhampered free international gold standard serves to foster a world-wide division of lab ...
A Flat Dow for 10 Years
... uniform manner and with standard analysis software available for anyone who wants it. The cost of providing adequate transparency on certain types of products may be high, but if overly so, the market will respond by avoiding them. A simpler, more transparent and arguably safer set of securities wil ...
... uniform manner and with standard analysis software available for anyone who wants it. The cost of providing adequate transparency on certain types of products may be high, but if overly so, the market will respond by avoiding them. A simpler, more transparent and arguably safer set of securities wil ...
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.