original Powerpoint file
... spending at specialty eateries, rose 3.7 percent in August 2013 compared to the same month in 2012. US retail sales for food services and drinking places, an indicator of specialty eatery sales, increased 3.8 percent in the first nine months of 2013 compared to the same period in 2012. ...
... spending at specialty eateries, rose 3.7 percent in August 2013 compared to the same month in 2012. US retail sales for food services and drinking places, an indicator of specialty eatery sales, increased 3.8 percent in the first nine months of 2013 compared to the same period in 2012. ...
Exorbitant Privilege and Exorbitant Duty
... Table: Exorbitant Duty over Time. The table reports the results from an OLS regression of the U.S. net foreign asset position relative to GDP (nagdp) on the VIX index extended before 1986 with the volatility of the MSCI-ex US index. vagdp refers to the valuation component (relative to GDP) defined a ...
... Table: Exorbitant Duty over Time. The table reports the results from an OLS regression of the U.S. net foreign asset position relative to GDP (nagdp) on the VIX index extended before 1986 with the volatility of the MSCI-ex US index. vagdp refers to the valuation component (relative to GDP) defined a ...
February 2015 - Daiwa Capital Markets
... According to the advance estimate, which looks likely to be revised down, US GDP growth moderated in Q414 to 2.6%Q/Q ann. from 5%Q/Q ann. in Q3 reflecting softer capital spending and a notable negative contribution from net trade. But private consumption jumped more than 4%Q/Q ann., almost double th ...
... According to the advance estimate, which looks likely to be revised down, US GDP growth moderated in Q414 to 2.6%Q/Q ann. from 5%Q/Q ann. in Q3 reflecting softer capital spending and a notable negative contribution from net trade. But private consumption jumped more than 4%Q/Q ann., almost double th ...
The 2010 Leonard Schapiro Lecture --Pathology Without Crisis? The Strange Demise of the Anglo-Liberal Growth Model
... since the 1930s, this paper examines the origins, sustenance and puncturing of the growth dynamic the UK economy enjoyed between 1992 and 2007. In so doing it seeks to gauge the character, paradigmatic significance and effectiveness of the interventions made in the attempt to shore up the growth mod ...
... since the 1930s, this paper examines the origins, sustenance and puncturing of the growth dynamic the UK economy enjoyed between 1992 and 2007. In so doing it seeks to gauge the character, paradigmatic significance and effectiveness of the interventions made in the attempt to shore up the growth mod ...
July 16, 2014 - Morgan Stanley Locator
... prudent course given the strong returns we have experienced over the past five years and the near certainty that the Fed will begin raising interest rates at some point in the next 18 ...
... prudent course given the strong returns we have experienced over the past five years and the near certainty that the Fed will begin raising interest rates at some point in the next 18 ...
OnPoint—Strategies to benefit from rising rates
... Source: Bloomberg. Past performance is no guarantee of future results. These charts are for illustrative purposes only and not representative of performance for any particular investment. These charts are for select time periods. Results over different periods would have varied. Indexes are unmanage ...
... Source: Bloomberg. Past performance is no guarantee of future results. These charts are for illustrative purposes only and not representative of performance for any particular investment. These charts are for select time periods. Results over different periods would have varied. Indexes are unmanage ...
Demystifying the Federal Home Loan Banks:
... of directors, management, culture and views reflecting the regional differences of their members. As a result, you should inquire with the FHLBank serving your district about the specific products and services they offer, because they do vary. That said, we do talk to each other continually, compari ...
... of directors, management, culture and views reflecting the regional differences of their members. As a result, you should inquire with the FHLBank serving your district about the specific products and services they offer, because they do vary. That said, we do talk to each other continually, compari ...
EU MONETARY AND FISCAL POLICY TOPICS IN ECONOMIC …
... a) Macroeconomic policy is fully loaded. b) High volatility of exchange rates (are you willing to invest in argentinian bonds, or to build a factory in Ukraine? Or even across the Atlantic.) ...
... a) Macroeconomic policy is fully loaded. b) High volatility of exchange rates (are you willing to invest in argentinian bonds, or to build a factory in Ukraine? Or even across the Atlantic.) ...
Financial Statements - Health and Disability Commissioner
... There have been no changes to the cost allocation methodology since the date of the last audited financial statements. Critical Accounting Estimates and Assumptions In preparing these financial statements the Health and Disability Commissioner has made estimates and assumptions concerning the future ...
... There have been no changes to the cost allocation methodology since the date of the last audited financial statements. Critical Accounting Estimates and Assumptions In preparing these financial statements the Health and Disability Commissioner has made estimates and assumptions concerning the future ...
FAQ - Countercyclical Capital Buffers and Other Systemically
... What are countercyclical capital buffers (CCBs)? The CCB is a macro-prudential tool introduced under the European Union (Capital Requirements) Regulations 2014 (S.I. 158 of 2014).1 It is a time-varying capital requirement for banks (and investment firms) which aims to protect the banking sector from ...
... What are countercyclical capital buffers (CCBs)? The CCB is a macro-prudential tool introduced under the European Union (Capital Requirements) Regulations 2014 (S.I. 158 of 2014).1 It is a time-varying capital requirement for banks (and investment firms) which aims to protect the banking sector from ...
Ingo(104).pdf
... asymmetries, financial distress and agency costs. Based on the lending relationship between banks and SMEs, it is considered that the inherent information asymmetries drive borrowed firms to harsh credit constraints. However, lending relationships are considered as an important mechanism for accessi ...
... asymmetries, financial distress and agency costs. Based on the lending relationship between banks and SMEs, it is considered that the inherent information asymmetries drive borrowed firms to harsh credit constraints. However, lending relationships are considered as an important mechanism for accessi ...
Miners in dire straits as gold loses its luster
... weaker Chinese growth and rising supplies across the board. “The upstream industry is winding back its investment in big pre-final investment decision developments as fast as it can,” Wood Mackenzie, a consultancy, said in a report to be released on Jul 27. “This is partly because it is one of the q ...
... weaker Chinese growth and rising supplies across the board. “The upstream industry is winding back its investment in big pre-final investment decision developments as fast as it can,” Wood Mackenzie, a consultancy, said in a report to be released on Jul 27. “This is partly because it is one of the q ...
Weekly Commentary 04-17-17
... of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of fund shares is not guaranteed and will fluctuate. * Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to ...
... of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of fund shares is not guaranteed and will fluctuate. * Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to ...
sygnia skeleton worldwide flexible fund
... overcapacity without large-scale layoffs. As sentiment shifted away from doom and gloom, so money moved out of US government debt into riskier assets such as emerging markets equities. South African bond and equity markets, as well as the rand, reflected the shift. The biggest boost to sentiment was ...
... overcapacity without large-scale layoffs. As sentiment shifted away from doom and gloom, so money moved out of US government debt into riskier assets such as emerging markets equities. South African bond and equity markets, as well as the rand, reflected the shift. The biggest boost to sentiment was ...
Speculative Attacks
... (by selling it to people at, say, Rs. 41 for $1 which would still be lower than the expected Rs. 42) ...
... (by selling it to people at, say, Rs. 41 for $1 which would still be lower than the expected Rs. 42) ...
Reform Agenda
... 10. In order to gain a footing on the road to sustainable growth, Bosnia and Herzegovina must embrace its strategic advantages. These include significant potential in the workforce which is not sufficiently utilised at present. The low activity rate of the working-age population and the high unemplo ...
... 10. In order to gain a footing on the road to sustainable growth, Bosnia and Herzegovina must embrace its strategic advantages. These include significant potential in the workforce which is not sufficiently utilised at present. The low activity rate of the working-age population and the high unemplo ...
Charles Bean: Sustaining the recovery
... of the order of 2–3% of GDP since the beginning of the century (Chart 5). In spite of that deficit, our net external asset position has remained stable and roughly in balance. We managed to achieve this feat by earning more on our holdings of foreign assets than we paid out to foreigners on their ho ...
... of the order of 2–3% of GDP since the beginning of the century (Chart 5). In spite of that deficit, our net external asset position has remained stable and roughly in balance. We managed to achieve this feat by earning more on our holdings of foreign assets than we paid out to foreigners on their ho ...
A Structured Approach to Stress Testing Residential Mortgage Portfolios
... Stress testing has been used for many years to help firms better understand potential vulnerabilities associated with their business. It is also becoming an increasingly important component of financial stability assessment frameworks. The most common and widely understood stress testing is the mark ...
... Stress testing has been used for many years to help firms better understand potential vulnerabilities associated with their business. It is also becoming an increasingly important component of financial stability assessment frameworks. The most common and widely understood stress testing is the mark ...
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.