
Written Testimony of Eric S. Rosengren President & Chief Executive Officer
... support to mortgage lending and housing markets, the Federal Reserve would further increase its balance sheet by purchasing up to an additional $750 billion of agency mortgage-backed securities (bringing its total purchases of these securities up to $1.25 trillion this year), and to increase its pur ...
... support to mortgage lending and housing markets, the Federal Reserve would further increase its balance sheet by purchasing up to an additional $750 billion of agency mortgage-backed securities (bringing its total purchases of these securities up to $1.25 trillion this year), and to increase its pur ...
Market Risk Guidance Notes - Reserve Bank of New Zealand
... RIRP's can be allocated to one of two categories: core or seasonal RIRP's. Seasonal RIRP's are that proportion of RIRP's which are sensitive to intra-year seasonal patterns, ie - tax or Christmas flows. Observed variations in RIRP's over more than one year, or expected variations in RIRP's arising f ...
... RIRP's can be allocated to one of two categories: core or seasonal RIRP's. Seasonal RIRP's are that proportion of RIRP's which are sensitive to intra-year seasonal patterns, ie - tax or Christmas flows. Observed variations in RIRP's over more than one year, or expected variations in RIRP's arising f ...
Choosing the Road to Prosperity - Federal Reserve Bank of Dallas
... Enterprises beyond saving wind up in Chapter 7 bankruptcy, with operations ended and assets sold off. Firms with a viable business but too much debt or other contractual obligations usually file for Chapter 11 bankruptcy, continuing to operate under court protection from creditors. Both forms of ban ...
... Enterprises beyond saving wind up in Chapter 7 bankruptcy, with operations ended and assets sold off. Firms with a viable business but too much debt or other contractual obligations usually file for Chapter 11 bankruptcy, continuing to operate under court protection from creditors. Both forms of ban ...
187 pre-packaged layouts
... congregate at a specific level after XX days have passed since an event. The more intense the color the higher the probability that prices tend to congregate in that price zone. ...
... congregate at a specific level after XX days have passed since an event. The more intense the color the higher the probability that prices tend to congregate in that price zone. ...
search for yield
... government bonds and/or provided liquidity support to the banking systems which has contributed to lower interest rates, rising asset prices and lower volatility on the financial markets (see Figures 3 and 4). As the yields on, for instance, government bonds and other relatively safe fixed income as ...
... government bonds and/or provided liquidity support to the banking systems which has contributed to lower interest rates, rising asset prices and lower volatility on the financial markets (see Figures 3 and 4). As the yields on, for instance, government bonds and other relatively safe fixed income as ...
William C Dudley: The importance of financial conditions in the
... moved sharply but not persistently, and another where financial conditions moved systematically over a longer time period. We will see that it is the long-lived movements that have the largest influence on the economic outlook. For the first example, consider the U.S. equity market in 1987. The S&P ...
... moved sharply but not persistently, and another where financial conditions moved systematically over a longer time period. We will see that it is the long-lived movements that have the largest influence on the economic outlook. For the first example, consider the U.S. equity market in 1987. The S&P ...
The origins of the financial crisis: Crash course | The Economist
... higher interest rates. Perhaps so, but they had other regulatory tools at their disposal, such as lowering maximum loan-to-value ratios for mortgages, or demanding that banks should set aside more capital. Lax capital ratios proved the biggest shortcoming. Since 1988 a committee of central bankers a ...
... higher interest rates. Perhaps so, but they had other regulatory tools at their disposal, such as lowering maximum loan-to-value ratios for mortgages, or demanding that banks should set aside more capital. Lax capital ratios proved the biggest shortcoming. Since 1988 a committee of central bankers a ...
When Policies Fuel Economic Cycles
... roots in Keynes’ works), their amplitude depends on various factors, on the functioning of finance. While the financial crisis plays a major role in the current economic malaise, secular stagnation (Summers) has to be judged in terms of a long run decline in productivity, Romanian Journal of Economi ...
... roots in Keynes’ works), their amplitude depends on various factors, on the functioning of finance. While the financial crisis plays a major role in the current economic malaise, secular stagnation (Summers) has to be judged in terms of a long run decline in productivity, Romanian Journal of Economi ...
Chapter 17 INVESTMENTS Investment in Debt
... Example: Graffeo Corporation purchases $100,000, 10 percent, five-year bonds on January 1, 2013, with interest payable on July 1 and January 1. The bonds sell for $108,111, which results in a bond premium of $8,111 and an effective interest rate of 8 percent. Graffeo records the purchase of the bond ...
... Example: Graffeo Corporation purchases $100,000, 10 percent, five-year bonds on January 1, 2013, with interest payable on July 1 and January 1. The bonds sell for $108,111, which results in a bond premium of $8,111 and an effective interest rate of 8 percent. Graffeo records the purchase of the bond ...
SMEs and poverty alleviation Thorsten Beck Executive Summary
... monitoring and risk management systems, with the goal of lower costs and better risk management translating into higher outreach. While there might be thus a direct and possibly quick impact on the institution level, gauged by outreach indicators, there might be repercussions throughout the banking ...
... monitoring and risk management systems, with the goal of lower costs and better risk management translating into higher outreach. While there might be thus a direct and possibly quick impact on the institution level, gauged by outreach indicators, there might be repercussions throughout the banking ...
PPT
... The grasshopper (G) wants to consume now. The ant (A) wants to wait. But each is happy to invest. A prefers to invest 14%, moving up the red arrow, rather than at the 7% interest rate. G invests and then borrows at 7%, thereby transforming $100 into $106.54 of immediate consumption. Because of the i ...
... The grasshopper (G) wants to consume now. The ant (A) wants to wait. But each is happy to invest. A prefers to invest 14%, moving up the red arrow, rather than at the 7% interest rate. G invests and then borrows at 7%, thereby transforming $100 into $106.54 of immediate consumption. Because of the i ...
neophotonics corporation
... The previously existing debt of the Japanese Subsidiary was due by March 2016. As a result, the Company has extended its Japanese Subsidiary’s debt maturity date from March 2016 to February 2018 and February 2025, respectively, for each of the Loans. The Loan Documents contain customary representati ...
... The previously existing debt of the Japanese Subsidiary was due by March 2016. As a result, the Company has extended its Japanese Subsidiary’s debt maturity date from March 2016 to February 2018 and February 2025, respectively, for each of the Loans. The Loan Documents contain customary representati ...
Chapter 5 Banking Services and Managing Your Money
... Banking Services Offered By Financial Institutions (cont’d) • Automated Banking Machine (ABM): a machine that individuals can use to deposit and withdraw funds at any time of day • A convenience fee is charged when you use an ABM other than one from your own bank • A service package may be purchase ...
... Banking Services Offered By Financial Institutions (cont’d) • Automated Banking Machine (ABM): a machine that individuals can use to deposit and withdraw funds at any time of day • A convenience fee is charged when you use an ABM other than one from your own bank • A service package may be purchase ...
Style 1* Title Slide
... Increase in the share of the domestic debt Extension of the maturity of the domestic debt: Supported by increased credibility of monetary policy Diversification of the investor base: • Expansion of the local investor base especially non-bank financial institutions (pension funds and insuranc ...
... Increase in the share of the domestic debt Extension of the maturity of the domestic debt: Supported by increased credibility of monetary policy Diversification of the investor base: • Expansion of the local investor base especially non-bank financial institutions (pension funds and insuranc ...
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.