
Investing out of the crisis
... Contracting demand in OECD countries will impact real economic activities and employment ...
... Contracting demand in OECD countries will impact real economic activities and employment ...
How Capital Markets Enhance Economic Performance and Facilitate
... The shift from depository institution intermediation to capital markets intermediation appears to be driven mostly by technological developments. Computational costs have fallen rapidly. As technology has improved, information has become much more broadly available. This has improved transparency. A ...
... The shift from depository institution intermediation to capital markets intermediation appears to be driven mostly by technological developments. Computational costs have fallen rapidly. As technology has improved, information has become much more broadly available. This has improved transparency. A ...
FedViews
... Corporate profits have rebounded in the last two quarters, perhaps reflecting aggressive cost cutting more than top-line revenue growth. Nevertheless, equity analysts are projecting relatively respectable profit growth over the next four quarters. In response to corporate earnings announcements and ...
... Corporate profits have rebounded in the last two quarters, perhaps reflecting aggressive cost cutting more than top-line revenue growth. Nevertheless, equity analysts are projecting relatively respectable profit growth over the next four quarters. In response to corporate earnings announcements and ...
Sudden stop of international capital inflows
... however, there are many possible crisis triggers (see, for example, Ghosh et al., 2008). A sudden stop may result in a single crisis (banking, currency or sovereign debt), a twin crisis (banking and currency) or a triple crisis (banking, currency and debt). In 2007, the United Kingdom and the United ...
... however, there are many possible crisis triggers (see, for example, Ghosh et al., 2008). A sudden stop may result in a single crisis (banking, currency or sovereign debt), a twin crisis (banking and currency) or a triple crisis (banking, currency and debt). In 2007, the United Kingdom and the United ...
Box 2 The impact of interest rate changes, inflation and exchange
... The conceivable increase in debt service caused by higher interest rates can be compared with the impact of higher inflation caused by a lax monetary stance. Let us assume that inflation increases from 2% to 10%, i.e. to broadly the same level as during the last surge. Since the bulk of household bo ...
... The conceivable increase in debt service caused by higher interest rates can be compared with the impact of higher inflation caused by a lax monetary stance. Let us assume that inflation increases from 2% to 10%, i.e. to broadly the same level as during the last surge. Since the bulk of household bo ...
Market Comment - Emerging Market Corporate Bonds
... miners are good, especially among low-cost producers. During and after the summer break we increased our exposure to two South African gold mines. They had both been punished because of weakening currency, weakening commodity prices and because they were based in South Africa. But when we looked dee ...
... miners are good, especially among low-cost producers. During and after the summer break we increased our exposure to two South African gold mines. They had both been punished because of weakening currency, weakening commodity prices and because they were based in South Africa. But when we looked dee ...
20 Dec 15 AGNC stock price appreciation in 2016
... agency securities for which the principal and interest payments are guaranteed by the U.S. Government agency, the Government National Mortgage Association, or a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation. Th ...
... agency securities for which the principal and interest payments are guaranteed by the U.S. Government agency, the Government National Mortgage Association, or a U.S. Government-sponsored enterprise, such as the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation. Th ...
Victorian Holding Cost Model - Commonwealth Grants Commission
... effect of population growth, that is, States with more rapid population growth will experience declining NFA per capita relative to States with slower population growth, and thus declining ability to raise interest revenue per capita. 18. Victoria accepts that there will be a dilution effect, ceteri ...
... effect of population growth, that is, States with more rapid population growth will experience declining NFA per capita relative to States with slower population growth, and thus declining ability to raise interest revenue per capita. 18. Victoria accepts that there will be a dilution effect, ceteri ...
Standards and Analysis: Part II - National Farm Viability Conference
... + Accrual Income - Accrual Expense - Depreciation NFIFO - Owner Draw ...
... + Accrual Income - Accrual Expense - Depreciation NFIFO - Owner Draw ...
Futures - HSBC Broking Services
... that you have to sell the underlying asset according to the contract terms. Exchange traded futures are standardised future contracts that are listed in exchanges. Major future exchange markets in the world include New York Mercantile Exchange (NYMEX), Chicago Mercantile Exchange and Chicago Board o ...
... that you have to sell the underlying asset according to the contract terms. Exchange traded futures are standardised future contracts that are listed in exchanges. Major future exchange markets in the world include New York Mercantile Exchange (NYMEX), Chicago Mercantile Exchange and Chicago Board o ...
Kelvin
... health care costs per enrollee are projected to rise faster than the wages per worker on which payroll taxes are based. x ...
... health care costs per enrollee are projected to rise faster than the wages per worker on which payroll taxes are based. x ...
Factors explaining the robust growth of M1
... circulation have accounted for, on average, around one-quarter of annual M1 growth over the past three years (see Chart A). Even after four years, the unwinding of effects related to the cash changeover is still ongoing. The annual growth rate of currency in circulation has gradually declined, but, ...
... circulation have accounted for, on average, around one-quarter of annual M1 growth over the past three years (see Chart A). Even after four years, the unwinding of effects related to the cash changeover is still ongoing. The annual growth rate of currency in circulation has gradually declined, but, ...
PDF
... The existing literature on the finance-growth nexus uses three approaches: cross sectional analysis, a time-series approach, and panel data methods (a combination of both techniques). Each of these approaches has made useful contributions to the investigation of the relationship between finance and ...
... The existing literature on the finance-growth nexus uses three approaches: cross sectional analysis, a time-series approach, and panel data methods (a combination of both techniques). Each of these approaches has made useful contributions to the investigation of the relationship between finance and ...
Eun 7e Sample Chapter - McGraw Hill Higher Education
... Goals for International Financial Management The foregoing discussion implies that understanding and managing foreign exchange and political risks and coping with market imperfections have become important parts of the financial manager’s job. International Financial Management is designed to provid ...
... Goals for International Financial Management The foregoing discussion implies that understanding and managing foreign exchange and political risks and coping with market imperfections have become important parts of the financial manager’s job. International Financial Management is designed to provid ...
PPT
... • The Dow Jones Industrial Average fell by more than 150 points. • This index measures only 30 stocks but it is typically indicative of the overall market. • Other broader market measures such as the NASDAQ and the S & P 500 fell as well. Why is the stock market so sensitive to inflation data? • Fin ...
... • The Dow Jones Industrial Average fell by more than 150 points. • This index measures only 30 stocks but it is typically indicative of the overall market. • Other broader market measures such as the NASDAQ and the S & P 500 fell as well. Why is the stock market so sensitive to inflation data? • Fin ...
Intermediate Financial Management, 5th Ed.
... be used to reduce input price risk? The purchase of a commodity futures contract will allow a firm to make a future purchase of the input at today’s price, even if the market price on the item has risen substantially in the interim. ...
... be used to reduce input price risk? The purchase of a commodity futures contract will allow a firm to make a future purchase of the input at today’s price, even if the market price on the item has risen substantially in the interim. ...
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.