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... • In U.S., more external demand to sustain growth • In EM Asia, shift towards internal demand, assisted by structural adjustments, large gaps in social safety net, financial restrictions, and undervalued exchange rates. These take time, ...
... • In U.S., more external demand to sustain growth • In EM Asia, shift towards internal demand, assisted by structural adjustments, large gaps in social safety net, financial restrictions, and undervalued exchange rates. These take time, ...
Remarks by Gordon Thiessen Governor of the Bank of Canada to
... developments, such as international financial crises, which can push up the risk premiums in our interest rates. There is no objective economic analysis that can tell us exactly what is the right debt-to-GDP ratio to aim for. But as long as our national debt ratio is higher than that of most other l ...
... developments, such as international financial crises, which can push up the risk premiums in our interest rates. There is no objective economic analysis that can tell us exactly what is the right debt-to-GDP ratio to aim for. But as long as our national debt ratio is higher than that of most other l ...
Amy Chapman, Gordonstoun School
... • C If markets see news which makes an interest rate decrease more likely, the value of the pound will probably fall in anticipation. • C There are therefore important links between speculation, the state of the economy and the exchange rate. ...
... • C If markets see news which makes an interest rate decrease more likely, the value of the pound will probably fall in anticipation. • C There are therefore important links between speculation, the state of the economy and the exchange rate. ...
FedViews
... We expect growth in the fourth quarter of 2014 to come in around 2.5%. For 2015, we expect growth to pick up to around 2.8%. This is about 0.5 percentage point above the growth rate observed over the 21 quarters since the end of the Great Recession. The primary downside risk to the U.S. growth outlo ...
... We expect growth in the fourth quarter of 2014 to come in around 2.5%. For 2015, we expect growth to pick up to around 2.8%. This is about 0.5 percentage point above the growth rate observed over the 21 quarters since the end of the Great Recession. The primary downside risk to the U.S. growth outlo ...
DEBT - Association for Financial Professionals of Arizona
... Statements in this report are based on the opinions of UMB Capital Markets and the information available at the time this report was published. All opinions represent our judgments as of the date of this report and are subject to change at any time without notice. You should not use this report as a ...
... Statements in this report are based on the opinions of UMB Capital Markets and the information available at the time this report was published. All opinions represent our judgments as of the date of this report and are subject to change at any time without notice. You should not use this report as a ...
Learnings from the Global Financial Crisis
... and 425 basis points respectively between July 2008 and April 2009. Crisis then brought opportunities. Monetary policy researchers had always wondered what might happen if price inflation and interest rates approached zero in several major countries, or even went negative. Now we would find out. The ...
... and 425 basis points respectively between July 2008 and April 2009. Crisis then brought opportunities. Monetary policy researchers had always wondered what might happen if price inflation and interest rates approached zero in several major countries, or even went negative. Now we would find out. The ...
Contractual Obligations
... the direction in which ratings are likely to move over the next 18-24 months, on the U.S. life insurance sector as Stable. The current Stable rating reflects Fitch’s view that the impact of the negative fundamentals indicated in their Sector Outlook remain manageable in the context of industry earni ...
... the direction in which ratings are likely to move over the next 18-24 months, on the U.S. life insurance sector as Stable. The current Stable rating reflects Fitch’s view that the impact of the negative fundamentals indicated in their Sector Outlook remain manageable in the context of industry earni ...
Slide 1
... If investors become less certain of full repayment or believe that the country is pursuing an inflationary course that would allow it to repay the debt with devalued dollars, they could begin to charge a “risk premium” on U.S. Treasury securities. That could happen suddenly in a confidence crisis an ...
... If investors become less certain of full repayment or believe that the country is pursuing an inflationary course that would allow it to repay the debt with devalued dollars, they could begin to charge a “risk premium” on U.S. Treasury securities. That could happen suddenly in a confidence crisis an ...
Don`t confuse numbers with measurements
... It is common in economics to take some plain number and change it in such a way that it will yield more meaningful information. This gives rise to the distinction that is made between nominal and real variables. Nominal variables are numbers given in plain dollar terms. For example, your income may ...
... It is common in economics to take some plain number and change it in such a way that it will yield more meaningful information. This gives rise to the distinction that is made between nominal and real variables. Nominal variables are numbers given in plain dollar terms. For example, your income may ...
Preventing Bubbles: What Role for Financial Regulation? Lawrence J. White
... repayment (withdraw their funds) before other claimants try to do the same. Moreover, the perceptions of runs at one financial institution may raise similar fears by imperfectly informed creditors at other (similar) financial institutions and thereby start a cascade or contagion of runs.10 Prior to ...
... repayment (withdraw their funds) before other claimants try to do the same. Moreover, the perceptions of runs at one financial institution may raise similar fears by imperfectly informed creditors at other (similar) financial institutions and thereby start a cascade or contagion of runs.10 Prior to ...
15 March 2017 ThinkSmart Limited (“ThinkSmart” or “the Company
... published in the Admission Document. Revenues were £5.4m compared to £6.9m in the first half of FY16. This reduction in revenue was principally due to constrained new business volumes across both SmartPlan and Upgrade Anytime products, lower by 33%. ThinkSmart Business Leasing (“TBL”) on the other h ...
... published in the Admission Document. Revenues were £5.4m compared to £6.9m in the first half of FY16. This reduction in revenue was principally due to constrained new business volumes across both SmartPlan and Upgrade Anytime products, lower by 33%. ThinkSmart Business Leasing (“TBL”) on the other h ...
Multi-Year Financial Plan
... Annual Merit Pool: FY16-17 & FY17-18 4.75%, 3.0% in years following Base adjusted for anticipated Resignations/Tenure Denial/Retirements Increases in research-funded salaries to come from research funds Fringe Rate: FY16-17 at 28.4%, FY17-18 at 27.9%, FY18-19 at 27.5%, 27.4% in years ...
... Annual Merit Pool: FY16-17 & FY17-18 4.75%, 3.0% in years following Base adjusted for anticipated Resignations/Tenure Denial/Retirements Increases in research-funded salaries to come from research funds Fringe Rate: FY16-17 at 28.4%, FY17-18 at 27.9%, FY18-19 at 27.5%, 27.4% in years ...
Multi-Year Financial Plan (PDF)
... Annual Merit Pool: FY16-17 & FY17-18 4.75%, 3.0% in years following Base adjusted for anticipated Resignations/Tenure Denial/Retirements Increases in research-funded salaries to come from research funds Fringe Rate: FY16-17 at 28.4%, FY17-18 at 27.9%, FY18-19 at 27.5%, 27.4% in years ...
... Annual Merit Pool: FY16-17 & FY17-18 4.75%, 3.0% in years following Base adjusted for anticipated Resignations/Tenure Denial/Retirements Increases in research-funded salaries to come from research funds Fringe Rate: FY16-17 at 28.4%, FY17-18 at 27.9%, FY18-19 at 27.5%, 27.4% in years ...
FINAL EXAM—REVIEW SHEET (This sheet, while not all inclusive
... Know the uses and limitations of ratio analysis. Chapter 3 Know what a financial market is and what types of financial markets exist. Understand what a financial intermediary is and what some of the more common financial intermediaries are. Understand what an investment banker is and the ser ...
... Know the uses and limitations of ratio analysis. Chapter 3 Know what a financial market is and what types of financial markets exist. Understand what a financial intermediary is and what some of the more common financial intermediaries are. Understand what an investment banker is and the ser ...
How to Make Money with Them and Why Governments Care
... are relatively sophisticated financial instruments. Many of the people who are peddling them and using them are rather young, look rather inexperienced, and don't look altogether reliable. They're becoming rich very quickly, and therefore it's not natural to trust them. And in the U.S. at least, pol ...
... are relatively sophisticated financial instruments. Many of the people who are peddling them and using them are rather young, look rather inexperienced, and don't look altogether reliable. They're becoming rich very quickly, and therefore it's not natural to trust them. And in the U.S. at least, pol ...
CHAPTER 1
... Unfortunately, if investment banking is more profitable than traditional banking product lines, it is also more risky, consistent with the basic tenet of finance that risk and return are directly related. That is why the Federal Reserve Board has placed such strict limits on the type of organization ...
... Unfortunately, if investment banking is more profitable than traditional banking product lines, it is also more risky, consistent with the basic tenet of finance that risk and return are directly related. That is why the Federal Reserve Board has placed such strict limits on the type of organization ...
Study Guide Exit Exam
... Be able to select between projects of different life length and different size (initial outlay) Be able to develop a project’s cash flows Understand why the WACC curve is u-shaped Financial Statement Analysis Understand the uses of financial statement analysis Understand the use of profita ...
... Be able to select between projects of different life length and different size (initial outlay) Be able to develop a project’s cash flows Understand why the WACC curve is u-shaped Financial Statement Analysis Understand the uses of financial statement analysis Understand the use of profita ...
Time Value of Money
... IRA account this taxable year. They choose to contribute $2,000 to the investment account at the end of each of the next 10 years. Their investment will earn 7% interest compounded annually. How much will they have at the end of 10 years? ...
... IRA account this taxable year. They choose to contribute $2,000 to the investment account at the end of each of the next 10 years. Their investment will earn 7% interest compounded annually. How much will they have at the end of 10 years? ...
Financial Targets / Capital Efficiency
... RoRWA targets to reflect increasing capital requirements ...
... RoRWA targets to reflect increasing capital requirements ...
Outlook on Global Equity Income
... Information and opinions presented have been obtained or derived from sources believed by Lazard to be reliable. Lazard makes no representation as to their accuracy or completeness. All opinions expressed herein are as of the published date and are subject to change. Certain information included her ...
... Information and opinions presented have been obtained or derived from sources believed by Lazard to be reliable. Lazard makes no representation as to their accuracy or completeness. All opinions expressed herein are as of the published date and are subject to change. Certain information included her ...
Debt Covenants
... • Here the concern is financial policies. • To what extent do incentive conflicts and creditor rights influence financial policies? • How do incentive conflicts and creditor rights influence financial policies? • As in the last paper the focus is on violations. – Violations are frequent but rarely l ...
... • Here the concern is financial policies. • To what extent do incentive conflicts and creditor rights influence financial policies? • How do incentive conflicts and creditor rights influence financial policies? • As in the last paper the focus is on violations. – Violations are frequent but rarely l ...
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.