
Wirtschaftliche Struktur des deutschen Bankensystems
... • Need of new tools that promise improvement in the crisis and complement the regulatory steps FTT increases transaction costs and offers the prospect of slowing down the mutually reinforcing trend of more and more derivative products and shorter holding periods. ...
... • Need of new tools that promise improvement in the crisis and complement the regulatory steps FTT increases transaction costs and offers the prospect of slowing down the mutually reinforcing trend of more and more derivative products and shorter holding periods. ...
Financial Engineering is BACK!
... that “this is a very unusual situation and I don’t know how it plays out”. The KISS principal forces me to focus on defense! The CURRAN RISK to defense is that equity markets can climb higher into 2015-2016 because of unprecedented global ZIRP and global QE policies. This is especially true in the ...
... that “this is a very unusual situation and I don’t know how it plays out”. The KISS principal forces me to focus on defense! The CURRAN RISK to defense is that equity markets can climb higher into 2015-2016 because of unprecedented global ZIRP and global QE policies. This is especially true in the ...
Financial instruments under the Connecting Europe Facility
... • High speed line between Paris and Tours exists, after Tours only traditional tracks • Construction and operation of a 300km high speed rail link between Tours and Bordeaux • €200 million LGTT supporting €3 billion senior debt and €7.8 billion total investment • LGTT proved decisive to attract seni ...
... • High speed line between Paris and Tours exists, after Tours only traditional tracks • Construction and operation of a 300km high speed rail link between Tours and Bordeaux • €200 million LGTT supporting €3 billion senior debt and €7.8 billion total investment • LGTT proved decisive to attract seni ...
Finance and Economic Growth in Malaysia* C.P. Chandrasekhar and Jayati Ghosh
... A more detailed disaggregation of bank credit in 2011 found that 27 per cent of the volume of loans was for purchase of residential property, 14.4 per cent for vehicles, 3.3 per cent for credit cards and 5.1 per cent for “personal use”. Working captial accounted for only 25.3 per cent, and non-resid ...
... A more detailed disaggregation of bank credit in 2011 found that 27 per cent of the volume of loans was for purchase of residential property, 14.4 per cent for vehicles, 3.3 per cent for credit cards and 5.1 per cent for “personal use”. Working captial accounted for only 25.3 per cent, and non-resid ...
Proceedings of 29th International Business Research Conference
... sent from the US market to foreign capital markets. Results suggest the impact of the signal being sent from the US market to most of these countries is statistically significant and negative on the stock returns, showing particular severity for Taiwan and UK markets. Results further suggest that th ...
... sent from the US market to foreign capital markets. Results suggest the impact of the signal being sent from the US market to most of these countries is statistically significant and negative on the stock returns, showing particular severity for Taiwan and UK markets. Results further suggest that th ...
fixed income strategies for a rising interest rate environment
... Opinions expressed herein are those of the featured participant, U.S. Trust, and may differ from those of Bank of America Corporation and its affiliates. The information presented in this video is for discussion purposes only and is not intended to serve as a recommendation or solicitation for the p ...
... Opinions expressed herein are those of the featured participant, U.S. Trust, and may differ from those of Bank of America Corporation and its affiliates. The information presented in this video is for discussion purposes only and is not intended to serve as a recommendation or solicitation for the p ...
Go Back Print this page The Minsky Moment by John Cassidy
... and an unexpected influx of foreign money, particularly Chinese money, into U.S. Treasury bonds. With the cost of borrowing—mortgage rates, in particular—at historic lows, a speculative real-estate boom quickly developed that was much bigger, in terms of over-all valuation, than the previous bubble ...
... and an unexpected influx of foreign money, particularly Chinese money, into U.S. Treasury bonds. With the cost of borrowing—mortgage rates, in particular—at historic lows, a speculative real-estate boom quickly developed that was much bigger, in terms of over-all valuation, than the previous bubble ...
Callable security procedure
... Callable securities provide an issuer (the corporation that issued the debt instrument) with the option to call back or redeem bonds prior to maturity. In some cases, a security may be partially called rather than fully called. To assure that all shareholders are treated fairly in a partial call eve ...
... Callable securities provide an issuer (the corporation that issued the debt instrument) with the option to call back or redeem bonds prior to maturity. In some cases, a security may be partially called rather than fully called. To assure that all shareholders are treated fairly in a partial call eve ...
here - Malta Gaming Authority
... While it is encouraging to note that these results were attained within an environment that is becoming more subject to national protectionism, at least across EU jurisdictions, it is also important to realise that the sector is attracting increasing risks and regulatory focus with respect to financ ...
... While it is encouraging to note that these results were attained within an environment that is becoming more subject to national protectionism, at least across EU jurisdictions, it is also important to realise that the sector is attracting increasing risks and regulatory focus with respect to financ ...
Global Financial Markets in an Era of Turbulence
... Fed encouraged people to take out variable rate mortgages just as interest rates reached all time lows Part of strategy to keep the economy going • Especially important in light of high oil prices • And drag on economy from the Iraq War ...
... Fed encouraged people to take out variable rate mortgages just as interest rates reached all time lows Part of strategy to keep the economy going • Especially important in light of high oil prices • And drag on economy from the Iraq War ...
What Do Financial Market Indicators Tell Us?
... change in inflation expectations from 2008 to 2010. Inflation expectations dropped from a level of 2.7 percent inflation to –2.2 percent inflation (2.2 percent deflation). Inflation expectations have returned to near-normal levels since then. Teacher note: While the Federal Reserve System responded ...
... change in inflation expectations from 2008 to 2010. Inflation expectations dropped from a level of 2.7 percent inflation to –2.2 percent inflation (2.2 percent deflation). Inflation expectations have returned to near-normal levels since then. Teacher note: While the Federal Reserve System responded ...
The liberalisation of the capital market
... accomplished through a printed decree. The desire to simplify public administration was among Struensee’s causes and can also be seen in this order. In addition, the release of the interest rate is found in the same decree as a ban on the export of grain ’to foreign cities.’ ...
... accomplished through a printed decree. The desire to simplify public administration was among Struensee’s causes and can also be seen in this order. In addition, the release of the interest rate is found in the same decree as a ban on the export of grain ’to foreign cities.’ ...
ECONOMIC INSIGHT GREATER CHINA Quarterly briefing Q2 2013
... with aggressive monetary policy, but it’s doubtful if this will resolve the country’s fundamental problems. Key emerging markets have also suffered a growth slump. Russia is the latest of the BRICS economies to come off a fast growth trajectory, joining India, Brazil and South Africa. Global growth ...
... with aggressive monetary policy, but it’s doubtful if this will resolve the country’s fundamental problems. Key emerging markets have also suffered a growth slump. Russia is the latest of the BRICS economies to come off a fast growth trajectory, joining India, Brazil and South Africa. Global growth ...
November 2007 Testimony to Joint Economic Committee of Congress
... global economy stimulated foreign demand for U.S.-produced goods and services, as foreign trade contributed nearly 1 percentage point to the growth of real output last quarter. Notice, again, he seems surprised that the housing sector has little effect on consumer spending. Theoretically, it should ...
... global economy stimulated foreign demand for U.S.-produced goods and services, as foreign trade contributed nearly 1 percentage point to the growth of real output last quarter. Notice, again, he seems surprised that the housing sector has little effect on consumer spending. Theoretically, it should ...
Monetary Law and Monetary Policy 12. Institutional and monetary
... „no bail-out” clause of the Treaty – Art. 125 TFEU: no liability and no assumption of commitments of the public sector entities of any Member State by the Union of any Member State by another Member State Union financial assistance allowed under Art. 122(2) TFEU if a Member State is in difficulties ...
... „no bail-out” clause of the Treaty – Art. 125 TFEU: no liability and no assumption of commitments of the public sector entities of any Member State by the Union of any Member State by another Member State Union financial assistance allowed under Art. 122(2) TFEU if a Member State is in difficulties ...
Balancing LOLR Assistance with Avoidance of Moral Hazard
... Balancing LOLR Assistance with Avoidance of Moral Hazard ...
... Balancing LOLR Assistance with Avoidance of Moral Hazard ...
26th-Pan-Pacific-Conference-of-Real-Estate
... • They conclude greater banking regulation must therefore be ‘the response’ • However, we valuers/appraisers may have a superior remedy .... by employing ‘the theory of valuation’ ...
... • They conclude greater banking regulation must therefore be ‘the response’ • However, we valuers/appraisers may have a superior remedy .... by employing ‘the theory of valuation’ ...
Factsheet Floating Rate Income Trust USD
... change. Note that closed-end funds often trade at a discount to NAV but may trade at a premium. The two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk ...
... change. Note that closed-end funds often trade at a discount to NAV but may trade at a premium. The two main risks related to fixed income investing are interest rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk ...
Review Questions
... Transaction costs are all the costs associated with the borrowing and lending of funds. Financial intermediation decreases these costs because financial intermediaries use experts to evaluate credit risk and to diversify. Also, liabil ities of some financial intermediaries (depository institutions) ...
... Transaction costs are all the costs associated with the borrowing and lending of funds. Financial intermediation decreases these costs because financial intermediaries use experts to evaluate credit risk and to diversify. Also, liabil ities of some financial intermediaries (depository institutions) ...
Discussion of Diewert-Fox: Money and the Measurement of Total
... noncorporate business sectors from the BEA/FRB Integrated Macroeconomic Accounts (IMAs) Some facts about the assets of the U.S. noncorporate business sector: • About 75 percent of total assets are nonfinancial assets, 90 percent of which are real estate holdings • About 25 percent of the sector’s fi ...
... noncorporate business sectors from the BEA/FRB Integrated Macroeconomic Accounts (IMAs) Some facts about the assets of the U.S. noncorporate business sector: • About 75 percent of total assets are nonfinancial assets, 90 percent of which are real estate holdings • About 25 percent of the sector’s fi ...
Document
... 1. Maximize profits? Which year’s profits? A corporation may be able to increase current profits by cutting back on outlays for maintenance or staff training, but that may add value. Shareholders will not welcome higher short-term profits if long-term profits are damaged. 2. A company may be able to ...
... 1. Maximize profits? Which year’s profits? A corporation may be able to increase current profits by cutting back on outlays for maintenance or staff training, but that may add value. Shareholders will not welcome higher short-term profits if long-term profits are damaged. 2. A company may be able to ...
Determination of Exchange Rates
... money supply. Local prices gradually increase over time. Initially the increase in the money supply will drive interest rates down as investors buy more bonds with the excess cash on hand. As the interest rates are now lower capital begins to flow out of the country in search of higher returns. The ...
... money supply. Local prices gradually increase over time. Initially the increase in the money supply will drive interest rates down as investors buy more bonds with the excess cash on hand. As the interest rates are now lower capital begins to flow out of the country in search of higher returns. The ...
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.