
The Feature Analysis of Capacity for Technological Innovation of
... allowed the US to suck up the savings of the rest of the world and consume more than it produced. American deficit of current account is 6.2% of its GDP in 2006. Through marketing more and more intricate products and more bounteous condition, financial market encourages consumer lending. Since 1980, ...
... allowed the US to suck up the savings of the rest of the world and consume more than it produced. American deficit of current account is 6.2% of its GDP in 2006. Through marketing more and more intricate products and more bounteous condition, financial market encourages consumer lending. Since 1980, ...
TRMCX TRMIX TAMVX RRMVX Mid-Cap Value Fund Investor Class
... Investment style risks Different investment styles tend to shift in and out of favor depending on market conditions and investor sentiment. The fund’s value approach to investing could cause it to underperform other stock funds that employ a different investment style. The intrinsic value of a stock ...
... Investment style risks Different investment styles tend to shift in and out of favor depending on market conditions and investor sentiment. The fund’s value approach to investing could cause it to underperform other stock funds that employ a different investment style. The intrinsic value of a stock ...
Official PDF , 36 pages
... Changes in nominal exchangerates among creditor countries have had major effectson the value of the outstandingdebt of some.countries.Nevertheless,-the analysis that follow'shas.little to say about. the implicaions of changes in debt obligations that result frbm currency swings. To concentrate on th ...
... Changes in nominal exchangerates among creditor countries have had major effectson the value of the outstandingdebt of some.countries.Nevertheless,-the analysis that follow'shas.little to say about. the implicaions of changes in debt obligations that result frbm currency swings. To concentrate on th ...
Short selling around the world with applications to the S…
... prices. Long investors can easily incorporate good news into stock prices by buying stocks. However, if only optimistic information is incorporated in stock prices and the bad news is kept out, then stock prices will temporarily be higher than their true values and investors will ultimately be disap ...
... prices. Long investors can easily incorporate good news into stock prices by buying stocks. However, if only optimistic information is incorporated in stock prices and the bad news is kept out, then stock prices will temporarily be higher than their true values and investors will ultimately be disap ...
EXECUTIVE REMUNERATION AND FIRM PERFORMANCE
... any other benefits whereas Ingham and Thompson’s (1995a) measure, for example, includes the salary component only. The inclusion of these additional components is important because they may be used to align managers’ interests with those of the owners. Second, the relationship between the mean remun ...
... any other benefits whereas Ingham and Thompson’s (1995a) measure, for example, includes the salary component only. The inclusion of these additional components is important because they may be used to align managers’ interests with those of the owners. Second, the relationship between the mean remun ...
Filed pursuant to Rule 424(b)(3) File No. 333
... by the Central Bank on September 30, 2002 is based upon the actual exchange rate of September 30, 2002 and is the exchange rate specified by the Superintendency of Banks for use by Chilean banks in the preparation of their financial statements for the periods ended September 30, 2002. The observed e ...
... by the Central Bank on September 30, 2002 is based upon the actual exchange rate of September 30, 2002 and is the exchange rate specified by the Superintendency of Banks for use by Chilean banks in the preparation of their financial statements for the periods ended September 30, 2002. The observed e ...
Opaque Financial Reporting due to Unemployment Concerns
... benefit claimants, as a proportion of state population. We show that lower unemployment insurance increases opacity more for firms that are inherently riskier, i.e., growth firms, and firms with higher bankruptcy risk and low cash flows. We also find that higher unemployment insurance had a greater ...
... benefit claimants, as a proportion of state population. We show that lower unemployment insurance increases opacity more for firms that are inherently riskier, i.e., growth firms, and firms with higher bankruptcy risk and low cash flows. We also find that higher unemployment insurance had a greater ...
annex - Financial Ombudsman
... This edition contained a survey entitled “Investment Trusts: Doing the splits – Sector restructuring and the arrival of external gearing may have breathed new life into the split cap sector but investment remains a careful balancing act.” The survey reported – “As one might expect of any geared play ...
... This edition contained a survey entitled “Investment Trusts: Doing the splits – Sector restructuring and the arrival of external gearing may have breathed new life into the split cap sector but investment remains a careful balancing act.” The survey reported – “As one might expect of any geared play ...
Chapter 7: The Demand for Money
... for goods in the economy then falls, and with it production and employment. Inflation will decline, but usually not before the economy experiences a recession. Interest rates connect the monetary economy of banks and financial markets with the real economy of the production, distribution, and consum ...
... for goods in the economy then falls, and with it production and employment. Inflation will decline, but usually not before the economy experiences a recession. Interest rates connect the monetary economy of banks and financial markets with the real economy of the production, distribution, and consum ...
World Economic Situation and Prospects 2012
... Global economic prospects for 2012 and 2013 The world economy is on the brink of another major downturn The world economy is teetering on the brink of another major downturn. Output growth has already slowed considerably during 2011 and anaemic growth is expected during 2012 and 2013. The problems s ...
... Global economic prospects for 2012 and 2013 The world economy is on the brink of another major downturn The world economy is teetering on the brink of another major downturn. Output growth has already slowed considerably during 2011 and anaemic growth is expected during 2012 and 2013. The problems s ...
Commercial Risk Europe
... Europe or the US. “On paper they can be as hard as any and they are certainly catching up,” he said. For many industries China now has compulsory coverages in place. They vary from province to province and are often serviced by local insurance pools. Mr Russek also said that the environmental risk l ...
... Europe or the US. “On paper they can be as hard as any and they are certainly catching up,” he said. For many industries China now has compulsory coverages in place. They vary from province to province and are often serviced by local insurance pools. Mr Russek also said that the environmental risk l ...
Sample
... 28) General Electric (GE) has been a public company for many years with its common stock traded on the New York Stock Exchange. If GE decides to sell 500,000 shares of new common stock, the transaction will be describe as A) an initial public offering. B) a secondary market transaction because GE co ...
... 28) General Electric (GE) has been a public company for many years with its common stock traded on the New York Stock Exchange. If GE decides to sell 500,000 shares of new common stock, the transaction will be describe as A) an initial public offering. B) a secondary market transaction because GE co ...
Non-Exclusive Competition under Adverse Selection
... be supported in equilibrium when buyers are restricted to offer linear price schedules. Jaynes (1978) points out that the separating equilibrium characterized by Rothschild and Stiglitz (1976) is vulnerable to entry by an insurance company proposing additional trades that can be concealed from the o ...
... be supported in equilibrium when buyers are restricted to offer linear price schedules. Jaynes (1978) points out that the separating equilibrium characterized by Rothschild and Stiglitz (1976) is vulnerable to entry by an insurance company proposing additional trades that can be concealed from the o ...
united states securities and exchange commission
... The Journeys Group segment, including Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys retail stores, catalog and e-commerce operations, accounted for approximately 43% of the Company’s net sales in Fiscal 2013. Operating income attributable to Journeys Group was $106.9 million i ...
... The Journeys Group segment, including Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys retail stores, catalog and e-commerce operations, accounted for approximately 43% of the Company’s net sales in Fiscal 2013. Operating income attributable to Journeys Group was $106.9 million i ...
Form: 8-K, Received: 04/26/2017 08:31:57
... regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, plans and objectives of management for future operations, and compliance with credit agreement covenants are forward-looking statements. ...
... regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, plans and objectives of management for future operations, and compliance with credit agreement covenants are forward-looking statements. ...
Proposals to Enhance Regulatory Safeguards for Investors in the
... MAS does not seek to judge the merit of each scheme or product being offered. All investments have risks, and regulation does not and cannot guarantee the viability of products offered, or that the products will deliver on expected returns. However, MAS is of the view that where products are being o ...
... MAS does not seek to judge the merit of each scheme or product being offered. All investments have risks, and regulation does not and cannot guarantee the viability of products offered, or that the products will deliver on expected returns. However, MAS is of the view that where products are being o ...
Does a Structural Macroeconomic Model Help Long
... Several papers demonstrate that macro variables are useful for predicting financial returns. See, e.g., Cochrane (1991), Lettau and Ludvigson (2001), Santos and Veronesi (2006), and Cooper and Priestley (2008) for stock returns and Ang and Piazzesi (2003), Hördahl et al. (2008), and Rudebusch and ...
... Several papers demonstrate that macro variables are useful for predicting financial returns. See, e.g., Cochrane (1991), Lettau and Ludvigson (2001), Santos and Veronesi (2006), and Cooper and Priestley (2008) for stock returns and Ang and Piazzesi (2003), Hördahl et al. (2008), and Rudebusch and ...
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.