MICROECONOMIC THEORY
... into $15,000 of extra wealth in bad times • a fair insurance contract will allow this • the wealth changes promised by insurance ...
... into $15,000 of extra wealth in bad times • a fair insurance contract will allow this • the wealth changes promised by insurance ...
Aris Bogdaneris to speak at Goldman Sachs European
... exchange rates, (7) changes in investor and customer behaviour, (8) changes in general competitive factors, (9) changes in laws and regulations, (10) changes in the policies of governments and/or regulatory authorities, (11) conclusions with regard to purchase accounting assumptions and methodologi ...
... exchange rates, (7) changes in investor and customer behaviour, (8) changes in general competitive factors, (9) changes in laws and regulations, (10) changes in the policies of governments and/or regulatory authorities, (11) conclusions with regard to purchase accounting assumptions and methodologi ...
UNITED STATES SECURITIES AND EXCHANGE
... and 2014 and the corresponding notes, which are included under "Item 18. Financial Statements" of this annual report, were prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). We use accounting practices adop ...
... and 2014 and the corresponding notes, which are included under "Item 18. Financial Statements" of this annual report, were prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). We use accounting practices adop ...
GENESIS ENERGY LP
... Genesis Energy, L.P. (GELP or the Partnership) is a publicly traded Delaware limited partnership engaged in gathering, marketing and transportation of crude oil and wholesale marketing of carbon dioxide (CO2). We were formed in December 1996 through an initial public offering of 8.6 million Common U ...
... Genesis Energy, L.P. (GELP or the Partnership) is a publicly traded Delaware limited partnership engaged in gathering, marketing and transportation of crude oil and wholesale marketing of carbon dioxide (CO2). We were formed in December 1996 through an initial public offering of 8.6 million Common U ...
Capacity Constrained Exporters: Identifying Increasing Marginal
... flexibility to identify the shape of marginal cost, and we consider financial dimensions (in addition to physical constraints), which are more likely to be beyond the control of individual firms. Berman et al. (2011) also find a similar pattern from French firm-level data, but find that the pattern ...
... flexibility to identify the shape of marginal cost, and we consider financial dimensions (in addition to physical constraints), which are more likely to be beyond the control of individual firms. Berman et al. (2011) also find a similar pattern from French firm-level data, but find that the pattern ...
Quota market changes with decrease and increase in stock
... quota ownership. At the same time, this market provides incentive for less efficient operators who have higher fishing costs to exit the fishery, motivated by the compensation they will receive from higher quota prices. ITQ management was introduced to the Tasmanian rock lobster fishery (TRLF) in 19 ...
... quota ownership. At the same time, this market provides incentive for less efficient operators who have higher fishing costs to exit the fishery, motivated by the compensation they will receive from higher quota prices. ITQ management was introduced to the Tasmanian rock lobster fishery (TRLF) in 19 ...
TRANCHING, CDS, AND ASSET PRICES: HOW FINANCIAL
... money on their bad bets; writers of CDS insurance did not even post enough collateral to cover their bets, forcing the government to bail out the beneficiaries; CDS were traded on OTC markets, with a lack of transparency that enabled price gouging; CDS give investors (at least those who wrote much m ...
... money on their bad bets; writers of CDS insurance did not even post enough collateral to cover their bets, forcing the government to bail out the beneficiaries; CDS were traded on OTC markets, with a lack of transparency that enabled price gouging; CDS give investors (at least those who wrote much m ...
Capital Directions
... setting the overall asset allocation strategies utilized by its trust and institutional clients. You benefit as those same strategies are part of PNC Investments’ Capital Directions program. The Committee’s approach is founded on traditional asset allocation concepts with greater diversification. Th ...
... setting the overall asset allocation strategies utilized by its trust and institutional clients. You benefit as those same strategies are part of PNC Investments’ Capital Directions program. The Committee’s approach is founded on traditional asset allocation concepts with greater diversification. Th ...
Boeing 2006 Annual Report
... another strike at our launch systems business. The growing strength of our core commercial airplane and defense businesses can be seen in the 34 percent increase in total backlog — to a record $205 billion at the close of 2005, nearly four times our total revenues for the year. In addition, our stoc ...
... another strike at our launch systems business. The growing strength of our core commercial airplane and defense businesses can be seen in the 34 percent increase in total backlog — to a record $205 billion at the close of 2005, nearly four times our total revenues for the year. In addition, our stoc ...
ESSAYS ON DETERMINANTS OF FINANCIAL BEHAVIOR OF
... and ultimately contribute to the overall stability of financial markets. Research on individuals’ financial behavior encompasses a wide range of theoretical and empirical studies investigating how individuals use financial markets and what factors determine their behavior. Investing and borrowing ar ...
... and ultimately contribute to the overall stability of financial markets. Research on individuals’ financial behavior encompasses a wide range of theoretical and empirical studies investigating how individuals use financial markets and what factors determine their behavior. Investing and borrowing ar ...
2014 ANNUAL REPORT Financial and Corporate Responsibility
... emissions have revolutionized the commercial aerospace ...
... emissions have revolutionized the commercial aerospace ...
Leverage Cycles and The Anxious Economy.
... Since the 1990’s emerging markets have become increasingly integrated into global financial markets, becoming an asset class. However, contrary to what was widely predicted by policy makers and economic theorists, these changes have not translated into better consumption smoothing opportunities for ...
... Since the 1990’s emerging markets have become increasingly integrated into global financial markets, becoming an asset class. However, contrary to what was widely predicted by policy makers and economic theorists, these changes have not translated into better consumption smoothing opportunities for ...
Future Equity Patterns and Baby Boomer Retirements
... Security benefits funded by tax and the private savings. The young determine how much to consume/save by maximizing their objective function, an expected logarithmic utility function (Equation 8), which is increasing in current and future consumption. The choice of logarithmic utility is standard in ...
... Security benefits funded by tax and the private savings. The young determine how much to consume/save by maximizing their objective function, an expected logarithmic utility function (Equation 8), which is increasing in current and future consumption. The choice of logarithmic utility is standard in ...
Leverage Cycles and the Anxious Economy
... tell a story that places liquidity and leverage on center stage, but that does not have the extreme behavior of the sell-off. In order to understand the role of leverage in the anxious economy, in Section IV we introduce our model of general equilibrium with incomplete markets and collateral. Agents ...
... tell a story that places liquidity and leverage on center stage, but that does not have the extreme behavior of the sell-off. In order to understand the role of leverage in the anxious economy, in Section IV we introduce our model of general equilibrium with incomplete markets and collateral. Agents ...
market efficiency in baltic stock markets
... According to Harris (2011), the main functions for the financial system are to give ability for people: to save money for the future, to borrow money for current use, to raise equity capital, to manage risks, to exchange assets for immediate and future deliveries, to trade on information. In additio ...
... According to Harris (2011), the main functions for the financial system are to give ability for people: to save money for the future, to borrow money for current use, to raise equity capital, to manage risks, to exchange assets for immediate and future deliveries, to trade on information. In additio ...
Americas Real SnapShot
... In the current scenario, the number of transactions involving commercial buildings is down because of a marked difference between values being asked and offered. Many sellers do not want to recognize any losses amid the current economic prospects, while buyers price properties to account for the los ...
... In the current scenario, the number of transactions involving commercial buildings is down because of a marked difference between values being asked and offered. Many sellers do not want to recognize any losses amid the current economic prospects, while buyers price properties to account for the los ...
To hedge or not to hedge? Evaluating currency
... When investors buy foreign assets, they obtain exposure not only to the underlying securities but also to foreign currency, meaning that movements in exchange rates play a significant role in determining the performance of a foreign investment. Increasingly, investors are wondering whether to hedge ...
... When investors buy foreign assets, they obtain exposure not only to the underlying securities but also to foreign currency, meaning that movements in exchange rates play a significant role in determining the performance of a foreign investment. Increasingly, investors are wondering whether to hedge ...
Empirical Analysis of Stock Returns and Volatility of the
... investors experience. Volatility is a measure of dispersion around the mean or average return of a security. One way to measure volatility is by using the standard deviation, which tells you how tightly the price of a stock is grouped around the mean or moving average (MA). When the prices are tight ...
... investors experience. Volatility is a measure of dispersion around the mean or average return of a security. One way to measure volatility is by using the standard deviation, which tells you how tightly the price of a stock is grouped around the mean or moving average (MA). When the prices are tight ...
Certified Management Accountant
... sales with buyback agreements, sales when right of return exists, and trade loading (or channel stuffing) ii. identify instances where revenue is recognized before delivery and when it is recognized after delivery jj. distinguish between percentage-of-completion and completed-contract methods for re ...
... sales with buyback agreements, sales when right of return exists, and trade loading (or channel stuffing) ii. identify instances where revenue is recognized before delivery and when it is recognized after delivery jj. distinguish between percentage-of-completion and completed-contract methods for re ...
clsa christopher wood
... The relative lack of foreign selling of Indian equities is explained by the fact, as previously discussed here (see GREED & fear – Tapered off?, 6 June 2013), that foreign investors are crowded into ‘quality’, albeit expensive, stocks that have outperformed. Still the devastation in the currency mea ...
... The relative lack of foreign selling of Indian equities is explained by the fact, as previously discussed here (see GREED & fear – Tapered off?, 6 June 2013), that foreign investors are crowded into ‘quality’, albeit expensive, stocks that have outperformed. Still the devastation in the currency mea ...
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.