Credit Misallocation During the Financial Crisis
... the “lost decade” (Caballero et al., 2008) and, more recently, for the Euro area during the financial crisis (Acharya et al., 2016). Due to data and methodological challenges, however, assessing the consequences of a weakened banking sector on credit allocation and real economic activity is difficul ...
... the “lost decade” (Caballero et al., 2008) and, more recently, for the Euro area during the financial crisis (Acharya et al., 2016). Due to data and methodological challenges, however, assessing the consequences of a weakened banking sector on credit allocation and real economic activity is difficul ...
Document
... In this method inventory records are updated “periodically” normally at the end of accounting period. In this method when the inventory is purchased only one entry for the normal purchases is required to pass and At the time of sales only one entry for normal sales is made The cost of goods sold and ...
... In this method inventory records are updated “periodically” normally at the end of accounting period. In this method when the inventory is purchased only one entry for the normal purchases is required to pass and At the time of sales only one entry for normal sales is made The cost of goods sold and ...
WHEN A LIFE INSURANCE POLICY`S DEATH BENEFIT IS NO
... There are various circumstances (economic, business or personal) where a policy owner desires cash from a policy. Some life insurance policies are designed at inception to be vehicles for long-term, tax-deferred savings. A high cash value policy can provide income for a future need, such as retireme ...
... There are various circumstances (economic, business or personal) where a policy owner desires cash from a policy. Some life insurance policies are designed at inception to be vehicles for long-term, tax-deferred savings. A high cash value policy can provide income for a future need, such as retireme ...
Identifying channels of credit substitution when bank capital
... control through minimum bank capital requirements. When a national regulator raises capital requirements that may constrain the loan supply of the banks that it regulates, but other sources of credit supply consequently may face strong incentives to provide substitute funding. As economists, we stil ...
... control through minimum bank capital requirements. When a national regulator raises capital requirements that may constrain the loan supply of the banks that it regulates, but other sources of credit supply consequently may face strong incentives to provide substitute funding. As economists, we stil ...
The Timing of Asset Sales
... Jiambalvo are relevant to this study: the desire for external financing; and, stakeholder costs associated with implicit contracts. Incentives arising from stakeholder costs are associated with the role of reported earnings in assessing the ability of the firm to honour implicit claims, such as warr ...
... Jiambalvo are relevant to this study: the desire for external financing; and, stakeholder costs associated with implicit contracts. Incentives arising from stakeholder costs are associated with the role of reported earnings in assessing the ability of the firm to honour implicit claims, such as warr ...
american capital senior floating, ltd. - corporate
... Increase in payable for investments purchased Increase in receivable from affiliate Decrease in interest receivable Increase in prepaid expenses and other assets Decrease in interest payable (Decrease) increase in other liabilities and accrued expenses Decrease in payable to affiliate Increase (decr ...
... Increase in payable for investments purchased Increase in receivable from affiliate Decrease in interest receivable Increase in prepaid expenses and other assets Decrease in interest payable (Decrease) increase in other liabilities and accrued expenses Decrease in payable to affiliate Increase (decr ...
martin marietta materials, inc. reports first
... “In order to meet higher demand, we increased heritage aggregates product line production by 8.5%. When unplanned production increases occur early in the year, certain direct production costs, such as supplies and repairs, are typically negatively affected. We also continue to absorb the significant ...
... “In order to meet higher demand, we increased heritage aggregates product line production by 8.5%. When unplanned production increases occur early in the year, certain direct production costs, such as supplies and repairs, are typically negatively affected. We also continue to absorb the significant ...
estimating terminal value
... value more than the stable growth rate. Part of the reason for it is that small changes in the stable growth rate can change the terminal value significantly and the effect gets larger as the growth rate approaches the discount rate used in the estimation. Not surprisingly, analysts often use it to ...
... value more than the stable growth rate. Part of the reason for it is that small changes in the stable growth rate can change the terminal value significantly and the effect gets larger as the growth rate approaches the discount rate used in the estimation. Not surprisingly, analysts often use it to ...
IMF Global Financial Stability Report (GFSR) April 2013
... policy commitments, renewed monetary stimulus, and continued liquidity support. The current report analyzes the key challenges facing financial and nonfinancial firms as they continue to repair their balance sheets and unwind debt overhangs. The report also takes a closer look at the sovereign credi ...
... policy commitments, renewed monetary stimulus, and continued liquidity support. The current report analyzes the key challenges facing financial and nonfinancial firms as they continue to repair their balance sheets and unwind debt overhangs. The report also takes a closer look at the sovereign credi ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... These reports were prepared during the fall of 1991 by independent researchers in each country, in the form of responses to a questionnaire.6 As far as possible, all responses were checked by researchers in the United States against sources available here. Some inadvertent errors probably remain, an ...
... These reports were prepared during the fall of 1991 by independent researchers in each country, in the form of responses to a questionnaire.6 As far as possible, all responses were checked by researchers in the United States against sources available here. Some inadvertent errors probably remain, an ...
United States SECURITIES AND EXCHANGE COMMISSION
... assortment of commercial instrumentation and communication equipment, in consumer products like televisions and telephones, and in automotive, computer and industrial electronic products. Arrays bridge the gap between discrete semiconductors and ICs. Arrays consist of more than one discrete semicond ...
... assortment of commercial instrumentation and communication equipment, in consumer products like televisions and telephones, and in automotive, computer and industrial electronic products. Arrays bridge the gap between discrete semiconductors and ICs. Arrays consist of more than one discrete semicond ...
The Only Spending Rule Article You Will Ever Need
... As briefly noted at the outset, however, Merton (1975, 1977) and Rubinstein (1976) both suggested long ago in their early work on strategic asset allocation policy that the riskless asset is a default-free, inflation-adjusted life annuity or equivalent hedge, not “cash.”4 The idea that households se ...
... As briefly noted at the outset, however, Merton (1975, 1977) and Rubinstein (1976) both suggested long ago in their early work on strategic asset allocation policy that the riskless asset is a default-free, inflation-adjusted life annuity or equivalent hedge, not “cash.”4 The idea that households se ...
South African Capital Flows and Capital Flight over the 1960
... 1. Its volume. Capital flight is characterized as a massive exodus of capital from an economy. The suggestion is that capital flight is determined by essentially the same variables as normal capital flows, though it proves more sensitive to determining variables than normal capital flows. In effect, ...
... 1. Its volume. Capital flight is characterized as a massive exodus of capital from an economy. The suggestion is that capital flight is determined by essentially the same variables as normal capital flows, though it proves more sensitive to determining variables than normal capital flows. In effect, ...
On the Disparity between Corporate Profits and Economic Growth
... To better understand the shift in the relation between corporate profits and economic growth, we examine the relation between corporate profit growth and growth in quarter-ahead domestic investments during the same periods. We find that during the period in which the difference between the U.S. tax ...
... To better understand the shift in the relation between corporate profits and economic growth, we examine the relation between corporate profit growth and growth in quarter-ahead domestic investments during the same periods. We find that during the period in which the difference between the U.S. tax ...
adolph coors company
... ended December 28, 2003. The results of operations for the thirteen weeks ended March 28, 2004, are not necessarily indicative of the results that may be achieved for the full fiscal year and cannot be used to indicate financial performance for the entire year. The year-end condensed balance sheet d ...
... ended December 28, 2003. The results of operations for the thirteen weeks ended March 28, 2004, are not necessarily indicative of the results that may be achieved for the full fiscal year and cannot be used to indicate financial performance for the entire year. The year-end condensed balance sheet d ...
Global Collateral - Cowles Foundation
... et al. (2012) show that during the 2000s European investors purchased U.S. asset-backed securities and similar securities. European expansion was financed by increasing liabilities, while in contrast emerging economies financed their purchases of U.S. assets using current account surpluses. Second, ...
... et al. (2012) show that during the 2000s European investors purchased U.S. asset-backed securities and similar securities. European expansion was financed by increasing liabilities, while in contrast emerging economies financed their purchases of U.S. assets using current account surpluses. Second, ...
Client focused Outcome orientated
... have had the Leave vote. The ability of the business to defend, and even grow, client assets during this period vindicates our business model and underlines its defensive nature. As Mike highlights in his report, Fiduciary Management and Derivatives posted strong investment performance and rebalance ...
... have had the Leave vote. The ability of the business to defend, and even grow, client assets during this period vindicates our business model and underlines its defensive nature. As Mike highlights in his report, Fiduciary Management and Derivatives posted strong investment performance and rebalance ...
Annual Report - Pershing Square Capital Management
... Past performance is not a guarantee of future results. Compound annual returns are those of Pershing Square, L.P. (“PSLP”), the Pershing Square fund with the longest track record and substantially the same investment strategy to the Company. Net returns include the reinvestment of all dividends, int ...
... Past performance is not a guarantee of future results. Compound annual returns are those of Pershing Square, L.P. (“PSLP”), the Pershing Square fund with the longest track record and substantially the same investment strategy to the Company. Net returns include the reinvestment of all dividends, int ...
A big leap forward
... Message from the Chairman 2012 was a great year for the Maybank Group and a particularly eventful one for Maybank Philippines, Inc. (MPI). Consistent with its aspiration to be a regional financial services leader, the Group further expanded its regional footprint, which now spans 10 Asian countries ...
... Message from the Chairman 2012 was a great year for the Maybank Group and a particularly eventful one for Maybank Philippines, Inc. (MPI). Consistent with its aspiration to be a regional financial services leader, the Group further expanded its regional footprint, which now spans 10 Asian countries ...
colgate-palmolive company
... and are included in the accompanying Condensed Consolidated Financial Statements in proportion with estimated annual tax rates, the passage of time or estimated annual sales. ...
... and are included in the accompanying Condensed Consolidated Financial Statements in proportion with estimated annual tax rates, the passage of time or estimated annual sales. ...