Ulrich Höller`s boundless energy and wide range of interests have
... He’s very energetic and travels a lot, also privately, and enjoys getting a different perspective.’ Charls describes Höller as ‘very dynamic and very personable’. ‘When he takes something on he goes for it 200%. He’s a very reliable partner, a good thinker and a good strategist. He really makes a diff ...
... He’s very energetic and travels a lot, also privately, and enjoys getting a different perspective.’ Charls describes Höller as ‘very dynamic and very personable’. ‘When he takes something on he goes for it 200%. He’s a very reliable partner, a good thinker and a good strategist. He really makes a diff ...
Chapter 12 Monopolistic Competition and Oligopoly
... In some oligopolistic markets, one large firm has a major share of total sales, and a group of smaller firms supplies the remainder of the market. ...
... In some oligopolistic markets, one large firm has a major share of total sales, and a group of smaller firms supplies the remainder of the market. ...
Corporate Hedging for Foreign Exchange Risk in India
... 1979). However, when the efficient markets theory is applied to the foreign exchange market under floating exchange rates there is some evidence to suggest that the present prices properly reflect all available information.(Giddy and Dufey, 1992). This implies that exchange rates react to new inform ...
... 1979). However, when the efficient markets theory is applied to the foreign exchange market under floating exchange rates there is some evidence to suggest that the present prices properly reflect all available information.(Giddy and Dufey, 1992). This implies that exchange rates react to new inform ...
Market-specific and Currency-specific Risk During the Global
... This paper explores how international money markets reflected credit and liquidity risks during the global financial crisis. After matching the currency denomination, we investigate how the Tokyo Interbank Offered Rate (TIBOR) was synchronized with the London Interbank Offered Rate (LIBOR) denominat ...
... This paper explores how international money markets reflected credit and liquidity risks during the global financial crisis. After matching the currency denomination, we investigate how the Tokyo Interbank Offered Rate (TIBOR) was synchronized with the London Interbank Offered Rate (LIBOR) denominat ...
Description of Government Bonds auctions
... By decree of the Ministry of Economy and Finance, the intermediary must guarantee – to those who subscribe the bonds at auction – the weighted average price resulting from the same auction. THE MARGINAL AUCTION The marginal auction provides that all the requests are auctioned at the same price, the ...
... By decree of the Ministry of Economy and Finance, the intermediary must guarantee – to those who subscribe the bonds at auction – the weighted average price resulting from the same auction. THE MARGINAL AUCTION The marginal auction provides that all the requests are auctioned at the same price, the ...
Publication - Oxford Institute for Energy Studies
... explain the variation in the basis in terms of changes in the fundamentals of supply and demand and/or storage technology of the underlying commodity (Kaldor, 1939; Working, 1948; Brennan, 1958; and Telser, 1958). Other studies explain the variation in the basis in terms of time-varying risk premium ...
... explain the variation in the basis in terms of changes in the fundamentals of supply and demand and/or storage technology of the underlying commodity (Kaldor, 1939; Working, 1948; Brennan, 1958; and Telser, 1958). Other studies explain the variation in the basis in terms of time-varying risk premium ...
Document
... High information ratio as premium of the Value strategy is not correlated with that of the Growth strategy, and therefore mitigates style risk ...
... High information ratio as premium of the Value strategy is not correlated with that of the Growth strategy, and therefore mitigates style risk ...
Indeterminacy in Sovereign Debt Markets: an Empirical Investigation ∗ Luigi Bocola
... spreads and debt duration provides key information to accomplish this goal. Our argument builds on two key properties of canonical sovereign default models. First, if default risk reflects the expectation of a future rollover crisis, then the government has incentives to lengthen the maturity of its ...
... spreads and debt duration provides key information to accomplish this goal. Our argument builds on two key properties of canonical sovereign default models. First, if default risk reflects the expectation of a future rollover crisis, then the government has incentives to lengthen the maturity of its ...
Bear Stearns
... Key Explanations: Although Bear Stearns does, in fact, pay a dividend, we do not believe that a valuation based on discounting dividends would accurately reflect Bear Stearns' intrinsic price. Notice that Bear Stearns' payout ratio is very small in comparison to the payouts of its closest competitor ...
... Key Explanations: Although Bear Stearns does, in fact, pay a dividend, we do not believe that a valuation based on discounting dividends would accurately reflect Bear Stearns' intrinsic price. Notice that Bear Stearns' payout ratio is very small in comparison to the payouts of its closest competitor ...
P a g e 1
... been conducted in recent years? What considerations should govern our choice of future path?” “So how did we get to where we are now, with such low interest rates? In the long run, it is structural factors such as the conditions for growth and the willingness to save that determine the level of the ...
... been conducted in recent years? What considerations should govern our choice of future path?” “So how did we get to where we are now, with such low interest rates? In the long run, it is structural factors such as the conditions for growth and the willingness to save that determine the level of the ...
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C.
... In December 1992, Chemed purchased The Veratex Group from Omnicare. As a result of the purchase and for administrative purposes, employees of The Veratex Group became eligible for participation in the Plan effective January 1, 1993. Assets of the Omnicare Employees Savings and Investment and Employe ...
... In December 1992, Chemed purchased The Veratex Group from Omnicare. As a result of the purchase and for administrative purposes, employees of The Veratex Group became eligible for participation in the Plan effective January 1, 1993. Assets of the Omnicare Employees Savings and Investment and Employe ...
Interest Rate Risk Management for Commercial
... In order to apply a comparable and widely accepted measure for the interest rate risk of banks, we follow the “standardized interest rate shock” approach also proposed within the new Basel Capital Accord (Basel II), that are published by the Basel Committee on Banking Supervision (2004). The committ ...
... In order to apply a comparable and widely accepted measure for the interest rate risk of banks, we follow the “standardized interest rate shock” approach also proposed within the new Basel Capital Accord (Basel II), that are published by the Basel Committee on Banking Supervision (2004). The committ ...
Memo 6 ”Risks to the macroeconomy and financial stability arising
... A key message we wish to convey is that developments in household indebtedness and housing prices are interrelated. Assessments of the long-term levels of housing prices and household indebtedness are sensitive to assumptions regarding long-term expectations of movements in the interest rate and hou ...
... A key message we wish to convey is that developments in household indebtedness and housing prices are interrelated. Assessments of the long-term levels of housing prices and household indebtedness are sensitive to assumptions regarding long-term expectations of movements in the interest rate and hou ...
The Macroeconomic Effects of Large-Scale Asset Purchase Programs
... (a “preferred habitat” motive, similar to Vayanos and Vila, 2009). We do not model the details of why assets of different maturities are imperfect substitutes. Rather, we postulate that this type of market segmentation exists and estimate the importance of this friction for the transmission mechanis ...
... (a “preferred habitat” motive, similar to Vayanos and Vila, 2009). We do not model the details of why assets of different maturities are imperfect substitutes. Rather, we postulate that this type of market segmentation exists and estimate the importance of this friction for the transmission mechanis ...
Explain what is meant by the term structure of interest rates. Critically
... investors used the Treasury market to construct yield curves by observing its prices and yields. Treasuries issued by the government are considered risk‐free; hence their yields are often used as the benchmarks for fixed‐income securities with the same maturities. The term structure of intere ...
... investors used the Treasury market to construct yield curves by observing its prices and yields. Treasuries issued by the government are considered risk‐free; hence their yields are often used as the benchmarks for fixed‐income securities with the same maturities. The term structure of intere ...
market efficiency in baltic stock markets
... conducted to examine if superior risk-adjusted returns can be achieved using momentum trading strategy and if there are any day-of-the-week effects. Thesis documents that specifics of the Baltic stock markets provide both arguments for and against market efficiency in the Baltic stock markets. By be ...
... conducted to examine if superior risk-adjusted returns can be achieved using momentum trading strategy and if there are any day-of-the-week effects. Thesis documents that specifics of the Baltic stock markets provide both arguments for and against market efficiency in the Baltic stock markets. By be ...
