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RTF 49.1 KB - Productivity Commission
RTF 49.1 KB - Productivity Commission

... the $AUS rises and falls – especially as it has done over the past 10 years Australian houses become more or less attractive to overseas investors. In the same way if housing investment becomes far less profitable than investing in say the share market then house prices would be expected to fall and ...
The Yield Curve
The Yield Curve

... bond equals the average of shortterm rates expected to occur over the lifetime of the long-term bond plus a risk premium due to higher market risk in the long-term bond. ...
What are the end-of-period-adjustments in accounting?  Peter Baskerville
What are the end-of-period-adjustments in accounting? Peter Baskerville

... End-of-period-adjustments in accounting are journal entries made to the accounts of a business prior to the preparation and distribution of the financial statements for a given accounting period. End-of-period adjustments ensure that the these financial statements reflect the true financial position ...
Sunway Berhad
Sunway Berhad

... Readers should be fully aware that this report is for information purposes only. The opinions contained in this report are based on information obtained or derived from sources that we believe are reliable. MIDF AMANAH INVESTMENT BANK BERHAD makes no representation or warranty, expressed or implied, ...
Paper - Federal Reserve Bank of Kansas City
Paper - Federal Reserve Bank of Kansas City

... My work with Julian Kozlowski and Venky Venkateswaran explores the reasons for sustained, high tail  risk and its consequences for real activity as well as financial market outcomes, such as low interest  rates8. We argue that tail risk remained high after the financial crisis because agents learne ...
emerging economies are less dependent on debt, less vulnerable to
emerging economies are less dependent on debt, less vulnerable to

... even modest portfolio rebalancing of international investors can result in greater volatility of net flows (the difference between capital entering and capital leaving a country). If an economy comes under pressure, inflows can stop and outflows rise simultaneously, leading to a double blow in terms ...
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an indication of a `credit-fuelled` burst that was `fictitious`.
an indication of a `credit-fuelled` burst that was `fictitious`.

... for imperialism. However, it is worth making some brief points on this topic. Public expenditure is largely financed through taxation, so it is a drain on the private capitalist sector and on the total surplus value produced, even though some of the expenditures may also benefit sections of private ...
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2014 Market Outlook - KMG Private Wealth Management

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Week in Focus - Investment banking

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... different countries. This directly affects the cost of capital for the individual firms that rely on capital market financing. Furthermore, as New Zealand is highly indebted, and we continue to run current account deficits and borrow from abroad, international financial market conditions directly af ...
Investor Relations Communications Plan
Investor Relations Communications Plan

... quantitative techniques based on key financial fundamentals of an investor's portfolio: primarily, the portions of the portfolio above the weighted average of the S&P 500 for price-to-earnings ratio, dividend yield, price-to-book ratio, and five year estimated earnings per share (EPS) growth. An ins ...
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time-varying effects of housing and stock prices
time-varying effects of housing and stock prices

... reflects, in part, the wealth effect on household spending. The wealth effect characterises the mechanism through which asset price fluctuations may affect financial and business cycles dynamics, making it crucial for policymakers in charge of macroeconomic and financial stability. This paper consid ...
Shaping the New Financial System
Shaping the New Financial System

... preceding the recent crisis.2 The FSB’s role in this process stems from its unique capacity as a forum for the international standard setters and other international bodies, as well as officials from regulatory agencies, central banks, and treasuries of its member countries. The IMF, for its part, a ...
PSG Global Equity Feeder Fund Class A
PSG Global Equity Feeder Fund Class A

... The information and content of this publication is provided by PSG as general information about its products. The information does not constitute any advice and we recommend that you consult with a qualified financial adviser before making investment decisions. For further information on the funds a ...
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Choices and Best Practice in Corporate Risk Management Disclosure

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A Problem With the Pure Time Preference Theory of Interest:

... Here we see that Sraffa conceives of market prices in the fashion of the classical economists. Yes, a sudden surge in demand can drive up the actual price of cotton above its “costs of production,” but then the higher profits will lead to more cotton production, which would push the cotton price bac ...
“Carry Trade” Model of Commodity Prices
“Carry Trade” Model of Commodity Prices

... for storage costs) for the foreign interest rate. A popular alternative approach is the competitive storage model of Deaton and Laroque (1996). ...
Donated Capital Asset
Donated Capital Asset

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Financial turmoil and global imbalances: ... Bretton Woods II?

... Note, the global economic and monetary arrangements authored by the US after WWII – the so-called Bretton Woods system – did not allow a large-scale transfer of net savings between countries via the current account (Brenner and Pisani, 2007). The system’s raison d’etre was to rehabilitate global tra ...
BOX INC (Form: 4, Received: 04/11/2017 21:30:05)
BOX INC (Form: 4, Received: 04/11/2017 21:30:05)

... have maintained a level that is 25% higher than the options' exercise price (rounded down to the nearest whole penny) for a period of 30 consecutive trading days. If the performance condition in clause (b) is not met prior to the fourth anniversary of the grant date, no options will vest and all wil ...
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Financial economics

Financial economics is the branch of economics characterized by a ""concentration on monetary activities"", in which ""money of one type or another is likely to appear on both sides of a trade"". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing (or ""investment theory"") and corporate finance; the first being the perspective of providers of capital and the second of users of capital.The subject is concerned with ""the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment"". It therefore centers on decision making under uncertainty in the context of the financial markets, and the resultant economic and financial models and principles, and is concerned with deriving testable or policy implications from acceptable assumptions. It is built on the foundations of microeconomics and decision theory.Financial econometrics is the branch of financial economics that uses econometric techniques to parameterise these relationships. Mathematical finance is related in that it will derive and extend the mathematical or numerical models suggested by financial economics. Note though that the emphasis there is mathematical consistency, as opposed to compatibility with economic theory.Financial economics is usually taught at the postgraduate level; see Master of Financial Economics. Recently, specialist undergraduate degrees are offered in the discipline.Note that this article provides an overview and survey of the field: for derivations and more technical discussion, see the specific articles linked.
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