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GOLDEN STAR RESOURCES LTD (Form: 10-Q/A
GOLDEN STAR RESOURCES LTD (Form: 10-Q/A

... These consolidated financial statements and the accompanying notes are unaudited and should be read in conjunction with the audited consolidated financial statements and related notes thereto included in our annual report on Form 10-K, as amended, for the year ended December 31, 2004, on file with t ...
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... Describe the functions of money (e.g., medium of exchange, unit of measure, store of value, incentive) (FI:060) (PQ) a. Explain why money is used as a medium of exchange. b. Discuss how money is used as a unit of measure. c. Describe how money is used as a store of value. d. Explain how money is use ...
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... Compliance with option 1 or option 2 would require (particularly in relation to option 1) delegates holding client assets to create and maintain a significant number of additional client omnibus accounts. These additional client omnibus accounts would not deliver a higher level of investor asset pro ...
Systemic Risk and Hedge Funds
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... a challenging period of lower expected returns, and that systemic risk has been increasing steadily over the recent past. Our preliminary findings must be qualified by the acknowledgement that all of our measures of systemic risk are indirect, and therefore open to debate and interpretation. The mai ...
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Short-term Expectations in Listed Firms: The Effects of Different

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The Future of Futures: The Time of Money in Financing and Society

... to show that the ambiguity belongs to the analysed phenomena. It leads to both their difficulty and their fascinating appeal. Because of this ambiguity, the book and its title can be read in many different ways. Why the future of futures? Futures stand here for derivatives as a whole, as options, sw ...
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... across a range of yields (e.g., fig. 1) or prices according to their expectations. The range of possible yields or prices and the "width" of categories within the range were based on prior evaluation of the questionnaire by Imperial Valley producers.' The probability elicitation method selected fall ...
Financing Sustainability - (V2G) Conference, Amsterdam May 2017
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This PDF is a selection from a published volume from... National Bureau of Economic Research

... deleveraging is a key element of the crisis, not a lagged eVect. Leverage on new loans reveals much more quickly the state of the economy. Of course leverage oVered on new loans was not being monitored, so they could not have presented such data even if they had wanted to. Leverage data on individua ...
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Yield Curve Primer

... What are the different uses of the yield curve? The yield curve provides a reference tool for comparing bond yields and maturities that can be used for several purposes. First, the yield curve has an impressive record as a leading indicator of economic conditions, alerting investors to an imminent r ...
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Technical Note on Stress Testing for IIFS

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... in Chapter 7, views an intensity model as a structural model with incomplete information, and clarifies the sense in which an intensity model can arise from a structural model with incomplete information. Its practicality is limited at this stage. On the other hand, some of the rating-based models th ...
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Hedge Funds, Managerial Skill, and Macroeconomic Variables

... hedge fund managers. Fung, Hsieh, Naik, and Ramadorai (2008) split their sample of funds of funds into have-alpha and beta-only funds. They find that have-alpha funds exhibit better survival rates and experience steadier inflows than do beta-only funds. Kosowski, Naik, and Teo (2007) demonstrate, us ...
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Financial Capability in the United States

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... which the Fund invests will trail returns from the overall stock market. Small-, mid-, and large-cap stocks each tend to go through cycles of doing better—or worse—than other segments of the stock market or the stock market in general. These periods have, in the past, lasted for as long as several y ...
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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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