Slide 1 - OECD.org
... • Establishment of a suitable data base with following characteristics: • Small enterprises and enterprises with a very large multiplier should be excluded. • Very large enterprises (Stoxx600 in Europe) should be excluded. • List of shares on stock exchange should be divided into 10 NACE industries. ...
... • Establishment of a suitable data base with following characteristics: • Small enterprises and enterprises with a very large multiplier should be excluded. • Very large enterprises (Stoxx600 in Europe) should be excluded. • List of shares on stock exchange should be divided into 10 NACE industries. ...
The eagle. A model for policy analysis of macroeconomic
... tradable, imported tradable and nontradable intermediate goods. The final goods can be used for private consumption and for private investment. The intermediate goods are produced by firms under monopolistic competition using domestic labor and capital. Hence, they set nominal prices to maximize pro ...
... tradable, imported tradable and nontradable intermediate goods. The final goods can be used for private consumption and for private investment. The intermediate goods are produced by firms under monopolistic competition using domestic labor and capital. Hence, they set nominal prices to maximize pro ...
Regional pull vs global push factors
... events set in train the strong multi-year capital flows to Asia. The reverse occurred in mid-2013 in the “taper tantrum” episode. While the period of heightened market volatility was triggered by speculation over an earlier than expected US tapering, concerns over China’s growth prospects are also l ...
... events set in train the strong multi-year capital flows to Asia. The reverse occurred in mid-2013 in the “taper tantrum” episode. While the period of heightened market volatility was triggered by speculation over an earlier than expected US tapering, concerns over China’s growth prospects are also l ...
NBER WORKING PAPER SERIES AUSTRALIAN GOVERNMENT BALANCE SHEET MANAGEMENT Wilson Au-Yeung Jason McDonald
... The government balance sheet is a measure of the government’s financial position at a point in time. Government balance sheet management is concerned with how the balance sheet may move through time. Managing the risks affecting the government balance sheet can assist in avoiding, or at least amelio ...
... The government balance sheet is a measure of the government’s financial position at a point in time. Government balance sheet management is concerned with how the balance sheet may move through time. Managing the risks affecting the government balance sheet can assist in avoiding, or at least amelio ...
The Financial Futures Association of Japan Publication date : 31
... The overall trading volume of financial futures transaction during this term sharply dropped compared to the previous term. Trading volume of On-exchange financial futures transactions decreased by 21.0% and OTC financial futures transactions declined by 24.9% for a sluggish FX margin trading. While ...
... The overall trading volume of financial futures transaction during this term sharply dropped compared to the previous term. Trading volume of On-exchange financial futures transactions decreased by 21.0% and OTC financial futures transactions declined by 24.9% for a sluggish FX margin trading. While ...
M. Singer: The economic and financial crisis from the point of view of
... • The domestic financial sector should be capable of withstanding incoming shocks to a large extent The Czech financial system remains stable and public confidence in banking institutions persists M. Singer: The economic and financial crisis from the point of view of Czech banks ...
... • The domestic financial sector should be capable of withstanding incoming shocks to a large extent The Czech financial system remains stable and public confidence in banking institutions persists M. Singer: The economic and financial crisis from the point of view of Czech banks ...
2001:3 The International Monetary Fund´s quotas
... framework of the IMF’s operations was thus to create opportunities for the countries to finance their current account deficits and correspondingly to deposit surpluses to be able to maintain the established exchange rate. This in itself assumed a permanent, continuous co-operation to establish joint ...
... framework of the IMF’s operations was thus to create opportunities for the countries to finance their current account deficits and correspondingly to deposit surpluses to be able to maintain the established exchange rate. This in itself assumed a permanent, continuous co-operation to establish joint ...
Pricing-to-Market - The Review of Economic Studies
... how the relative markup between foreign and home markets implied by optimal reset prices responds to movements in nominal exchange rates between the two markets. By focusing on optimal reset prices, we isolate that part of pricing-to-market that is not mechanically due to price stickiness. Our data ...
... how the relative markup between foreign and home markets implied by optimal reset prices responds to movements in nominal exchange rates between the two markets. By focusing on optimal reset prices, we isolate that part of pricing-to-market that is not mechanically due to price stickiness. Our data ...
china`s growing influence in southeast asia - monetary - S
... China’s role in Southeast Asia by focusing on China’s evolving monetary policy and how it affects financial markets in the region. Most previous studies on monetary transmissions have focused on US monetary policy. This is natural, given the size of the US economy and the unique role the US dollar p ...
... China’s role in Southeast Asia by focusing on China’s evolving monetary policy and how it affects financial markets in the region. Most previous studies on monetary transmissions have focused on US monetary policy. This is natural, given the size of the US economy and the unique role the US dollar p ...
4. S D upply and
... The GDP data of the third quarter of 2013 suggest that economic activity remained largely consistent with the outlook presented in the October Inflation Report. Seasonally adjusted data point to an increase by 0.9 percentage points in the GDP on a quarterly basis. Thus, economic activity, which gain ...
... The GDP data of the third quarter of 2013 suggest that economic activity remained largely consistent with the outlook presented in the October Inflation Report. Seasonally adjusted data point to an increase by 0.9 percentage points in the GDP on a quarterly basis. Thus, economic activity, which gain ...
Excess money growth and inflation dynamics
... The study analyses the developments of financial, real and monetary indicators around periods of strong monetary growth. In particular, we make use of historical series of a broad monetary aggregate, roughly equivalent to M2 or M3 (depending on the country considered) and year-on-year changes in the ...
... The study analyses the developments of financial, real and monetary indicators around periods of strong monetary growth. In particular, we make use of historical series of a broad monetary aggregate, roughly equivalent to M2 or M3 (depending on the country considered) and year-on-year changes in the ...
Currency blocs in the 21st century
... Oomes (2009) explicitly consider anchor currency choice but their sample ends in 1998, the year before the euro was introduced. Since then, the situation has changed fundamentally because, now, there are two major currency blocs instead of just one. A further contribution made by this part of the pa ...
... Oomes (2009) explicitly consider anchor currency choice but their sample ends in 1998, the year before the euro was introduced. Since then, the situation has changed fundamentally because, now, there are two major currency blocs instead of just one. A further contribution made by this part of the pa ...
exchange rate volatility and exports in south africa
... dollars) among emerging market currencies (Galati (2000)). In April 2005 the South African Rand accounted for 0.4 percent of global foreign exchange transactions (with an average daily turnover of 10 bn dollars) and was at the same level than other larger emerging markets such as Mexico, according t ...
... dollars) among emerging market currencies (Galati (2000)). In April 2005 the South African Rand accounted for 0.4 percent of global foreign exchange transactions (with an average daily turnover of 10 bn dollars) and was at the same level than other larger emerging markets such as Mexico, according t ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Japanese Monetary Policy
... of my model. I assume that the Bank of Japan can perfectly control the value of M,, up to a zero mean and serially uncorrelated shock; I abstract from problems that the bank no doubt faces with data availability, uncertainty about the values of key parameters, serial correlation in shocks, and so on ...
... of my model. I assume that the Bank of Japan can perfectly control the value of M,, up to a zero mean and serially uncorrelated shock; I abstract from problems that the bank no doubt faces with data availability, uncertainty about the values of key parameters, serial correlation in shocks, and so on ...
Self Regulation - Superfinanciera
... 1938: Congress created the concept of national securities association ...
... 1938: Congress created the concept of national securities association ...
economics examination guidelines senior certificate (sc)
... The Curriculum and Assessment Policy Statement (CAPS) for Economics outlines the nature and purpose of the subject Economics. This guides the philosophy underlying the teaching and assessment of the subject in Grade 12. The purpose of these Examination Guidelines is to provide clarity on the depth a ...
... The Curriculum and Assessment Policy Statement (CAPS) for Economics outlines the nature and purpose of the subject Economics. This guides the philosophy underlying the teaching and assessment of the subject in Grade 12. The purpose of these Examination Guidelines is to provide clarity on the depth a ...
Belgrade Retail Market H2 2008
... liquidity gave rise to depreciation pressures in Q4 2008. 2008 In order to enhance foreign exchange liquidity, the National Bank abolished the reserve requirement on fresh external borrowing by banks, and at the same time, increased the dinardenominated share of required reserves in foreign currency ...
... liquidity gave rise to depreciation pressures in Q4 2008. 2008 In order to enhance foreign exchange liquidity, the National Bank abolished the reserve requirement on fresh external borrowing by banks, and at the same time, increased the dinardenominated share of required reserves in foreign currency ...
56a68c3071b7663b2065966b2f51ef12
... © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. ...
... © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. ...
Freeing the World from the Free Market Economy
... account a nation’s economic condition. This system resulted from the ending the Bretton Woods System that focused on a fixed exchange rate based with the United States Currency (which was based upon gold). This system had benefits, but it also had serious problems. These included restraining capital ...
... account a nation’s economic condition. This system resulted from the ending the Bretton Woods System that focused on a fixed exchange rate based with the United States Currency (which was based upon gold). This system had benefits, but it also had serious problems. These included restraining capital ...
Financial stability analysis using aggregated data
... In order to reduce the risk of runs, public authorities may offer guarantees on deposits. Moral hazard resulting from implicit or explicit government guarantees, from confidence in international rescue packages or, similarly, from the belief that some borrowers are “too big to fail” may provoke exce ...
... In order to reduce the risk of runs, public authorities may offer guarantees on deposits. Moral hazard resulting from implicit or explicit government guarantees, from confidence in international rescue packages or, similarly, from the belief that some borrowers are “too big to fail” may provoke exce ...
Federal Reserve Bank of New York Staff Reports
... depart from the existing literature by introducing heterogeneity in the frequency of price changes across sectors, in accordance with recent microeconomic evidence on price setting for various countries (e.g. Bils and Klenow 2004; Dhyne et al. 2006 for the Euro area). Combined with local currency pr ...
... depart from the existing literature by introducing heterogeneity in the frequency of price changes across sectors, in accordance with recent microeconomic evidence on price setting for various countries (e.g. Bils and Klenow 2004; Dhyne et al. 2006 for the Euro area). Combined with local currency pr ...