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The Pass-Through of Sovereign Risk ∗ Luigi Bocola January 2014
The Pass-Through of Sovereign Risk ∗ Luigi Bocola January 2014

Investment Banks, Scope, and Unavoidable Conflicts of Interest
Investment Banks, Scope, and Unavoidable Conflicts of Interest

... more subtle ways to circumvent the prohibitions, especially restrictions based on information flow, may arise. This later class of conflict of interest concerns may be hard to police as they do not directly involve forbidden trades or transactions, such as might occur if, for example, a bank-managed ...
Greenko Restricted Group Financial Statements
Greenko Restricted Group Financial Statements

... comprise the combined statement of financial positions as at 31 March 2016, the combined statement of profit or loss, other comprehensive income, changes in equity and cash flows for the fifteen months period ended 31 March 2016 and the related notes, comprising a summary of significant accounting p ...
the relationship betweeen financial leverage and
the relationship betweeen financial leverage and

... profitability of firms listed at the Nairobi Securities Exchange. To achieve this objective a descriptive research design was used. The study considered firms that have been listed on the NSE for the past five years and utilized secondary data obtained from the period 2010-2015. Data was collected f ...
How to Check Corporate, Financial, and Monopoly Power
How to Check Corporate, Financial, and Monopoly Power

... the economy, restore overall economic health, and deepen our thinking about regulations and rule-making in the fast-moving 21st century economy. The policies we propose complement other important projects, such as raising revenues, increasing public spending for schools, and investing in infrastruct ...
lrfirms
lrfirms

OPIC Support for Innovative Financial Intermediaries in
OPIC Support for Innovative Financial Intermediaries in

... the world while catalyzing revenues, jobs and growth opportunities both at home and abroad. One of the key ways OPIC supports this mission is by providing financing to investment funds in emerging markets. At the 2014 Association of Asian American Investment Managers Conference, I participated in th ...
Dividend Increase Announcements and Stock Market Reaction
Dividend Increase Announcements and Stock Market Reaction

... study will examine the effect of the announcement of dividend increase on these stocks during the period from 2001 to 2010. We will be using the event study methodology to examine the stock performance pre and post the announcements of increases in dividend and whether the investors were able to mak ...
T No Theory? No Evidence? No Problem!
T No Theory? No Evidence? No Problem!

... grain-producer and loaf eater, there has stepped in a “parasite” between them, robbing them both. ...
Understanding Managed Futures
Understanding Managed Futures

... express views on a range of asset classes—stocks, bonds, currencies and commodities. The name Managed Futures stems from the focus on futures and forwards, because these are the instruments that are most often used to express a market view that may be positive or negative. For instance, if an invest ...
Financial Market Shocks and the Macroeconomy
Financial Market Shocks and the Macroeconomy

FINANCIAL LITERACY AND INFLUENCE OF PSYCHOSOCIAL
FINANCIAL LITERACY AND INFLUENCE OF PSYCHOSOCIAL

... University of Gujrat, Pakistan ...
Minimum 2017 ~€1 billion
Minimum 2017 ~€1 billion

... • Significant activity: 86,017 ADT ...
unit – i investment setting - KV Institute of Management and
unit – i investment setting - KV Institute of Management and

Presented
Presented

... Although all reasonable care has been taken to ensure the facts stated herein are accurate and that the opinions contained herein are fair and reasonable, this document is selective in nature and is intended to provide an introduction to, and overview of, the business of Converium. Where any informa ...
Chapter 2
Chapter 2

... • 8) You can borrow $5000 to finance a new business venture. This new venture will generate annual • earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still • increase your income is • (a) 25%. • (b) 12.5%. • (c) 10%. • (d) 5%. • (e) 0.5%. • Answer: D Copyrigh ...
Accounting Answers
Accounting Answers

... capital comprises 1 000 000 ordinary shares of R2 par value. Authorised shares = 1 000 000 Issued shares = 1 525 000 / 2 = 762 500 ü Available shares = 1 000 000 – 762 500 = 237 500 ü Capital to be raised by the is sue of unissued shares ...
Finance and international trade: A review of the literature
Finance and international trade: A review of the literature

... financial systems worldwide3 . The 2007-2008 financial crisis has multiple dimensions. First, a large number of banks suffered liquidity and solvency problems, inducing failures or massive state bailouts. In addition, a global credit crunch occurred, especially after the bankruptcy of Lehman Brother ...
Collateral-Motivated Financial Innovation
Collateral-Motivated Financial Innovation

... Lustig (2010) find that the prices of Treasury Inflation-Protected Securities (TIPS) are lower than that of their replicating portfolios that consist of inflation swaps and nominal Treasury bonds. These phenomena are consistent with our model: It requires more collateral to take a long position in the ...
NBER Reporter Summary of My Commodity Research
NBER Reporter Summary of My Commodity Research

Working Paper No. 510 Institutional investor
Working Paper No. 510 Institutional investor

... and central banks in a number of advanced economies looked to both standard and nonstandard policies to ease monetary conditions sufficiently to meet their price stability objectives. In the United Kingdom, the Bank of England responded to the risk that it would undershoot its 2% target for annual C ...
Exchange rate risk and internationally diversified
Exchange rate risk and internationally diversified

... g i j $ = o~ij -}- flijRmj d- XjS -k- eij $. This equation shows that except in the rare cases where an asset's return is completely independent of the domestic economy (flij -- 0) or negatively related to the performance of the domestic economy (flij < 0), national systematic risk will typically ca ...
Results
Results

... The first one, so called “fundamental theory” assumes that the prices of commodity assets are determined almost solely by fundamental factors and that all commodity market users, making their business and investment decisions, assume development of offer and demand on spot markets. This theory is ba ...
The Anatomy of a Stock Market Winner
The Anatomy of a Stock Market Winner

... This article analyzes characteristics of past stock market winners to see whether they may yield some insights into successful investment strategies. Earlierresearch has isolated a particular attribute (such as P/E or size) and then investigated its associated return behavior; we take the opposite t ...
Regulatory Sanctions and Reputational Damage in Financial Markets
Regulatory Sanctions and Reputational Damage in Financial Markets

... observations for which such a clear identification of reputational losses is possible. We conduct an event study of the impact of the announcement of enforcement notices of breaches on the stock price of the disciplined firm. We hand collect data on the UK to avoid the biases, over-restrictiveness o ...
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Financial crisis

The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in changes in the real economy.Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time.
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