Social Structures of Accumulation, the Rate of Profit
... From the early 1980s through the early 1990s, Tom Weisskopf published a series of articles and two books -- most of them coauthored with Sam Bowles and David Gordon -- that analyzed the crisis of the postwar social structure of accumulation (SSA) in the U.S. based on movements of the profit rate. Th ...
... From the early 1980s through the early 1990s, Tom Weisskopf published a series of articles and two books -- most of them coauthored with Sam Bowles and David Gordon -- that analyzed the crisis of the postwar social structure of accumulation (SSA) in the U.S. based on movements of the profit rate. Th ...
The Eurozone Crisis
... competitively weak, and the pre-crisis buoyancy in some of them was not sustainable. The econometric results show, indeed, that countries with weaker competitiveness were prone to greater sovereign stress resulting from financial sector weakness. Thus, during this key phase, financial shocks transla ...
... competitively weak, and the pre-crisis buoyancy in some of them was not sustainable. The econometric results show, indeed, that countries with weaker competitiveness were prone to greater sovereign stress resulting from financial sector weakness. Thus, during this key phase, financial shocks transla ...
Borrowing costs
... may begin capitalisation on the commencement date, that is, when all three of the following conditions are met. Expenditure is incurred for the asset. Borrowing costs are incurred. Activities needed to prepare the assets for its intended use or sale has already begun. Suspension of capitalisation Th ...
... may begin capitalisation on the commencement date, that is, when all three of the following conditions are met. Expenditure is incurred for the asset. Borrowing costs are incurred. Activities needed to prepare the assets for its intended use or sale has already begun. Suspension of capitalisation Th ...
1 - Rutgers University
... expected excess return on any security is proportional to its ‘beta’ (or covariance) with respect to aggregate consumption alone. After Breeden (1979), it is important to emphasize, as Fama and French (1988a), and others have noted, that, in the context of intertemporal models, predictability is not ...
... expected excess return on any security is proportional to its ‘beta’ (or covariance) with respect to aggregate consumption alone. After Breeden (1979), it is important to emphasize, as Fama and French (1988a), and others have noted, that, in the context of intertemporal models, predictability is not ...
annual report - Beige Capital
... He joined the Bank of Ghana in 2000 from the then SSB Bank (now Societe Generale) which he entered as a pioneer staff in 1976. He was the youngest member of the SSB management team at the time and is credited with the establishment of the Bank’s legal department. He served as Secretary to the Board ...
... He joined the Bank of Ghana in 2000 from the then SSB Bank (now Societe Generale) which he entered as a pioneer staff in 1976. He was the youngest member of the SSB management team at the time and is credited with the establishment of the Bank’s legal department. He served as Secretary to the Board ...
Economics Internship Learning Objectives
... □ Understand how different market structures affect the allocation of an organization’s resources. □ Learn to interpret the affect of government policy on the market. □ Analyze how macroeconomic events affect individual organizations (such as inflation, recessions, and stock market behavior). □ Gain ...
... □ Understand how different market structures affect the allocation of an organization’s resources. □ Learn to interpret the affect of government policy on the market. □ Analyze how macroeconomic events affect individual organizations (such as inflation, recessions, and stock market behavior). □ Gain ...
And Yet It Grows: Crisis, Ideology, and Interventionist Policy
... recent years, especially following the 2008 financial and economic crisis. The hardships produced by this temporal economic downturn have led to some very heated debates among the economics profession on how much government should intervene in the economy to offset the associated negative effects fo ...
... recent years, especially following the 2008 financial and economic crisis. The hardships produced by this temporal economic downturn have led to some very heated debates among the economics profession on how much government should intervene in the economy to offset the associated negative effects fo ...
Volume 74 No. 4, December 2011 Contents
... credit card debt or consumer credit, accounts for quite a small fraction of borrowing. ...
... credit card debt or consumer credit, accounts for quite a small fraction of borrowing. ...
Financial imbalances and financial fragility - ECB
... enforceability. It is assumed that borrowing banks may misuse ("divert") the funds raised on the market, e.g. by investing into sub-prime mortgages. The net opportunity cost of diversion depends on the degree of contract enforceability, the expected return on retail loans, and leverage. To raise fun ...
... enforceability. It is assumed that borrowing banks may misuse ("divert") the funds raised on the market, e.g. by investing into sub-prime mortgages. The net opportunity cost of diversion depends on the degree of contract enforceability, the expected return on retail loans, and leverage. To raise fun ...
Far Horizon Investments - Penn State Smeal College of Business
... During its fourth year, FHI was having difficulty finding enough investment opportunities and, though returning almost 20% after fees, underperformed the US market. As a consequence, FHI management decided to return over $2 billion of capital to investors (though the partners decided to contribute m ...
... During its fourth year, FHI was having difficulty finding enough investment opportunities and, though returning almost 20% after fees, underperformed the US market. As a consequence, FHI management decided to return over $2 billion of capital to investors (though the partners decided to contribute m ...
2015 Full Year Financial Report for Lend Lease Trust
... A$438,000 in fees and other expenses were paid or are payable to Lend Lease Corporation Limited and its associates out of the assets of the Trust for the financial year ended 30 June 2015 (June 2014: A$768,000). No units in the Trust were held by the Responsible Entity at the end of the financial ye ...
... A$438,000 in fees and other expenses were paid or are payable to Lend Lease Corporation Limited and its associates out of the assets of the Trust for the financial year ended 30 June 2015 (June 2014: A$768,000). No units in the Trust were held by the Responsible Entity at the end of the financial ye ...
When Credit Bites Back: Leverage, Business Cycles, and Crises
... more careful scrutiny (e.g., Greece), in the recent crisis the problems of many other countries largely stemmed from private credit fiascoes, often connected in large part to housing booms and busts (e.g., Ireland, Spain, U.S.).2 In this paper, we exploit a long-run dataset covering 14 advanced econ ...
... more careful scrutiny (e.g., Greece), in the recent crisis the problems of many other countries largely stemmed from private credit fiascoes, often connected in large part to housing booms and busts (e.g., Ireland, Spain, U.S.).2 In this paper, we exploit a long-run dataset covering 14 advanced econ ...
Financial fragility and distress propagation in a network of regions
... indirectly. When a firm faces consecutive losses, then the bank will apply higher financing costs to all the firms in its credit portfolio. This, even if the other firms are still financially robust. The main result of the model is that as long as regions are economically separated, agents do not be ...
... indirectly. When a firm faces consecutive losses, then the bank will apply higher financing costs to all the firms in its credit portfolio. This, even if the other firms are still financially robust. The main result of the model is that as long as regions are economically separated, agents do not be ...
understanding monetary policy series no 27 the nigerian money
... moving funds from London to Nigeria during the farming season to finance the export of farm produce and when the season was over with no need for money, the funds were repatriated back to London. The establishment of a Nigerian money market required on the side of the Central Bank of Nigeria (CBN), ...
... moving funds from London to Nigeria during the farming season to finance the export of farm produce and when the season was over with no need for money, the funds were repatriated back to London. The establishment of a Nigerian money market required on the side of the Central Bank of Nigeria (CBN), ...
H R Khan: Promoting retail investor participation in government bonds
... G-sec offer prospect of capital gains As there is an inverse relationship between bond price and interest rate, there is a prospect of capital gains when the interest rates moderate. One, however, must be conscious of market risks that could result in losses in case the interest rate cycle reverses. ...
... G-sec offer prospect of capital gains As there is an inverse relationship between bond price and interest rate, there is a prospect of capital gains when the interest rates moderate. One, however, must be conscious of market risks that could result in losses in case the interest rate cycle reverses. ...
The Essentials of Portfolio Construction
... not expose the investor to more risk than intended. The goal is to determine that the portfolio does not stray too far from what was outlined in your initial blueprint (asset allocation strategy); that there are no undesired overlaps, concentrations or other risks; and that the combination of invest ...
... not expose the investor to more risk than intended. The goal is to determine that the portfolio does not stray too far from what was outlined in your initial blueprint (asset allocation strategy); that there are no undesired overlaps, concentrations or other risks; and that the combination of invest ...
An Austrian Approach to Investing Austrian Student Scholars
... future human behavior and decisions. That is why it is uncertain. And in spite of the enormous and constantly growing literature on business cycles, business forecasting will never, any more than opinion polls, become an exact science.”10 The cyclical fluctuations, which the economy will always go ...
... future human behavior and decisions. That is why it is uncertain. And in spite of the enormous and constantly growing literature on business cycles, business forecasting will never, any more than opinion polls, become an exact science.”10 The cyclical fluctuations, which the economy will always go ...
Impact of the U.S subprime crises on MENA stock markets: new
... contagion effects of a shock of another country. Thus, many researchers have been devoted to examine how the financial crisis in one country will be spilled over to other countries. This phenomenon known under the name of “contagion” is defined by Forbes and Rigobon (2002) as a significant increase ...
... contagion effects of a shock of another country. Thus, many researchers have been devoted to examine how the financial crisis in one country will be spilled over to other countries. This phenomenon known under the name of “contagion” is defined by Forbes and Rigobon (2002) as a significant increase ...
How Efficient Markets Undervalue Stocks: CAPM and ECMH under
... identify underpriced or overpriced stocks was doomed to failure.7 Thus the Investment Dartboard results only confirmed what the academics already knew: you can't beat the market.8 Or so it seemed from the first round. Undeterred by their initial defeat, investment managers continued to step up to th ...
... identify underpriced or overpriced stocks was doomed to failure.7 Thus the Investment Dartboard results only confirmed what the academics already knew: you can't beat the market.8 Or so it seemed from the first round. Undeterred by their initial defeat, investment managers continued to step up to th ...