Why Currency Mismatches Matter
... Australian dollar to depreciate to cushion the effects of a slowdown in its two most important export markets (Japan and Korea). As a result, the Australian economy grew by over 5 percent in 1998. But when a currency crisis hits an economy with substantial unhedged foreign currency–denominated debt ...
... Australian dollar to depreciate to cushion the effects of a slowdown in its two most important export markets (Japan and Korea). As a result, the Australian economy grew by over 5 percent in 1998. But when a currency crisis hits an economy with substantial unhedged foreign currency–denominated debt ...
Markets, Firms, Investors
... economic changes, but good under current circumstances • BbC: Speculative (Junk) Bonds (average 400bp > T-Bill, with considerable spread) • D: In default Lecture I: Markets, Firms & Investors ...
... economic changes, but good under current circumstances • BbC: Speculative (Junk) Bonds (average 400bp > T-Bill, with considerable spread) • D: In default Lecture I: Markets, Firms & Investors ...
References - Lorenzo Bini Smaghi
... essentially stable for most of the 1920s in a context of buoyant economic growth, while by the end of the decade the economy underwent a period of protracted deflation, massive bank losses as a consequence of accumulated debt, sharp reductions in employment and a severe recession. Also before the ou ...
... essentially stable for most of the 1920s in a context of buoyant economic growth, while by the end of the decade the economy underwent a period of protracted deflation, massive bank losses as a consequence of accumulated debt, sharp reductions in employment and a severe recession. Also before the ou ...
2010-09-10 MFR interview with Vince Reinhart_1
... important sector, we subsidize the GSEs, and we’re happy about securitization of housingrelated products because it seemed to further foster that national goal. What you also want to remember is the international context. The Asian crisis in 1998. There was a massive demand for reserves in the Pacif ...
... important sector, we subsidize the GSEs, and we’re happy about securitization of housingrelated products because it seemed to further foster that national goal. What you also want to remember is the international context. The Asian crisis in 1998. There was a massive demand for reserves in the Pacif ...
Investment Update December 2011 Quarter
... provides additional sources of diversification – to help buffer when markets are volatile. ...
... provides additional sources of diversification – to help buffer when markets are volatile. ...
Part C - Investment markets and banking crises
... banking sector is to that bubble, the worse the ensuing crises and its impact on the affected economy and financial sector. Using this rule of thumb, the GFC ranks highly on the scale of crisis. Being centred on the residential property market in major developed economies such as the US and UK, the ...
... banking sector is to that bubble, the worse the ensuing crises and its impact on the affected economy and financial sector. Using this rule of thumb, the GFC ranks highly on the scale of crisis. Being centred on the residential property market in major developed economies such as the US and UK, the ...
Financial Crises in Emerging Market Economies
... Path A: Credit Boom and Bust The seeds of a financial crisis in emerging market economies are often sown when countries liberalize their domestic financial systems by eliminating restrictions on financial institutions and markets, a process known as financial liberalization, and opening up their ec ...
... Path A: Credit Boom and Bust The seeds of a financial crisis in emerging market economies are often sown when countries liberalize their domestic financial systems by eliminating restrictions on financial institutions and markets, a process known as financial liberalization, and opening up their ec ...
PART I
... Federal Funds Targeting Again: Early 1990s and Beyond International Considerations Box 6: International Policy Coordination: The Plaza Agreement and the Louvre Accord Monetary Targeting in Other Countries United Kingdom Canada Germany Japan Lessons from Monetary Targeting Experiences The New Interna ...
... Federal Funds Targeting Again: Early 1990s and Beyond International Considerations Box 6: International Policy Coordination: The Plaza Agreement and the Louvre Accord Monetary Targeting in Other Countries United Kingdom Canada Germany Japan Lessons from Monetary Targeting Experiences The New Interna ...
New Sustainability Sales Deck
... security types, geographies and markets. RiskMetrics is well known for its Value at Risk methodologies, as well as being a leading provider of credit and counterparty risk systems. ...
... security types, geographies and markets. RiskMetrics is well known for its Value at Risk methodologies, as well as being a leading provider of credit and counterparty risk systems. ...
competition tribunal
... from a pool available within the group. Independent funds comprise funds made from third party investors, but managed by the private equity firm. The parties advised that a separate sub-market exists for BEE funds, wherein these funds assist businesses to fulfill their empowerment objectives. Standa ...
... from a pool available within the group. Independent funds comprise funds made from third party investors, but managed by the private equity firm. The parties advised that a separate sub-market exists for BEE funds, wherein these funds assist businesses to fulfill their empowerment objectives. Standa ...
EPIC RECESSION - Kyklos Productions
... Chapter 3: The Dynamics of Epic Recession -Global Liquidity Explosion -Global Money Parade -Three Economists on Speculation and Instability -Speculative Investing Effects on Real Asset Investment -Real Investment As Basis for Speculative Investing -Speculative Investment As Basis for Speculative Inv ...
... Chapter 3: The Dynamics of Epic Recession -Global Liquidity Explosion -Global Money Parade -Three Economists on Speculation and Instability -Speculative Investing Effects on Real Asset Investment -Real Investment As Basis for Speculative Investing -Speculative Investment As Basis for Speculative Inv ...
Why Does the Economy Fall to Pieces after a Financial Crisis?
... With these pieces in place, it’s now possible to build a macroeconomic model that describes how an increase in financial frictions can serve as a shock that depresses the real economy. At present, such models are highly stylized. They are useful for illuminating the connections of economic theory, a ...
... With these pieces in place, it’s now possible to build a macroeconomic model that describes how an increase in financial frictions can serve as a shock that depresses the real economy. At present, such models are highly stylized. They are useful for illuminating the connections of economic theory, a ...
