EUROPEAN COMMISSION Brussels, 26.2.2016 SWD(2016) 88 final
... Mechanism Report identified Austria as warranting an in-depth review. After four years of slow economic growth, the Austrian economy is expected to expand. Austria’s economy has been on a rather flat growth path since 2012, but the growth rate is projected to pick up from 0.7 % in 2015 to around 1½ ...
... Mechanism Report identified Austria as warranting an in-depth review. After four years of slow economic growth, the Austrian economy is expected to expand. Austria’s economy has been on a rather flat growth path since 2012, but the growth rate is projected to pick up from 0.7 % in 2015 to around 1½ ...
Template for Treasury Research Papers
... adjustment cycles of about the frequency apparent in Chart 1. However, there are a number of practical and theoretical problems with this simple explanation, and the truth is undoubtedly much more complicated. The most obvious theoretical problem is that it seems to require agents in the market not ...
... adjustment cycles of about the frequency apparent in Chart 1. However, there are a number of practical and theoretical problems with this simple explanation, and the truth is undoubtedly much more complicated. The most obvious theoretical problem is that it seems to require agents in the market not ...
Asset Enhancement CPF INVESTMENT GUIDELINES (CPFIG
... For a FMC that intends to offer an authorised Fund that is wholly managed in Singapore, the FMC and its related group of companies must manage at least S$500million of discretionary funds in Singapore. 2 For a FMC that intends to offer an authorised Fund that is sub-managed or feeds into another CIS ...
... For a FMC that intends to offer an authorised Fund that is wholly managed in Singapore, the FMC and its related group of companies must manage at least S$500million of discretionary funds in Singapore. 2 For a FMC that intends to offer an authorised Fund that is sub-managed or feeds into another CIS ...
handelsbankens småskriftserie_eng_29_jm_16.indd
... spotlight. In particular during 2007 and 2008 – the first years of the crisis – it became clear that the short maturity for many banks’ funding made them unable to continue without government support when investors lost confidence in their ability to survive. Since then, both banks and authorities h ...
... spotlight. In particular during 2007 and 2008 – the first years of the crisis – it became clear that the short maturity for many banks’ funding made them unable to continue without government support when investors lost confidence in their ability to survive. Since then, both banks and authorities h ...
Switzerland - Swiss National Bank
... For the sectoral CCB applied to the residential mortgage loans segment, two categories of indicators will feed into the systematic analysis: domestic mortgage volume indicators and domestic residential real estate price indicators. The key indicators have been chosen based on their ability to act as ...
... For the sectoral CCB applied to the residential mortgage loans segment, two categories of indicators will feed into the systematic analysis: domestic mortgage volume indicators and domestic residential real estate price indicators. The key indicators have been chosen based on their ability to act as ...
The Regulatory Responses to the Global Financial Crisis
... efficient financial systems. It does so in light of lessons from the recent and past financial crises and using insights from analytical and empirical studies. The general objective of possible reforms is clear: to reduce the chance and costs of future systemic financial crises in the most efficient ...
... efficient financial systems. It does so in light of lessons from the recent and past financial crises and using insights from analytical and empirical studies. The general objective of possible reforms is clear: to reduce the chance and costs of future systemic financial crises in the most efficient ...
CF Prudential Managed Defensive Fund
... although the pace is likely to remain slow and short-term problems may well occur along the way. As European equities represent one of the larger components of the portfolio, he awaits greater clarity about the path of the eurozone economy. However, he recognises the trading bloc’s vulnerability, gi ...
... although the pace is likely to remain slow and short-term problems may well occur along the way. As European equities represent one of the larger components of the portfolio, he awaits greater clarity about the path of the eurozone economy. However, he recognises the trading bloc’s vulnerability, gi ...
chapter 32 institutional investors
... compensation for risk. If they do, such evidence would suggest that markets might not be informationally efficient because agents can garner profits from exploiting these inefficiencies. Second, using publicly available datasets that are generally low frequency (i.e., quarterly or annual), academics ...
... compensation for risk. If they do, such evidence would suggest that markets might not be informationally efficient because agents can garner profits from exploiting these inefficiencies. Second, using publicly available datasets that are generally low frequency (i.e., quarterly or annual), academics ...
2014 results - Lloyds Banking Group
... habits; changes to borrower or counterparty credit quality; instability in the global financial markets, including Eurozone instability and the impact of any sovereign credit rating downgrade or other sovereign financial issues; technological changes and risks to cyber security; pandemic, natural an ...
... habits; changes to borrower or counterparty credit quality; instability in the global financial markets, including Eurozone instability and the impact of any sovereign credit rating downgrade or other sovereign financial issues; technological changes and risks to cyber security; pandemic, natural an ...
Chapter 19
... management through the dividends that the firms were expected to do well in the future. ...
... management through the dividends that the firms were expected to do well in the future. ...
STAKEHOLDER THEORY AND VALUE CREATION
... externalities (i.e., nobody bears the costs, risks or benefits of actions performed by other agents with which he does not have a market relationship), and so on. In practice, needless to say, these conditions are never met. If some agents have market power, if there are externalities, or if inform ...
... externalities (i.e., nobody bears the costs, risks or benefits of actions performed by other agents with which he does not have a market relationship), and so on. In practice, needless to say, these conditions are never met. If some agents have market power, if there are externalities, or if inform ...
Modelling Financial Instability: A Survey of the
... liquidity, to which banks turn to meet their short-term liquidity needs. By themselves, however, bank failures do not necessarily mean that a financial crisis is underway. In an uncertain world, firms and banks are subject to failure even when the economy is functioning smoothly, and failure need n ...
... liquidity, to which banks turn to meet their short-term liquidity needs. By themselves, however, bank failures do not necessarily mean that a financial crisis is underway. In an uncertain world, firms and banks are subject to failure even when the economy is functioning smoothly, and failure need n ...
The Impact of Taxes on the Extensive and Intensive Margins of FDI
... German outbound FDI which is further broken down into greenfield FDI and those affiliates created via a merger or an acquisition. They find that although host taxes reduce the likelihood of investment via either mode, the impact is significantly smaller for mergers and acquisitions. This is consist ...
... German outbound FDI which is further broken down into greenfield FDI and those affiliates created via a merger or an acquisition. They find that although host taxes reduce the likelihood of investment via either mode, the impact is significantly smaller for mergers and acquisitions. This is consist ...
Timothy Plan High Yield Bond Fund Class I
... This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any individual's investment objectives, financial situation or personal circumstances. We recommend that inve ...
... This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any individual's investment objectives, financial situation or personal circumstances. We recommend that inve ...
Dividend Growth and the Quest for Yield
... The “S&P 500® Dividend Aristocrats® Index” is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. “S&P®” is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark H ...
... The “S&P 500® Dividend Aristocrats® Index” is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. “S&P®” is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark H ...
Public Investment as an Engine of Growth
... provided the most important intellectual justification for public investment drives in low income countries. The general idea is that if a critical mass of small investments is undertaken simultaneously the average social return will be much higher than the average private return, because they will ...
... provided the most important intellectual justification for public investment drives in low income countries. The general idea is that if a critical mass of small investments is undertaken simultaneously the average social return will be much higher than the average private return, because they will ...
Task force on Climate-Related Disclosures
... guidance which is essential to practical implementation of the recommendations. However, we believe that beyond this, substantial additional work will be needed to build company capacity to implement the recommendations, which have outlined further in our recommendations for follow-up actions. Final ...
... guidance which is essential to practical implementation of the recommendations. However, we believe that beyond this, substantial additional work will be needed to build company capacity to implement the recommendations, which have outlined further in our recommendations for follow-up actions. Final ...
Slide 0 - Prudential Investments
... Source: QMA, Frank Russell Company. The line plots the difference between the median Earnings to Price (E/P) of the most expensive and cheapest quintiles of Russell 3000® Index, when stocks are ranked on E/P. Equal weighted monthly returns on E/P, Book to Price (B/P), and Estimate Earnings Revision ...
... Source: QMA, Frank Russell Company. The line plots the difference between the median Earnings to Price (E/P) of the most expensive and cheapest quintiles of Russell 3000® Index, when stocks are ranked on E/P. Equal weighted monthly returns on E/P, Book to Price (B/P), and Estimate Earnings Revision ...
The Crisis Aftermath: New Regulatory Paradigms
... One of the ways in which CEPR responded to the global financial crisis in early 2009 was to quickly establish a project on ‘Financial Stability and Regulation’. At that time, in the aftermath of the Lehman Brothers debacle when the world was pretty much still in a state of shock, there was no clear- ...
... One of the ways in which CEPR responded to the global financial crisis in early 2009 was to quickly establish a project on ‘Financial Stability and Regulation’. At that time, in the aftermath of the Lehman Brothers debacle when the world was pretty much still in a state of shock, there was no clear- ...
NBER WORKING PAPER SERIES AGGREGATE CONSEQUENCES OF LIMITED CONTRACT ENFORCEABILITY Thomas Cooley
... contract has been signed, the entrepreneur has the ability to start a new investment project by entering into a new contractual relationship. Therefore, the value of repudiation is endogenous in our model and it depends on all the general equilibrium conditions. This is an important difference resp ...
... contract has been signed, the entrepreneur has the ability to start a new investment project by entering into a new contractual relationship. Therefore, the value of repudiation is endogenous in our model and it depends on all the general equilibrium conditions. This is an important difference resp ...
Finding Your Way Around the Book`s Web Site
... the stock market boom in January, 2000 (when the Dow Index stood at 11,600 and the NASDAQ was over 5000), whether the boom would be remembered as “one of the many euphoric speculative bubbles that have dotted human history.” In 1999 he said, “History tells us that sharp reversals in confidence happe ...
... the stock market boom in January, 2000 (when the Dow Index stood at 11,600 and the NASDAQ was over 5000), whether the boom would be remembered as “one of the many euphoric speculative bubbles that have dotted human history.” In 1999 he said, “History tells us that sharp reversals in confidence happe ...
Profit efficiency for Spanish savings banks
... inefficiencies. In addition, input inefficiency measured in a profit function may differ from that derived from a cost function. Profit efficiency - - the deviation from the profit frontier - - is determined using the thick frontier approach. We also determine how the profit frontier has shifted ove ...
... inefficiencies. In addition, input inefficiency measured in a profit function may differ from that derived from a cost function. Profit efficiency - - the deviation from the profit frontier - - is determined using the thick frontier approach. We also determine how the profit frontier has shifted ove ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.