infrastructure investment in iceland
... infrastructure such a monopoly needs to be regulated to prevent the abuse of such a position. In the long term this is of course also beneficial for the investor; an unregulated monopoly situation is inherently unstable and is bound to lead to political intervention in the end. A well-regulated enti ...
... infrastructure such a monopoly needs to be regulated to prevent the abuse of such a position. In the long term this is of course also beneficial for the investor; an unregulated monopoly situation is inherently unstable and is bound to lead to political intervention in the end. A well-regulated enti ...
Bank risk taking and competition: evidence from
... center of a discussion among regulators, policy makers and researchers for a long time. Until recently, the general consensus among policy makers and researchers has been that market power gives banks proper incentives to behave prudently. The central aim of prudential bank regulation to reduce bank ...
... center of a discussion among regulators, policy makers and researchers for a long time. Until recently, the general consensus among policy makers and researchers has been that market power gives banks proper incentives to behave prudently. The central aim of prudential bank regulation to reduce bank ...
EMERGING SOVEREIGN GROUP, LLC
... In Italy, Berlusconi is back and his party is rising in the polls ahead of the February 24 elections based on a anti-Europe, antiausterity platform. The anti-establishment Five Star Movement has become a major political force. ...
... In Italy, Berlusconi is back and his party is rising in the polls ahead of the February 24 elections based on a anti-Europe, antiausterity platform. The anti-establishment Five Star Movement has become a major political force. ...
Market Forces at Work in the Banking Industry: Evidence from the
... The U.S. banking industry has long enjoyed access to a federal safety net composed of deposit insurance, a lender of last resort, and payment system finality. If this safety net insulates counterparties from the full effects of a bank's default, the usual market incentives to maintain adequate capi ...
... The U.S. banking industry has long enjoyed access to a federal safety net composed of deposit insurance, a lender of last resort, and payment system finality. If this safety net insulates counterparties from the full effects of a bank's default, the usual market incentives to maintain adequate capi ...
Korean Real Estate Market Mechanisms and Deregulation of
... Housing Supply. This Perceived House Price is transformed into actual House Price, when supply and demand are converted into Housing Transactions. On the other hand, this model is based on the assumption that Housing Actual Demand cannot play an important role, as the KB Bank, which is the leading p ...
... Housing Supply. This Perceived House Price is transformed into actual House Price, when supply and demand are converted into Housing Transactions. On the other hand, this model is based on the assumption that Housing Actual Demand cannot play an important role, as the KB Bank, which is the leading p ...
Listed Infrastructure
... mainstream in the next 10 years. Russell believes that there is a strong case for integrating infrastructure investing into our clients’ portfolios. Listed infrastructure is a relatively new investment strategy, but one which is fundamentally sound, with a rapidly evolving, and ever-increasing oppor ...
... mainstream in the next 10 years. Russell believes that there is a strong case for integrating infrastructure investing into our clients’ portfolios. Listed infrastructure is a relatively new investment strategy, but one which is fundamentally sound, with a rapidly evolving, and ever-increasing oppor ...
Crisis Alpha and Risk in Alternative Investment
... return profile which has attracted investment. If the Alternative Investment universe is restricted to Hedge Funds and Commodity Trading Advisors (CTAs), these strategies can be classified into two key groups: directional strategies and non-directional strategies. Directional strategies take long or ...
... return profile which has attracted investment. If the Alternative Investment universe is restricted to Hedge Funds and Commodity Trading Advisors (CTAs), these strategies can be classified into two key groups: directional strategies and non-directional strategies. Directional strategies take long or ...
AAA
... • Jun 20: Merrill Lynch seized assets from two Bear Stearns hedge funds that were backed by sub-prime loans. Bear Steams froze withdrawals from a third fund on Aug 1. • Jul 10: S&P put on Watch negative 622 sub-prime deals worth US$12.1 billion, with loss expectations rising to 10-14%. (S&P subseque ...
... • Jun 20: Merrill Lynch seized assets from two Bear Stearns hedge funds that were backed by sub-prime loans. Bear Steams froze withdrawals from a third fund on Aug 1. • Jul 10: S&P put on Watch negative 622 sub-prime deals worth US$12.1 billion, with loss expectations rising to 10-14%. (S&P subseque ...
Risk Weighted Capital Adequacy Framework
... Based on the Basel II document, "International Convergence of Capital Measurement and Capital Standards: A Revised Framework" issued by the BCBS in June 2006 and the Capital Adequacy Standards, “Capital Adequacy Standard for Institutions Other than Insurance Institutions Offering only Islamic Financ ...
... Based on the Basel II document, "International Convergence of Capital Measurement and Capital Standards: A Revised Framework" issued by the BCBS in June 2006 and the Capital Adequacy Standards, “Capital Adequacy Standard for Institutions Other than Insurance Institutions Offering only Islamic Financ ...
as a PDF
... which the period of saving and investment are finite, such that the duration of one can be extended relative to that of the other. The problem is that business cycles are market phenomena. And in the market economy, gross saving and investment do not end. Their time dimension extends indefinitely, a ...
... which the period of saving and investment are finite, such that the duration of one can be extended relative to that of the other. The problem is that business cycles are market phenomena. And in the market economy, gross saving and investment do not end. Their time dimension extends indefinitely, a ...
Measuring the Banking System`s Resilience
... adverse effects on the overall financial system and the real economy, as witnessed during the global financial crisis of 2007–2008 (the “Financial Crisis”). In response, public authorities have strengthened their macroprudential regulation of banks in an effort to prevent systemic disruptions that m ...
... adverse effects on the overall financial system and the real economy, as witnessed during the global financial crisis of 2007–2008 (the “Financial Crisis”). In response, public authorities have strengthened their macroprudential regulation of banks in an effort to prevent systemic disruptions that m ...
House Price Indexes, Approaches and Methods. Abstract
... these sets of indices, 4 overall indices are calculated for multi-family housing and singlefamily houses, inside and outside the capital city area. Hence 30 subindices are used when calculating the aggregate index for real estate prices. Emphasis is placed on comparing price developments within hou ...
... these sets of indices, 4 overall indices are calculated for multi-family housing and singlefamily houses, inside and outside the capital city area. Hence 30 subindices are used when calculating the aggregate index for real estate prices. Emphasis is placed on comparing price developments within hou ...
3-Accounting of Inventories
... costs” is costs of designing products for specific customer needs. ...
... costs” is costs of designing products for specific customer needs. ...
BB SBA Financing Solution Sheet
... you need it — is critical to the success of any business. As one of the nation’s leading and most experienced lenders, PNC offers multiple options on Small Business Administration (SBA) loans to make borrowing easier for you. With lower down payments and longer repayment terms, SBA financing offers ...
... you need it — is critical to the success of any business. As one of the nation’s leading and most experienced lenders, PNC offers multiple options on Small Business Administration (SBA) loans to make borrowing easier for you. With lower down payments and longer repayment terms, SBA financing offers ...
2006 Financing Report
... Yunus, “one that does not possess anything gets the highest priority in getting a loan.” And he practices what he preaches. Even beggars can get loans from the Grameen bank. They are not required to give up begging but are encouraged to take up an additional ...
... Yunus, “one that does not possess anything gets the highest priority in getting a loan.” And he practices what he preaches. Even beggars can get loans from the Grameen bank. They are not required to give up begging but are encouraged to take up an additional ...
Relationship and Transaction Lending in a Crisis
... modi…cation of the Bolton and Freixas (2006) model is to introduce aggregate business-cycle risk, to allow …rms to di¤er in their exposure to this risk, and to consider how the response of R banks to a crisis di¤ers from that of T banks. The main predictions emerging from the theoretical analysis a ...
... modi…cation of the Bolton and Freixas (2006) model is to introduce aggregate business-cycle risk, to allow …rms to di¤er in their exposure to this risk, and to consider how the response of R banks to a crisis di¤ers from that of T banks. The main predictions emerging from the theoretical analysis a ...
Bank Runs in Emerging-Market Countries - Chicago
... Dynamics of the run on the Kuwait Turk Evkaf Special Finance House We have daily withdrawal data from Kuwait Turk Evkaf Special Finance House (KTEFH) –- the third largest finance house. Established in 1988, KTEFH was (and is) foreign-owned: a 62% ownership share is held by the Kuwait Finance House, ...
... Dynamics of the run on the Kuwait Turk Evkaf Special Finance House We have daily withdrawal data from Kuwait Turk Evkaf Special Finance House (KTEFH) –- the third largest finance house. Established in 1988, KTEFH was (and is) foreign-owned: a 62% ownership share is held by the Kuwait Finance House, ...
The Chicago Plan Revisited Jaromir Benes and Michael Kumhof WP/12/202
... fluctuations, sudden increases and contractions of bank credit that are not necessarily driven by the fundamentals of the real economy, but that themselves change those fundamentals. In a financial system with little or no reserve backing for deposits, and with government-issued cash having a very s ...
... fluctuations, sudden increases and contractions of bank credit that are not necessarily driven by the fundamentals of the real economy, but that themselves change those fundamentals. In a financial system with little or no reserve backing for deposits, and with government-issued cash having a very s ...
Asia Pacific Real Estate Strategic Outlook
... accessibility to prime assets is becoming more challenging for institutional investors. The income component of logistics properties can provide attractive investment opportunities with a steady income stream and a higher yield—typically in excess of 5.5%. VALUE ADD | Choose markets with mispricing ...
... accessibility to prime assets is becoming more challenging for institutional investors. The income component of logistics properties can provide attractive investment opportunities with a steady income stream and a higher yield—typically in excess of 5.5%. VALUE ADD | Choose markets with mispricing ...
NBER WORKING PAPER SERIES GOLD STANDARD ERA
... No such historical study has been undertaken for debt crises, but the modern literature also finds defaults are associated with lower growth. Borensztein and Panizza (2008) find that growth is 1.2 percentage points below average in the aftermath of a default for at least one year. One has to be caut ...
... No such historical study has been undertaken for debt crises, but the modern literature also finds defaults are associated with lower growth. Borensztein and Panizza (2008) find that growth is 1.2 percentage points below average in the aftermath of a default for at least one year. One has to be caut ...
China`s new monetary policy framework
... The framework for monetary policy includes a wide range of topics in policy making and execution, such as manipulation of various policy tools; operational targets, intermediate targets and ultimate targets; institutional arrangements between the central bank and the government; and monetary and fis ...
... The framework for monetary policy includes a wide range of topics in policy making and execution, such as manipulation of various policy tools; operational targets, intermediate targets and ultimate targets; institutional arrangements between the central bank and the government; and monetary and fis ...
optimal investment for an insurer to minimize its probability of ruin
... considers a model in which the aggregate claims are modeled by a Brownian motion with drift, and the risky asset is modeled by a geometric Brownian motion (see also Browne 1997, 1999). The compound Poisson model is the most popular model in risk theory; Hipp and Taksar (2000) use it in modeling the ...
... considers a model in which the aggregate claims are modeled by a Brownian motion with drift, and the risky asset is modeled by a geometric Brownian motion (see also Browne 1997, 1999). The compound Poisson model is the most popular model in risk theory; Hipp and Taksar (2000) use it in modeling the ...
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.