The Financial, Economic, Social, and Political
... markets, lower interest rates of various maturities to stimulate aggregate demand and signal to markets that central bankers were taking decisive steps to avoid the mistakes which led to the Great Depression. While a large body of literature has examined the effects of QE on financial markets, less ...
... markets, lower interest rates of various maturities to stimulate aggregate demand and signal to markets that central bankers were taking decisive steps to avoid the mistakes which led to the Great Depression. While a large body of literature has examined the effects of QE on financial markets, less ...
Incorporation of financial ratios into prudential definition of assets
... Past due days, as a single quantitative criterion, cannot capture increased risks associated with the borrower’s repayment capacity until the exposure gets into arrears. In addition, reliance on this criterion only makes it possible to evade classification of loans as past due and to overestimate th ...
... Past due days, as a single quantitative criterion, cannot capture increased risks associated with the borrower’s repayment capacity until the exposure gets into arrears. In addition, reliance on this criterion only makes it possible to evade classification of loans as past due and to overestimate th ...
BIS Working Papers Asset prices, financial and monetary stability: exploring the nexus
... safeguards in the financial sphere, in the form of prudential regulation and supervision, might be sufficient to prevent financial distress. In practice, however, they may be less than fully satisfactory. If the imbalances are large enough, the end-result could be a severe recession coupled with pri ...
... safeguards in the financial sphere, in the form of prudential regulation and supervision, might be sufficient to prevent financial distress. In practice, however, they may be less than fully satisfactory. If the imbalances are large enough, the end-result could be a severe recession coupled with pri ...
MUNICIPAL DEBT AND MARGINAL TAX RATES: IS
... The empirical results are very striking. We find that the average marginal tax rate during the 2001-2008 sample period is 41.6 percent. This value is slightly higher than the maximum Federal income tax rate of 39.1 percent during 2001, 38.6 percent during 2002, and 35.0 percent during the remainder ...
... The empirical results are very striking. We find that the average marginal tax rate during the 2001-2008 sample period is 41.6 percent. This value is slightly higher than the maximum Federal income tax rate of 39.1 percent during 2001, 38.6 percent during 2002, and 35.0 percent during the remainder ...
The Developed Financial System Causes the Predicament of Zhejiang Merchants
... borrowed 10 million. Of course, it is common to borrow 10 million and at the same time deposit 5 million. Such operating practices pushed up the cost of loans in disguised way. In Zhejiang, if we should say that the usury runs amuck everywhere, to some extent, this means that the bank is the biggest ...
... borrowed 10 million. Of course, it is common to borrow 10 million and at the same time deposit 5 million. Such operating practices pushed up the cost of loans in disguised way. In Zhejiang, if we should say that the usury runs amuck everywhere, to some extent, this means that the bank is the biggest ...
The Yield Curve`s Ability to Predict a Recession in the US and Abroad
... Does the Yield Curve Provide Complete Information Necessary to Predict a Recession? The US Case All twelve US recessions since 1955 were preceded (approximately 12 to 18 months earlier) by an inversion in the yield curve (Estrella, 2010). Economists continue to investigate potential mechanisms that ...
... Does the Yield Curve Provide Complete Information Necessary to Predict a Recession? The US Case All twelve US recessions since 1955 were preceded (approximately 12 to 18 months earlier) by an inversion in the yield curve (Estrella, 2010). Economists continue to investigate potential mechanisms that ...
The Euro and the Geography of International Debt Flow
... recent fourth Capital Requirements Directive continues to allow zero risk weights for euro area sovereign debts, even though the borrowing countries cannot print currency to pay their debts.) Fourth, financial regulations in the EU were harmonized (Kalemli-Ozcan et al., 2010) and the euro infrastru ...
... recent fourth Capital Requirements Directive continues to allow zero risk weights for euro area sovereign debts, even though the borrowing countries cannot print currency to pay their debts.) Fourth, financial regulations in the EU were harmonized (Kalemli-Ozcan et al., 2010) and the euro infrastru ...
Leverage
... With an increase in sales of 25% from Rs. 2,000 to Rs. 2,500, profits have increased from Rs. 700 to Rs. 1000, an increase of 43%. This is the effect of leverage. If the firm had no fixed costs at all but all its costs were variable, there would have been no leverage and the percentage change in sal ...
... With an increase in sales of 25% from Rs. 2,000 to Rs. 2,500, profits have increased from Rs. 700 to Rs. 1000, an increase of 43%. This is the effect of leverage. If the firm had no fixed costs at all but all its costs were variable, there would have been no leverage and the percentage change in sal ...
Bulletin Contents Volume 76 No. 4, December 2013
... The global financial crisis galvanised debate about how monetary policy should respond to financial system developments. This debate is not particularly ...
... The global financial crisis galvanised debate about how monetary policy should respond to financial system developments. This debate is not particularly ...
COMMENTS ON THE COMPANY`S
... Note: LTM (last twelve months) is the sum of the results calculated for the last twelve months. LTM is not a measure utilized in Brazilian accounting practices, and does not represent a statement of income for the period, nor should it be regarded as an alternative to net income from the standpoint ...
... Note: LTM (last twelve months) is the sum of the results calculated for the last twelve months. LTM is not a measure utilized in Brazilian accounting practices, and does not represent a statement of income for the period, nor should it be regarded as an alternative to net income from the standpoint ...
Collateral and Credit Issues in Derivatives Pricing
... examine equilibrium arguments as well as the no-arbitrage arguments considered by other researchers. Equilibrium arguments are important when unhedgable risks (which arguably include the bank’s own credit risk) are considered. We consider collateralization as well as credit risk and consider the imp ...
... examine equilibrium arguments as well as the no-arbitrage arguments considered by other researchers. Equilibrium arguments are important when unhedgable risks (which arguably include the bank’s own credit risk) are considered. We consider collateralization as well as credit risk and consider the imp ...
“Azerbaijan Caspian Shipping” Closed Joint Stock Company
... instruments, available-for-sale financial assets, contingent consideration and non-cash distribution liability that have been measured at fair value. The consolidated financial statements provide comparative information in respect of the previous period. Basis for consolidation. The consolidated fin ...
... instruments, available-for-sale financial assets, contingent consideration and non-cash distribution liability that have been measured at fair value. The consolidated financial statements provide comparative information in respect of the previous period. Basis for consolidation. The consolidated fin ...
Interest Rates and Real Business Cycles in Emerging Markets S. Tolga TİRYAKİ
... Central Bank of the Republic of Turkey. The Working Paper Series are externally refereed. The refereeing process is managed by the Research and Monetary Policy Department. ...
... Central Bank of the Republic of Turkey. The Working Paper Series are externally refereed. The refereeing process is managed by the Research and Monetary Policy Department. ...
2014 Australian Financial Markets Report
... These reforms are aimed at enhancing the resilience of the global financial system. They are important to Australia because our financial markets are heavily integrated with those overseas. Stable and efficient financial markets are essential to supporting Australian economic growth and prosperity. ...
... These reforms are aimed at enhancing the resilience of the global financial system. They are important to Australia because our financial markets are heavily integrated with those overseas. Stable and efficient financial markets are essential to supporting Australian economic growth and prosperity. ...
(Should) Keeps Utility Execs Awake at Night? Sandy Williams, Foley
... – Effect of replacement already depreciated with new, more expensive (in rates) – Demand-side investments? ©2012 Foley & Lardner LLP ...
... – Effect of replacement already depreciated with new, more expensive (in rates) – Demand-side investments? ©2012 Foley & Lardner LLP ...