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CITIGROUP`S 2007 ANNUAL REPORT ON FORM 10-K
CITIGROUP`S 2007 ANNUAL REPORT ON FORM 10-K

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... The ability to estimate the likelihood of a financial loss is highly desirable. However, standard theories of probability often fail in the analysis of financial markets. Risks usually do not exist in isolation, and the interactions of several exposures may have to be considered in developing an und ...
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... usefulness of financial information, and that “information about a reporting entity is more useful if it can be compared with similar information about other entities and with similar information about the same entity for another period or another date.” Thus, it is expected that accounting comparab ...
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... in macroeconomics, starting with Kydland and Prescott (1982), who took their productivity shocks as exogenous, then to Mendoza (1995), who did the same with his terms of trade shocks, or Neumeyer and Perri (2005), who consider country spread shocks as given. Part of the reason is that an exogenous p ...
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Interest rate ceiling

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