Peterson Foundation - Financial Management Services, Inc.
... crisis. Medicare, which retirees rely on for their health insurance, and Medicaid, which provides health care for low-income individuals, account for most of the projected long-term growth in spending. Together, they account for 5 percent of today’s GDP (20 percent of spending); within 30 years they ...
... crisis. Medicare, which retirees rely on for their health insurance, and Medicaid, which provides health care for low-income individuals, account for most of the projected long-term growth in spending. Together, they account for 5 percent of today’s GDP (20 percent of spending); within 30 years they ...
The euro zone: Falling into a liquidity trap?
... Depression of the 1930s and happened again in Japan after the bursting of its huge real-estate bubble in 1991 which left behind a legacy of high private-sector debt. Throughout the 1990s, the Bank of Japan eased monetary policy on several occasions and, by the end of the decade, short-term interest ...
... Depression of the 1930s and happened again in Japan after the bursting of its huge real-estate bubble in 1991 which left behind a legacy of high private-sector debt. Throughout the 1990s, the Bank of Japan eased monetary policy on several occasions and, by the end of the decade, short-term interest ...
Policy Issues in CORPORATE BoND MARKET IN INDIA
... disclosures but less than those required under the equity listing agreement. ...
... disclosures but less than those required under the equity listing agreement. ...
With aftershocks of the recent global financial earthquake still being
... the world, it would be useful to have a set of Early Warning Indicators to tell us what countries are most vulnerable. Many scholarly papers in the past have been devoted to identifying leading indicators of crises. The bar for finding good indicators has sometimes been set too high. Nobody should b ...
... the world, it would be useful to have a set of Early Warning Indicators to tell us what countries are most vulnerable. Many scholarly papers in the past have been devoted to identifying leading indicators of crises. The bar for finding good indicators has sometimes been set too high. Nobody should b ...
SBP brings down policy rate to a single digit (9.5%)
... The timely realization of these official inflows is of essence and can alleviate the fiscal pressure on domestic borrowings to some extent. Showing a year-on-year growth of 26.4 percent, these fiscal borrowings from the banking system continue to remain the main source of monetary expansion. During ...
... The timely realization of these official inflows is of essence and can alleviate the fiscal pressure on domestic borrowings to some extent. Showing a year-on-year growth of 26.4 percent, these fiscal borrowings from the banking system continue to remain the main source of monetary expansion. During ...
Declan Costello (EC, DG ECFIN)
... studies "any early warnings or recommendations from the ESRB relevant to the Member States under review" into account • European Parliament has proposed additional ...
... studies "any early warnings or recommendations from the ESRB relevant to the Member States under review" into account • European Parliament has proposed additional ...
Letter of Representation
... o (Option 1) Personnel costs reported in the Financial Statement are not based on budgeted or estimated amounts. They are calculated using rates based on actual costs, and reflect the time actually worked on the [ ] project during the period covered by the Financial Statement. OR o (Option 2) Person ...
... o (Option 1) Personnel costs reported in the Financial Statement are not based on budgeted or estimated amounts. They are calculated using rates based on actual costs, and reflect the time actually worked on the [ ] project during the period covered by the Financial Statement. OR o (Option 2) Person ...
II. DOMESTIC ECONOMIC OUTLOOK
... inflows to countries like Turkey, with relatively stronger economic fundamentals. While domestic demanddriven growth continues, unemployment rates decline. These developments give way to concerns of overheating in Turkey, as in other emerging economies. However, the persisting low level of capacity ...
... inflows to countries like Turkey, with relatively stronger economic fundamentals. While domestic demanddriven growth continues, unemployment rates decline. These developments give way to concerns of overheating in Turkey, as in other emerging economies. However, the persisting low level of capacity ...
Schroders Multi-Asset Investments Views and Insights - June 2015
... authorities have embarked on monetary easing, economic reform and fiscal consolidation in seeking to end deflation, revive the economy through boosting competitiveness and ultimately seeking to avoid looming debt troubles by boosting the denominator and shrinking the numerator of the nation’s debt t ...
... authorities have embarked on monetary easing, economic reform and fiscal consolidation in seeking to end deflation, revive the economy through boosting competitiveness and ultimately seeking to avoid looming debt troubles by boosting the denominator and shrinking the numerator of the nation’s debt t ...
Comparisons of OECD Debt
... Should we be concerned about high and sharply rising public debts? Several advanced economies have experienced higher levels of public debt than we see today. In the aftermath of World War II, for example, government debts in excess of 100% of GDP were common. 2 And none of these led to default. 3 I ...
... Should we be concerned about high and sharply rising public debts? Several advanced economies have experienced higher levels of public debt than we see today. In the aftermath of World War II, for example, government debts in excess of 100% of GDP were common. 2 And none of these led to default. 3 I ...
International Capital Flows and US Interest Rates
... foreign central bankers? – hard to assess precisely because of data limitations, and confidentiality of foreign central bank holdings • “benchmark consistent flows” more accurate measure of total foreign (not just foreign official) purchases • “TIC-reported foreign official flows” a lower bound on e ...
... foreign central bankers? – hard to assess precisely because of data limitations, and confidentiality of foreign central bank holdings • “benchmark consistent flows” more accurate measure of total foreign (not just foreign official) purchases • “TIC-reported foreign official flows” a lower bound on e ...
FINANCIAL KEYNESIANISM AND MARKET INSTABILITY
... funding drives up prices for the underlying assets. We are now living with the aftermath as positions are de-levered, driving prices of the underlying collateral (homes, commodities, factories) down—the debt deflation. Previous to WWII, debt deflations operated quickly. As Minsky liked to point out, ...
... funding drives up prices for the underlying assets. We are now living with the aftermath as positions are de-levered, driving prices of the underlying collateral (homes, commodities, factories) down—the debt deflation. Previous to WWII, debt deflations operated quickly. As Minsky liked to point out, ...
Factor: corporate indebtedness and lack of equity
... • Moderate decrease of RWA (€ -57 mio): a) contraction of lending activity, b) restructuring the assets (less risky) ↑securities/ total assets & ↓loans / total assets. • ↑ own funds (€ +103 mio): a) profit, b) recapitalizations. "good" deleveraging. – Internal generation of capital (credit growt ...
... • Moderate decrease of RWA (€ -57 mio): a) contraction of lending activity, b) restructuring the assets (less risky) ↑securities/ total assets & ↓loans / total assets. • ↑ own funds (€ +103 mio): a) profit, b) recapitalizations. "good" deleveraging. – Internal generation of capital (credit growt ...
The Macroeconomic Transition to High Household Debt Jeffrey R. Campbell Zvi Hercowitz
... From the middle 1930s until the early 1980s, 15 and 30 year amortized mortgages accounted for most of collateralized household debt. These required the home owner to take an initial equity share at the time of purchase and to accumulate further equity as the debt amortizes. The implied forced savin ...
... From the middle 1930s until the early 1980s, 15 and 30 year amortized mortgages accounted for most of collateralized household debt. These required the home owner to take an initial equity share at the time of purchase and to accumulate further equity as the debt amortizes. The implied forced savin ...
Lars Nyberg: Developments in the property market (Central Bank
... many differences between the two situations. There is no doubt that we experienced a bubble at the beginning of the 1990s, when prices largely lost their relationship to fundamentals and were instead underpinned by expectations of future price rises. For a period of time the direct yield on property ...
... many differences between the two situations. There is no doubt that we experienced a bubble at the beginning of the 1990s, when prices largely lost their relationship to fundamentals and were instead underpinned by expectations of future price rises. For a period of time the direct yield on property ...
October 2014 - Markets May Head Higher, But
... Russia and several other emerging countries. Several years ago it was the Emerging Markets that were the big global engines coming to the rescue of over indebted industrialized economies – but that has now changed. In 2007 the emerging economies GDP averaged 8.7% and today it is less than 4%! The wo ...
... Russia and several other emerging countries. Several years ago it was the Emerging Markets that were the big global engines coming to the rescue of over indebted industrialized economies – but that has now changed. In 2007 the emerging economies GDP averaged 8.7% and today it is less than 4%! The wo ...
R e c e n t d e... f i n a n c i a l ...
... of improved economic growth prospects. Equity markets in most countries are higher than they were a year ago, although they have been highly variable during this time ...
... of improved economic growth prospects. Equity markets in most countries are higher than they were a year ago, although they have been highly variable during this time ...
departamento de economia puc-rio texto para discussão n . 407
... The home bias puzzle refers to very small share of foreign ownership of domestic securities, despite the large benefits of global diversification. Home bias is a well known phenomenon in both equity and bond markets, although estimates for major industrial countries indicate that it is less pronounc ...
... The home bias puzzle refers to very small share of foreign ownership of domestic securities, despite the large benefits of global diversification. Home bias is a well known phenomenon in both equity and bond markets, although estimates for major industrial countries indicate that it is less pronounc ...
Housing: The Key to Economic Recovery
... activity drives other closely-related components of the economy as well. Housing also is vital to local and state economies, creating jobs and generating taxes and wages that positively influence the quality of life. The construction of 1,000 single-family homes generates: 2,448 jobs in construction ...
... activity drives other closely-related components of the economy as well. Housing also is vital to local and state economies, creating jobs and generating taxes and wages that positively influence the quality of life. The construction of 1,000 single-family homes generates: 2,448 jobs in construction ...
Household debt
Household debt is defined as the amount of money that all adults in the household owe financial institutions. It includes consumer debt and mortgage loans. A significant rise in the level of this debt coincides historically with many severe economic crises and was a cause of the U.S. and subsequent European economic crises of 2007–2012. Several economists have argued that lowering this debt is essential to economic recovery in the U.S. and selected Eurozone countries.