04_CapStr_DebtLimit_Niu
... Company with risky and intangible assets v.s. with tangible and safe assets. Company paying heavy taxes v.s. low taxes Profitable firm v.s. less profitable firm ...
... Company with risky and intangible assets v.s. with tangible and safe assets. Company paying heavy taxes v.s. low taxes Profitable firm v.s. less profitable firm ...
It Was the Best of Times, It Was the Worst of Times…
... logical consideration. Non-maturity deposits are less rateBanks should revisit their loan pricing methodology to sensitive and, given the current financial crisis, rate is ensure that loans are being priced to reflect the same risk secondary to safety and convenience. Secondly, you could premiums pa ...
... logical consideration. Non-maturity deposits are less rateBanks should revisit their loan pricing methodology to sensitive and, given the current financial crisis, rate is ensure that loans are being priced to reflect the same risk secondary to safety and convenience. Secondly, you could premiums pa ...
General
... Huge build up of cash balances Risk of unsustainable rally in asset prices, commodity prices & economic activity US Monetary Base ...
... Huge build up of cash balances Risk of unsustainable rally in asset prices, commodity prices & economic activity US Monetary Base ...
Speech to UCLA Symposium at UC Berkeley Berkeley, California
... of a job. In a market in which house prices have been declining, a borrower with a recent mortgage secured with little or no down payment does not have the flexibility to tap into the equity in the house to weather these problems or may be unable to refinance or sell the house for enough to cover th ...
... of a job. In a market in which house prices have been declining, a borrower with a recent mortgage secured with little or no down payment does not have the flexibility to tap into the equity in the house to weather these problems or may be unable to refinance or sell the house for enough to cover th ...
Non-performing loans: Peripheral countries finally on
... After suffering from two deep economic downturns following the financial crisis and the sovereign debt crisis, the economies of the peripheral countries in Europe eventually stabilised in 2014 or even started growing again. The general outlook for this year is better still. Against this background, ...
... After suffering from two deep economic downturns following the financial crisis and the sovereign debt crisis, the economies of the peripheral countries in Europe eventually stabilised in 2014 or even started growing again. The general outlook for this year is better still. Against this background, ...
Peter/Marko changes in GREEN
... states as well. If Greece is bailed out, then what kind of a lesson is Brussels (and essentially Berlin) teaching fiscally imprudent member states? Germany has therefore sent mixed signals thus far on whether it would come to Athens’ aid. Statements from the German central bank, the Bundesbank, have ...
... states as well. If Greece is bailed out, then what kind of a lesson is Brussels (and essentially Berlin) teaching fiscally imprudent member states? Germany has therefore sent mixed signals thus far on whether it would come to Athens’ aid. Statements from the German central bank, the Bundesbank, have ...
Free JPMorgan Chase Stock Report
... for oil company loans, which haven’t been as troublesome as once expected. But expenses, including performance-based compensation, rose a bit faster (up 9%) than revenues (up 6%). Note that legal costs were nearly as high as in the final quarter of 2016 (whereas legal benefits reduced expenses in th ...
... for oil company loans, which haven’t been as troublesome as once expected. But expenses, including performance-based compensation, rose a bit faster (up 9%) than revenues (up 6%). Note that legal costs were nearly as high as in the final quarter of 2016 (whereas legal benefits reduced expenses in th ...
Investment Outlook
... and IQ characteristics seemed primarily guided by how they came out of the oven, not by who they might become – if uninfluenced by their genetic makeups. That was not to discount free will (I now understand), but Nietzsche was never required reading back then and four years was too short a time to r ...
... and IQ characteristics seemed primarily guided by how they came out of the oven, not by who they might become – if uninfluenced by their genetic makeups. That was not to discount free will (I now understand), but Nietzsche was never required reading back then and four years was too short a time to r ...
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... The dot.com meltdown and accompanying recession inflicted meaningful damage on the U.S. economy and financial system ¾ The U.S. economy went into recession in March 2001, with unemployment rising to 5.5% and cumulative job losses of 1.6 million ¾ Equity markets plunged -- the S&P fell 49% from its 2 ...
... The dot.com meltdown and accompanying recession inflicted meaningful damage on the U.S. economy and financial system ¾ The U.S. economy went into recession in March 2001, with unemployment rising to 5.5% and cumulative job losses of 1.6 million ¾ Equity markets plunged -- the S&P fell 49% from its 2 ...
Document
... if entitlements stopped being paid, wouldn’t the baby boomers’ savings rate have to increase substantially, possibly causing a serious economic crisis? The increase may be sudden, if the government fully reneges, or slow and steady if it gradually ratchets down benefits. Similarly, Germany is plague ...
... if entitlements stopped being paid, wouldn’t the baby boomers’ savings rate have to increase substantially, possibly causing a serious economic crisis? The increase may be sudden, if the government fully reneges, or slow and steady if it gradually ratchets down benefits. Similarly, Germany is plague ...
April 2009 Business Barometer - North Carolina Bankers Association
... The 1981 and 1975 recessions were the longest in the post WWII period. Each lasted for 16 months. This recession enters its 17th month in April and will continue till the end of the year making it the longest in the post WWII period. This recession will last so long because the 2001 recession really ...
... The 1981 and 1975 recessions were the longest in the post WWII period. Each lasted for 16 months. This recession enters its 17th month in April and will continue till the end of the year making it the longest in the post WWII period. This recession will last so long because the 2001 recession really ...
safeguarding the stability of the euro area and the enhanced
... Most economies experienced negative rates of growth, the unemployment continues on the increase, a number of financial giants have closed or are having severe problems, the private consumption and investment have shrunk because of uncertainty and reductions in the value of financial assets. Although ...
... Most economies experienced negative rates of growth, the unemployment continues on the increase, a number of financial giants have closed or are having severe problems, the private consumption and investment have shrunk because of uncertainty and reductions in the value of financial assets. Although ...
Heads I win, tails I win
... particular, it should retire most of the nominal gilts outstanding, at all maturities, as well as index-linked gilts with maturities less than 10 years, financing these purchases by sales of index-linked gilts with maturities of at least 15 years, with preference given to very long maturities - 30 a ...
... particular, it should retire most of the nominal gilts outstanding, at all maturities, as well as index-linked gilts with maturities less than 10 years, financing these purchases by sales of index-linked gilts with maturities of at least 15 years, with preference given to very long maturities - 30 a ...
Fiscal Policy and Financial Crises
... 1/ Indicate coverage of public sector, e.g., general government or nonfinancial public sector. Also whether net or gross debt is used. 2/ Derived as [(r - g - g + r]/(1+g++g)) times previous period debt ratio, with r = interest rate; = growth rate of GDP deflator; g = real GDP growth ...
... 1/ Indicate coverage of public sector, e.g., general government or nonfinancial public sector. Also whether net or gross debt is used. 2/ Derived as [(r - g - g + r]/(1+g++g)) times previous period debt ratio, with r = interest rate; = growth rate of GDP deflator; g = real GDP growth ...
need for financial diversification: development of a debt market in
... discovery mechanism and a broader investor base would make it easier for new companies to raise longer term risk-capital from the capital market and reduce their reliance on conventional lenders like banks. By following improved governance practices, for instance a high level of disclosure, listed c ...
... discovery mechanism and a broader investor base would make it easier for new companies to raise longer term risk-capital from the capital market and reduce their reliance on conventional lenders like banks. By following improved governance practices, for instance a high level of disclosure, listed c ...
Asian Banks in Trouble* C.P. Chandrasekhar
... (EMEs) in the region, viz., China, India, Indonesia, Korea, Malaysia, Singapore, and Thailand. In terms of a point of time picture, in 2013, Indonesia and India recorded relatively lower bank credit to GDP ratios of 34 and 53 per cent respectively, while the others had notched up ratios that stood w ...
... (EMEs) in the region, viz., China, India, Indonesia, Korea, Malaysia, Singapore, and Thailand. In terms of a point of time picture, in 2013, Indonesia and India recorded relatively lower bank credit to GDP ratios of 34 and 53 per cent respectively, while the others had notched up ratios that stood w ...
President’s Message
... long-term interest rates, and very liberal lending standards by the Federal Housing Administration could be igniting another housing bubble, while we are still trying to recover from the last one. These combined government policies are encouraging consumption (housing is consumption) when the U.S. e ...
... long-term interest rates, and very liberal lending standards by the Federal Housing Administration could be igniting another housing bubble, while we are still trying to recover from the last one. These combined government policies are encouraging consumption (housing is consumption) when the U.S. e ...
Speech to the San Francisco Planning and Urban Research Group
... Within this Federal Reserve District, housing has been harder hit in some areas than in others. For example, builders and homeowners in parts of Arizona, Nevada, and the inland regions of California have seen some of the worst of the downturn, watching prices fall and equity evaporate as homes sit u ...
... Within this Federal Reserve District, housing has been harder hit in some areas than in others. For example, builders and homeowners in parts of Arizona, Nevada, and the inland regions of California have seen some of the worst of the downturn, watching prices fall and equity evaporate as homes sit u ...
Name of Your Country
... Recent Global Environment • Over the past two years, global growth has accelerated and become more broad-based. • Higher private consumption and business investment were principal drivers of growth. • Inflationary pressures have been increasing owing to rising demand and higher oil prices. • Conseq ...
... Recent Global Environment • Over the past two years, global growth has accelerated and become more broad-based. • Higher private consumption and business investment were principal drivers of growth. • Inflationary pressures have been increasing owing to rising demand and higher oil prices. • Conseq ...
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.