Xem 1-20 trên 32 kết quả Policy currency
  • This paper studies the responses of residential property and equity prices, inflation and economic activity to monetary policy shocks in 17 countries, using data spanning 1986-2006. We estimate VARs for individual economies and panel VARs in which we distinguish between groups of countries on the basis of the characteristics of their financial systems. The results suggest that using monetary policy to offset asset price movements in order to guard against financial instability may have large effects on economic activity.

    pdf35p thuytinh_den 11-07-2010 94 16   Download

  • At the start of the twenty-first century, international aspects of economics remain as important and controversial as ever.

    pdf782p theboy_ldv 13-06-2010 250 142   Download

  • Error notes continue to carve an ever larger niche in paper money collecting. This revised reference offers collectors a comprehensive catalog of known U.S. paper money errors and includes examples of each error and detailed information on paper money printing. Updated values are provided in up to three conditions. Errors are thoroughly described and depicted, including overprint, folding and first and second printing errors. Historical photographs from the Bureau of Engraving and Printing reveal rarely seen images of U.S. paper money workers inside the printing office....

    pdf285p damtrung 14-07-2009 80 13   Download

  • Research will focus on the basic theory in terms of liquidity management of the central bank, the status of liquidity to execute the monetary policy of the central bank by forecasting method from currency balance sheet and propose management solution on liquidity of the central bank monetary policy.

    pdf24p luanan014 17-07-2014 21 6   Download

  • Filers categorized over half of the subjects as policyholders of either the insured, the beneficiary, the payer, or the applicant. The next largest category of subjects was the applicant or owner of an annuity. Consistent with data from all other financial services industries, insurance compa- ny filers most commonly cited “BSA/Money Laundering/Structuring” as the charac- terization of suspicious activity. Structuring, where larger transactions are broken into smaller exchanges, is consistent with an attempt to avoid currency reporting requirements. ...

    pdf0p thangbienthai 23-11-2012 22 5   Download

  • Most of the remittance-receiving countries witnessed a significant macro-economic impact of remittances, not only in terms of hel ping increase foreign currency earnings, but also by virtue of representing a sizeable share of a country’s GDP, Moreover, these resources help expand markets through spending and investment. Table 1 shows that the amount of remittances received by these countries is far larger than FDI or ODA. When compared with exports, remittances also represent a significant portion of that revenue.

    pdf161p enterroi 02-02-2013 15 5   Download

  • The measure under consideration was reported by me from the Committee on Finance. It is hardly necessary for me to say, however, that it does not fully reflect my individual views regarding the relation which silver should bear to the monetary circulation of the country or of the world. I am, at all times and in all places, a firm and unwavering advocate of the free and unlimited coinage of silver, not merely for the reason that silver is as ancient and honorable a money metal as gold, and equally well adapted for the money use, but for the further reason that, looking at the...

    pdf108p hotmoingay8 29-01-2013 23 5   Download

  • Clearly, interest rate policy implemented by the Fed’s current operating procedures could not survive in this case. If the Fed persisted in implementing interest rate policy with its current procedures, the Fed would continually sell securities to withdraw reserves and currency. Reserves, for example, would be withdrawn to keep their marginal narrow liquidity services yield from falling below the interest opportunity cost represented by the federal funds rate target.

    pdf18p taisaocothedung 09-01-2013 19 4   Download

  • We assess some stylised facts on long-term interest rates, using weekly and daily data. Then we explore how these events were interpreted in capital markets by reviewing weekly notes and newsletters of four major investment banks for 2002, and we provide a chronology of major fiscal policy events throughout the year.

    pdf39p taisaovanchuavo 23-01-2013 18 4   Download

  • What can governments do to support and drive these initiatives further? The most important thing is to provide clear and consistent environmental policies which will fix market failures and give institutional investors the confidence to invest in green projects. Without these policies climate finance from the private sector will not be forthcoming. Governments need to ensure that adequate, investment-grade deals at scale come to the market in order to be able to tap the potential pension funds cash.

    pdf46p quaivatdo 19-11-2012 23 3   Download

  • We analyze the development of 49 local bond markets. Our main finding is that policies and laws matter: Countries with stable inflation rates and strong creditor rights have more developed local bond markets and rely less on foreign-currency-denominated bonds. The results suggest that “original sin” is a misnomer. Emerging economies are not inherently dependent upon foreign-currency debt. Rather, by improving policy performance and strengthening institutions they may develop local currency bond markets, reduce their currency mismatch, and lessen the likelihood of future crises....

    pdf22p taisaocothedung 12-01-2013 23 2   Download

  • Chapter 38 - The balance of payments, exchange rates, and trade deficits. After reading this chapter, you should be able to: Explain how currencies of different nations are exchanged when international transactions take place, analyze the balance sheet the United States uses to account for the international payments it makes and receives, discuss how exchange rates are determined in currency markets, describe the difference between flexible exchange rates and fixed exchange rates, Identify the causes and consequences of recent record-high U.S. trade deficits.

    ppt15p tangtuy05 23-03-2016 7 2   Download

  • Domestic bond markets have remained underdeveloped for much of Latin America’s modern history owing to a number of policy and structural impediments. The resulting structure of domestic government and private sector debt, which was heavily biased towards short-term and/or dollar-indexed liabilities, contributed to a worsening of the financial crises in the region during the 1990s and early 2000s. In recent years, however, domestic bond markets have constituted a growing source of financing for Latin American economies and of portfolio allocation for global investors (Figure 1).

    pdf19p taisaocothedung 12-01-2013 20 1   Download

  • Finally, international (foreign currency) credit can also put upward pressure on the real exchange rate, as borrowers exchange foreign for domestic currency for the purchase of domestic goods or assets. With a fixed exchange rate (or within a currency area), real exchange rate appreciation can take the form of relatively rapid inflation. For a country with an independent currency, real exchange rate appreciation can result from either nominal appreciation or relatively rapid inflation.

    pdf11p enter1cai 12-01-2013 22 1   Download

  • Bài giảng "Kinh tế vĩ mô - Chapter 20: Mô hình IS – LM - BP" cung cấp cho người học các kiến thức: The market for foreign currency exchange, marginal propensity to import, output determination in open economy, balance of payments, BP curve, is lm bp model, monetary and fiscal policies in open economy. Mời các bạn cùng tham khảo.

    pdf42p doinhugiobay_13 26-01-2016 10 1   Download

  • Chapter 9 - Currency exchange rates. This chapter define an exchange rate, and distinguish between nominal and real exchange rates and spot and forward exchange rates; describe functions of and participants in the foreign exchange market; describe functions of and participants in the foreign exchange market;...

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  • 388 Planning and Forecasting EXHIBIT 12.23 Company AGCO Corporation (1999) Hedging of translation exposure: Selected company policies. Hedging Policy The Company’s translation exposure resulting from translating the financial statements of foreign subsidiaries into U.S. dollars is not hedged. When practical, this translation impact is reduced by financing local operations with local borrowings. We occasionally use foreign currency contracts to hedge the market risk of a subsidiary’s net asset position.

    pdf10p anhheomap 13-12-2010 84 48   Download

  • A number of assumptions have been adopted for the projections presented in the World Economic Outlook.

    pdf216p conrepcon 13-04-2012 67 23   Download

  • This study analyzes and provides empirical tests of early warning indicators of banking and currency crises in emerging economies. The aim is to identify key empirical regularities in the run-up to banking and currency crises that would enable officials and private market participants to recognize vulnerability to financial crises at an earlier stage. This, in turn, should make it easier to motivate the corrective policy actions that would prevent such crises from actually taking place.

    pdf113p conrepcon 12-04-2012 29 15   Download

  • Part VI Classical monetary economics and search Chapter 24 Fiscal-Monetary Theories of Inflation 24.1. The issues This chapter introduces some issues in monetary theory that mostly revolve around coordinating monetary and fiscal policies. We start from the observation that complete markets models have no role for inconvertible currency

    pdf46p summerflora 28-10-2010 44 6   Download

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