Financial and monetary

This thesis examines the determinants of bank equity risk and credit risk as well as providing an analysis of the change in bank equity risk following the formation of Economic and Monetary Union (EMU). It is motivated by the increasing interest in bank risk research particularly since the formation of EMU and the global financial crisis. The study considers a range of financial institutions across 36 countries from the period of 1995-2006.

392p runthenight04 02-02-2023 5 2   Download

The failure of inflation targeting regimes in several emerging economies has received renewed interest among academics and policymakers alike. This ineffectiveness can be attributed to worsening fiscal positions in the aftermath of the Global Financial Crisis, which sheds light on the importance of coordinating fiscal policy and monetary policy to achieve price stability. This thesis, therefore, aims to investigate the effects of fiscal policy on the different transmission channels of monetary policy, which ultimately results in high inflation.

191p runthenight04 02-02-2023 5 3   Download

Based on the results combined with Vietnam’s financial integration process and monetary policy management, this thesis proposed some implications for Vietnam’s monetary policy management in financial globalization, including (i) flexible exchange rate management and building up foreign exchange reserves.

36p gaocaolon12 14-06-2021 15 4   Download

The overall objective of the thesis is to evaluate the impact of monetary and macroprudential policies on financial stability in the group of EAGLEs and each specific country in the group of EAGLEs. The research results are the scientific ideas to propose policy implications to help strengthen the financial system's stability, thereby improving the macroeconomic environment towards sustainable economic growth.

32p gaocaolon12 14-06-2021 17 3   Download

The paper studies the monetary approach to exchange rate for a group of five Pacific Basin economies, using quarterly data for the period of post – Asian financial crisis. Estimated results reveal that for Thailand and the Indonesia which were most affected by Asian financial crisis, monetary model did not work for explaining exchange rate movements.

10p tohitohi 22-05-2020 19 1   Download

The transmission of monetary policy is the center of economic studies, this field was renewed in light of the 2008 global financial crisis with arguments about the effectiveness and the determinants of transmission channels especially in emerging markets such as Vietnam which may have strong bank lending channel while asset price channel and exchange rate channel may be weak.

310p change08 30-06-2016 73 9   Download

The transmission of monetary policy is the center of economic studies, this field was renewed in light of the 2008 global financial crisis with arguments about the effectiveness and the determinants of transmission channels especially in emerging markets such as Vietnam which may have strong bank lending channel while asset price channel and exchange rate channel may be weak.

34p change08 30-06-2016 68 5   Download

The impossible trinity theory states that a country simultaneously may choose at most two of the following three goals: monetary independence, exchange rare stability and fully financial integration. In the context of financial integration steadily increasing in most countries, the choices and trade-offs between policy objectives become more and more important, because a combined policy will bring different effects for the economy.

26p change11 29-06-2016 70 6   Download

Đề tài Sự can thiệp vô hiệu hóa, chính sách tài tiền tệ và hội nhập tài chính toàn cầu tập trung xem xét về quy mô của sự vô hiệu hóa bằng cách ước lượng xu hướng biên để vô hiệu hóa sự tích lũy tài sản nước ngoài qua các thời kỳ thông qua các quốc gia được chọn ở Châu Á và Châu Mỹ Latinh. Đánh giá tính hiệu quả và quy mô của sự vô hiệu hóa tại các thị trường mới nổi ở Châu Á và Châu Mỹ Latinh.

19p wave_12 08-04-2014 88 9   Download

Tham khảo sách 'financial statement analysis a practitioner's guide third edition - martin fridson fernado alvarez', ngoại ngữ, anh văn thương mại phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả

413p coixaytieu 06-08-2012 429 159   Download

The use of fixed operating costs as opposed to variable operating costs. A firm with relatively high fixed operating costs will experience more variable operating income if sales change. The variability or uncertainty of a firm’s earnings per share (EPS) and the increased probability of insolvency that arises when a firm uses financial leverage.

88p huynhcongdanh 12-06-2012 125 31   Download

Public Offering – Firm issues securities, which are made available to both individual and institutional investors. • Private Placement – Securities are offered and sold to a limited number of investors. Primary Market –Market in which new issues of a security are sold to initial buyers. • Secondary Market –Market in which previously issued securities are traded.

71p huynhcongdanh 12-06-2012 125 22   Download

Suppose the British increase demand for U.S. products. British importers buy the U.S. products to sell in England. They buy dollars with pounds, so they can pay U.S. firms in dollars. The demand for dollars increases, and forces up the £ / $ exchange rate, which makes U.S. products more expensive in England.

48p huynhcongdanh 12-06-2012 104 25   Download

• Permanent Assets (those held 1 year) – should be financed with permanent and spontaneous sources of financing. • Temporary Assets (those held • Permanent Financing – intermediate-term loans, long-term debt, preferred stock, common stock • Spontaneous Financing – accounts payable that arise spontaneously in day-to-day operations (trade credit, wages payable, accrued interest and taxes) • Short-term financing – unsecured bank loans, commercial paper, loans secured by A/R or inventory...

43p huynhcongdanh 12-06-2012 145 32   Download

In a “perfect world” environment with no taxes, no transaction costs and perfectly efficient financial markets, capital structure does not matter. This is known as the Independence hypothesis: firm value is independent of capital structure.

70p huynhcongdanh 12-06-2012 114 31   Download

The combination of opportunity and execution. Opportunities must be recognized, and Employees must be ready, willing and able to take advantage of the opportunities. Using the P/E ratio: If a firm’s P/E ratio is 20, then a dollar increase in earnings per share will create $20 in additional equity value per share. Problem: ignores R&D, which would reduce earnings per share, but should increase future earnings!

14p huynhcongdanh 12-06-2012 92 25   Download

Basic Skills: (Time value of money, Financial Statements) Investments: (Stocks, Bonds, Risk and Return) Corporate Finance: (The Investment Decision - Capital Budgeting) For Investors, the rate of return on a security is a benefit of investing. For Financial Managers, that same rate of return is a cost of raising funds that are needed to operate the firm. In other words, the cost of raising funds is the firm’s cost of capital.

47p huynhcongdanh 12-06-2012 124 34   Download

Bonds pay fixed coupon (interest) payments at fixed intervals (usually every 6 months) and pay the par value at maturity. Debentures - unsecured bonds. Subordinated debentures - unsecured “junior” debt. Mortgage bonds - secured bonds. Zeros - bonds that pay only par value at maturity; no coupons. Junk bonds - speculative or below-investment grade bonds; rated BB and below. High-yield bonds. Eurobonds - bonds denominated in one currency and sold in another country. (Borrowing overseas). example - suppose Disney decides to sell $1,000 bonds in France. These are U.S.

54p huynhcongdanh 12-06-2012 116 29   Download

Project sales revenues and expenses. 2) Estimate current assets and fixed assets necessary to support projected sales. Percent of sales forecast Budgets indicate the amount and timing of future financing needs. Budgets provide a basis for taking corrective action if budgeted and actual figures do not match. Budgets provide the basis for performance evaluation.

38p huynhcongdanh 12-06-2012 104 38   Download

Current Assets: assets that are relatively liquid, and are expected to be converted to cash within a year. Cash, marketable securities, accounts receivable, inventories, prepaid expenses. Current Assets: assets that are relatively liquid, and are expected to be converted to cash within a year. Cash, marketable securities, accounts receivable, inventories, prepaid expenses. Fixed Assets: machinery and equipment, buildings, and land.

50p huynhcongdanh 12-06-2012 127 40   Download