The business cycle in investing
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Continued part 1, part 2 of ebook "The new science of asset allocation: Risk management in a multi-asset world" provides readers with contents including: return and risk differences among similar asset class benchmarks; risk budgeting and asset allocation; myths of asset allocation; the importance of discretion in asset allocation decisions; asset allocation - where is it headed; risk and return of asset classes and risk factors through business cycles;...
129p thamnhuocgiai 24-09-2023 4 1 Download
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Lecture Macroeconomics in context: A European perspective - Chapter 9: Aggregate demand and economic fluctuations. In this chapter you will learn: Describe how unemployment and inflation behave over the business cycle; model consumption and investment, the components of aggregate demand; describe the problem that “leakages” present for maintaining aggregate demand, and the classical and Keynesian approaches to leakages;…
72p runordie1 10-05-2022 8 1 Download
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– This paper uses the dynamic stochastic general equilibrium model and calibrates a version of the Carlstrom and Fuerst’s (1997) agency cost model of business cycles with timevarying uncertainty in the technology shocks that affect capital production. To highlight the differences between the US and European financial sectors, the paper focuses on two key components of the lending channel: the risk premium associated with bank loans and the bankruptcy rates.
22p nguathienthan5 03-06-2020 17 1 Download
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(BQ) Continued part 1, part 2 of Microeconomics (Sixth edition) has contents: A real intertemporal model with investment; money, banking, prices, and monetary policy; business cycle models with flexible prices and wages; international trade in goods and assets,... and other contents. Invite you to refer.
361p thuongdanguyetan04 25-07-2019 19 1 Download
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(bq) part 2 book "macroeconomics" has contents: business cycles, monetary policy in the short run, fiscal policy in the short run, aggregate demand, aggregate supply, and monetary policy, fiscal policy and the government budget in the long run, consumption and investment, the balance of payments, exchange rates, and macroeconomic policy.
362p bautroibinhyen27 11-05-2017 45 4 Download
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(bq) part 1 book "macroeconomics policy and practice" has contents: the policy and practice of macroeconomics; measuring macroeconomic data, aggregate production and productivity, saving and investment in closed and open economies, money and inflation, the sources of growth and the solow model,...and other contents.
326p bautroibinhyen23 02-04-2017 36 3 Download
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Chapter 10 - Arbitrage pricing theory and multifactor models of risk and return. We begin by showing how the decomposition of risk into market versus firm-specific influences that we introduced in earlier cha pters can be extended to deal with the multifaceted nature of systematic risk. Multifactor models of security returns can be used to measure and manage exposure to each of many economy-wide factors such as business-cycle risk, interest or inflation rate risk, energy price risk, and so on.
18p tangtuy18 12-07-2016 67 4 Download
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Chapter 1 - Demand and supply analysis: Introduction. The focus of the reading is on demand and supply analysis (microeconomics): How are prices and quantities of transactions determined? The theory of the consumer deals with how consumers make choices, and the theory of the firm is how profit-maximizing firms make choices.
26p allbymyself_10 03-03-2016 51 2 Download
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Chapter 3 - Demand and supply analysis: The firm. This chapter focuses on decision making by the suppliers/producers of goods and services, whereas Chapter 2 examined the role of individuals in shaping the demand for goods and services.
22p allbymyself_10 03-03-2016 51 2 Download
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Models begin with many simplifications (e.g., assumptions), but then we evaluate the model by comparing the implications of the model with what we observe in the real world. After studying this chapter you will be able to understand: Why show this? Because some who read about consumer theory may be concerned about the unrealistic nature of the models and thus may get too involved in how unrealistic the model is. The focus should be on understanding consumer choice theory and then examining what happens if more realism is introduced.
16p allbymyself_10 03-03-2016 31 1 Download
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Chapter 8 - International trade and capital flows. This chapter compare gross domestic product and gross national product, describe the benefits and costs of international trade, distinguish between comparative advantage and absolute advantage, explain the Ricardian and Heckscher–Olin models of trade and the source(s) of comparative advantage in each model,...
25p allbymyself_10 03-03-2016 63 3 Download
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Chapter 5 - Aggregate output, prices, and economic growth. This chapter calculate and explain gross domestic product (GDP) using expenditure and income approaches, compare the sum-of-value-added and value-of-final-output methods of calculating GDP, compare nominal and real GDP, and calculate and interpret the GDP deflator,....
33p allbymyself_10 03-03-2016 57 2 Download
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Chapter 6 - Understanding business cycles. This chapter describe the business cycle and its phases; describe the typical patterns of resource use fluctuation, housing sector activity, and external trade sector activity, as an economy moves through the business cycle; describe theories of the business cycle;...
22p allbymyself_10 03-03-2016 53 2 Download
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Chapter 7 - Monetary and fiscal policy. This chapter compare monetary and fiscal policy, compare monetary and fiscal policy, explain the money creation process, describe functions and definitions of money, describe theories of the demand for and supply of money, describe the roles and objectives of central banks,...
27p allbymyself_10 03-03-2016 41 2 Download
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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;...
25p allbymyself_10 03-03-2016 52 2 Download
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The market structure and the degree of competitiveness in the industry affect a firm’s pricing and output strategy and, eventually, its long-run profitability. Chapter 4 introduce the firm and market structures. Inviting you refer.
16p allbymyself_10 03-03-2016 50 1 Download
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Chapter 11 - Economic growth and the investment decision. This chapter describe and compare factors favoring and limiting economic growth in developed and developing economies, describe the relationship between the long-run rate of stock market appreciation and the sustainable growth rate of the economy, explain the importance of potential gross domestic product (GDP) and its growth rate in the investment decisions of equity and fixed-income investors,...
26p allbymyself_10 03-03-2016 70 2 Download
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Chapter 12 - Economics of regulation. This chapter sescribe classifications of regulations and regulators, describe uses of self-regulation in financial markets, describe the economic rationale for regulatory intervention, describe regulatory interdependencies and their effects, describe tools of regulatory intervention in markets,...
19p allbymyself_10 03-03-2016 39 1 Download
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A second source for private sector expenditure on R&D is the “EU Industrial R&D Investment Scoreboard”, which has been conducted by the Institute for Prospective Technological Studies (IPTS) that is part of the Joint Research Centre of the European Commission. The annual Scoreboard presents information on the world’s top 1400 companies ranked by their investments in R&D. It contains data drawn from companies’ accounts, most recently for the fiscal year 2009. 16 R&D indicators, such as R&D intensity, vary in line with the business cycle.
21p loixinloi 08-05-2013 60 7 Download
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Transportation demand refers to the amount and type of travel people choose given specific prices and service options. Current trends are changing travel demands in ways that increase the value of alternative modes (walking, cycling, ridesharing, public transit, and telecommunications) and more accessible, multi-modal communities.
32p trinhcaidat 22-04-2013 38 2 Download