wyszukanych pozycji: 22
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Joint Implementation Plan 301-326 of the Dodd-Frank Wall Street Reform and Consumer Protection Act: January 2011(Revised April 2011)
ISBN: 9781505264401 / Angielski / Miękka / 2015 / 32 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) This joint implementation plan has been prepared pursuant to section 327(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 (Dodd-Frank), and is submitted to the Committee on Banking, Housing, and Urban Affairs of the Senate, the Committee on Financial Services of the House of Representatives, and the Inspectors General of the Department of the Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Board of Governors of the Federal Reserve Board (FRB). The FDIC, the FRB, the Office of the Comptroller of the Currency (OCC), and the Office of...
This joint implementation plan has been prepared pursuant to section 327(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public L...
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cena:
63,82 |
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Normalizing Monetary Policy: Prospects and Perspectives
ISBN: 9781511645362 / Angielski / Miękka / 2015 / 24 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) Although the recovery of the labor market from the deep recession following the financial crisis was frustratingly slow for quite a long time, progress has been more rapid of late. The unemployment rate has fallen markedly over the past few years and now stands at 5.5 percent, down from 10 percent at its peak. Payroll gains have averaged 275,000 per month over the past year, well above the pace needed to sustain further declines in the unemployment rate. Of course, we still have some way to go to reach our maximum employment goal. The unemployment rate has not yet declined to the 5.0 to 5.2...
Although the recovery of the labor market from the deep recession following the financial crisis was frustratingly slow for quite a long time, progres...
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cena:
51,68 |
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National Summery of the July 2013 Senior Loan Officer Opinion Survey in Bank Lending Practices
ISBN: 9781500580452 / Angielski / Miękka / 2014 / 88 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) The July 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. The survey also contained special questions about changes in banks' lending standards on, and demand for, the three main types of commercial real estate (CRE) loans over the past year, and on the current levels of banks' lending standards for many types of business and household loans relative to longer-term norms. In the July survey, domestic banks, on balance, reported having eased...
The July 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans...
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cena:
59,66 |
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2014 Bank Lending Practices
ISBN: 9781503098046 / Angielski / Miękka / 2014 / 78 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) The October 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. This summary discusses the responses from 76 domestic banks and 22 U.S. branches and agencies of foreign banks. Regarding loans to businesses, the October survey results indicated that only a modest net fraction of banks eased their standards for commercial and industrial (C&I) loans to firms of all sizes, but generally larger net fractions of banks eased each of the pricing terms...
The October 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank lo...
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cena:
51,68 |
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Money, Reserves, and the Transmission of Monetary Policy: Does the Money Multiplier Exist?
ISBN: 9781503298033 / Angielski / Miękka / 2014 / 56 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) With the use of nontraditional policy tools, the level of reserve balances has risen significantly in the United States since 2007. Before the financial crisis, reserve balances were roughly $20 billion whereas the level has risen well past $1 trillion. The effect of reserve balances in simple macroeconomic models often comes through the money multiplier, affecting the money supply and the amount of bank lending in the economy. Most models currently used for macroeconomic policy analysis, however, either exclude money or model money demand as entirely endogenous, thus precluding any causal...
With the use of nontraditional policy tools, the level of reserve balances has risen significantly in the United States since 2007. Before the financi...
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cena:
59,66 |
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Understanding the Great Recession
ISBN: 9781508806387 / Angielski / Miękka / 2015 / 46 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to Onancial frictions interacting with the zero lower bound. We reach this conclusion looking through the lens of a New Keynesian model in which Orms face moderate degrees of price rigidities and no nominal rigidities in the wage setting process. Our model does a good job of accounting for the joint behavior of labor and goods markets, as well as inaation, during the Great Recession. According to the model the observed fall in total factor productivity and the rise in the cost of...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to Onancial frictions interacting wit...
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cena:
51,68 |
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International Appetites for Foreign Equities
ISBN: 9781503016583 / Angielski / Miękka / 2014 / 44 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) Using data from the IMF Coordinated Portfolio Investment Surveys conducted in 2001, we analyze the determinants of 31 countries' international equity holdings. We show that investors in all countries underweight U.S. equities in their portfolios, many by more than they underweight foreign equities in general. Such behavior is surprising given the common perception of the United States as a desirable investment destination due to its well-developed legal and regulatory environment. Instead we find that investors in some countries are overweight in equities from other countries with which they...
Using data from the IMF Coordinated Portfolio Investment Surveys conducted in 2001, we analyze the determinants of 31 countries' international equity ...
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cena:
59,66 |
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The Fragility of Sensitivity Analysis: An Encompassing Perspective
ISBN: 9781503287167 / Angielski / Miękka / 2014 / 24 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) Robustness and fragility in Leamer's sense are defined with respect to a particular coefficient over a class of models. This paper shows that inclusion of the data generation process in that class of models is neither necessary nor sufficient for robustness. This result holds even if the properly specified model has well-determined, statistically significant coefficients. The encompassing principle explains how this result can occur. Encompassing also provides a link to a more common-sense notion of robustness, which is still a desirable property empirically; and encompassing clarifies recent...
Robustness and fragility in Leamer's sense are defined with respect to a particular coefficient over a class of models. This paper shows that inclusio...
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cena:
51,68 |
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Understanding the Effects of Government Spending on Consumption
ISBN: 9781505237207 / Angielski / Miękka / 2014 / 44 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) |
cena:
59,66 |
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Dodd-Frank Act Stress Test 2015: Supervisory Stress Test Methodology and Results
ISBN: 9781508768203 / Angielski / Miękka / 2015 / 150 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requires the Fed-eral Reserve to conduct an annual stress test of BHCs with $50 billion or more in total consolidated assets and all nonbank financial companies designated by the Financial Stability Oversight Council (FSOC) for Federal Reserve supervision. The Board adopted rules implementing this requirement in October 2012. For this year's stress test cycle (DFAST 2015), the Federal Reserve conducted supervisory stress tests of 31 BHCs. This report provides background on Dodd-Frank Act stress testing; details of...
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) requires the Fed-eral Reserve to conduct an annual stress test of BHCs ...
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cena:
59,66 |
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Monetary Policy Lessons and the Way Ahead
ISBN: 9781511645379 / Angielski / Miękka / 2015 / 24 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) The approach of liftoff reflects the significant progress we have made toward our objectives of maximum employment and price stability. The extraordinary monetary policy accommodation that the Federal Reserve has undertaken in response to the crisis has contributed importantly to the economic recovery, though the recovery has taken longer than we expected. The unemployment rate, at 5.5 percent in February, is nearing estimates of its natural rate, and we expect that inflation will gradually rise toward the Fed's target of 2 percent. Beginning the normalization of policy will be a significant...
The approach of liftoff reflects the significant progress we have made toward our objectives of maximum employment and price stability. The extraordin...
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cena:
51,68 |
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Historical Monetary Policy Analysis and the Taylor Rule
ISBN: 9781502926777 / Angielski / Miękka / 2014 / 50 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) This study examines the usefulness of the Taylor-rule framework as an organizing device for describing the policy debate and evolution of monetary policy in the United States. Monetary policy during the 1920s and since the 1951 Treasury-Federal Reserve Accord can be broadly interpreted in terms of this framework with rather surprising consistency. In broad terms, during these periods policy has been generally formulated in a forward- looking manner with price stability and economic stability serving as implicit or explicit guides. As early as the 1920s, measures of real economic activity...
This study examines the usefulness of the Taylor-rule framework as an organizing device for describing the policy debate and evolution of monetary pol...
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cena:
51,68 |
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The Systemic Risk of European Banks During the Financial and Sovereign Debt Crises
ISBN: 9781503205475 / Angielski / Miękka / 2014 / 42 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) We propose a hypothetical distress insurance premium (DIP) as a measure of the European banking systemic risk, which integrates the characteristics of bank size, default probability, and interconnectedness. Based on this measure, the systemic risk of European banks reached its height in late 2011 around e 500 billion. We find that the sovereign default spread is the factor driving this heightened risk in the banking sector during the European debt crisis. The methodology can also be used to identify the individual contributions of over 50 major European banks to the systemic risk measure....
We propose a hypothetical distress insurance premium (DIP) as a measure of the European banking systemic risk, which integrates the characteristics of...
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cena:
51,68 |
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The Evolution and Determinants of Emerging Market Credit Spreads in the 1990s
ISBN: 9781503305120 / Angielski / Miękka / 2014 / 46 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) This study develops measures of emerging market credit spreads for the 1990s, based on data on new bond issues and bank loans, that cover a broader range of borrowers than the Brady bond spreads most commonly used to date. These measures are used to identify the impacts of credit ratings, maturity and currency denomination on spreads. We find important regional differences in spreads across the developing world, even after controlling for risk and maturity. We also identify the evolution of spreads during the 1990s up until the advent of the Asian financial crisis, holding other determinants...
This study develops measures of emerging market credit spreads for the 1990s, based on data on new bond issues and bank loans, that cover a broader ra...
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cena:
51,68 |
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Monetary Policy Report, February 24, 2015
ISBN: 9781508679066 / Angielski / Miękka / 2015 / 60 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) second half of last year and into early 2015, and labor market conditions moved closer to those the Federal Open Market Committee (FOMC) judges consistent with its maximum employment mandate. Since the middle of last year, monthly payrolls have expanded by about 280,000, on average, and the unemployment rate has declined nearly 1/2 percentage point on net. Nevertheless, a range of labor market indicators suggest that there is still room for improvement. In particular, at 5.7 percent, the unemployment rate is still above most FOMC participants' estimates of its longer-run normal level, the...
second half of last year and into early 2015, and labor market conditions moved closer to those the Federal Open Market Committee (FOMC) judges consis...
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cena:
67,65 |
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Consumers and Mobile Financial Services 2016
ISBN: 9781535337687 / Angielski / Miękka / 2016 / 82 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of change in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers' use of mobile financial services in 2011. The series examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the evolution of mobile financial services affects consumers' interaction with financial institutions. This report presents findings from the latest survey, fielded in November 2015, which focused on...
Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of change in the ...
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cena:
51,68 |
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Report on the Economic Well-Being of U.S. Households in 2014
ISBN: 9781535340465 / Angielski / Miękka / 2016 / 102 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) As the economy of the United States continues to rebound from the Great Recession, the well-being of households and consumers provides important information about the scope and pace of the economic recovery. In order to monitor the financial and economic status of American consumers, the Federal Reserve Board began conducting the Survey of Household Economics and Decisionmaking in 2013 and conducted the survey for a second time in October 2014. The findings from the October 2014 survey are covered in this report. Topics examined in the survey include the financial health of individuals on a...
As the economy of the United States continues to rebound from the Great Recession, the well-being of households and consumers provides important infor...
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cena:
51,68 |
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Bank Lending Practices, April 2015
ISBN: 9781523389605 / Angielski / Miękka / 2016 / 98 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) The April 2015 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. This book discusses the responses from 76 domestic banks and 23 U.S. branches and agencies of foreign banks. Regarding loans to businesses, the April survey results indicated that, on balance, banks reported little change in their standards on commercial and industrial (C&I) loans in the first quarter of 2015. On net, banks reported having eased some price terms. With respect to...
The April 2015 Senior Loan Officer Opinion Survey on Bank Lending Practices addressed changes in the standards and terms on, and demand for, bank loan...
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cena:
51,68 |
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Consumer and Mobile Financial Services 2015
ISBN: 9781522868194 / Angielski / Miękka / 2015 / 70 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) |
cena:
51,68 |
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Dividend Taxes and Stock Volatility
ISBN: 9781523423903 / Angielski / Miękka / 2016 / 40 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych (Dostawa w 2026 r.) Often when we discuss the effects of taxes, we focus on the effects on the mean of firm value and de-emphasize the effects on the variance of the distribution. The existing literature on dividend taxation has analyzed the effect on firm stock price (Auerbach and Hassett (2005) and Amromin, Harrison and Sharpe (2008)). However, there are two important moments for the stock: the level of the stock price and the volatility of the stock. In a world where executives are more risk averse than most shareholders (since they are unable to diversify away firm-speciffc risk), we want to focus on both...
Often when we discuss the effects of taxes, we focus on the effects on the mean of firm value and de-emphasize the effects on the variance of the dist...
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cena:
51,68 |