wyszukanych pozycji: 99
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Banking Basics (Color)
ISBN: 9781511614757 / Angielski / Miękka / 2015 / 44 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Some young savers stash their cash in shoe boxes or jelly jars. Others use "piggy banks," which today look more like spaceships or cartoon characters. In any case, the same problem arises. Sooner or later, the piggy bank or jelly jar fills up, and you have to make a decision: Should I spend the money or continue to save? And if I continue to save, should I open a bank account or just find a bigger jar? Maybe you've had to face such a decision yourself. If you decide to keep your money at home, it will just sit there and won't earn any extra money for you. You also run the risk that a burglar,...
Some young savers stash their cash in shoe boxes or jelly jars. Others use "piggy banks," which today look more like spaceships or cartoon characters....
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cena:
80,50 |
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Capital Planning at Large Bank Holding Companies: Supervisory Expectations and Range of Current Practice
ISBN: 9781505421095 / Angielski / Miękka / 2014 / 44 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. The Federal Reserve has previously noted the importance of capital planning at large, complex bank holding companies (BHCs). Capital is central to a BHC's ability to absorb unexpected losses and continue to lend to creditworthy businesses and consumers. It serves as the first line of defense against losses, protecting the deposit insurance fund and taxpayers. As such, a large BHC's processes for managing and allocating its capital resources are critical not only to its individual health and performance, but also to the stability and effective functioning of the U.S. financial system. The...
The Federal Reserve has previously noted the importance of capital planning at large, complex bank holding companies (BHCs). Capital is central to a B...
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cena:
60,32 |
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Banking Basics
ISBN: 9781511614696 / Angielski / Miękka / 2015 / 44 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Some young savers stash their cash in shoe boxes or jelly jars. Others use "piggy banks," which today look more like spaceships or cartoon characters. In any case, the same problem arises. Sooner or later, the piggy bank or jelly jar fills up, and you have to make a decision: Should I spend the money or continue to save? And if I continue to save, should I open a bank account or just find a bigger jar? Maybe you've had to face such a decision yourself. If you decide to keep your money at home, it will just sit there and won't earn any extra money for you. You also run the risk that a burglar,...
Some young savers stash their cash in shoe boxes or jelly jars. Others use "piggy banks," which today look more like spaceships or cartoon characters....
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cena:
60,32 |
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Current Economic Conditions: March 5, 2014
ISBN: 9781503222960 / Angielski / Miękka / 2014 / 46 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Reports from most of the twelve Federal Reserve Districts indicated that economic conditions continued to expand from January to early February. Eight Districts reported improved levels of activity, but in most cases the increases were characterized as modest to moderate. New York and Philadelphia experienced a slight decline in activity, which was mostly attributed to the unusually severe weather experienced in those regions. Growth slowed in Chicago, and Kansas City reported that conditions remained stable during the reporting period. The outlook among most Districts remained optimistic....
Reports from most of the twelve Federal Reserve Districts indicated that economic conditions continued to expand from January to early February. Eight...
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cena:
52,26 |
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Going Public Abroad
ISBN: 9781503231221 / Angielski / Miękka / 2014 / 48 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. This study examines the decision to go public abroad using a sample of 17,808 IPOs. Although only 6% of initial public offerings are offered abroad, these represent approximately 25% of total IPO proceeds. We find that alleviating informational frictions in order to obtain greater offering proceeds is an important determinant of the decision to go public abroad. Foreign and global IPOs originate from countries with significantly fewer recent IPOs in the same industry, less developed capital markets, and lower disclosure standards. Contrary to assumptions in prior research, we also show that...
This study examines the decision to go public abroad using a sample of 17,808 IPOs. Although only 6% of initial public offerings are offered abroad, t...
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cena:
60,32 |
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Taxpayer Confusion over Predictable Tax Liability Changes: Evidence from the Child Tax Credit
ISBN: 9781503283480 / Angielski / Miękka / 2014 / 42 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. We develop a model of how taxpayers update beliefs over their tax rates when they encounter a non-salient tax liability change. We test the model's hypotheses using the loss of the Child Tax Credit when a child turns 17. Because this tax liability change is lump-sum and predictable, there should be no reaction in labor income if taxpayers are fully informed. Using this age discontinuity, we find, however, that losing the credit reduces household labor income. This finding suggests that taxpayers misperceive the source of tax liability changes, leading to under- or over-reactions to changes in...
We develop a model of how taxpayers update beliefs over their tax rates when they encounter a non-salient tax liability change. We test the model's hy...
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cena:
52,26 |
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Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes
ISBN: 9781503222953 / Angielski / Miękka / 2014 / 28 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether you ask homeowners how much their houses are worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Individual homeowner 'errors' are estimated to explain about one-third of the different in aggregate changes in the...
The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the ...
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cena:
52,26 |
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Crowding Out Effects of Refinancing on New Purchase Mortgages
ISBN: 9781511660464 / Angielski / Miękka / 2015 / 40 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. We present evidence that binding mortgage processing capacity constraints reduce mortgage originations to borrowers with low to modest credit scores. Mortgage processing capacity constraints typically bind when the demand for mortgage refinancing shifts outward, usually because of lower mortgage rates.
We present evidence that binding mortgage processing capacity constraints reduce mortgage originations to borrowers with low to modest credit scores. ...
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cena:
52,26 |
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Financing Constraints and Unemployment: Evidence from the Great Recession
ISBN: 9781506127743 / Angielski / Miękka / 2015 / 54 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Exploiting the differential financing needs across industrial sectors, this paper shows that financing constraints of small businesses in the United States are one of the drivers explaining the unemployment dynamics during the Great Recession. We show that workers in small firms are more likely to become unemployed during the 2007-09 financial crisis if they work in industries with high external financing needs. We find very similar results for the 1990-91 recession, but not for the 2001 recession, where only the former was associated with a reduction in loan supply. These findings further...
Exploiting the differential financing needs across industrial sectors, this paper shows that financing constraints of small businesses in the United S...
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cena:
52,26 |
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Payday Loans and Consumer Financial Health
ISBN: 9781503283510 / Angielski / Miękka / 2014 / 34 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. For a two-week $300 payday advance loan, payday lenders typically charge in excess of $45, a cost so high that many believe the loan could not possibly be in the best interest of the borrower. Nevertheless, some estimates indicate that payday loan volume grew more than fivefold to almost $50 billion from the late 1990s to the mid 2000s (Stegman 2007). With the recent rise of the payday lending industry, questions abound about the characteristics and circumstances of payday loan borrowers, and the ultimate impact of such loans on their welfare. Interest in payday lending has grown among...
For a two-week $300 payday advance loan, payday lenders typically charge in excess of $45, a cost so high that many believe the loan could not possibl...
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cena:
52,26 |
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Declining Labor Force Attachment and Downward Trends in Unemployment and Participation
ISBN: 9781503223684 / Angielski / Miękka / 2014 / 26 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. The US labor market witnessed two apparently unrelated secular movements in the last 30 years: a decline in unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro data and a stock flow accounting framework, we show that a substantial, and hitherto unnoticed, factor behind both trends is a decline in the share of nonparticipants who are at the margin of participation. A lower share of marginal nonparticipants implies a lower unemployment rate, because marginal nonparticipants enter the labor force mostly through...
The US labor market witnessed two apparently unrelated secular movements in the last 30 years: a decline in unemployment between the early 1980s and t...
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cena:
52,26 |
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A Model of Endogenous Loan Quality and the Collapse of the Shadow Banking System
ISBN: 9781511660501 / Angielski / Miękka / 2015 / 52 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. This Study shows how credit inter mediation helps reduce the impact of a crisis and the likelihood of a run
This Study shows how credit inter mediation helps reduce the impact of a crisis and the likelihood of a run
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cena:
52,26 |
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Current Economic Conditions
ISBN: 9781508751274 / Angielski / Miękka / 2015 / 48 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early January through mid-February. Six Districts noted that the local economy expanded at a moderate pace since the prior reporting period. Activity rose modestly in Philadelphia and Cleveland, while it increased slightly in Kansas City. Dallas noted a similar pace of growth as in the previous period, while Richmond reported that activity slowed from the modest pace seen in the prior period. Boston noted that business contacts were fairly upbeat this...
Reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand across most regions and sectors from early Janua...
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cena:
52,26 |
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The Real Effects of Credit Line Drawdowns
ISBN: 9781511467223 / Angielski / Miękka / 2015 / 54 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. |
cena:
52,26 |
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Who Works for Startups? The Relation between Firm Age, Employee Age, and Growth
ISBN: 9781503287112 / Angielski / Miękka / 2014 / 60 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. Young firms disproportionately employ young workers, controlling for firm size, industry, geography and time. The same positive correlation between young firms and young employees holds when we look just at new hires. On average, young employees in young firms earn higher wages than young employees in older firms. Further, young employees disproportionately join young firms with greater innovation potential and that exhibit higher growth, conditional on survival. These facts are consistent with the argument that the skills, risk tolerance, and career dynamics of young workers are contributing...
Young firms disproportionately employ young workers, controlling for firm size, industry, geography and time. The same positive correlation between yo...
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cena:
52,26 |
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Broadband in the Labor Market: The Impact of Residential High Speed Internet on Married Women's Labor Force Participation
ISBN: 9781503223745 / Angielski / Miękka / 2014 / 68 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. This study investigates how high-speed home Internet has impacted married women's labor force participation. I estimate the net effect of individual Internet usage on labor supply using an instrumental variables strategy which exploits cross-state variation in supply-side constraints to residential broadband Internet access. Results indicate that married women who use the Internet are more likely to participate in the labor force. The average effects mask substantial heterogeneity and increases in participation are concentrated on women with higher levels of education and children. The...
This study investigates how high-speed home Internet has impacted married women's labor force participation. I estimate the net effect of individual I...
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cena:
52,26 |
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Taxpayer Confusion over Predictable Tax Liability Changes: Evidence from the Child Tax Credit
ISBN: 9781499136760 / Angielski / Miękka / 2014 / 42 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. This paper offers two contributions to the literature on taxpayer perceptions of the tax system. Our first contribution is that we develop a model that generates predictions over how taxpayers update their beliefs about their marginal tax rates when they experience an unexpected change in their tax liability. Our model is an extension of a standard full information, rational agent model that allows for imperfect knowledge of the income tax schedule. In the model, a household is subject to a linear tax schedule that changes from year to year. The household perceives innovations to the tax...
This paper offers two contributions to the literature on taxpayer perceptions of the tax system. Our first contribution is that we develop a model tha...
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cena:
40,15 |
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Trend Inflation in Advanced Economies
ISBN: 9781503287143 / Angielski / Miękka / 2014 / 48 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estimated specification allows for timevariation in the degree to which longer-term inflation expectations are well anchored in each economy. Our results bring out the effect of changes in monetary regime (such as the adoption of inflation targeting in several countries) on the behavior of trend inflation. Our estimates expand on the previous literature in several dimensions: For each country, we employ a multivariate approach that pools different...
We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estim...
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cena:
52,26 |
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Learning from the Test: Raising Selective College Enrollment by Providing Information
ISBN: 9781503231207 / Angielski / Miękka / 2014 / 62 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. In the last decade, five U.S. states adopted mandates requiring high school juniors to take a college entrance exam. In the two earliest-adopting states, nearly half of all students were induced into testing, and 40-45% of them earned scores high enough to qualify for selective schools. Selective college enrollment rose by 20% following implementation of the mandates, with no effect on overall attendance. I conclude that a large number of high-ability students appear to dramatically underestimate their candidacy for selective colleges. Policies aimed at reducing this information shortage are...
In the last decade, five U.S. states adopted mandates requiring high school juniors to take a college entrance exam. In the two earliest-adopting stat...
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cena:
60,32 |
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Institutions and return predictability in oil-exporting countries
ISBN: 9781511660426 / Angielski / Miękka / 2015 / 32 str. Termin realizacji zamówienia: ok. 16-18 dni roboczych. We study whether stock market returns in oil-exporting countries can be predicted by oil price changes, and we investigate the link between predictability and the quality of each country's institutions. Returns are predictable for half the countries we consider, and predictability is stronger when institutional quality is lower. We argue that the relation between predictability and institutional quality re ects the preference of countries with weaker institutions to consume oil windfalls locally rather than smooth out the impact of windfalls by, for instance, investing the proceeds through a...
We study whether stock market returns in oil-exporting countries can be predicted by oil price changes, and we investigate the link between predictabi...
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cena:
52,26 |