Bonds or Loans? On the Choice of International Debt Instrument by Emerging Market Borrowers pdf

... the family, connected by common subjection to the highest male ascendant. The aggregation of families forms the gens, or house. The aggregation of houses makes the tribe. The aggregation of ... right in their own eyes; they were born to no tutored habits, no preservative bonds, and therefore they were at the mercy of every impulse and blown by every passion....

Ngày tải lên: 06/03/2014, 13:20

... by the active participation of the workers in the decision-making process, the variety of jobs taken on, the high degree of autonomy in work, and participation in the suggestion system. All of ... wide-ranging one, involving the obtaining of knowledge from the existing organization, the combining of informa- tion, data or previous experience and the genera...

Ngày tải lên: 24/01/2014, 00:20

... even more relevant by the ongoing military transformation and the changing requirements of the armed forces. Military transformation includes the evolution of a more agile, more deployable force ... variations at the occupation level. The authors, therefore, argue that the career content for the force as a whole is most effectively identified as the sum of the...

Ngày tải lên: 17/02/2014, 22:20

... specifies the degree of strictness of the corresponding operator. The higher the p-value attached to an operator, the closer is the interpretation of that operator in accordance with the rules of ... the rules of ordinary Boolean logic. On the other hand, the smaller the p-value, the more relaxed is the interpretation of the or- operator. The...

Ngày tải lên: 22/02/2014, 09:20

... Organization for Economic Cooperation and Development. OEO: Office of Economic Opportunity. OIT: Office of International Trade. OPEC: Organization of Petroleum Exporting Countries. OTC: Organization ... Organization. IMF: International Monetary Fund. ILO: International Labor Organization. IFAD: International Fund for Agricultural Development. IFC: International Finance...

Ngày tải lên: 11/12/2013, 23:48

... at the International Monetary Fund. We are grateful for constructive comments at various stages of this paper to Lorenzo Cappiello, John Cochrane and Robert Engle. The authors alone are responsible ... deposits from the Bank for International Settlements. The stock and bond returns are excess returns over the same country’s one-month interest rates. The data are monthly obs...

Ngày tải lên: 16/02/2014, 02:20

... which conditions borrowers default on these loans is important and has been at the forefront of the current financial crisis. An important question is how should the process of loan making by banks ... private information. Our behavioral score is a comprehensive measure of the transaction account activity of a borrower and comprises, among other factors, the number...

Ngày tải lên: 16/02/2014, 06:20

... up, the deviation from the normal consultation period of eight weeks seems justified by the fact that the concept of Stability Bonds/ Eurobonds has already been widely discussed for a considerable ... would coordinate the issuance and manage the debt. In the Blue-Red bonds type of proposals the issuance of the national part of the debt would remain wi...

Ngày tải lên: 06/03/2014, 08:20

... the effect of sparse data over some maturities and lessening the effect of pricing errors on one or more bonds. The cost of these procedures is that they place constraints on the shape of the yield curve. ... bankruptcy the investor recovers a fraction of the face value of the bond at the horizon or equivalently an amount equal to the fraction of an...

Ngày tải lên: 06/03/2014, 08:20

Ngày tải lên: 07/03/2014, 02:20