Innovations in Credit Risk Transfer: Implications for Financial Stability docx

... distinction across jurisdictions is whether the default swap must cover restructuring in order to quality for regulatory capital reduction, as in Europe. 19 Innovations in Credit Risk Transfer: Implications ... issuer for what is retained. An additional incentive for the creation of CDOs is the demand by certain investors for debt instruments of a given credit qualit...

Ngày tải lên: 22/03/2014, 20:20

... 1995 27 The Decline of Traditional Banking: Implications for Financial Stability and Regulatory Policy Franklin R. Edwards and Frederic S. Mishkin 1 he traditional banking business has been to make ... traditional lending activity by expanding into new, riskier areas of lending. For example, U.S. banks have increased their risk taking by placing a greater percentage of their total...

Ngày tải lên: 16/02/2014, 11:20

...  34 WORKING PAPER NO 13 CREDIT RISK TRANSFER AND FINANCIAL SECTOR PERFORMANCE Wolf Wagner & Ian Marsh The Working Paper is intended as a means whereby ... and findings may be communicated to interested readers for their comments. The paper should be considered preliminary in nature and may require substantial revision. Accordingly, a...

Ngày tải lên: 06/03/2014, 08:20

... meeting in June 2009. 18 CGFS – Credit risk transfer statistics Annex 2: Questionnaire for users The financial crisis has revealed gaps in statistics on credit risk transfer (CRT) instruments. ... and credit rating), how would you view the possibility of scaling back the reference entity characteristics in the BIS CDS data in exchange for reducing reporting...

Ngày tải lên: 16/02/2014, 03:20

... ral TATA-less promoter is independent of TATA-binding-protein-associated factors and initiator-binding proteins. Mol. Cell Biol. 17, 2973–2984. 32. Weis, L. & Reinberg, D. (1992) Transcription ... this r egion, 12 putative Sp1 binding sites are present. In addition, the promoter B region contains numerous putative t ranscription factor binding sites including GATA-boxes, Oct-1, e ts-1,...

Ngày tải lên: 08/03/2014, 16:20

... The implications for POS tag- ging are explored in Section 4, followed by a conclusion with future work in Section 5. 2 POS Ambiguity in Chinese 2.1 The Difficulty The major problem in POS tagging, ... Categorial Fluidity in Chinese and its Implications for Part-of-speech Tagging OiYeeKwong  Benjamin K. Tsou Language Information Sciences Research Centre City University ......

Ngày tải lên: 08/03/2014, 21:20

... more successful in mainstreaming reproductive health into national policies. ABOLISHING USER FEES Moving away from user fees is increasingly recognized as an important step in ensuring universal ... Maryland for a path breaking meeting entitled Innovations in Supporting Local Health Systems for Global Women’s Health: A Leader’s Symposium.” This diverse group of participants, rang...

Ngày tải lên: 14/03/2014, 14:20

... as salsolinol [23]. In line with the suggested role of ADHs and ALDHs in protection against toxic insults, mRNAs encoding these enzymes have previously been identified in tissues forming a physiological ... levels in all tissues in both mice and rats. This is in line with the different substrate repertoire known for this enzyme. Rather than being involved in ethanol and retinol...

Ngày tải lên: 16/03/2014, 11:20

... element of uncertainty and indeterminacy (un- certainty relates to the participants’ thinking, indeterminacy to the course of events). One possible objection to abandoning the doctrine of the unity ... decline in credit quality. Since the rating agencies based their valuations on past loss experi- ence, and loss experience improved during rising house prices, the rating agencies became in...

Ngày tải lên: 20/01/2014, 18:20

... variability in other terms. For sterling, dollar and yen, LIBOR was the predominant underlying reference index, while EURIBOR was almost uniformly referenced in euro contracts. In terms of floating ... reported trades for market participants. Investors seeking to evaluate prices will find information on instruments traded at similar points on the yield curve or in similar forwa...

Ngày tải lên: 06/03/2014, 03:20