BIS Working Papers No 333 Banking crises and the international monetary system in the Great Depression and now ppt

... fall in the labour share in national income, a decline in investment income and diminished net income transfers. It is first and foremost the consequence of a declining labour share in the economy, ... renminbi may depress the real purchasing power of Chinese household income, resulting in excess or even forced saving. Another view suggests a minor and uncertain ro...

Ngày tải lên: 15/03/2014, 10:20

... BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published ... published by the Bank. The papers are on subjects of topical interest and are technical in character. The views expressed in them are those of their authors...

Ngày tải lên: 06/03/2014, 10:20

... significant in the second subperiod, and, in addition, increased sharply from 0.37 to 0.60. This is in line with findings in other studies about the global effects of quantitative monetary policy easing ... combines the traditional VAR approach that treats all the variables in the system as endogenous and the panel-data approach that allows for unobserved indi...

Ngày tải lên: 15/03/2014, 07:20

... sign and the effect is amplified during the period of the financial crisis: in normal times, a one percentage point increase in the monetary interest rate causes a 1.6% drop in lending. The ... banks in the sample is largest in the United Kingdom, Belgium and Sweden and smallest in Finland. At the same time, the average size of US banks is not very lar...

Ngày tải lên: 15/03/2014, 10:20

... few,ifany,institutionswithahighratingfailedwithinayea rafter the ratingswerepublished.  Althoughnotalllow‐ratedinstitutionssubsequentlyfailed, the failurerateoflow‐ratedinstitutionswasvery high,validatingourviewthattheyareatriskoffailure,especially in adeeprecessionor depression.   In 1987,WeissResearchpurchased the Holtbankratingsdatabase...

Ngày tải lên: 16/02/2014, 06:20

... desponding friends have imagined; and that, whatever may be the change in the sentiments of the higher classes, and the ignorant apathy of the lowest, the middle ranks, in whom the great mass of infor- mation, ... top from the gentry and nobility not so much by lower incomes as by the necessity of earning their living, and at the bottom from the labouring p...

Ngày tải lên: 21/09/2012, 11:00

... the ICU clinical director, according to an adapted scale [9-11]. Minor errors were classified as those causing no harm or an increase in patient monitoring with no change in vital signs and no ... dur- ing the CPOE prescribing period. The patient outcome scores are given in Tables 2 and 3. Most of the errors were minor in outcome, although two non-inter- cepted error...

Ngày tải lên: 25/10/2012, 10:39

... of the members were born. The find continues because neither family is ready to forgive and forget the past. The people are involved because the families do not keep the find in secrecy of their ... many people in this world know, true love knows no limits, and when two lovers become entirely entrapped with their love, they become oblivions as to what in going on...

Ngày tải lên: 18/04/2013, 12:18

... implementing a quality management system and to continually improve the effectiveness of the quality management system. They also have to define their roles in maintaining and developing quality ... words in English : Sorting, Straightening, Sweeping, Standardizing and Sustaining the discipline. It is a structured program to systematically achieve total organization, cleanl...

Ngày tải lên: 18/04/2013, 17:09

... denotes a body of shared knowledge, that is, what people “must know in order to act as they do, make the things they make, and interpret their experience in the distinctive way they do” (Quinn ... with others. The concept include a group’s way of thinking, feeling, and acting, and fixed patterns for doing certain things. According to Thompson (1990:132), the pattern meaning...

Ngày tải lên: 07/09/2013, 13:00