TAX AND LIQUIDITY EFFECTS IN PRICING GOVERNMENT BONDS doc

... simultaneously considering liquidity and liquidity premia for all outstanding bonds, and allows us to separately identify the effects of deliverability, on-the-run status and other liquidity determinants. Such ... conceptually distinct, the benchmark and on-the-run liquidity effects are mutually reinforcing because increased liquidity arising from scale is beneficial to all tr...

Ngày tải lên: 16/02/2014, 02:20

... developments in sovereign markets since November 2009 providing a relatively smaller repricing in the index. Before the crisis, CDS for both types of entities were trading in the range of single-digit ... risk-free rate and the impact of the mismatch in exchange rates between CDS in USD and euro-denominated bonds. Comparing corporates to sovereigns indicates that the relati...

Ngày tải lên: 16/02/2014, 02:20

... water in d etermining structure and regulating function of proteins is becoming increasingly evident, as water molecules act as allosteric effectors by preferentially binding to a specific protein conformation ... conformational transitions, and secondarily on phosphate binding. Although having very different oxygen-binding proper- ties, both Hbs respond to an increase in water activit...

Ngày tải lên: 23/03/2014, 13:20

... Centres in Hanoi and Ho Chi Minh City in 2000 and International Primary Schools in Hanoi and Ho Chi Minh City in 2004. Moreover it worked closely with Education Departments in Australia, Singapore ... Singapore and Vietnam to help meet international standards. Nowaday, the International Arm of KinderWorld operates in Vietnam: 8 Chapter 2 Learning and teaching practi...

Ngày tải lên: 27/10/2012, 16:45

... mortality in England and Wales between 1981 and 2000. Circulation 2004, 109(9):1101– 1107. 28. Laatikainen T, Critchley J, Vartiainen E, Salomaa V, Ketonen M, Capewell S: Explaining the decline in ... starts with the minimum number of joinpoints (no joinpoints corresponds to a straight line), and tests whether one or more joinpoints significantly improve model fit. The minimum...

Ngày tải lên: 15/02/2014, 04:20

... residing in province j and born in year t; j  are province fixed effects, t  are birth-cohort fixed effects (month-year of birth), jt  are province-specific trends in cohort health (province ... cocoa-growing regions of western Côte d'Ivoire had long-standing tensions between indigenous ethnic groups and non-Ivorians (mostly of Burkinabe and Malian origin) over pr...

Ngày tải lên: 18/02/2014, 15:20

... clitic and such combination should be accounted for in the morphological mod- ule. An account in terms of template morphology as in [Simpson and Withgott, 1986] could handle the rigid ordering ... complement and triggering the cliticized verb form. If clitic climbing occurs as in (4a), there is ar- gument raising and the right hand side (output) of the lexical rule will...

Ngày tải lên: 22/02/2014, 10:20

... Spokane, Washington Grace Naing, M.D. Consulting Physician in Integrative Medicine and Acupuncture, Berkshire Fam- ily Medicine, Wyomissing, Pennsylvania; and in Addiction Medicine, Caron, Wernersville, ... treatments used in mental health care, in the context of accumulating evidence supporting claims of efficacy and safety of certain nonconventional treatments, and unre- sol...

Ngày tải lên: 06/03/2014, 02:20

... “redlining” by banks—the practice of denying credit to in- dividuals and businesses in certain neighborhoods without regard to their creditwor- thiness. The CRA requires banks and savings and ... explosion in risky subprime lending and securitization, an unsustainable rise in housing prices, widespread re- ports of egregious and predatory lending practices, dramatic increase...

Ngày tải lên: 06/03/2014, 09:22

... administration law relating to foreigners and criminal law and placed this intersection in its political and social context. Johanne Vernier* FRENCH CRIMINAL AND ADMINISTRATIVE LAW CONCERNING ... contrainte) and support pimping (proxénétisme de soutien) are punished. Constraint pimping consists in: hiring, leading a person into or corrupting a person in view of prostitution...

Ngày tải lên: 07/03/2014, 03:20