Investor sentiment and the fragility of liquidity

... measure of the return to providing liquidity, I examine whether the return to providing liquidity depends on the state of investor sentiment and whether it is more costly to provide liquidity ... confirms the feedback effect between mutual fund outflows and illiquidity ௜ Denoting the coefficient ߚଷଶ from the VAR model as fragility of liquidity, I take the a...

Ngày tải lên: 09/09/2015, 17:54

... invest in self-directed IRAs and steering them to custodians who offered the self-directed IRAs $20 million of the funds invested in the fraudulent scheme came from self-directed IRAs www .investor. gov ... degree of risk, and the level of risk typically correlates with the return an investor can expect to receive Low risk generally means low yields, an...

Ngày tải lên: 07/03/2014, 16:20

... different securities and asset classes See, e.g., http :// blogs.wsj.com/economics/200 8/0 9/2 3/bernanke-testimony-on-financial-markets-andgovernmentbailout/ ECB Working Paper Series No 1376 September 2011 ... ECB Working Paper Series No 1376 September 2011 ECB Working Paper Series No 1376 September 2011 41 N uncensored Cooperative central bank L...

Ngày tải lên: 15/03/2014, 10:20

... Investor Reaction to the Prospect of Mandatory Audit Firm Rotation SUMMARY: The PCAOB is currently considering the implementation of mandatory audit firm rotation in hopes of better ... Board as they reveal the possible triggers of investors’ reactions to the prospect of mandatory audit firm rotation Overall, we find evidence of a sign...

Ngày tải lên: 06/01/2015, 19:41

... illustrates the main structural, theoretical and incentive-related policy implications of circuit theory of finance Section I.2 discusses the special role of the financial system as the core of the circuit ... profitability is declining The internalization of information within the same institution may thus enhance intra -circuit and inter -circuit st...

Ngày tải lên: 24/10/2012, 09:33

... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... the large 16 To identify the monetary policy shock it is sufficient to determine the position of the monetary policy instrument; the ordering of t...

Ngày tải lên: 24/10/2012, 09:40

... about the facts of Vietnam freight forwarding industry and the Association s importance to the industry, especially in today’s economic integration process Therefore, I chose the topic Facts of Vietnam ... Association (VIFFAS) and then emphasize on the role of the Association (VIFFAS) to Vietnam freight forwarding industry...

Ngày tải lên: 27/10/2012, 16:42

... consumption and risk of diabetes or of interactions between poultry consumption and BMI and the risk of type DM Red meat consumption was associated with a modest increase in the risk of type DM in the ... and type DM may also reflect other unidentified factors It may be possible that consumption of red meat and processed meat may not incre...

Ngày tải lên: 31/10/2012, 16:49

... is a glycosylated cell surface transmembrane protein expressed on antigen-presenting cells and constitutively expressed on monocytes Expression of HLA-DR by monocytes is essential for the presentation ... post-translational modification of HLA-DR which may be responsible for a lowered cell surface expression of HLA-DR preventing expression to the cell surface and...

Ngày tải lên: 03/11/2012, 09:57

... aged This is particularly true with regards to T gondii, where the consequences of infection can be very severe, while the risk of living with one’s beloved cat is practically nill References Angulo ... Shin DW, Lee TY, et al Seroprevalence of Toxoplasma gondii infection and risk factors associated with seropositivity of pregnant women in Korea J Parasitol 2008; 94: 963-965 Gran...

Ngày tải lên: 03/11/2012, 11:06

... such as further capacity development and policy and institutional strengthening ⌂ About UN -REDD Vietnam Programme: The question is just focus on the progress of implementing REDD in Vietnam, but ... Meeting, UN -REDD PROGRAMME, 4-5 November 2010, Washington D.C., USA Assessing the Effectiveness of Training and Awareness Raising Activities of the UNREDD...

Ngày tải lên: 23/01/2013, 22:06

... points which are mentioned: (1) The real definition of music cover and NEU’s students knowledge about the definition (2) The influence of music covers on Vietnamese music; (3) The thoughts of ... What’s music cover and how NEU’s students define it? How does music cover influence Vietnamese music? What NEU’s students think about music cover in...

Ngày tải lên: 21/04/2013, 20:53