World Bank Lending and the Quality of Economic Policy

... reduce the quality of policy beyond some point The paper measures the quality of economic policy using the World Bank s Country Policy and Institutional Assessments of macro, debt, fiscal and structural ... Policy Research Working Paper 6924 Abstract This study investigates the impact of World Bank development policy lending on the quality o...

Ngày tải lên: 21/04/2016, 07:24

... action, and that the response BANK LENDING AND TRANSMISSION OF MONETARY POLICY 61 occurs discretely at the time of the bank examination that results in the enforcement action Furthermore, the imposition ... several testable hypotheses concerning both the responsiveness of loans to changes in monetary policy and BANK LENDING AND TRANSMISSION OF...

Ngày tải lên: 15/03/2014, 10:20

... reduced-form equations of loan-growth of the bank that issue the instrument, the performance of the loan portfolio of that bank and the rating of the instrument issued by that bank: Loan growthi,j,t ... to capture the speed of adjustment of the instrument’s rating to the quality of the loan portfolio of the bank that issue that security The...

Ngày tải lên: 22/03/2014, 20:20

... AAWE Working Paper No Natural endowments, production technologies and the quality of wines in Bordeaux Is it possible to produce wine on paved roads? * Olivier Gergaud OMI, Université de Reims ... reference to the character that they inherit from the place where the wine is produced Consumers who visit producers are particularly sensitive to...

Ngày tải lên: 22/02/2014, 09:20

... territory by nationals of the other States: (a) freely allow regular periodic transfer of a reasonable part of the salaries and wages of foreign personnel; and, on liquidation of the investment or ... For the promotion of international economic cooperation through the medium of private foreign investment, the establishment, operation, management, control, an...

Ngày tải lên: 15/03/2014, 10:20

... are constrained by available time and resources, by the health production function, and the price and quality of all available medical services Therefore, the health behavior demands in period ... Monckeberg 1992) Health care providers that practice high quality prenatal and child healthcare can directly influence the efficacy of the production of...

Ngày tải lên: 23/03/2014, 06:20

... because they are not needed to characterize the transmission of interest rate changes to in ation in Keynesian-style models In these models changes in the nominal interest rate in uence the real interest ... reflect those of the European Central Bank The statement of purpose for the ECB Working Paper Series is available from the ECB website, http...

Ngày tải lên: 29/03/2014, 13:20

... inadequacy of human resources (HR) in developing countries In the health sector in general, and in maternal health in particular, health care professionals are at the heart of the success of EmOC interventions ... remainder of the analysis was carried out using the data extraction form and the analytical framework presented in the following sectio...

Ngày tải lên: 18/06/2014, 17:20

... 0.01) MB is the ratio of the market-to-book value of common equity SIZE is the total assets in millions of dollars LEV is the ratio of total liabilities to total assets FC is the Altman-Z computed ... audit-firm tenures CAR Vol 19 No (Winter 2002) Audit-Firm Tenure and the Quality of Financial Reports 653 Sensitivity analysis A further analysis is made to ass...

Ngày tải lên: 06/01/2015, 19:43

... research that uses accounting accruals as a proxy for earnings quality, we test for an association between auditor tenure and earnings quality for those auditor- client combinations where the auditor- client ... legitimate asset write-offs and/ or impairment charges in the initial year of an auditor- client relationship These write-offs and charges would...

Ngày tải lên: 06/01/2015, 19:43

... Trend analysis of the relationship between audit committees, boards, and earnings quality measures Audit Committees, Boards, and the Quality of Reported Earnings CAR Vol 22 No (Winter 2005) CAR Vol ... quality Higher earnings quality Higher earnings quality Higher earnings quality Lower earnings quality Higher earnings quality Lower ea...

Ngày tải lên: 06/01/2015, 19:47

Ngày tải lên: 06/01/2015, 19:49

... 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

... growth and interest rates Cook and Hahn (1989) test for evidence of the Fed’s influence on rates by examining the reaction of interest rates to Fed target changes They estimate the reaction of rates ... between three- and six-month rates before and after the founding of the Fed The two rates moved together more closely in the later period, as pred...

Ngày tải lên: 15/03/2014, 01:20