determinants of financial market development

... — #7 Determinants of Financial Development geographic determinants of carbon market development in developing countries, mainly the Clean Development Mechanism (CDM) markets The structure of this ... investigate the fundamental determinants of the development of financial markets and carbon markets It starts with a general examination of the determinants of financial development in Chapter and ... MINDIST NIM OLS index of overall financial development index of extent of bank-based intermediation index of bond market development index of financial efficiency index of size of financial system /...

Ngày tải lên: 01/11/2014, 17:11

... segments of the financial sector Well-functioning financial systems should offer a wide range of financial services and products from a diversified set of financial intermediaries and markets ... measures of competition, including the total number of financial institutions, changes in market share, ease of entry, price of services, and so forth In addition, the degree of diversity of the financial ... ratios (market share of or of the largest institutions) Financial market concentration ratios (market share of the largest financial instruments, as a percentage of total financial assets) • Herfindahl...

Ngày tải lên: 17/12/2013, 05:15

... resolution of financial market infrastructures – Consultative report – July 2012 1.5 “FMI” is a term that encompasses a broad range of different providers of infrastructure services to markets and market ... Sections 4.6 to 4.8 of this report A moratorium is unlikely to meet the objective of continuity in the resolution of FMIs for which CPSS-IOSCO – Recovery and resolution of financial market infrastructures ... critical role in financial markets 1.2 FMIs play an essential role in the global financial system The disorderly failure of an FMI can lead to severe systemic disruptions if it causes markets to cease...

Ngày tải lên: 17/02/2014, 21:20

... growth in property markets has always been one of the important policy objectives of the government because of claims that such growth would have spillover effects on other sectors of the economy ... replacement/construction cost of property assets raise the profitability of building construction activities, according to Tobin’s q-ratio theory of investment Hence, developers and non -financial firms would ... of investment channel captures two types of impacts of property price changes on investment spending, namely the Tobin-q effect and the financial accelerator principle To test the existence of...

Ngày tải lên: 13/07/2014, 21:13

... Market Financial Markets (cont.)  Concept of financial markets : - What is the market? - What is the financial market? 07/18/14 Financial Market_ Chapter 1_Overview of Financial Market  “A market ... Instruments of Money Markets THỊ TRƯỜNG VỐN (Capital Markets) - Concept and the nature of capital markets; - Instruments of Capital Markets 07/18/14 Financial Market_ Chapter 1_Overview of Financial Market ... TÀI CHÍNH (Financial Markets) - Concept and the nature of financial markets; - Classification of financial markets; THỊ TRƯỜNG TIỀN TỆ (Money Markets) - Concept and the nature of money markets;...

Ngày tải lên: 18/07/2014, 13:16

... Econophysics and Agent-Based Modeling of Financial Market FENG LING (B.Sc.(Hons), National University of Singapore) A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY NUS GRADUATE SCHOOL FOR ... usually initiated by one of them - either the buyer or seller There are usually two types of traders in the market in terms of order placement - market takers who place market orders to buy/sell, ... empirical data 67 4.6 CDF of returns with different values of Vf 68 xii 4.7 CDF of returns with different values of n0 69 4.8 CDF of returns with different agent...

Ngày tải lên: 10/09/2015, 09:09

Ngày tải lên: 17/01/2014, 03:20

... Non-use Market Non -market Private Public Non -market Non -market Non -market Non -market Non -market Non -market Public Public Public Public Public Public Non -market Market/Non -market Market/Non -market Market/Non -market ... Direct use Direct use Direct use Direct use Direct use Direct use Market/ non -market Market Market Market Market Market Market Market Public/private Direct use Indirect use, Nonuse Indirect use ... Turpentine Study on the Development and Marketing of Non -Market Forest Products and Services Table 6.2: List of non -market forest goods and services Remark: The list of non -market forest goods and...

Ngày tải lên: 18/02/2014, 21:20

... the ILW market is roughly of the same order of magnitude as the CAT bond market Experts also comment that capital market participants provide the majority of risk capital in the ILW market, just ... probability of occurrence of 0.01 or less (i.e., a return period of at least 100 years) The higher layers of protection often go unreinsured by ceding companies for two primary reasons—for events of this ... evolution of the risk-linked securities market and an evaluation of the current state of the market The scope of the article is limited primarily to securitization of catastrophic property-casualty...

Ngày tải lên: 06/03/2014, 04:20

... effects of the years of schooling of the head of the household, the years of schooling of the money manager and the average schooling of the heads of the village households are estimated All of the ... savings % of banks which offer lending % of banks which offer savings and lending Median Years of Operation Median # of Members Median # of Loans % who received external funds for start-up % of Banks ... years of schooling of village heads of household Figures 2, and describe the relationship between the same bank policies and the years of schooling of the village bank’s money manager All of the...

Ngày tải lên: 06/03/2014, 10:20

... far as the development of financial scale is concerned, the ASEAN-5 financial systems were about ten times as large, with the total financial assets of 80% of GDP on average In Vietnam, financial ... available measure of efficiency is turnover, which gives the values of stock transactions relative to the size of the financial market (Gallego, Herrero, and Saurina 2002) Besides, financial development ... assets of 80% of GDP on average In Vietnam, financial depth has been a rather shallow with the underdeveloped financial market in comparison to those of ASEAN-5; and the bond and stock market...

Ngày tải lên: 14/03/2014, 17:20

... stability of domestic and international financial markets and the broader economy In contrast, robust FMIs have been shown to be an important source of strength in financial markets, giving market ... use, and assessments of observance of the principles and responsibilities 16 Organisation of the report 17 2.0 Overview of key risks in financial market infrastructures ... 23: Disclosure of rules, key procedures, and market data 121 Principle 24: Disclosure of market data by trade repositories 124 4.0 Responsibilities of central banks, market regulators,...

Ngày tải lên: 15/03/2014, 10:20

... 134 III | P a g e Study on the Development and Marketing of Non -Market Forest Products and Services INTRODUCTION The importance of sustainable management of non -market forest goods and services ... non -market forest goods and services, all of them show an increasing trend of importance, with some regional exceptions (Table 5) Table 5: Trend of importance of different groups of non -market ... using NWFP for profit making 20 | P a g e Study on the Development and Marketing of Non -Market Forest Products and Services MEA (2005) provides an estimation of the importance of certain forest...

Ngày tải lên: 16/03/2014, 09:20

... and Marketing of Non -Market Forest Products and Services Study on the Development and Marketing of Non -Market Forest Products and Services The importance of sustainable management of non -market ... provision of information, coordination of actors as well as financial support to buffer risks in the early stages of product development The EU Rural Development Programmes allow for many of these ... Provision of seed-money could support the development of new market opportunities Only small shares of forestry funds are dedicated to the placement of new forest goods and services in the market...

Ngày tải lên: 30/03/2014, 09:20

... the development of financial accounting standards Financial accounting standards impact the reporting of net assets The reporting of net assets is essential in fully functioning financial markets ... 203-2 of the AICPA‘s Code of Professional Conduct (AICPA, 2007) CPAs use their education and experience to provide professional opinions (audits) of the financial reports and internal controls of ... understanding of the comment letter component of due process within the financial accounting standard setting Prior research on the use of comment letters by the FASB in the development of financial...

Ngày tải lên: 01/06/2014, 13:59

... The mean value of risk (beta) of the group of Top Sustainability reporters was greater than or equal to the mean value of risk of the sample of S&P 500 organizations for the period of January 1, ... 2006 H1: The mean value of risk (beta) of the group of Top Sustainability reporters was less than the mean value of risk of the sample of S&P 500 organizations for the period of January 1, 2002 to ... 90 4.3.5 Calculation of Mean and Application of Statistical Tests 91 4.4 Presentation of Descriptive Characteristics of Datasets 94 4.5 Summary of the Analysis of Data 100...

Ngày tải lên: 03/06/2014, 00:48

... Introduction This is a report of our financial audit of the Department of Business, Economic Development and Tourism, State of Hawaii (department) The audit was conducted by the Office of the Auditor and ... Department of Business, Economic Development and Tourism Report No 03-03, March 2003 Summary The Office of the Auditor and the certified public accounting firm of KPMG LLP conducted a financial audit of ... office conducts the following types of examinations: Financial audits attest to the fairness of the financial statements of agencies They examine the adequacy of the financial records and accounting...

Ngày tải lên: 18/06/2014, 20:20

... balances >90 days past due at June 30 Percent of loans >90 days past due at June 30 No of loans written off as of June 30 Amount of loans written off as of June 30 FY2000-01 FY1999-2000 94 96 106 ... Objectives of the Audit To assess the adequacy, effectiveness, and efficiency of the systems and procedures for the financial accounting, internal control, and financial reporting of the department; ... recommendations on the financial accounting and internal control practices and procedures of the Department of Business, Economic Development and Tourism (department) Summary of Findings We found...

Ngày tải lên: 18/06/2014, 20:20

... Higa Office of the Auditor State of Hawaii Dear Ms Hi9a: This is our report on the financial audit of the Department of Business, Economic Development and Tourism, State of Hawaii (DBEDT), as of ... accordance with the terms of our contract with the Office of the Auditor, State of Hawaii and with the requirements of the Office of Management and Budget (OMB) Circular A-133, Audits of States, Local ... Auditor Office of the Auditor State of Hawaii We have audited the accompanying financial statements of the governmental activities and each major fund of the Department of Business, Economic Development...

Ngày tải lên: 19/06/2014, 17:20

... Energy Laboratory of Hawaii Authority (NELHA), Office of Planning, High Technology Development Corporation, Hawaii Strategic Development Corporation, Strategic Industries, Strategic Marketing and ... Natural Energy Laboratory of Hawaii Authority High Technology Development Corporation Office of Planning General Support for Economic Development Strategic Industries Strategic Marketing and Support ... Laboratory of Hawaii Authority Office of Planning High Technology Development Corporation Strategic Industries General Support for Economic Development Economic Planning and Research for Economic Development...

Ngày tải lên: 19/06/2014, 17:20