international capital flows and the boombust cycle in spain

... business cycles in the five Asian crisis countries are highly synchronized and follow business cycles in Japan, while they differ from cycles in Australia and New Zealand. On the other hand, ... that has net capital inflows in the post-crisis period. Therefore, considering that capital flows have been generating similar boom-bust cycles in the crisis countries, business cycles in Korea ... that the effects of CAP shocks on CUR and RGDP are invariant to the ordering between CUR and RGDP. On the other hand, capital flows might affect CUR and RGDP within a quarter, and the CUR and...

Ngày tải lên: 24/10/2012, 09:27

... banks indeed increase their exposure to credit risk by boosting the increase in risk-weighted assets in an upturn, they fail to boost the increase in capital correspondingly. In a business cycle ... decreases in a business cycle upturn and increases in a business cycle downturn. For cooperative banks with high capital buffers, the increase in capital buffers increases both in a business cycle ... respect to the questions whether changes in the capital buffer over the business cycle simply reflect changes in loan demand. The finding that banks with low capital buffers increase their capital...

Ngày tải lên: 15/03/2014, 09:20

... set up. Finally, at the beginning of October 1996, the quantity of resin in each cylinder was doubled by adding a second bag containing the corresponding resin type, in order to assess the efficiency ... were greater in the incubated soils than in the undisturbed soils, before and after the harvest. Before the harvest, nitrate was the dominant form of mineral N in the incubated (75%) and undisturbed ... higher during the “winter” period. Leaching of N was still 60 kg·ha –1 ·yr –1 higher in the cylinders. The relationships between leaching of NO 3 -N (or NH 4 -N) in the undisturbed and the incubated...

Ngày tải lên: 08/08/2014, 01:21

Ngày tải lên: 01/11/2014, 11:41

Ngày tải lên: 01/11/2014, 11:41

Ngày tải lên: 01/11/2014, 16:23

Ngày tải lên: 01/11/2014, 19:39

Ngày tải lên: 04/11/2014, 05:34

... authoritative in the Middle Ages called their authority into question. When combined with the propaganda poten- tial of the printing press to disseminate such findings, printing became a major force behind ... of books, including one on the concept of Fatherland in the Netherlands from early modern times till World War II and one on Dutch lieux- de-m´emoire. Introduction  (as developed by Gutenberg in the ... flood of supportive information and suppressing contrary stories and externally by feeding information to their vassal papers in Avignon and London.  Furthermore, in the s, they launched a...

Ngày tải lên: 21/09/2012, 10:58

... in terms of MiCA and MaCA in details. Therefore, within this study, the author focuses on analyzing and contrasting them in terms of MiCA (concerning grammatical and semantic features of the ... morphological features. Furthermore, ‘run’ and ‘chạy’ coincide in their general meanings and meanings in some idioms. Interestingly, ‘run’ is richer in meanings, consequently richer in synonyms than ... meanings, their idioms, their synonyms and other microlinguistic factors that effect the uses of the two verbs. The findings of the study on the ground of general meanings may help the translators...

Ngày tải lên: 06/04/2013, 08:43

Ngày tải lên: 15/08/2013, 15:57

Ngày tải lên: 07/09/2013, 13:48

... justified their answer by the assertion that most U.S. investment firms trading internationally have established their own international links, thereby eliminating the need for costly intermediaries. ... interpret. ? Transaction costs: These are the costs incurred in placing the order and securing the certificates. Because of the international dimension of the investment, these costs can be higher ... constraining international capital flows and its subsequent weight in determining the OIP. Findings Table 4 shows respondents evaluation of the seven macro barriers of level two of the hierarchy...

Ngày tải lên: 08/11/2013, 23:15

Ngày tải lên: 11/12/2013, 23:53

... at random. Then the data are analyzed and systematized to work out a fresh insight into the meanings expressed by can, may, must and their equivalents in Vietnamese. 5. Design of the study The ... problems in understanding the texts, and especially in interpreting the writer’s opinion and attitude expressed by such typical modals as can, may, must. With all these reasons, I made up my mind ... by the subject of the sentence by the speaker (or by some other agents). In the epistemic world, the must in the same sentence could be read as a logical necessity according to the reasoning...

Ngày tải lên: 29/01/2014, 00:23

... both in the mode l and in the data. Mo reove r, price ratios are disproportionately lo wer for short-term debt when short spreads are high both in the model and in the data. 17 The distinct dynam ... time-varying differences i n the prices, and in the liquidity and insurance benefits o f these two assets, which rationalize the mo vements in s pread curv es and maturity composition observed in t ... v c (b S ,b L ,y) is the value associa ted with not defaulting and sta yin g in the contra ct and v d (y) is the value associated with default. Since we assume that default costs are incurred w henever the borro...

Ngày tải lên: 16/02/2014, 02:20

... between the rural sector and immigrants. Created to maintain links with and support communities of origin, HTAs are increasingly taking advantage of the upsurge in migrant remittances and the need ... entering the banking system and maintaining accounts. Greek migration during the 1960s to North America and Western Europe—more specifically, to the Germany and United States—resulted in increased ... between the income share of the lowest 20 per cent and highest 20 per cent income brackets. This income difference signals the extent of the gap between the rich and the poor, the larger the gap the...

Ngày tải lên: 16/02/2014, 10:20

... the loans were in nonrepayment in 1997, and the picture did not improve much during the succeeding two years. The second problem in assessing the successes and failures of the IMF concerns the ... it was pursuing other objectives, then perhaps the failure in stabilizing East Asia was not a failure in the eyes of the organization. And indeed, the IMF claimed that there were other objectives. ... facilitating the opening of capital markets may be in the interest of certain financial circles in the developed countries, because it enhances their business opportunities. The problems posed by the...

Ngày tải lên: 16/02/2014, 11:20