long run purchasing power parity part 2
Bài giảng Tài chính quốc tế (TS. Lê Tuấn Lộc) - Chương 5 Học thuyết ngang giá sức mua (The Purchasing Power Parity Theory)
... 120 100 120 18.000 1 12, 5 120 120 1 12, 5 14.000 87,5 130 115 98,9 26 LOGO Tỉ giá sức cạnh tranh thương mại quốc tế Tỉ giá trung bình (effective exchange rate) “tỉ giá trung bình tỉ giá đồng tiền ... 80 85 100 100 120 90 75 et (VND ) 100 93 99 83 82 29 LOGO Tỉ giá sức cạnh tranh thương mại quốc tế Tỉ giá thực trung bình (real effective exchange rate) “là tỉ giá danh nghĩa trung bình điều ... giá thực trung bình + Cách 1:tính số tỉ giá thực song phương với đồng tiền rổ, sau tính số tỉ giá thực trung bình giống cách tính tỉ giá danh nghĩa trung bình +Cách 2: tính số giá trung bình...
Ngày tải lên: 19/05/2015, 13:05
Detecting long run abnormal stock returns, the empirical power and specification of test statistics, the canadian evidence
... Literature Review 2. 1 Barber and Lyon (1997) 11 The Canadian Equity Market 18 Data 21 Benchmark Methods 23 CARs and BHARs 26 Statistical Tests for Long- run Abnormal Returns 27 Simulation Method ... Detecting Long- run Abnormal Stock Returns: The Empirical Power and Specification of Test Statistics: The Canadian Evidence Matthew Robert Bogue This study empirically examines the issue of long- horizon ... 73 Table 22 : “Specification (size) of t-statistics for CARs in sample A MINUS 1” .74 Table 23 : “Specification (size) of t-statistics for BHARs in sample A MINUS 1” 75 Table 24 : “Specification...
Ngày tải lên: 30/09/2015, 14:28
Chapter 10 cost in short and long run
... $100.00 50.00 33.33 25 .00 20 .00 16.67 14 .29 12. 50 11.11 10.00 9.09 8.33 Average Variable Cost (3) div (1) (7) $30.00 25 .00 20 .00 16 .25 15.00 15.00 15.71 17.50 20 .00 23 .00 27 .27 32. 92 Average Total ... curves Output Level Total Fixed Costs Total Variable Costs 10 $20 0 20 0 20 0 20 0 20 0 20 0 20 0 20 0 20 0 20 0 $ 60 110 150 180 20 0 23 0 28 0 350 440 550 Total Cost Marginal Cost Average Fixed Cost Average ... Average Cost in the Long Run The long- run marginal and average cost curves are mathematically related The long- run average cost curve slopes downward as long as it is above the long- run marginal cost...
Ngày tải lên: 17/12/2013, 15:19
Long-run macroeconomic impact of increasing tax rates on high-income taxpayers in 2013 potx
... $169 $90 4.5% 38.3% 36.8% 23 .6% 0.3 $311 $ 122 $51 1.7% 22 .3% 26 .4% 13.4% 5.8 $838 $26 0 $1 02 0.6 $493 $180 $ 42 9.7% 58.8% 69.3% 41.6% 0 .2 $303 $146 $20 3.9% 36.1% 56.4% 20 .0% Returns w/ positive ... returns 2. 6% 30.6% 70.8% 1.5 $1,687 $560 1.0% 18.0% 60.7% 2. 1 $1,667 $ 723 8 .2% 53.9% 60.8% 0.9 $1, 120 $576 3.6% 36.3% 48.5% 3.8 $1,187 $561 $4 92 0.9 $913 $467 $404 23 .2% 76.9% 83 .2% 82. 0% 0.5 ... 0.5 $688 $4 12 $354 12. 6% 58.0% 73.4% 71.9% Returns w/ positive partnership income AGI Total business income (less losses) Partnership income 3.9 $1 ,22 6 $455 $27 2 1.0 $964 $387 $21 5 25 .7% 78.6%...
Ngày tải lên: 08/03/2014, 06:20
Are Bonds Going to Outperform Stocks Over the Long Run? Not Likely. pptx
... returns Table 2: Annualized Compounded Total Returns %2 Large Company Stocks January 1 825 –December 1 925 January 1 926 –March 20 09 January 1 825 –December 20 08 7.3 9.4 8.3 Source: Ibbotson Long- term history ... Roger G Ibbotson, and Peng Chen Long- Run Stock Returns: Participating in the Real Economy.” Financial Analysts Journal, 59 (January/February 20 03), pp 88-98 20 09 Ibbotson Associates, Inc All ... Morningstar, Inc For more information, contact: Ibbotson Associates 22 West Washington Street Chicago, Illinois 606 02 3 12 696-6700 phone 3 12 696-6701 fax ibbotson.com Important Disclosures The performance...
Ngày tải lên: 29/03/2014, 03:20
Global Purchasing Power Parities and Real Expenditures doc
... 20 0 .23 20 2.40 388.15 26 2.57 21 3.64 101.13 27 0.06 88 .26 574.30 622 .34 Burundi 3 42. 96 364.55 803.65 404.35 678 .29 20 1.39 627 .79 117.96 935.85 383. 02 Cameroon 25 1. 02 246. 02 471.30 29 7.76 391.16 1 42. 76 ... The 2. 25 2. 30 4.13 4.01 4. 62 1.74 2. 83 0.79 4.15 4. 12 256 .23 355 .26 751.51 345.16 598.03 23 6.45 524 .23 138.33 651.34 805.10 7.56 8.66 23 .21 12. 24 10.84 2. 59 11.01 3. 02 22. 77 15.31 Ghana 3, 720 .59 ... 0.48 0.15 1 .21 1.16 649.57 6 32. 29 1,367.97 1 ,22 2.00 866.31 4 02. 12 828 .31 3 02. 38 1,611. 72 1,335.85 39.46 47.34 100.86 51.39 55.56 21 .66 62. 57 21 .89 126 .23 145 .23 24 0.09 24 0.47 4 82. 74 20 0.54 305.43...
Ngày tải lên: 29/03/2014, 08:20
Economic Impact of Investment in Public Higher Education in Massachusetts: Short-Run Employment Stimulus, Long-Run Public Returns docx
... – PV $22 ,450 $ 12, 973 $11, 624 $6,717 -$10, 827 -$6 ,25 6 $6,833 $3,949 -$15,617 -$9, 025 $ 32, 7 02 $18,897 $26 ,891 $15,540 -$5,810 -$3,358 $20 ,198 $11,6 72 -$ 12, 504 -$7 ,22 5 $4,1 02 $2, 371 $2, 5 42 $1,469 ... Degree $ 42, 511 $24 ,566 $78,384 $45 ,29 6 $35,873 $20 ,730 $118,451 $68,449 $75,940 $43,883 $105,5 52 $60,995 $157,107 $90,787 $51,555 $29 ,7 92 $21 2,356 $ 122 ,714 $106,805 $61,719 $151,681 $84,538 $21 0,667 ... (operating) 7 ,25 2 8,861 1,471 1, 420 8, 723 10 ,28 1 3,0 42 3,189 11,766 13,470 Casino (construction/operation) Casino (operation) 5,535 6,505 2, 338 3,0 62 7,873 9,568 2, 603 2, 706 10,476 12, 274 Health...
Ngày tải lên: 31/03/2014, 05:21
DebT ceiling Deal ThreaTens Deep job losses anD lower long-run economic growTh pdf
... 1970 19 72 1974 1976 1978 1980 19 82 1984 1986 1988 1990 19 92 1994 1996 1998 20 00 20 02 2004 20 06 20 08 20 10 20 12 2014 20 16 20 18 20 20 0.0% Sources: Budget Control Act of 20 11, Office of Management and ... 3.0% 2. 5% 2. 0% 2. 0% 2. 0% 1.7% 1.5% 1.5% 1.0% 0.5% 0.0% historical average (19 62- 2008) current (Fy11) Bowles-simpson ryan Budget & obama april in 20 21 Framework in 20 21 debt deal: 1st stage in 20 21 ... 19 62 20 21 5.0% 4.5% 4.0% Share of GDP 3.5% 3.0% 2. 5% 2. 0% 1.5% 1.0% 0.5% Historical 19 62- 2008 average First stage of debt deal Second stage (sequestration trigger) 19 62 1964 1966 1968 1970 1972...
Ngày tải lên: 31/03/2014, 08:20
global and national macroeconometric modelling a long-run structural approach oct 2006
... BN decompositions 10.3 .2 Computation of the GRW decomposition 10.3.3 An application to the UK model 10.4 Concluding remarks 22 5 22 7 23 1 23 2 23 6 23 9 24 2 24 8 25 0 25 2 25 4 26 0 11 Probability event ... of the UK financial sector 12. 4 .2 UK financial distress in the early 1990s and early 20 00s 12. 5 Directions for future research 28 9 x 26 9 27 4 27 5 27 8 28 0 28 6 28 6 28 9 29 2 29 7 303 303 305 306 Contents ... component 23 4 9.2h 10.1 10. 12 GRW transitory components of UK output and inflation: yt and 10.13 GRW and BN transitory components of UK output: yt pt 23 5 23 7 23 8 24 0 24 1 24 3 24 4 24 6 24 7 25 6 25 6 25 7...
Ngày tải lên: 11/06/2014, 05:36
Wind Power 2011 Part 3 pdf
... WT ω 0.9 1.1 1 .2 0 .2 0.0765 ∗ 0.6 1.3 0.7 0.8 ω∗ 0.9 ∗ ωWT = 0.6 123 ∗ ωWT max = 1 .22 47 = 0.6 123 ∗ ∗ PWTo = PRo = γ ⋅ (ω ∗ ) ∗ iGo (a) 1.1 1 .2 ∗ WT max ω 1.3 = 1 .22 47 (b) Fig 29 120 90 1.5 ∗ uGqo ... SR operating mode 0.8 0.8 q = 0 .2 0.6 0.6 ∗ PRo = 0.5 0.4 0.4 operating mode operating mode 0 .2 0 .2 0.3 0 .2 kL q 0 .2 0.4 0.6 0.8 1 1 .2 (a) 1.4 1.6 1.8 (b) Fig 22 Complete RMS of the generator ... 0.1 ω∗ ∗ PRo 0 .2 0.3 (c) Fig 23 0.3 0.8 0.4 (b) k L = 1.05, q = 0 .2 0.8 0.4 0.5 0.4 0 .2 0.4 (d) 0.6 0.8 52 Wind Power k L = 1.05, q = 0 .2 ν iSG operating mode k L = 1.05, q = 0 .2 ν iSG 0.995 0.4...
Ngày tải lên: 21/06/2014, 23:20