market structure in other countries

... t Writing (3) in integrated form, we obtain t f (t, s) = f (0, s)+ α(u, s)du+ t σ(u, s)dWu + t δ(u, x, s)µ(du, dx) E Inserting this expression into (9), splitting the integrals and changing the ... risky assets available for hedging as there are independent sources of randomness in the market In bond markets as well as in stock markets it seems reasonable to take into account the possible occurrence ... self-financing portfolio if and only if certain integral equations of the first kind (the “hedging equations”) have solutions Furthermore, the integral operators appearing in these equations (the “hedging...

Ngày tải lên: 16/02/2014, 02:20

Ngày tải lên: 21/03/2014, 22:52

... contextualising the documentary data, and choosing representative material in order to present findings Reliability of interpretation was increased by both authors participating in the interpretative ... and other services for domestic purposes [[31], emphasis in original] Regional coordination of lobbying efforts was increased still further in October 1992 at a public affairs coordination meeting ... 5% to 1% including cigarette paper, tipping [the paper surrounding a cigarette filter], tow, etc’[48] ‘Continuing our aggressive lobbying campaign at all government levels’: Influencing excise...

Ngày tải lên: 11/08/2014, 14:21

... non-existing markets results in a risk premium in the lending interest rate, increasing the lending interest rate beyond the level necessary to cover the creditor’s marginal cost of funds plus the intermediation ... suggesting a widening spread in times of an appreciating Shilling Also, higher inflation leads to an increase in the nominal spreads Margins are higher in quarters with higher GDP growth, inflation-adjusted ... limited intermediation into private sector loans On the other hand, and as reported above, interest margins in Uganda are significantly higher than in other countries, even than in the average low-income...

Ngày tải lên: 22/03/2014, 23:20

... within the savings bank group in France Although not independent institutions, they are invariably attached to the savings bank in the region in which they operate In this way, several savings ... shares in the savings companies, which in turn use all the funds obtained in this way to obtain shares in the savings banks As a result, the importance of a savings companies to its savings bank ... association of the savings banks In addition, the savings bank group consists of around 450 local savings companies at its disposal since 1999 These are not involved in the financial business but are...

Ngày tải lên: 29/03/2014, 08:20

... described above in Definition 2.3, using the mex operation to fill in increasingly large subarrays containing the seed Definition 2.6 In algorithm 2, which is well-defined only for principal subarrays ... the two main spindles there are additional spindle elements This is in contrast to the situation in As , where the spindle is tightly packed with little room for anything other than spindle elements ... note that in all figures the index i increases going down the page and j increases going to the right The reader can easily verify that a change of seed from to has a minimal effect; other than...

Ngày tải lên: 08/08/2014, 12:22

... unique and distinguishing market in East Asia, namely Chinese stock market, as China underpinned by its fast-evolving economy is surely going to be a significant player in this region In particular, ... dominant role of US in influencing the East Asian financial markets The technique of bootstrap is employed to obtain point estimates and measure the corresponding accuracy of estimates in cointegration ... markets are interrelated In line with the deepening globalization of financial markets and increasing capital flows across national boundaries, stock markets have become an increasingly important...

Ngày tải lên: 12/09/2015, 10:52

... preeminent in helping to explain influences on firm activities in emerging markets because government and societal influences are stronger in these countries than in developed economies According ... understanding the more general issue of MNEs’ within-host-country strategy and structure in a single emerging market Second, China is an emerging market in which the government preserves an active involvement ... many emerging markets in terms of scale and substance (Peng, 2003) Accordingly, the year 1979 serves as a clear starting point for examining MNEs’ withinChina strategy and structure during this...

Ngày tải lên: 12/09/2015, 10:54

... Holdings Bank regulations include the following:  Banks cannot hold common stock  Banks cannot invest too large a share of their deposits in a single loan or in loans to businesses in a single ... depositors (including many important corporations) could lose some of their funds  Foreign investors would lose confidence in U.S banks An Example: Continental Illinois Bank Rescuing Continental Illinois ... Continental Illinois Bank Before it failed, Continental Illinois Bank:  was the largest bank in Chicago  was the seventh-largest bank in the U.S  had 57 offices in 14 states and 29 foreign countries...

Ngày tải lên: 18/10/2015, 07:57

Ngày tải lên: 04/10/2012, 10:24

... 9840238 THE INFORMAL SECTOR IN SOLID WASTE MANAGEMENT IN DEVELOPING COUNTRIES The motivation for recycling in developing and industrialised countries is rather different In the latter recycling is ... contributions of the informal sector for solid waste management in developing countries in general and in HCMC in particular and to find out whether an integration of the informal sector in the formal ... IN DEVELOPING COUNTRIES II.6 Problems of SWM in developing countries ZURBRUGG (2002) identifies four typical problem areas for SWM in developing countries: • Inadequate service coverage and inefficiencies...

Ngày tải lên: 24/08/2013, 18:48

... of sustainability, or of threats to sustainability In order to this, proper sustainability criteria/indicators must provide this information, to indicate our progress in achieving sustainability ... drawbacks in attaining sustainability, Scenario is still an option as it brings many positive impacts in terms of environmental, economic, technical and functional aspects including low capital investment ... population in income group i in inventory year Ti,j = degree of utilization of treatment/discharge pathway or system, j, for each income group fraction i in an inventory year i = income group:...

Ngày tải lên: 05/09/2013, 10:15

... Indians living on the coast, but not in the then-undisturbed interior Seligman (1929) found no insanity in untouched Papua New Guinean villages, but definite instances in those where ‘white influence’ ... roughly 1.5 favouring the non-industrial group During this period, too, independent reports from other ‘developing’ regions continued to appear, employing a host of methods and making for a decidedly ... and Kleinman, 2003) In other cultural registers, too, the evidence points to ethnographic extremes that are washed out in statistical averages Take the case of marriage in India A recent interpretive...

Ngày tải lên: 01/11/2013, 09:20

... the main plot hinges) leading to a change of play's direction for the worse (In “Hamlet”: the Mousetrasp helps to prove Claudius’s guilt in the murder Hamlet forgoes killing Claudious; in “King ... well-organized structure People feel the rising of conflict and then the falling and its ending All are in natural and inevitable way but people can not help feeling stunned, surprised and hurt in their ... scientific discoveries in the world The discovery of America in the last decade of the 15 th century, the finding of a sea - route so Asia round Africa and the invention of printing opened the eyes...

Ngày tải lên: 22/12/2013, 13:11

... using the MustInherit keyword, as shown in Listing 9.47 The MustInherit keyword means that the CNumberString class cannot be instantiated directly Instead, the class must be inherited by another ... changes, including the following: o Retyping variables o Removing code validating CustomerIDs and related exception throwing o Calling CCustomerID's object-based constructor from Listing 9.43 ... accessed Listing 9.47 PhoneDatatypes.vb: Declaration of the CNumberString Abstract Class Public MustInherit Class CNumberString Public MustInherit Class InvalidNumberStringException Inherits System.ApplicationException...

Ngày tải lên: 24/12/2013, 06:17

... agent’s starting value W* when investors have all the bargaining power is determined by the following tradeoff: Larger W* delays termination at a greater cost of paying the agent In Figure we ... Scharfstein (1990) See also Innes (1990) for optimal security design in a standard principal-agent setting Dewatripont and Tirole (1994) discuss the role of capital structure (including inside ... receives from waiting until the credit line balance is zero before paying dividends Finally, because the agent earns interest at his discount rate γ paying off the credit line, but earns interest at...

Ngày tải lên: 12/01/2014, 22:16

... xuất lương thực (như quay vòng chất dinh dưỡng, ngưng kết chất nitơ, quản lý sâu bệnh thống v.v.), đặc biệt sử dụng tốt tri thức kỹ người nông dân tăng cường tự tin khả họ Định nghĩa Smyth Dumanski ... lượng công việc kinh tế việc nhà tạo gánh nặng cho họ, (c) luật lệ phong tục không cho phép người phụ nữ tiếp cận tới đất đai, tín dụng, đầu vào, việc làm, giáo dục, thông tin hay y tế Sự khác ... tiếp cận lực khuyến khích học tập cá nhân xã hội Thay đổi kĩ thuật trình phức tạp với yếu tố sinh-lý kinh tế - xã hội Đó không việc giới thiệu khía cạnh kĩ thuật mà kết suy nghĩ hoạt động đài phát...

Ngày tải lên: 16/01/2014, 21:20

... financial linkages and possibly to market inefficiencies Second, we pursue to examine whether correlations between the originating country’s financial markets and other markets in the region increased ... logarithms of the indices), including those with selected other international indices The significant increase in correlations over time is truly striking Since the Russian crisis in August 1998, ... money market was resumed Interestingly, market nervousness had manifested itself already earlier in the year on the stock market; in the beginning of February, stock market volatility increased,...

Ngày tải lên: 27/01/2014, 11:20

... substantially decreasing in Asia and Latin America and the Caribbean, it is on the rise in some countries of SSA, whilst in many others they remain disturbingly high or are declining only sluggishly ... bio-demographic covariates produced an increase of urban inequities in most countries is quite surprising Similar findings have been reported in other developing countries like Brazil where Sastry ... population explosion in developing countries and in SSA in particular, is accompanied by increasing urban poverty and malnutrition [2,5] Newly assembled evidence from developing countries indicates that...

Ngày tải lên: 12/02/2014, 19:20

... in the percent marrying before 18 in 24 countries and no change in countries The percent having premarital sex by age 18 has risen in 20 countries, and remained unchanged in countries Nonetheless, ... rates remain, above 30 percent in Bangladesh and in many sub-Saharan African countries and as high as 28% in India Thus in many countries, child marriage remains an important factor in adolescent ... is apparent in Figure 5b in that most points that not fall on the diagonal line (indicating gender equality) fall below the line indicating a higher percent of female students attending secondary...

Ngày tải lên: 13/02/2014, 10:20