picking bonds and stocks in emerging markets

... Reform and Emerging Markets Trade & Finance His research interests focus on institutional aspects of banking and finance, measuring the informal sector and small x  Editors and Contributors business ... publication record, writing on topics that include international business and finance with particular reference to China, working capital financing, entrepreneurial finance and financial education ... Switzerland Contents The End of Imagination? Understanding New Developments in Microfinance Douglas Cumming, Yizhe Dong, Wenxuan Hou and Binayak Sen The Influence of Formal and Informal Institutions

Ngày tải lên: 09/01/2020, 09:47

... discourages NEA in markets with the highest GQ; and, at the same time, outward FDI diminishes OEA in markets with the lowest GQ and promotes NEA in markets with the highest GQ Emerging markets 253 ... OEA and NEA and between inward and outward FDI They find the European context interesting that both inward and outward FDI increase domestic NEA and reduce OEA Demanding for the differentiation ... are divided into three groups of EMs: advanced emerging, secondary emerging and frontier emerging (based on the Financial Times and the London Stock Exchange classification) Data for institutional

Ngày tải lên: 05/06/2020, 04:11

... abie to start accumulating cash balances and consuming more Once the program is terminated, inflation tax increases However, since consumers’ income has already increased during the program, the ... Integrating forward the flow budget constraint, applying the transversality condi- tion iim đ2e~”!dt = 0 and taking into consideration the fact that the CIA constraint —0o binds, we get her intertemporal ... Argentina, Brazil and Mexico used wage and price controls to overcome the inertial component of inflation in the attempt to avoid the overvaluation of the exchange rate The programs in Argentina and

Ngày tải lên: 18/02/2014, 11:20

... Development in Emerging Markets Aleksandr V Gevorkyan • Otaviano Canuto Editors Financial Deepening and Post-Crisis Development in Emerging Markets Current Perils and Future Dawns Editors Aleksandr ... FINANCIAL DEEPENING AND POST-CRISIS DEVELOPMENT IN EMERGING MARKETS CURRENT PERILS AND FUTURE DAWNS EDITED BY ALEKSANDR V GEVORKYAN AND OTAVIANO CANUTO Financial Deepening and Post-Crisis ... Joaquin, and Juan Fernandez de Guevara 2004 Factors Explaining the Interest Margin in the Banking Sectors of the European Union Journal of Banking and Finance 28: 2259–2281 Miller, Stephen, and

Ngày tải lên: 09/01/2020, 09:00

... DIRECT INVESTMENTS IN EMERGING MARKETS RISK MANAGEMENT IN EMERGING MARKETS GOVERNANCE AND RISK IN EMERGING AND GLOBAL MARKETS Also by Sima Motamen-Samadian INTERNATIONAL DEBT AND CENTRAL BANKING IN ... decisions in emerging markets, and governance and risk in emerging markets The series will be one of the main sources of reference on emerging markets, both within and outside those markets, for ... markets of emerging markets These cover a wide range of subjects, including stock markets and their efficiency in emerging markets, forecasting models and their level of accuracy in emerging markets,

Ngày tải lên: 09/01/2020, 10:04

... non-interest income When interest rates are getting lower and lower, banks are likely to invest more in non-interest-earning projects in order to maintain profitability, and bank risk is increasing Conclusions ... 127(1), (2012), 57-95 J Stein, “Incorporating financial stability considerations into a monetary policy Interest Rate, Risk Taking Behavior, and Banking Stability in Emerging Markets 73 framework,” ... Applied Finance & Banking, vol 7, no 5, 2017, 63-73 ISSN: 1792-6580 (print version), 1792-6599 (online) Scienpress Ltd, 2017 Interest Rate, Risk Taking Behavior, and Banking Stability in Emerging Markets

Ngày tải lên: 01/02/2020, 21:58

... findings in explaining how companies make decisions regarding direct investments abroad According to Hosseini (2005) economics need to include realistic principles in order to explain FDI, and ... irrational and rational ones Irrational factors include: business instinct, previous experience in the same industry, implying anchoring heuristic, visibility of investment in local community, implying ... motivations Instinct or feeling for business as a factor in making decisions causes companies to invest higher amounts in form of FDI Having previous experience in industry makes companies likely to invest

Ngày tải lên: 29/05/2020, 10:17

... giới thiệu những chiến lược marketing trên Internet mới nhất, những điểm nhấn mạnh mẽ vào marketing, các tư vấn kinh nghiệm, bí quyết mới từ các chuyên gia marketing cùng vô số những điểm cải thiện ... chúng ” - ALBERT EINSTEIN- Biến bắt kỳ ai thành khách hàng! là một hệ thống marketing và bán hàng hoàn chỉnh cho các nhà tư vấn, hướng đẫn viên, và các nhân viên bán hàng, nhân viên kinh doanh Cuốn ... cự và trì hoãn đang gây trở ngại cho các nỗ lực marketing và kinh doanh của bạn Chương trình cho bạn thấy cách các mảnh ghép marketing và kinh đoanh được ráp nối với nhau: làm gì, làm lúc nào

Ngày tải lên: 22/10/2022, 14:33

... CHUYÊN ĐỀ Ngày 19/01/2024 TRƯỜNG CAO ĐẲNG KINH TẾ TP.HCMTrang 22 Bài viết: “Exchange rate pass-through in emerging markets by Michele Ca’ Zorzi, Elke Hahn and Marcelo Sánchez” Bài viết được đăng ... Châu Mỹ La Tinh) cũng như bộ dữ liệu cho 3 nước Mỹ, EU và Nhật Bản từ: Thống kê tài chính quốc tế (International Financial Statistics) của IMF, Chỉ số kinh tế chính (Main Economic Indicators) ... của tổ chức tài chính quốc tế (International Financial Statistics) của IMF, Chỉ số kinh tế chính (Main Economic Indicators) của OECD, và BIS (Bank for International Settlements), sau đó là các nguồn

Ngày tải lên: 22/04/2024, 20:55

... ĐỊNH GIÁ Ở CÁC THỊ TRƯỜNG MỚI NỔI ĐỊNH GIÁ Ở CÁC THỊ TRƯỜNG MỚI NỔI VALUATION IN EMERGING MARKETS VALUATION IN EMERGING MARKETS 1 Nhóm 8 thực hiê ̣n 2 Huỳnh Trúc Lâm Nguyễn Vũ Uyên Ly Nguyễn ... nền kinh tế, lợi nhuận hoạt động biên và ROIC trong dài hạn không bi ̣ ảnh hưởng bởi bất kỳ sai lê ̣ch ngắn ha ̣n nào của PPP • Tỷ giá kỳ ha ̣n thực sự chı̉ cho ta rất ı́t thông tin ... quốc gia được phản ánh trong chi phı́ vốn, • Và đi ̣nh giá dựa trên so sánh các chỉ số của kinh doanh và giao di ̣ch. NHỮNG VẤN ĐỀ CẦN QUAN TÂM TRONG ĐỊNH GIÁ DCF TRONG THỊ TRƯỜNG MỚI NỔI

Ngày tải lên: 22/12/2013, 16:06

... understanding and 4. implementing sustainability strategy. Emerging markets are increasingly engaging with the agenda and, 5. in some instances, leading. There is a need for developing appropriate ... www.integratedreporting.org The Equator Principles: A financial industry benchmark established in 2003 for determining, assessing and managing social and environmental risk in project financing ... Briefing China, 25-34 10  |  Sustainability in emerging markets South Africa South Africa continues to be singled out in comparative... and sustainability initiative in the

Ngày tải lên: 09/02/2014, 21:09

... dealing and excessive commodification of money, central bankers have had great difficulty specifying relationships in setting and maintaining standards of indebtedness Central banks stand ... Decision-making 70 viii [...]... chains of relationships and the institutional world in which they are formed and sustained And when individuals lose, they are cast as consumers in markets ... personal misplacing of trust; its source lies in. .. Depending on the price of money (interest) and the ‘real’ value of money (whether it is in ating or disinflating), money always involves unequal

Ngày tải lên: 01/11/2014, 18:46

... of these markets with global markets in return and volatility Investigation of linkage in liquidity among emerging markets and between emerging and developed markets, as well as the driving mechanism ... sample, ranging from two months to less than two years 2.2 Emerging Markets, Liberalization and Integration 12 2.2.1 Pricing of Liquidity in Emerging Markets Emerging markets share many distinct features ... asset pricing in emerging markets, due to the higher transaction cost The informational environment is inefficient in emerging markets Information asymmetry creates a risk for uninformed investors...

Ngày tải lên: 14/09/2015, 12:13

... in earnings yields in both the domestic country and the US for stocks; lagged one-period change in bond yields in both the domestic country and the US for bonds Standard errors are reported in ... formed by stocks and bonds of Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, New Zealand, Norway, Spain, Sweden and US Portfolio C is formed by stocks and bonds of Austria, ... weighting matrix being the unity matrix The instruments used in the system are: lagged one-period earnings yields and lagged one-period change in earnings yields in both the domestic country and...

Ngày tải lên: 16/02/2014, 02:20

... all International Accounting Standards (IAS) and related interpretations issued by the former International Accounting Standards Committee (IASC), and the International Financial Reporting Standards ... differences exist in the amount and precision of private information in the hands of institutional and individual investors The higher level of understanding of institutional investors also implies ... structure and earnings management practices among firms operating in an emerging market With globalalization of business and financial markets, there has been strong demand for quality of information...

Ngày tải lên: 13/07/2014, 21:13

... 2014 K K eynes, Minsky and Financial Crises in Emerging Markets Ognjen Radonjić Srdjan Kokotović Ognjen Radonjić Srdjan Kokotović Keynes, Minsky and Financial Crises in Emerging Markets First edition, ... financial institutions, the ever-growing and massive debt financing of uncertain investment projects over the business cycle, continual financial innovation and fundamental uncertainty In a word, ... negatively influences prices A fall in prices stimu- 46 | Keynes, Minsky and Financial Crises in Emerging Markets lates spending and consumption, and simultaneously lowers income thereby decreasing...

Ngày tải lên: 04/11/2014, 05:43

... average number of shareholders is 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine The survey included information on ownership categories: 75-100, ... from Russia and Ukraine reporting agencies Russia and Ukraine present interesting case studies of banking sector and the issue of corporate governance in particular Most of the banks in these countries ... Introduction The banking sector in Russia and Ukraine has experienced rapid growth in recent years, with total assets and equity more than doubling during the past years between 2003 and...

Ngày tải lên: 02/01/2015, 17:33

... average number of shareholders is 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine The survey included information on ownership categories: 75-100, ... from Russia and Ukraine reporting agencies Russia and Ukraine present interesting case studies of banking sector and the issue of corporate governance in particular Most of the banks in these countries ... Introduction The banking sector in Russia and Ukraine has experienced rapid growth in recent years, with total assets and equity more than doubling during the past years between 2003 and...

Ngày tải lên: 06/01/2015, 19:47

... native people from their normal habits of farming, hunting, mining, and forestry • Income does not trickle-down to locals • 50% of the income goes to airline, hotels, tour operators Benefits of Ecotourism ... shoot a single elephant in Zimbabwe • Leads to substantial revenue, and has minimal adverse impact on local populations Convention on International Trade in Endangered Species of Wild Fauna and Flora ... 28m international tourist in 2014 London attracted 18m tourists (2 largest attraction in the world) Tourist arrival in Cuba, 2010 Darbandsar, Iran… Darbandsar, Iran Why Study Tourism? • Attain...

Ngày tải lên: 23/06/2016, 21:31

... Housing Finance Policy in Emerging Markets Housing Finance Policy in Emerging Markets Edited by Loùc Chiquier and Michael Lea non-bank financial institutions group global capital markets ... return for investors Housing finance has become an area of increasing importance for many institutions (linked to retail finance and construction finance), including liquid banks and finance and specialist ... role in larger business cycles because it is an interestsensitive asset, as seen during crises both in developed markets (United Kingdom, Japan, Scandinavia) and emerging markets (Mexico, Argentina,...

Ngày tải lên: 07/03/2014, 15:20