portfolio theory of international capital flows
International Capital Flows and Boom-Bust Cycles in the Asia Pacific Region +
... destination of foreign capital, which means that real economic activities in Singapore have little relationship to capital flows in and out of the country. 18 The positive effect of capital inflows ... current account imbalances are often financed by capital account, and we would like to exclude such endogenous movements of capital flows from the shocks to capital flows. Second, we condition ... example, whether capital flows generate boom-bust cycles, and whether capital flows help explain the synchronization of the business cycles in the Asian countries. Capital flows, especially...
Ngày tải lên: 24/10/2012, 09:27
Theory of rapid granular flows Isaac Goldhirsch
... number of collisions per particle (a measure of time), given by τ ≡ t 0 T 1/2 (t ) dt . The use of this measure of time renders the equations of motion linear. The three eigenvalues of this ... of the linearised Boltzmann equation, at each order in the expansion. Since the solution of equations of the type of Eq. (12.22) is determined up to the addition of an arbitrary combination of ... sheared system is of a much higher granular temperature than that expected on the basis of steady-state solutions of the corresponding hydrodynamic equations. In this case the 208 Theory of rapid granular...
Ngày tải lên: 01/11/2013, 08:20
Modeling Barriers to International Capital Flows: A Multicountry Framework
... investment portfolio (OIP). This diversified portfolio best represents a frictionless multinational portfolio. It is composed of national markets where barriers to international capital flows are ... used to identify the most significant barriers to international capital flows. These barriers are then submitted to the review of a sample of international investment experts operating in the ... common types of political risks are: o Expropriation of Assets: The government of the country where funds are invested confiscates the capital investment. o Repatriation of profits: U.S. investors...
Ngày tải lên: 08/11/2013, 23:15
The Volatility of Capital Flows in South Africa: Some Empirical Observations
... how much, and what type of capital inflow to buy. Specifically, how can the central bank make use of prior knowledge relating to the volatility and persistence of capital flows? And how would ... between the various components of South Africa’s capital account. It suggests that long-term capital, which consists primarily of bank loans, is the only form of capital that is negatively correlated ... therefore, to purchase some or most of these inflows. ?? The evidence tentatively suggests that incoming FDI may be partially offset by long- term capital outflows, possibly reflecting cover operations...
Ngày tải lên: 24/10/2012, 09:11
Tài liệu ASSESSING THE BENEFITS OF INTERNATIONAL PORTFOLIO DIVERSIFICATION IN BONDS AND STOCKS ppt
Ngày tải lên: 16/02/2014, 02:20
essays on finance, international finance and theory of firm
Ngày tải lên: 03/06/2014, 01:42
Cambridge.University.Press.The.Politics.of.Moral.Capital.Sep.2001.pdf
... not just of a particular legal and political system, but of the nation state itself, of laws as such, of whole bureaucratic structures, of whole social classes and entire categories of people ... free grant of moral capital which it is the intention of this book to analyze. For moral capital to be a political phenomenon worthy of study, we must assume that people are capable of making ... Contents Acknowledgmentspageviii Introduction1 PartIMoralcapital5 1Moralcapitalandpolitics10 2Moralcapitalandleadership27 PartIIMoralcapitalintimesofcrisis45 3AbrahamLincoln:thelong-purposedman50 4CharlesDeGaulle:themanofstorms83 PartIIIMoralcapitalanddissidentpolitics113 5NelsonMandela:themoralphenomenon118 6AungSanSuuKyi:herfather’sdaughter147 PartIVMoralcapitalandtheAmericanpresidency173 7KennedyandAmericanvirtue180 8Crisis200 9Aftermath218 10Denouement235 Epilogue255 Bibliography261 Index270 vii ...
Ngày tải lên: 21/09/2012, 11:00
The theory of financial intermediation: An essay on what it does (not) explain
... which are seen as a form of market imperfection. The mainstream theory of the firm evolved under the paradigm of the agency theory and the transaction costs theory as a theory of economic organization rather ... amendment of the existing theory of financial intermediation. The structure of this paper is as follows. First, we introduce the foundations of the modern literature of financial intermediation theory. ... review the doctrines of the theory of financial intermediation. 2 These are specifications, relevant to the financial services industry, of the agency theory, and the theory of imperfect or asymmetric...
Ngày tải lên: 24/10/2012, 09:11
Circuit theory of finance and the role of incentives in financial sector reform
... the capital ratios of the individual banks) and should be revised gradually to avoid big distortions of credit flows to particular sectors. As in the case of financial restraints, growth and portfolio ... the basis of the risk structure of their portfolios. Of course, using capital ratios as a supervisory device for monitoring and enforcing appropriate risk management requires that capital be ... same portfolio: if the asset prices show negative correlations, the capital necessary to back the overall portfolio exposure against the risk of counterparty default is less than the sum of the capital...
Ngày tải lên: 24/10/2012, 09:33
Capital Flows to Emerging Market Economies
... Components of Capital Flows Since our last update on capital flows to emerging market economies at the end of March, we have revised our projection for net private capital flows in 2005 ... advantage of low spreads to prefinance obligations due in 2006. Portfolio equity flows are also more robust than previously expected. Key features of the main categories of net private capital flows ... accounting for one-third of net flows. ” The Institute of International Finance, Inc. Capital Flows to Emerging Market Economies Page 17 September 24, 2005 over only 80 percent of its external...
Ngày tải lên: 24/10/2012, 09:33
Hydraulic modeling of open channel flows over an arbitrary 3-d surface and its applications in amenity hydraulic engineering
... profile analysis of open channel flows over a circular surface. Journal of Applied Mechanics, JSCE, Vol. 8, pp 847-854, 2005. 5. Anh T. N. and Hosoda T.: Free surface profile analysis of flows ... PROFILE ANALYSIS OF FLOWS OVER CIRCULAR SURFACE 66 6.1 Preliminary 66 6.2. Hydraulic experiment 67 6.3 Steady analysis of water surface profile 74 6.4 Unsteady characteristics of the flows ... plot of water surface in 2D simulation of Exp-1 …………….95 Figure 6.35 Carpet plot of water surface in 2D simulation of Exp-2…………… 95 Figure 6.36 Carpet plot of water surface in 2D simulation of...
Ngày tải lên: 06/11/2012, 10:35
A comparative study of discourse structures and some major linguistic features of international declarations and international conventions on human rights part 2
... RIGHTS IN COMPARISON WITH THOSE OF THE INTERNATIONAL DECLARATION 4.1 Definition of an International Convention 20 4.2 Purposes and typical legal characteristics of the International Convention on ... LINGUISTIC FEATURES OF THE INTERNATIONAL DECLARATION ON HUMAN RIGHTS 3.1 Definition of an International Declaration 10 3.2 Purposes and typical legal characteristics of the International 10 Declaration ... Structure 34 * Typical structure of an International Declaration on Human Rights 37 * Typical structure of an International Convention on Human Rights 38 * Sources of data 39 * References 40 * ANNEX...
Ngày tải lên: 07/11/2012, 14:17
A comparative study of discourse structures and some major linguistic features of international declarations and international conventions on human rights part 3
... witness thereof" appears in most Endings of Conventions. This old form might internationally be a source of confusion because of the meaning of the word "witness". People often blame ... diagrams of typical structures of the International Declaration and the International Convention on Human Rights are drawn at the end of the paper for readers to have an overall look on. Two of the ... the signature of the Members of the Council of Europe. It shall be ratified. Ratifications shall be deposited with the Secretary-General of the Council of Europe. (Articles 59.1 of European Convention...
Ngày tải lên: 07/11/2012, 14:17
A comparative study of discourse structures and some major linguistic features of international declarations and international conventions on human rights part 4
... Taking due account of the importance of the traditions and cultural values of each people for the protection and harmonious development of the child, Recognizing the importance of international ... in the spirit of international cooperation, the exchange of appropriate information in the field of preventive health care and of medical, psychological and functional treatment of disabled children, ... largest number of votes and an absolute majority of the votes of the representatives of States Parties present and voting. 6. The members of the Committee shall be elected for a term of four years....
Ngày tải lên: 07/11/2012, 14:17
Theory of stochastic local area channel modeling for wireless communications
... domain, X(f )issimplyacopyofthe spectrum ˜ X(f) shifted to a center frequency of f =+f c and a mirror copy of ˜ X(f)shifted to a center frequency of f = −f c . The operation of modulation can be defined ... coherence if the magnitude of the carrier wave does not change over a spatial displacement of the receiver. Once again, we express the condition of spatial coherence in terms of the static narrowband ... The theory is applicable to any type of wireless data transmission, regardless of bandwidth, carrier frequency, or environment of operation. The final chapters of the dissertation deal with applied...
Ngày tải lên: 20/11/2012, 11:36
NHỮNG NGUYÊN TẮC HỢP ĐỒNG THƯƠNG MẠI QUỐC TẾ PRINCIPLES OF INTERNATIONAL COMMERCIAL CONTRACTS
Ngày tải lên: 13/08/2013, 08:02