... circumstances and priorities of the Reserve Bank and the thrust of policy measures for the future Faced with multiple tasks and a complex mandate, the Reserve Bank emphasises clear and structured ... research (policy and operations), education and training of senior bankers and development finance administrators, and consultancy to the banking and financial sectors Publication of books and journals ... policy and ensuring development and oversight of secure and robust payment and settlement systems 10 The last one -and- a-half decades have also seen growing integration of the national economy and...
Ngày tải lên: 16/02/2014, 10:20
... issues; future domestic demand in light of uncertainty about job prospects, future foreign demand given uncertainty about exchange rates and protectionism, and uncertainty as to how ... both “right”. It is simply a fact that the economy does have both a demand side and a supply side. It is also a fact that policy actions do have both near term and longer term implications. Thus, demand side stimulus might well ... Such concerns have been expressed in the various country reviews organized by the Economic and Development Review Committee of the OECD. Australia, New Zealand, Canada, the Scandinavian countries and a number of others all seem to be exposed in this regard. ...
Ngày tải lên: 22/03/2014, 23:20
The direct and indirect effects of times of visits, length of stay, push and pull factors on tourist loyalty through the mediation of tourist destination satisfaction
... Variables PUSH Cronbach’s Corrected Cronbach's Alpha Item-Total Alpha Correlation Item Deleted Items if Deleted PUSH 703 PUSH PUSH PUSH PUSH 500 632 PUSH 503 637 PUSH 487 640 PUSH 479 651 PULL PULL ... because they are pushed and pulled to so (Baloglu and Uysal, 1996) The concept of push and pull travel motivation has become one of the most popular and useful frameworks to study and analyze tourist ... PUSH 500 632 PUSH 503 637 PUSH 487 640 PUSH 479 651 PULL PULL 639 PULL PULL PULL PULL PULL 489 521 PULL 422 568 PULL 387 592 PULL 386 598 SATISFACTION 728 S2 S3 S4 37 Relationship Between Number...
Ngày tải lên: 22/10/2015, 13:43
biosensor technology technology push versus market pull
... shrinking to micron and nanosize, other analytical instruments have also become smaller and smaller or even portable and are equipped with more robust and powerful data acquisition and processing ... each well and the entire plate can be read within fifteen s This standard microtiter plate format can be easily integrated with other robotic systems for sampling and data output 497 quick and easy ... is worth about $578 US billion and the demand for biosensors to detect pathogens and pollutants in foodstuffs is expected to grow in the near future (Alocilja and Radke, 2003) The total market...
Ngày tải lên: 19/03/2014, 16:47
Báo cáo khoa học: "Differential diagnosis of Salmonella gallinarum and S. pullorum using PCR-RFLP" docx
Ngày tải lên: 07/08/2014, 15:20
Upper and Lower Bounds on Put Option
... call and put options with the exercise price £12 are trading at £3 and £6 respectively The stock price is £8 and interest rate is 5% Show that there exists arbitrage opportunity Solution: The Put- Call ... call and put options with the exercise price £12 are trading at £3 and £6 respectively The stock price is £8 and interest rate is 5% Show that there exists arbitrage opportunity Solution: The Put- Call ... one put option for P0 (write the put option) • sell one share for S0 (short position) Sergei Fedotov (University of Manchester) 20912 2010 4/8 Proof of Put- Call Parity The value of European put...
Ngày tải lên: 29/10/2013, 18:05
Tài liệu Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board, Washington, D.C.: Interest Rate Risk and Bank Equity Valuations doc
... example, DeYoung and Roland [2001] and Stiroh [2004] In what follows, we refer to both BHCs and commercial banks simply as “banks” and note the distinction between a holding company and an individual ... Federal Reserve Board E-mail: william.b.english@frb.gov † Division of Research & Statistics, Federal Reserve Board E-mail: skander.j.vandenheuvel@frb.gov ‡ Division of Monetary Affairs, Federal Reserve ... Emre Yoldas, Hao Zhou, and seminar participants at the IMF, the Federal Reserve Board, the 2011 Federal Reserve Day-Ahead Conference on Financial Markets and Institutions, and University of Ljubljana...
Ngày tải lên: 17/02/2014, 03:20
Credit Growth and the Effectiveness of Reserve Requirements and Other Macroprudential Instruments in Latin America pdf
... instrument, especially at time of stress and in the context of a dollarized economy (Leon and Quispe, 2010) Using data for Brazil, Evandro and Takeda (2011) and Glocker and Towbin (2012b) have analyzed ... Drehmann, and others (2010) and Peydró-Alcalde and other (2011) For a study on dynamic provisions see Chan-Lau (2011) See Gray (2011) for a complementary and recent discussion of the motives and use ... exchange risk in on- and offbalance sheet foreign-exchangedenominated assets and liabilities Measure to facilitate capital outflows and ease pressure on the currency, domestic demand, and consumer prices...
Ngày tải lên: 06/03/2014, 04:21
Master Circular - Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) docx
... 2.5 Introduction Cash Reserve Ratio (CRR) Maintenance of CRR Incremental CRR Computation of Demand and Time Liabilities (DTL) Demand Liabilities Time Liabilities Other Demand and Time Liabilities ... (Rule 13 A) (Section 18 and 24) Name of the banking company: Name and designation of the officer submitting the return: Statement of demand and time liabilities and cash, gold and unencumbered approved ... others' and will be subject to reserve requirements Upper Tier II instruments raised and maintained abroad shall be reckoned as liability for the computation of DTL for the purpose of reserve...
Ngày tải lên: 06/03/2014, 10:20
Data Management Problems and Reliance on Self-Reported Data for Compliance Efforts Put MMS Royalty Collections at Risk doc
... oil and natural gas (hereafter oil and gas) from federal lands and waters In fiscal year 2007, Interior’s Minerals Management Service (MMS) collected over $9 billion in oil and gas royalties and ... that it is receiving full compensation for oil and gas produced from federal lands and waters because Interior’s Bureau of Land Management (BLM) and Offshore Minerals Management (OMM) are not ... that develop and produce federal oil and gas resources from federal lands and waters so under leases obtained and administered by Interior—BLM for onshore leases and MMS’s Offshore Minerals Management...
Ngày tải lên: 08/03/2014, 14:20
Preferences of the Central Reserve Bank of Peru and optimal monetary policy rules in the inflation targeting regime ppt
... for inflation stabilization and for exchange rate depreciation and a lesser preference for the output gap In the same vein as Cecchetti and Krause (2001) and Cecchetti and Ehrmann (1999), Bejarano ... further details, see Castelnuevo and Surico (2003), Collins and Skilos (2004), Castelnuevo (2004) and Silva and Portugal (2009) 12 every possible combination of λπ and λ y on the interval 0.001 ... assumed to follow a random walk, the estimation was based only on the demand and aggregate supply, and terms of trade Two dummy variables were included in the aggregate demand equation The first...
Ngày tải lên: 15/03/2014, 14:20
WORKING PAPER NO. 192 IS THE EUROPEAN CENTRAL BANK (AND THE UNITED STATES FEDERAL RESERVE) PREDICTABLE? pptx
... among others, Roley and Sellon (1998), Poole and Rasche (2001), Kuttner (2001), Poole, Rasche and Thornton (2002), Cochrane and Piazzesi (2002); For the Bank of England, Haldane and Read (1999); ... conditions, decisions, and actions is made accessible, visible, and understandable” This definition is broadly in line with Winkler (2000), where transparency is (“broadly and loosely”) defined ... the “degree of genuine understanding of the monetary policy process and policy decisions by the public” Several authors (Eijffinger and Geraats (2002), Gerbach and Hahn (2002)) have useful discussions...
Ngày tải lên: 15/03/2014, 14:20
Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector doc
... inputs both in the formation of SHGs and JLGs as also in the imparting of skill development and training and generally in handholding after the group is formed This would be in addition to and ... and the loans will not put borrowers at significant risk of over-indebtedness c) Capacity Building and empowerment The commitment to capacity building and empowerment through skill training and ... zeal and motivation but that there is evidence that in recent times, this handholding is conspicuous by its absence in both the SBLP and the MFI model Groups formed without professional inputs and...
Ngày tải lên: 15/03/2014, 14:20
Central Bank Balances and Reserve Requirements pptx
... Eurosystem: Pattern of Reserve Fulfillment 38 Australia: Level of Reserves 39 Boxes Reserve Base and Reserve Ratios 48 Appendices I Impact of Reserve Requirements ... Interest Rate Spreads 43 II Reserve Requirements and Liquidity 44 III The European Central Bank Reserve Base and Reserve Ratios 45 IV Bank of England Definition of Eligible Liabilities ... Interest on agreed reserves Interest on excess reserves Interest on required reserves London Interbank Offered Rate Open market operations Reserve maintenance period Required reserves Standing facility...
Ngày tải lên: 15/03/2014, 14:20
Federal Reserve Bank of Minneapolis Quarterly Review: Money and Interest Rates docx
... two situations, see Alvarez, Lucas, and Weber 2001 References Alvarez, Fernando; Atkeson, Andrew; and Kehoe, Patrick J Forthcoming Money, interest rates, and exchange rates with endogenously ... Fernando; Lucas, Robert E., Jr.; and Weber, Warren E 2001 Interest rates and inflation American Economic Review 91 (May): 219–25 Bernanke, Ben S., and Mihov, Ilian 1998 The liquidity effect and ... Australia Austria Belgium Canada Denmark Finland France Germany Ireland Italy Japan Netherlands New Zealand Norway Portugal South Africa Spain Switzerland United States Developing Fiji Honduras...
Ngày tải lên: 22/03/2014, 23:20
Past and Future - Insights for Reserve Component Use potx
... Army National Guard, the Army Reserve, the Naval Reserve, the Marine Corps Reserve, the Air National Guard, the Air Force Reserve, and the Coast Guard Reserve Indeed, reserve support multiplied ... bringing together active and reserve personnel under one commander 14 Past and Future: Insights for Reserve Component Use tain the unit’s Commander in Title 32 status and provide him with the ... research, models and data, and other expertise in homeland security; traditional warfighting missions across a full spectrum of operations; active and reserve force organization and management;...
Ngày tải lên: 23/03/2014, 01:20
Reserve Recruiting and the College Market - Is a New Educational Benefit Needed doc
... as the reserve components adjust to the demands of homeland security and the war on terrorism, international peacekeeping efforts, and the DoD’s desire to more fully integrate the reserve and active ... Defense for Personnel and Readiness and conducted within the Forces and Resources Policy Center of the RAND National Defense Research Institute, a federally funded research and development center ... to thank Dr John Winkler, the Deputy Assistant Secretary of Defense for Reserve Affairs (Manpower and Personnel) for his sponsorship of our project and his input to this research - xvii - ABBREVIATIONS...
Ngày tải lên: 23/03/2014, 02:20
SEIGNIORAGE, RESERVE REQUIREMENTS AND BANK SPREADS IN BRAZIL pptx
... elasticity of demand for credit and on the elasticity of supply of deposits (Hanson and Rocha, 1986) Reserve requirements can also drive a wedge between borrowing and lending rates and thus act as ... depositors allocate their money holdings between currency, demand deposits, and time deposits (McKinnon and Mathieson, 1981) Between 1969 and 1993, reserve requirements on time deposits in Brazil were ... non-interest bearing demand deposits Reserve requirements represented a tax on these profits But after 1975 and until mid-1994, 55 percent of reserve requirements on demand deposits could be held...
Ngày tải lên: 29/03/2014, 13:20
Federal Reserve Bank of New York Staff Reports: Bank Liquidity, Interbank Markets, and Monetary Policy pptx
... Ashcraft, McAndrews, and Skeie (2008) examine a model of the interbank market with credit and participation frictions that can explain their empirical …ndings of reserves hoarding by banks and extreme ... respectively, where bank j’ demand to borrow from other banks is Mf and from the s ijD i i central bank (in currency) is Mo ; and where Rf and Ro are the returns on interbank loans and central bank loans, ... where c1 (P ) and cij (P ) are given by (41) and (42), respectively An equilibrium is de…ned as goods market prices and quantities (P; q1 ; q2 ), deposit and ij i loan returns and quantities...
Ngày tải lên: 29/03/2014, 13:20
Using JavaTM ME Platform to Put the Fun into Your Mobile Device and Cell Phone pdf
... Command exitCommand = new Command("Exit", Command.EXIT, 99); /** * The Command objects appear as buttons in this example */ private Command toggleCommand = new Command("Toggle Msg", Command.SCREEN, ... Initialize the canvas and the commands */ public Hello() { myCanvas = new HelloCanvas(); myCanvas.addCommand(exitCommand); myCanvas.addCommand(toggleCommand); // you set one command listener to listen ... -// command fields /** * The button to exit the game */ private Command myExitCommand = new Command("Exit", Command.EXIT, 99); /** * The command to create a new maze (This command may appear...
Ngày tải lên: 27/06/2014, 09:20