Download or read book Leverage A Broader View written by Mr.Manmohan Singh and published by International Monetary Fund. This book was released on 2018-03-19 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional measures of leverage in the financial system tend to reflect bank balance sheet data. The paper argues that these traditional, bank-centric measures should be augmented by considering pledged collateral in the financial system since pledged collateral provides a measure of an important part of nonbank funding to banks. From a policy perspective, the paper suggests that a broader view on leverage will enhance our understanding of global systemic risk, and complement the theoretical work in this field by providing a link from micro-level leverage data to macro aggregates such as credit to the economy.
Download or read book Leverage What Leverage A Deep Dive into the U S Flow of Funds in Search of Clues to the Global Crisis written by Mr.Ashok Vir Bhatia and published by International Monetary Fund. This book was released on 2012-06-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper questions the view that leverage should have forewarned us of the global financial crisis of 2007-09, pointing to several gearing indicators that were neither useful portents of the onset of the crisis nor of its ferocity. Instead it shows, first, that the use of ill-suited collateral in the secured funding operations of U.S.-based investment banks was the fatal link between the collapse of structured finance and the global malfunction of funding markets that turbocharged the downdraft; and, second, that this insight (and others) can be decrypted from the Flow of Funds Accounts of the United States.
Download or read book The Handbook of Global Shadow Banking Volume II written by Luc Nijs and published by Springer Nature. This book was released on 2020-06-30 with total page 759 pages. Available in PDF, EPUB and Kindle. Book excerpt: This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critical factor in causing the 2007-2009 financial crisis. This second volume explores three particular domains of shadow banking. The first domain deals with the macro-economic fundamentals of the respective shadow banking segments: Why do they exist, what problems do they solve and why are some of their embedded risks so persistent? The second domain captures the global dimensions of shadow banking markets, reviewing the particularities and specifics of various shadow banking systems around the world. Volume II concludes with an extensive overview of how the sector has changed since the financial crisis, focusing on regulatory arbitrage, contract imperfection and governance. Closing on unresolved issues and open-ended questions that will no doubt remain prominent in the shadow banking sector for years to come, this handbook is a must-read for professionals and policy-makers within the banking sector, as well as those researching economics and finance.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book The Broader View of Suicide written by Said Shahtahmasebi and published by Cambridge Scholars Publishing. This book was released on 2020-03-20 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: Suicide is a leading cause of death globally and the second biggest cause of death in young people. Over 800,000 people commit suicide annually. While many approaches to suicide prevention have been proposed, the only ones to show even limited success are those at the grassroots level; involving everyone, from parents to teachers, health care providers and the community as a whole. This book explores both current and outdated perceptions of suicide and presents a number of novel approaches and tools to prevent suicide.
Download or read book Tax Policy Leverage and Macroeconomic Stability written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2016-12-10 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risks to macroeconomic stability posed by excessive private leverage are significantly amplified by tax distortions. ‘Debt bias’ (tax provisions favoring finance by debt rather than equity) has increased leverage in both the household and corporate sectors, and is now widely recognized as a significant macroeconomic concern. This paper presents new evidence of the extent of debt bias, including estimates for banks and non-bank financial institutions both before and after the global financial crisis. It presents policy options to alleviate debt bias, and assesses their effectiveness. The paper finds that thin capitalization rules restricting interest deductibility have only partially been able to address debt bias, but that an allowance for corporate equity has generally proved effective. The paper concludes that debt bias should feature prominently in countries’ tax reform plans in the coming years.
Download or read book Geological Storage of Carbon Dioxide CO2 written by J Gluyas and published by Elsevier. This book was released on 2013-11-23 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geological storage and sequestration of carbon dioxide, in saline aquifers, depleted oil and gas fields or unminable coal seams, represents one of the most important processes for reducing humankind’s emissions of greenhouse gases. Geological storage of carbon dioxide (CO2) reviews the techniques and wider implications of carbon dioxide capture and storage (CCS). Part one provides an overview of the fundamentals of the geological storage of CO2. Chapters discuss anthropogenic climate change and the role of CCS, the modelling of storage capacity, injectivity, migration and trapping of CO2, the monitoring of geological storage of CO2, and the role of pressure in CCS. Chapters in part two move on to explore the environmental, social and regulatory aspects of CCS including CO2 leakage from geological storage facilities, risk assessment of CO2 storage complexes and public engagement in projects, and the legal framework for CCS. Finally, part three focuses on a variety of different projects and includes case studies of offshore CO2 storage at Sleipner natural gas field beneath the North Sea, the CO2CRC Otway Project in Australia, on-shore CO2 storage at the Ketzin pilot site in Germany, and the K12-B CO2 injection project in the Netherlands. Geological storage of carbon dioxide (CO2) is a comprehensive resource for geoscientists and geotechnical engineers and academics and researches interested in the field. Reviews the techniques and wider implications of carbon dioxide capture and storage (CCS) An overview of the fundamentals of the geological storage of CO2 discussing the modelling of storage capacity, injectivity, migration and trapping of CO2 among other subjects Explores the environmental, social and regulatory aspects of CCS including CO2 leakage from geological storage facilities, risk assessment of CO2 storage complexes and the legal framework for CCS
Download or read book Ambient Assistive Health and Wellness Management in the Heart of the City written by Mokhtari Mounir and published by Springer Science & Business Media. This book was released on 2009-06-22 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 7th International Conference On Smart Homes and and Health Telematics, ICOST 2009, held in Tours, France, in July 2009. The 27 revised full papers and 20 short papers presented were carefully reviewed and selected from numerous submissions. The papers are organized in topical sections on cognitive assistance and chronic diseases management; ambient living systems; service continuity and context awareness; user modeling and human-machine interaction; ambient intelligence modeling and privacy issues, human behavior and activities monitoring.
Download or read book International Convergence of Capital Measurement and Capital Standards written by and published by Lulu.com. This book was released on 2004 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cracking the Code Leveraging Consumer Psychology to Drive Profitability written by Steven S. Posavac and published by Routledge. This book was released on 2015-02-12 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unique contribution of Cracking the Code is its spotlight on how the knowledge of consumer psychology principles can be used to improve managerial decision making and organizational performance. Research on consumer behavior typically has a narrow focus and does not offer reliable and practical direction for marketers. Taken collectively, however, the conclusions of research streams can provide valuable information from which managers can base their decisions. The contributing authors of Cracking the Code offer a set of rules for managerial action that has been distilled from reviews of research areas in which they are experts. The book contains systematic, prescriptive advice based on state-of-the-art knowledge from multiple research lines regarding how consumers think and choose. The chapters cover fundamental topics such as new product management, marketing mix strategy, marketing communications and advertising, social media, and experiential marketing.
Download or read book Finance and Strategy written by and published by Emerald Group Publishing. This book was released on 2014-09-23 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The boundaries between CEO and CFO are blurred in the fields of strategy and finance. This volume fills this gap by discussing the main subdivisions of strategy research - corporate strategy and business strategy - and the main subdivisions of finance research - corporate finance and capital markets.
Download or read book Systemic Risk in the Financial Sector written by Douglas W. Arner and published by McGill-Queen's Press - MQUP. This book was released on 2019-10-02 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: In late 2008, the world's financial system was teetering on the brink of systemic collapse. While the impacts of the global financial crisis would be felt immediately, at every level of the economy, it would also send years-long aftershocks through investment, banking and regulatory circles worldwide. More than a decade after the worst year of the global financial crisis, what has been learned from its harsh lessons? Are governments and regulators more prepared for another financial system failure that would significantly affect the real economy? What may be the potential triggers for such a collapse to occur in the future? Systemic Risk in the Financial Sector: Ten Years after the Great Crash draws on some of the world's leading experts on financial stability and regulation to examine and critique the progress made since 2008 in addressing systemic risk. The book covers topics such as central banks and macroprudential policies; fintech; regulators' perspectives from the United States and the European Union; the logistical and incentive challenges that impede standardization and collection; clearing houses and systemic risk; optimal resolution and bail-in tools; and bank leverage, welfare and regulation. Drawing on experts across disciplines — including Howell Jackson, John Geanakoplos, Charles Goodhart, Anat Admati, Roberta Romano and Martin Hellwig — Systemic Risk in the Financial Sector is the definitive guide to understanding the global financial crisis, the safeguards being put into place to try to avoid similar crises in the future, and the limitations of those safeguards.
Download or read book Leverage Leadership written by Paul Bambrick-Santoyo and published by John Wiley & Sons. This book was released on 2012-06-06 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Bambrick-Santoyo (Managing Director of Uncommon Schools) shows leaders how they can raise their schools to greatness by following a core set of principles. These seven principles, or "levers," allow for consistent, transformational, and replicable growth. With intentional focus on these areas, leaders will leverage much more learning from the same amount of time investment. Fundamentally, each of these seven levers answers the core questions of school leadership: What should an effective leader do, and how and when should they do it. Aimed at all levels of school leadership, the book is for any principal, superintendent, or educator who wants to be a transformational leader. The book includes 30 video clips of top-tier leaders in action. These videos bring great schools to you, and support a deeper understanding of both the components of success and how it looks as a whole. There are also many helpful rubrics, extensive professional development tools, calendars, and templates. Explores the core principles of effective leadership Author's charter school, North Star Academy in Newark, New Jersey, received the highest possible award given by the U.S. Department of Education; the National Blue Ribbon Print version includes an instructive DVD with 30 video clips to show how it looks in real life. E-book customers: please note that details on how to access the content from the DVD may be found in the e-book Table of Contents. Please see the section: "How to Access DVD Contents" Bambrick-Santoyo has trained more than 1,800 school leaders nationwide in his work at Uncommon Schools and is a recognized expert on transforming schools to achieve extraordinary results.
Download or read book Rethinking Social Inquiry written by Henry E. Brady and published by Rowman & Littlefield. This book was released on 2004 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Rethinking Social Inquiry' offers a cohesive set of reflections on the quest for common standards drawn from quantitative methodology. The contributors argue that these standards must be drawn from exemplary qualitative research as well as the best quantitative studies.
Download or read book Congress Parties Puzzles written by Richard Forgette and published by Peter Lang. This book was released on 2004 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is congressional politics a team sport? The rise of congressional partisanship poses several puzzles for those seeking to understand how Congress works. This book reveals and assesses these puzzles, notably, why would self-elected members delegate power to leaders? Why has congressional partisanship risen without any comparable change in electoral partisanship? Why would copartisans support party positions if leaders cannot enforce compliance? Finally, what are the effects of congressional parties? Congress, Parties, & Puzzles combines a strong theoretical framework with engaging illustrations and case studies so students can think more critically about how parties affect Congress and how voters should assess their elected officials.
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book A Pragmatist s Guide to Leveraged Finance written by Robert S. Kricheff and published by FT Press. This book was released on 2012-02-27 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The high-yield leveraged bond and loan market (“junk bonds”) is now valued at $3+ trillion in North America, €1 trillion in Europe, and another $1 trillion in emerging markets. What’s more, based on the maturity schedules of current debt, it’s poised for massive growth. To successfully issue, evaluate, and invest in high-yield debt, however, financial professionals need credit and bond analysis skills specific to these instruments. Now, for the first time, there’s a complete, practical, and expert tutorial and workbook covering all facets of modern leveraged finance analysis. In A Pragmatist’s Guide to Leveraged Finance, Credit Suisse managing director Bob Kricheff explains why conventional analysis techniques are inadequate for leveraged instruments, clearly defines the unique challenges sellers and buyers face, walks step-by-step through deriving essential data for pricing and decision-making, and demonstrates how to apply it. Using practical examples, sample documents, Excel worksheets, and graphs, Kricheff covers all this, and much more: yields, spreads, and total return; ratio analysis of liquidity and asset value; business trend analysis; modeling and scenarios; potential interest rate impacts; evaluating and potentially escaping leveraged finance covenants; how to assess equity (and why it matters); investing on news and events; early stage credit; and creating accurate credit snapshots. This book is an indispensable resource for all investment and underwriting professionals, money managers, consultants, accountants, advisors, and lawyers working in leveraged finance. In fact, it teaches credit analysis skills that will be valuable in analyzing a wide variety of higher-risk investments, including growth stocks.
