06541oam 22013334 450 991079690340332120240117184826.01-4983-9762-X1-4983-0415-X(CKB)3710000000373839(EBL)1983703(SSID)ssj0001466558(PQKBManifestationID)11834961(PQKBTitleCode)TC0001466558(PQKBWorkID)11505825(PQKB)11515816(MiAaPQ)EBC1983703(Au-PeEL)EBL1983703(CaPaEBR)ebr11027497(CaONFJC)MIL740891(OCoLC)905985521(IMF)WPIEA2015027(EXLCZ)99371000000037383920020129d2015 uf 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierAsset bubbles re-thinking policy for the age of asset management /Bradley JonesWashington, D.C. :International Monetary Fund,2015.1 online resource (60 pages)IMF Working PapersDescription based upon print version of record.1-4755-7620-X Includes bibliographical references.Cover; Abstract; Contents; I. Introduction; Figures; Figure 1. Worldwide Financial Assets and Institutional Assets; Figure 2. Bank Assets vs. Investment Firm Assets under Management; II. The 'Clean vs. Lean' Debate: A Survey; Tables; Table 1. Dimensions of the Traditional 'Clean vs. Lean' Debate; III. Theories of (In)Efficient Markets and Speculative Bubbles; A. Bubbles and the (In)Efficiency of Markets - A Review; B. Competing Models of Bubble Formation and Persistence; Table 2. Stylized Summary of Asset Pricing/Bubble Models; Figure 3. Benchmark Decomposition of Hedge Fund ReturnsFigure 4. Subjective vs. Objective Expected Returns IV. Policy Implications; Table 3. Mapping Policy Responses to Bubble Models; Figure 5. Relative 10-year Annualized Out performance of Fundamental-based Indices; V. Concluding Remarks and Future ResearchIn distilling a vast literature spanning the rational— irrational divide, this paper offers reflections on why asset bubbles continue to threaten economic stability despite financial markets becoming more informationally-efficient, more complete, and more heavily influenced by sophisticated (i.e. presumably rational) institutional investors. Candidate explanations for bubble persistence—such as limits to learning, frictional limits to arbitrage, and behavioral errors—seem unsatisfactory as they are inconsistent with the aforementioned trends impacting global capital markets. In lieu of the short-term nature of the asset owner—manager relationship, and the momentum bias inherent in financial benchmarks, I argue that the business risk of asset managers acts as strong motivation for institutional herding and ‘rational bubble-riding.’ Two key policy implications follow. First, procyclicality could intensify as institutional assets under management continue to grow. Second, remedial policies should extend beyond the standard suite of macroprudential and monetary measures to include time-invariant policies targeted at the cause (not just symptom) of the problem. Prominent among these should be reforms addressing principal-agent contract design and the implementation of financial benchmarks.IMF Working Papers; Working Paper ;No. 2015/027Asset-liability managementFinancial risk managementMonetary policyEconomic policyFinance: GeneralimfFinancial Risk ManagementimfMacroeconomicsimfFinancial Markets and the MacroeconomyimfCentral Banks and Their PoliciesimfFinancial CrisesimfInformation and Market EfficiencyimfEvent StudiesimfInternational Financial MarketsimfGeneral Financial Markets: Government Policy and RegulationimfPrice LevelimfInflationimfDeflationimfGeneral Financial Markets: General (includes Measurement and Data)imfEconomic & financial crises & disastersimfFinanceimfAsset pricesimfAsset bubblesimfAsset managementimfFinancial sector stabilityimfStock marketsimfPricesimfFinancial crisesimfAsset and liability managementimfFinancial sector policy and analysisimfFinancial marketsimfAsset-liability managementimfFinancial services industryimfStock exchangesimfUnited StatesimfAsset-liability management.Financial risk management.Monetary policy.Economic policy.Finance: GeneralFinancial Risk ManagementMacroeconomicsFinancial Markets and the MacroeconomyCentral Banks and Their PoliciesFinancial CrisesInformation and Market EfficiencyEvent StudiesInternational Financial MarketsGeneral Financial Markets: Government Policy and RegulationPrice LevelInflationDeflationGeneral Financial Markets: General (includes Measurement and Data)Economic & financial crises & disastersFinanceAsset pricesAsset bubblesAsset managementFinancial sector stabilityStock marketsPricesFinancial crisesAsset and liability managementFinancial sector policy and analysisFinancial marketsAsset-liability managementFinancial services industryStock exchanges332.10681Jones Bradley42705DcWaIMFBOOK9910796903403321Asset bubbles3735701UNINA04529nam 2200817 a 450 991078051540332120230912143640.01-283-13104-897866131310410-7748-5096-510.59962/9780774850964(CKB)2430000000000517(OCoLC)144086035(CaPaEBR)ebrary10139103(SSID)ssj0000381835(PQKBManifestationID)11253210(PQKBTitleCode)TC0000381835(PQKBWorkID)10383034(PQKB)10278821(CaPaEBR)404114(CaBNvSL)jme00326391 (Au-PeEL)EBL3412330(CaPaEBR)ebr10146894(CaONFJC)MIL313104(OCoLC)923444013(VaAlCD)20.500.12592/9sxxx2(schport)gibson_crkn/2009-12-01/2/404114(MiAaPQ)EBC3412330(MiAaPQ)EBC3246040(DE-B1597)661792(DE-B1597)9780774850964(EXLCZ)99243000000000051720040811e20041981 uy 0engurcn|||||||||txtccrCanadians behind enemy lines, 1939-1945[electronic resource] /Roy MacLaren ; with a new prefaceVancouver UBC Pressc20041 online resource (367 p.) Originally published: Vancouver : University of British Columbia Press, 1981.0-7748-1100-5 Includes bibliographical references (p. 317-320) and index.Front Matter -- Contents -- Illustrations -- Preface to the 2004 Edition -- Preface to the 1981 Edition -- Two Clandestine Organizations -- The Beginnings -- Recruitment of Canadians -- Special Operations Executive -- The First Canadian Agents into France -- Victims -- Playing the Radio Game -- The Executions -- Survivors -- The Triumph of the Aged and Redundant -- D-Day -- Assignments from Algiers -- Yugoslavia -- The Balkans and Italy -- Asia -- Sarawak -- Burma -- Malaya -- M.I.9 -- Escape and Evasion -- Dieppe and Beyond -- The Cross-Channel Ferry -- The Mediterranean and Asia -- Epilogue -- Appendix: Frogmen in Burma -- Notes -- Bibliography -- IndexDuring the Second World War, Canadians found themselves behind enemy lines in Europe and Asia. Not all were ill-fated airmen, shot down in the fury of battle. Some were there by design, as volunteers who risked their lives in extremely hazardous assignments. Almost one hundred Canadians served the Allied forces by passing as locals in occupied countries. At the behest of two British secret services, these men made language and custom their costumes and wove themselves into the social fabric of France, Italy, Yugoslavia, Hungary, Burma, Malaya, and Sarawak. They risked their lives assisting resistance groups in sabotage and ambush missions or in smuggling Allied airmen out of occupied territories. Quiet heroes of the war, these bold Canadians helped to make the brutal and unrelenting warfare of the underground a potent weapon in the Allied arsenal. Out of print for more than two decades, this bestselling book recognizes the unique contribution of these individuals to the underground war effort. It is also a study of unstinting personal courage in the face of overwhelming odds.World War, 1939-1945Secret serviceGreat BritainWorld War, 1939-1945CanadaWorld War, 1939-1945Personal narratives, CanadianSpiesCanadaBiographyGuerre mondiale, 1939-1945Service secretGrande-BretagneGuerre mondiale, 1939-1945Service secretCanadaGuerre mondiale, 1939-1945Récits personnels canadiensEspionsCanadaBiographiesWorld War, 1939-1945Secret serviceWorld War, 1939-1945World War, 1939-1945SpiesGuerre mondiale, 1939-1945Service secretGuerre mondiale, 1939-1945Service secretGuerre mondiale, 1939-1945Espions940.54/8641MacLaren Roy1503006MiAaPQMiAaPQMiAaPQBOOK9910780515403321Canadians behind enemy lines, 1939-19453760162UNINA03614oas 2201285 a 450 991033312650332120251114213013.01879-1212(DE-599)ZDB1498359-X(DE-599)1498359-X(OCoLC)39189316(CONSER) 2004233155(CKB)954925418024(EXLCZ)9995492541802419980528a19659999 sy aengurmnu||||||||txtrdacontentcrdamediacrrdacarrierJournal of stored products researchExeter, U.K. Elsevier ScienceRefereed/Peer-reviewed0022-474X J. stored prod. resJ. Stored Prod. Res.FoodStoragePeriodicalsFarm produceStorageDiseases and injuriesPeriodicalsFoodPreservationInsect pestsControlEntomologyFood PreservationInsect ControlEntomologyFood ContaminationEntomologyPeriodicalsFood ContaminationPeriodicalsFood PreservationPeriodicalsInsect ControlPeriodicalsAlimentsEntreposagePériodiquesProduits agricolesEntreposageMaladies et dommagesPériodiquesAlimentsConservationInsectes nuisiblesLutte contreEntomologieentomologyaatInsect pestsControlfast(OCoLC)fst00973994FoodPreservationfast(OCoLC)fst00930571Entomologyfast(OCoLC)fst00912735Farm produceStorageDiseases and injuriesfast(OCoLC)fst00921213FoodStoragefast(OCoLC)fst00930621Periodicals.Periodicals.fastFoodStorageFarm produceStorageDiseases and injuriesFoodPreservation.Insect pestsControl.Entomology.Food Preservation.Insect Control.Entomology.Food Contamination.EntomologyFood ContaminationFood PreservationInsect ControlAlimentsEntreposageProduits agricolesEntreposageMaladies et dommagesAlimentsConservation.Insectes nuisiblesLutte contre.Entomologie.entomology.Insect pestsControl.FoodPreservation.Entomology.Farm produceStorageDiseases and injuries.FoodStorage.OH1OH1OCLOCLCQGUAOCLCQU9SGUAOCLCQBUFAU@W2UOCLCQEUWOCLCQOCLCFOCLCQNLEOCLCOWYUUKMGBU3WVT2OCLCOOCLCAOCLCOOCLCQOCLYWSOCLCQJOURNAL9910333126503321Journal of stored products research794272UNINA