05567oam 22011054 450 991078834690332120230721045651.01-4623-4266-31-4527-5512-41-282-84274-997866128427401-4518-7200-3(CKB)3170000000055204(EBL)1608180(SSID)ssj0000941192(PQKBManifestationID)11525485(PQKBTitleCode)TC0000941192(PQKBWorkID)10963700(PQKB)11513327(OCoLC)650279547(MiAaPQ)EBC1608180(IMF)WPIEE2009052(EXLCZ)99317000000005520420020129d2009 uf 0engtxtccrGlobal Liquidity, Risk Premiums and Growth Opportunities /Gianni De Nicolo, Iryna IvaschenkoWashington, D.C. :International Monetary Fund,2009.1 online resource (45 p.)IMF Working Papers"March 2009".1-4519-1635-3 Includes bibliographical references.Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Liquidity Indicators: Theory and Measurement; A. A simple model of liquidity; B. Measurement; III. Liquidity Indicators: Evidence; A. Data; B. Descriptive Statistics; 1. Global Liquidity Indicators; 2. G-7 Equity and Bond Liquidity Indicators; 3. Emerging Markets Liquidity Indicators: Latin America; 4. Emerging Markets Liquidity Indicators: Asia; 5. Emerging Markets Liquidity Indicators: Europe; 6. Liquidity Indicators: Mean and Standard Deviation; C. Dynamics and Co-Movements; 7. Liquidity Indicators: Trend Coefficients1. Fixed Effect Panel Regressions 2. Liquidity Indicators: Dynamics of Cross Sectional Variances; 8. Liquidity Indicators: Correlations; D. Systemic Liquidity Shocks; 9. Indicators of Global Systemic Liquidity Shocks; 3. Bi-variate VAR of Global Equity and Bond Systemic Liquidity Shocks; IV. Liquidity and bond premiums; A. Advanced Economies; 4. Government Bond Spreads and Liquidity: Advanced Economies; B. Emerging Economies; 5. EMBI Spreads and Liquidity: Emerging Economies; V. Liquidity and growth opportunities; 6. Price-Earning (PE) Ratios and Liquidity; VI. Conclusion; ReferencesFootnotesThis paper constructs new indicators of liquidity for equity, bond and money markets in major advanced and emerging market countries, documents their evolution and comovements, and assesses the extent to which such measures are determinants of selected spreads and proxy measures of countries' growth opportunities. Three main results obtain. First, there is evidence of an historical increase in market liquidity since the early 1990s, in part as a result of advances in international financial integration, but markets have been increasingly exposed to global systemic liquidity shocks. Second, liquidity indicators appear to be important determinants of bond spreads in advanced economies and EMBI spreads in emerging markets. Third, improvements in market liquidity have significant real effects, as liquidity indicators have a significant positive impact on proxy measures of countries' growth opportunities.IMF Working Papers; Working Paper ;No. 2009/052Liquidity (Economics)Risk managementEconomic developmentFinance: GeneralimfFinancial Aspects of Economic IntegrationimfInternational Financial MarketsimfPortfolio ChoiceimfInvestment DecisionsimfGeneral Financial Markets: General (includes Measurement and Data)imfFinanceimfLiquidity indicatorsimfLiquidityimfStock marketsimfSecurities marketsimfInternational liquidityimfLiquidity managementimfAsset and liability managementimfFinancial marketsimfEconomicsimfStock exchangesimfCapital marketimfInternational financeimfUnited StatesimfLiquidity (Economics)Risk management.Economic development.Finance: GeneralFinancial Aspects of Economic IntegrationInternational Financial MarketsPortfolio ChoiceInvestment DecisionsGeneral Financial Markets: General (includes Measurement and Data)FinanceLiquidity indicatorsLiquidityStock marketsSecurities marketsInternational liquidityLiquidity managementAsset and liability managementFinancial marketsEconomicsStock exchangesCapital marketInternational finance332.1332.10688De Nicolo Gianni375199Ivaschenko Iryna1464023International Monetary Fund.Research Dept.DcWaIMFBOOK9910788346903321Global Liquidity, Risk Premiums and Growth Opportunities3716520UNINA03271nam 2200637 450 991082807550332120230124192557.00-8195-7428-7(CKB)3710000000089518(EBL)1635427(SSID)ssj0001112177(PQKBManifestationID)12503508(PQKBTitleCode)TC0001112177(PQKBWorkID)11158811(PQKB)11617938(MiAaPQ)EBC1635427(OCoLC)870950859(MdBmJHUP)muse33556(Au-PeEL)EBL1635427(CaPaEBR)ebr10840153(EXLCZ)99371000000008951820140304h20142014 uy 0engur|n|---|||||txtccrGreen planets ecology and science fiction /edited by Gerry Canavan and Kim Stanley Robinson ; designed by Mindy Basinger HillMiddletown, Connecticut :Wesleyan University Press,2014.©20141 online resource (313 p.)Includes index.0-8195-7426-0 Cover; GREEN PLANETS; Title; Copyright; Dedication; CONTENTS; Preface; Introduction: If This Goes On; PART 1 Arcadias and New Jerusalems; 1 Extinction, Extermination, and the Ecological Optimism of H. G. Wells; 2 Evolution and Apocalypse in the Golden Age; 3 Daoism, Ecology, and World Reduction in Le Guin's Utopian Fictions; 4 Biotic Invasions: Ecological Imperialism in New Wave Science Fiction; PART 2 Brave New Worlds and Lands of the Flies; 5 "The Real Problem of a Spaceship Is Its People": Spaceship Earth as Ecological Science Fiction; 6 The Sea and Eternal Summer: An Australian Apocalypse7 Care, Gender, and the Climate-Changed Future: Maggie Gee's The Ice People8 Future Ecologies, Current Crisis: Ecological Concern in South African Speculative Fiction; 9 Ordinary Catastrophes: Paradoxes and Problems in Some Recent Post-Apocalypse Fictions; 10 "The Rain Feels New": Ecotopian Strategies in the Short Fiction of Paolo Bacigalupi; 11 Life after People: Science Faction and Ecological Futures; 12 Pandora's Box: Avatar, Ecology, Thought; 13 Churning Up the Depths: Nonhuman Ecologies of Metaphor in Solaris and "Oceanic"; Afterword: Still, I'm Reluctant to Call This PessimismOf Further InterestAbout the Contributors; IndexEssays exploring the relationship between environmental disaster and visions of apocalypse through the lens of science fictionScience fictionHistory and criticismEcofictionHistory and criticismEcology in literatureEnvironmentalism in literatureScience fictionHistory and criticism.EcofictionHistory and criticism.Ecology in literature.Environmentalism in literature.809.3/876209336Canavan Gerry1642833Robinson Kim Stanley1686692Hill Mindy Basinger1686690MiAaPQMiAaPQMiAaPQBOOK9910828075503321Green planets4059659UNINA