00833cam0 2200241 450 E60020003368020200722084345.020080129d2007 |||||ita|0103 baengUS<<The >>world map, 1300-1492the persistence of tradition and transformationEvelyn EdsonBaltimoreThe Johns Hopkins University Press2007IX, 300 p., fig.23 cmEdson, EvelynA600200046163070144614ITUNISOB20200722RICAUNISOBUNISOB910137165E600200033680M 102 Monografia moderna SBNM910000940Si137165acquistopomicinoUNISOBUNISOB20080129082351.020200521100929.0AlfanoWorld map, 1300-14921683893UNISOB01175nam a2200253 i 4500991002026419707536130416e2005 it a 000 0 ita b14109086-39ule_instDip.to di Storia, Società e Studi sull'Uomo - Sez. Studi Storiciita781.91 Beni musicali e piccoli musei :atti del convegno tenuto a Taranto il 31 marzo e il 2 aprile 2004 /a cura di Francesco Spada[S.l. :s.n.], stampa 2005(Taranto :Tipografia La due mari)154 p. :ill. ;24 cm.In testa al front.: Amministrazione comunale di Montemesola Contiene il catalogo degli strumenti musicali antichi della Collezione SpadaStrumenti musicaliCollezioniMontemesolaCollezione SpadaCataloghiSpada, Francesco.b1410908602-04-1416-04-13991002026419707536LE023 781.91 BEN 1 112023000161180le023gE15.00-no 01010.i1550030516-04-13Beni musicali e piccoli musei264458UNISALENTOle02316-04-13ma -itait 0007069oam 22014774 450 991015501370332120250426110042.09781475554137147555413397814755542051475554206(CKB)3710000000973028(MiAaPQ)EBC4867568(Au-PeEL)EBL4867568(CaPaEBR)ebr11391092(CaONFJC)MIL974472(OCoLC)964526216(IMF)WPIEA2016217WPIEA2016217(EXLCZ)99371000000097302820020129d2016 uf 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierFinancial Sector Debt Bias /Oana Luca, Alexander Tieman1st ed.Washington, D.C. :International Monetary Fund,2016.1 online resource (29 pages)IMF Working Papers9781475552805 1475552807 Cover -- Contents -- I. Introduction -- II. Analyzing the oil market using a multi-country model -- A. The GVAR-Oil model -- B. Effects of a fall in oil prices -- III. Analyzing oil price changes using monthly data -- A. Has the relationship between real oil and equity prices been stable over time? -- B. Are lower oil prices beneficial for the U.S. and the world economy? -- IV. How do global oil supplies respond to lower oil prices? -- V. Concluding Remarks -- References -- Figures -- 1. Nominal and Real (2015 U.S. dollars) WTI Oil Prices -- 2. Effects of Lower Oil Prices on Global Real Equity Prices, Long-Term Interest Rates, and Real GDP -- 3. Effects of Lower Oil Prices on Long-Term Interest Rates in Various Countries -- 4. Effects of Lower Oil Prices on Inflation in Various Countries -- 5. Effects of Lower Oil Prices on Real GDP in Various Countries -- 6. U.S. Oil Production (1000 barrels/day) -- 7. Real Oil Prices and Real US Equity Prices (S& -- P 500), 1946M1-2016M3 -- 8. Rolling Estimates of the Effects of Changes in Oil Prices on Equity Prices -- 9. Real Oil Prices and Real Dividends (S& -- P 500), 1946M1-2016M3 -- 10. Rolling Estimates of the Effects of Changes in Oil Prices on Real Dividends -- 11. Monthly Oil Production for Iran, Iraq, Russia, Saudi Arabia, and the US (1000 barrels/day) -- Tables -- 1. Countries and Regions in the GVAR-Oil Model -- 2. Correlations between Changes in Real Oil Prices, Equity Prices and Dividends -- 3. Estimates of the Long-run Coefficients of Real Oil Prices based on Various ARDL Regressions and Sub-samples, 1970M1-2016M4.Most tax systems create a tax bias toward debt finance. Such debt bias increases leverage and may negatively affect financial stability. This paper models and estimates debt bias in the financial sector, and present novel estimates for investment banks and non-bank financial intermediaries such as finance and insurance companies. We find debt bias to be pervasive, explaining as much as 10 percent of total leverage for regular banks and 20 percent for investment banks, with the effects most pronounced before the global financial crisis. Going forward, debt bias is likely to once again gain prominence as a key driver of leverage decisions, underscoring the importance of policy reform at this juncture.IMF Working Papers; Working Paper ;No. 2016/217Banks and BankingimfInvestments: EnergyimfInvestments: StocksimfMacroeconomicsimfIndustries: EnergyimfTime-Series ModelsimfDynamic Quantile RegressionsimfDynamic Treatment Effect ModelsimfDiffusion ProcessesimfState Space ModelsimfGeneral Aggregative Models: Forecasting and SimulationimfBusiness FluctuationsimfCyclesimfInternational Business CyclesimfMacroeconomic Aspects of International Trade and Finance: Forecasting and SimulationimfEconomywide Country Studies: U.SimfCanadaimfEnergy and the MacroeconomyimfEnergy: Demand and SupplyimfPricesimfEnergy: GeneralimfMacroeconomics: ProductionimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfInterest Rates: Determination, Term Structure, and EffectsimfInvestment & securitiesimfPetroleum, oil & gas industriesimfFinanceimfOil pricesimfOilimfOil productionimfStocksimfLong term interest ratesimfCommoditiesimfProductionimfFinancial institutionsimfFinancial servicesimfPetroleum industry and tradeimfInterest ratesimfUnited StatesimfBanks and BankingInvestments: EnergyInvestments: StocksMacroeconomicsIndustries: EnergyTime-Series ModelsDynamic Quantile RegressionsDynamic Treatment Effect ModelsDiffusion ProcessesState Space ModelsGeneral Aggregative Models: Forecasting and SimulationBusiness FluctuationsCyclesInternational Business CyclesMacroeconomic Aspects of International Trade and Finance: Forecasting and SimulationEconomywide Country Studies: U.S.CanadaEnergy and the MacroeconomyEnergy: Demand and SupplyPricesEnergy: GeneralMacroeconomics: ProductionPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsInterest Rates: Determination, Term Structure, and EffectsInvestment & securitiesPetroleum, oil & gas industriesFinanceOil pricesOilOil productionStocksLong term interest ratesCommoditiesProductionFinancial institutionsFinancial servicesPetroleum industry and tradeInterest ratesLuca OanaTieman AlexanderDcWaIMFBOOK9910155013703321Financial Sector Debt Bias2787743UNINA