LEADER 04417nam 2200649 450 001 9910464005803321 005 20170815101927.0 010 $a1-4623-0333-1 010 $a1-4527-7633-4 010 $a1-282-84063-0 010 $a1-4518-6969-X 010 $a9786612840630 035 $a(CKB)3170000000054996 035 $a(EBL)1607827 035 $a(SSID)ssj0000944159 035 $a(PQKBManifestationID)11485779 035 $a(PQKBTitleCode)TC0000944159 035 $a(PQKBWorkID)11000831 035 $a(PQKB)11568290 035 $a(OCoLC)815738561 035 $a(MiAaPQ)EBC1607827 035 $a(EXLCZ)993170000000054996 100 $a20140225h20082008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aIs there a novelty premium on new financial instruments? $ethe Argentine experience with GDP-indexed warrants /$fAlejo Costa, Marcos Chamon, and Luca Antonio Ricci 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$d2008 215 $a1 online resource (42 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/109 300 $aDescription based upon print version of record. 311 $a1-4519-1423-7 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. The Argentine GDP-Warrants; Tables; 1. Main Economic Indicators; Figures; 1. GDP Warrants - Currency Distribution; 2. Base Level GDP and GDP Growth; 2. GPD-Linked Unit: Outstanding Value, Units of Currency and Payments; III. Market Response; IV. Theoretical Value; 3. GDP Warrants - Market Price; A. Discount Rate; B. GDP; C. Inflation and the Exchange Rate; V. Main Baseline Results for the US GDP Warrant; 3. Baseline Assumptions; 4. US GDP Warrant Theoretical Values Using Random Sampling from 1981-2007 Residuals; A. Main Factors Behind Valuation Changes 327 $a5. US GDP Warrant Premiums Using Random Sampling from 1980-2007 ResidualsB. Comparisons with Investment Bank Valuations; 6. Factors Explaining Price Changes; 7. US GDP Warrant Theoretical Value Under Average Investment Bank Assumptions and Market Prices; 8. US GDP Warrant Premiums Using Average Investment Bank Assumptions; 9. US GDP Warrant Residual Premium Under Different Scenarios; VI. Other Valuation Exercises; A. Theoretical Values for the Arg GDP Warrant; 10. Arg GDP Warrant Using Random Sampling from 1981-2007 Residuals; B. Theoretical Values for the Euro GDP Warrant 327 $aC. The Effect of Exchange Rates and Inflation11. Arg GDP Warrant Premiums Using Random Sampling from 1981-2007 Residuals; 12. Euro GDP Warrant Premiums Using Random Sampling from 1981-2007 Residuals; 13. Arg GDP Warrant Theoretical Values Robustness With Respect to Inflation; D. The Effect of Growth; 4. Sensitivity on 2007/2008 Baseline Growth +/- 1.5%; 5. Sensitivity on Convergence Year; E. The Effect of Uncertainty; F. Expected Value for the Remaining Maturity; 14a. Expected Cash Flows; 14b. Distribution of Expected Effective Maturity 327 $a15 Expected Theoretical Values for the Warrants Over TimeVII. Conclusions; Appendices; 1. Investors' Survey; 2. Discounting Cash Flows; References 330 $aThis paper examines the Argentine experience with GDP-indexed warrants in order to gauge the existence of a novelty premium on new financial instruments. It develops a Monte Carlo pricing exercise to calculate the expected net present value of payments, on the basis of various forecast assumptions. The results show that the residual premium paid by these warrants over standard bonds declined significantly by about 600 basis points between December 2005 and July 2007. This suggests that financial innovation may be associated with premia, which decay reasonably fast. 410 0$aIMF Working Papers 606 $aInflation-indexed bonds$zArgentina$xEconometric models 608 $aElectronic books. 615 0$aInflation-indexed bonds$xEconometric models. 676 $a332.63232 700 $aCosta$b Alejo$0862005 701 $aChamon$b Marcos$0862006 701 $aRicci$b Luca Antonio$0862007 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464005803321 996 $aIs there a novelty premium on new financial instruments$91924029 997 $aUNINA LEADER 01250nam 2200361Ia 450 001 996392988203316 005 20221108012349.0 035 $a(CKB)1000000000681396 035 $a(EEBO)2240923989 035 $a(OCoLC)9922974100971 035 $a(EXLCZ)991000000000681396 100 $a20040304d1548 uy 0 101 0 $aeng 135 $aurbn||||a|bb| 200 14$aThe boke of knowledge$b[electronic resource] $ewhether a sycke person beynge in peryll shall lyue, or dye, &c. 210 $a[London]$cJmprynted by me Robert Wyer dwellynge in saynt Martyns parysshe at charyng Crosse.$d[1548?] 215 $a[12] p. $cill 300 $aImprint from colophon. 300 $aPublication date suggested by STC (2nd ed.). 300 $aWood-cut ill. on t.p.; initial. 300 $a"Purporting to be by Hippocrates."--Brit. Mus. Cat. New ed. 300 $aSignatures: A⁴, B². 300 $aReproduction of original in: University of Glasgow. Library. 330 $aeebo-0166 606 $aMedicine, Medieval 615 0$aMedicine, Medieval. 701 $aHippocrates$0157241 801 0$bEBK 801 1$bEBK 906 $aBOOK 912 $a996392988203316 996 $aThe boke of knowledge$92338906 997 $aUNISA LEADER 01251nam 2200409 450 001 9910150399203321 005 20230808200517.0 010 $a3-8452-6482-9 035 $a(CKB)3710000000943479 035 $a(MiAaPQ)EBC4742348 035 $a(EXLCZ)993710000000943479 100 $a20170816h20162016 uy 0 101 0 $ager 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aVom Mensch-Sein zum Person-Sein $eEine historische Analyse des (Rechts-)Personengedankens im Islam /$fGhazaleh Faridzadeh 205 $a1. Auflage. 210 1$aBaden-Baden, Germany :$cNomos,$d2016. 210 4$d2016 215 $a1 online resource (739 pages) $cillustrations 225 1 $aFundamenta juridica ;$vBand 66 311 $a3-8487-2168-6 320 $aIncludes bibliographical references. 410 0$aFundamenta juridica ;$vBand 66. 606 $aPersonality (Islamic law) 615 0$aPersonality (Islamic law) 676 $a297.14 700 $aFaridzadeh$b Ghazaleh $01377267 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910150399203321 996 $aVom Mensch-Sein zum Person-Sein$93414117 997 $aUNINA