Asset bubbles : re-thinking policy for the age of asset management / / Bradley Jones |
Autore | Jones Bradley |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2015 |
Descrizione fisica | 1 online resource (60 pages) |
Disciplina | 332.10681 |
Collana | IMF Working Papers |
Soggetto topico |
Asset-liability management
Financial risk management Monetary policy Economic policy Finance: General Financial Risk Management Macroeconomics Financial Markets and the Macroeconomy Central Banks and Their Policies Financial Crises Information and Market Efficiency Event Studies International Financial Markets General Financial Markets: Government Policy and Regulation Price Level Inflation Deflation General Financial Markets: General (includes Measurement and Data) Economic & financial crises & disasters Finance Asset prices Asset bubbles Asset management Financial sector stability Stock markets Prices Financial crises Asset and liability management Financial sector policy and analysis Financial markets Financial services industry Stock exchanges |
ISBN |
1-4983-9762-X
1-4983-0415-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
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 Returns
Figure 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 Research |
Record Nr. | UNINA-9910796903403321 |
Jones Bradley
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Washington, D.C. : , : International Monetary Fund, , 2015 | ||
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Lo trovi qui: Univ. Federico II | ||
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Asset bubbles : re-thinking policy for the age of asset management / / Bradley Jones |
Autore | Jones Bradley |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2015 |
Descrizione fisica | 1 online resource (60 pages) |
Disciplina | 332.10681 |
Collana | IMF Working Papers |
Soggetto topico |
Asset-liability management
Financial risk management Monetary policy Economic policy Finance: General Financial Risk Management Macroeconomics Financial Markets and the Macroeconomy Central Banks and Their Policies Financial Crises Information and Market Efficiency Event Studies International Financial Markets General Financial Markets: Government Policy and Regulation Price Level Inflation Deflation General Financial Markets: General (includes Measurement and Data) Economic & financial crises & disasters Finance Asset prices Asset bubbles Asset management Financial sector stability Stock markets Prices Financial crises Asset and liability management Financial sector policy and analysis Financial markets Financial services industry Stock exchanges |
ISBN |
1-4983-9762-X
1-4983-0415-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
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 Returns
Figure 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 Research |
Record Nr. | UNINA-9910812160703321 |
Jones Bradley
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Washington, D.C. : , : International Monetary Fund, , 2015 | ||
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Lo trovi qui: Univ. Federico II | ||
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Asset Market Participation, Monetary Policy Rules, and the Great Inflation / / Florin Bilbiie, Roland Straub |
Autore | Bilbiie Florin |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (34 p.) |
Altri autori (Persone) | StraubRoland |
Collana | IMF Working Papers |
Soggetto topico |
Inflation (Finance)
Monetary policy Banks and Banking Finance: General Inflation Macroeconomics Price Level Deflation Business Fluctuations Cycles Financial Markets and the Macroeconomy Monetary Policy Central Banks and Their Policies Studies of Particular Policy Episodes Economic History: Macroeconomics Growth and Fluctuations: U.S Canada: 1913- Economic History: Financial Markets and Institutions: U.S General Financial Markets: General (includes Measurement and Data) Macroeconomics: Consumption Saving Wealth Interest Rates: Determination, Term Structure, and Effects Finance Securities markets Consumption Hyperinflation Real interest rates Financial markets Prices National accounts Financial services Capital market Economics Interest rates |
ISBN |
1-4623-6796-8
1-4527-8747-6 1-282-58659-9 9786613822536 1-4519-9219-X |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. Introduction""; ""II. Limited Asset Market Participation and Monetary Policy: Some Theory""; ""III. Empirical Evidence""; ""IV. Change in Structure of Economy or in Distribution of Shocks?""; ""V. Conclusions""; ""General Model"" |
Record Nr. | UNINA-9910788519203321 |
Bilbiie Florin
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Banking Spreads in Latin America / / Gaston Gelos |
Autore | Gelos Gaston |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (31 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Banks and banking - Latin America
Interest rates - Latin America Banks and Banking Finance: General Money and Monetary Policy Public Finance Interest Rates: Determination, Term Structure, and Effects Financial Markets and the Macroeconomy Banks Depository Institutions Micro Finance Institutions Mortgages Economywide Country Studies: Latin America Caribbean Monetary Policy General Financial Markets: General (includes Measurement and Data) Taxation, Subsidies, and Revenue: General Banking Monetary economics Finance Public finance & taxation Reserve requirements Deposit rates Competition Legal support in revenue administration Monetary policy Financial markets Financial services Revenue administration Emerging and frontier financial markets Banks and banking Interest rates Revenue Financial services industry |
ISBN |
1-4623-3468-7
1-4527-5923-5 1-283-51371-4 9786613826169 1-4519-0840-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. THE DETERMINANTS OF SPREADS: LITERATURE REVIEW""; ""III. DESCRIPTIVE EVIDENCE""; ""IV. ECONOMETRIC ESTIMATIONS""; ""V. CONCLUSIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788412503321 |
Gelos Gaston
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Beware of Emigrants Bearing Gifts : : Optimal Fiscal and Monetary Policy in the Presence of Remittances / / Michael Gapen, Thomas Cosimano, Ralph Chami |
Autore | Gapen Michael |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (51 p.) |
Altri autori (Persone) |
CosimanoThomas
ChamiRalph |
Collana | IMF Working Papers |
Soggetto topico |
Emigrant remittances - Econometric models
Fiscal policy - Econometric models Monetary policy - Econometric models Exports and Imports Labor Macroeconomics Taxation Financial Markets and the Macroeconomy Comparative or Joint Analysis of Fiscal and Monetary Policy Stabilization Treasury Policy Remittances Demand and Supply of Labor: General Aggregate Factor Income Distribution Macroeconomics: Consumption Saving Wealth Personal Income and Other Nonbusiness Taxes and Subsidies International economics Labour income economics Welfare & benefit systems Labor supply Income Consumption Labor taxes Balance of payments National accounts Taxes International finance Labor market Economics Income tax |
ISBN |
1-4623-8008-5
1-4527-1483-5 1-283-51635-7 9786613828804 1-4519-0857-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. REMITTANCES""; ""THEIR MOTIVATION""; ""III. A STOCHASTIC MONETARY ECONOMY""; ""IV. THE RAMSEY EQUILIBRIUM""; ""V. RESULTS""; ""VI. CONCLUSION""; ""References"" |
Record Nr. | UNINA-9910788698303321 |
Gapen Michael
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Bond Yields in Emerging Economies : : It Matters What State You Are In / / Laura Jaramillo, Anke Weber |
Autore | Jaramillo Laura |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (26 p.) |
Altri autori (Persone) | WeberAnke |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Bonds
Investments - Developing countries Finance: General Investments: Bonds Public Finance Financial Markets and the Macroeconomy Fiscal Policy International Financial Markets Debt Debt Management Sovereign Debt General Financial Markets: General (includes Measurement and Data) Investment & securities Public finance & taxation Finance Bond yields Government debt management Emerging and frontier financial markets Public debt Securities markets Financial institutions Public financial management (PFM) Financial markets Debts, Public Financial services industry Capital market |
ISBN |
1-4755-1103-5
1-4755-3136-2 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Abstract; Contents; I. Introduction; II. Background and Literature Review; III. Stylized Facts; Figures; 1. Emerging Economies: Government Debt; 2. Emerging Economies: Domestic Government Debt Securities; 3. Emerging Market Fund Assets; 4. Sovereign Domestic Bond Yields; 5. Sovereign Domestic Bond Yields and Global Factors; 6. Domestic Bond Yields and Fiscal Fundamentals, 2007-2011; IV. Empirical Model Specification; V. Data and Estimation Results; A. Data Sources; B. Estimation Results; Tables; 1. Descriptive Statistics
2. Determinants of 10-year Domestic Bond Yields in Emerging Economies3. Threshold Model: Determinants of 10-year Domestic Bond Yields in Emerging Economies; VI. Summary and Conclusions; 7. Actual Change in Bond Yields Compared to Out-of-Sample Prediction; Appendix; References |
Record Nr. | UNINA-9910786484803321 |
Jaramillo Laura
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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Building Blocks for Effective Macroprudential Policies in Latin America : : Institutional Considerations / / Patrick Imam, Erlend Nier, Luis Jácome |
Autore | Imam Patrick |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (43 p.) |
Altri autori (Persone) |
NierErlend
JácomeLuis |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Financial crises - Latin America
Banks and Banking Finance: General Financial Risk Management Macroeconomics Business and Financial Central Banks and Their Policies Policy Objectives Policy Designs and Consistency Policy Coordination Financial Institutions and Services: Government Policy and Regulation General Financial Markets: Government Policy and Regulation Financial Markets and the Macroeconomy Banks Depository Institutions Micro Finance Institutions Mortgages Financial Crises Finance Banking Economic & financial crises & disasters Financial services law & regulation Financial sector stability Macroprudential policy Financial crises Systemic risk Financial sector policy and analysis Financial regulation and supervision Financial services industry Economic policy Banks and banking Financial risk management Law and legislation |
ISBN |
1-4755-1955-9
1-4755-4776-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. The Case for Macroprudential Policy in Latin America; Figures; 1. Systemic Banking Crises Worldwide; A. Latin America has Made Significant Strides to Preserve Financial Stability; Tables; 1. Bank Legislation and Financial Safety Nets; 2. Key Financial Soundness Indicators; B. Important Vulnerabilities Remain; 3. Capital Inflows; 4. Volatility of Commodity Prices; 5. Real Credit Growth and Banking Crises; C. Mapping Macro-financial Vulnerabilities and Macroprudential Policies; 2. Relative Importance of Top Banks in Eight Countries in Latin America
3. Macroprudential Policy Tools in Selected Latin American Countries III. The Existing Institutional Arrangements for Financial Stability; A. The Current State of Play; 4. Authority for Supervision of Banks, Insurances, and Securities; B. Characterizing Financial Stability Arrangements in Latin America; Boxes; 1. The New Financial Stability Committees in Chile, Mexico, and Uruguay; 5. Institutional Models for Financial Stability in Latin America; 2. Institutional Arrangement for Financial Stability in Brazil; IV. The Way Forward; A. The Pacific Model; B. The Atlantic Model C. Articulating the Macroprudential Mandate D. Strengthening the Macroprudential Policy Process; Appendices; I. Central Bank and Banking Regulation Institution Mandates; II. Institution Responsible for Establishing Some Key Macroprudential Measures; 6. Banking Assets by Region, 2009; 7. Banking and Nonbanking System in Latin America, 2008; III. Characterizing the Latin American Banking System; 8. Share of Banking Assets Held in Subsidiaries or Branches of Global Foreign Banks; 9. Foreign Banks' Lending, 2008; 10. Deposits and Credits; 11. Deposit-to-Loan Ratios in Foreign-Owned Local Affiliate 12. Basel Core Principle Compliance 13. List of Compliance of Basel Core Principles for Western Hemisphere Countries; References |
Record Nr. | UNINA-9910786473803321 |
Imam Patrick
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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Cambodia : : Entering a New Phase of Growth / / Olaf Unteroberdoerster |
Autore | Unteroberdoerster Olaf |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2014 |
Descrizione fisica | 1 online resource (162 p.) |
Disciplina | 338.9 |
Soggetto topico |
Economic development - Cambodia
Fiscal policy - Cambodia Banks and Banking Finance: General Money and Monetary Policy Public Finance Taxation Taxation, Subsidies, and Revenue: General Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Systems Standards Regimes Government and the Monetary System Payment Systems National Government Expenditures and Related Policies: General Financial Markets and the Macroeconomy Public finance & taxation Banking Monetary economics Finance Macroeconomics Revenue administration Dollarization Public financial management (PFM) Financial sector development Monetary policy Financial markets Commercial banks Financial institutions Banks and banking Revenue Financial services industry Finance, Public |
ISBN |
1-4755-6298-5
1-4843-0792-5 1-4755-3255-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; Preface; 1 Introduction: Cambodia Entering a New Phase of Growth; PART I: AN ECONOMY AT A CROSSROADS; 2 How Fast Can Cambodia Grow? Assessing Key Drivers; 3 Asia's Most Dollarized Economy: Causes and Consequences; 4 Cambodia's Banking Sector: Are More Banks Always Better?; 5 What Can Go Wrong? Shifting Vulnerabilities as Asia Rebalances; PART II: NEW POLICIES FOR BROADER-BASED GROWTH; 6 First Things First: Creating and Safeguarding Fiscal Space; 7 Raising Funds for the Future: The Case for an Integrated Revenue Mobilization Strategy
8 Can the Riel Prosper? Welding Financial Development and Dedollarization9 Modernizing Supervision in Support of Stable Financial Development; Index; A; B; C; D; E; F; G; H; I; K; L; M; N; O; P; R; S; T; U; V; W |
Record Nr. | UNINA-9910787863803321 |
Unteroberdoerster Olaf
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Washington, D.C. : , : International Monetary Fund, , 2014 | ||
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Lo trovi qui: Univ. Federico II | ||
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Cambodia : : Entering a New Phase of Growth / / Olaf Unteroberdoerster |
Autore | Unteroberdoerster Olaf |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2014 |
Descrizione fisica | 1 online resource (162 p.) |
Disciplina | 338.9 |
Soggetto topico |
Economic development - Cambodia
Fiscal policy - Cambodia Banks and Banking Finance: General Money and Monetary Policy Public Finance Taxation Taxation, Subsidies, and Revenue: General Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Systems Standards Regimes Government and the Monetary System Payment Systems National Government Expenditures and Related Policies: General Financial Markets and the Macroeconomy Public finance & taxation Banking Monetary economics Finance Macroeconomics Revenue administration Dollarization Public financial management (PFM) Financial sector development Monetary policy Financial markets Commercial banks Financial institutions Banks and banking Revenue Financial services industry Finance, Public |
ISBN |
1-4755-6298-5
1-4843-0792-5 1-4755-3255-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; Preface; 1 Introduction: Cambodia Entering a New Phase of Growth; PART I: AN ECONOMY AT A CROSSROADS; 2 How Fast Can Cambodia Grow? Assessing Key Drivers; 3 Asia's Most Dollarized Economy: Causes and Consequences; 4 Cambodia's Banking Sector: Are More Banks Always Better?; 5 What Can Go Wrong? Shifting Vulnerabilities as Asia Rebalances; PART II: NEW POLICIES FOR BROADER-BASED GROWTH; 6 First Things First: Creating and Safeguarding Fiscal Space; 7 Raising Funds for the Future: The Case for an Integrated Revenue Mobilization Strategy
8 Can the Riel Prosper? Welding Financial Development and Dedollarization9 Modernizing Supervision in Support of Stable Financial Development; Index; A; B; C; D; E; F; G; H; I; K; L; M; N; O; P; R; S; T; U; V; W |
Record Nr. | UNINA-9910813525503321 |
Unteroberdoerster Olaf
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Washington, D.C. : , : International Monetary Fund, , 2014 | ||
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Lo trovi qui: Univ. Federico II | ||
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Capital Inflows and the Real Exchange Rate : : Can Financial Development Cure the Dutch Disease? / / Christian Saborowski |
Autore | Saborowski Christian |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (44 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Capital movements
Foreign exchange rates Exports and Imports Finance: General Foreign Exchange Multiple or Simultaneous Equation Models: Models with Panel Data Financial Markets and the Macroeconomy Current Account Adjustment Short-term Capital Movements International Investment Long-term Capital Movements General Financial Markets: General (includes Measurement and Data) Finance Currency Foreign exchange International economics Foreign direct investment Real exchange rates Capital inflows Financial sector development Stock markets Balance of payments Financial markets Investments, Foreign Financial services industry Stock exchanges |
ISBN |
1-4623-3762-7
1-4527-1577-7 1-282-84242-0 9786612842429 1-4518-7167-8 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Literature Review; III. Empirical Approach; IV. Econometric Methodology; V. Estimation Results; A. Financial Market Development; B. Capital Market Development; VI. Robustness; VII. Discussion; Tables; 1. The Impact of FDI and OCI on the Real Exchange Rate; 2A. Liquid Liabilities and the Impact of FDI Inflows on the Real Exchange Rate; 2B. Private Credit and the Impact of FDI Inflows on the Real Exchange Rate; 2C. Stock Market Size and the Impact of FDI Inflows on the Real Exchange Rate; 2D. Stock Market Activity and the Impact of FDI Inflows on the Real
3A. Robustness: Additional Variables in Liquid Liabilities Regression 3B. Robustness: Additional Variables in Stock Market Size Regression; 3C. Robustness: Additional Variables in Stock Market Activity Regression; 4A: Robustness: Excluding One Income Group at a Time in Liquid Liabilities Regression; 4B: Robustness: Excluding One Income Group at a Time in Market Size Regression; 4C: Robustness: Excluding One Income Group at a Time in Market Activity Regression; 5A. Robustness: Excluding One Region at a Time in Liquid Liabilities Regression 5B. Robustness: Excluding One Region at a Time in Stock Market SIZE Regression 5C. Robustness: Excluding One Region at a Time in Stock Market Activity Regression; Appendixes; I. List of Countries; Appendix Tables; 5. List of 84 Countries Used for the Analysis; II. Definitions and Sources of Variables; 6. Definitions and Sources of Variables; III. Summary of Statistics; 7A. Summary Statistics (1997-2006); 7B. Composition of Capital Inflows (1990-2006); IV. Sample of Correlations; 8. Sample Correlations (1997-2006); References |
Record Nr. | UNINA-9910788241303321 |
Saborowski Christian
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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