Kooperativer Bibliotheksverbund

UID:

Umfang: Online-Ressource (44 p)

Ausgabe: Online-Ausg.

ISBN: 1455212520 , 9781455212521

Serie: IMF Working Papers Working Paper No. 11/14

Inhalt: Using an adaptation of the Uncovered Interest Parity (UIP) condition, this paper analyzes the drivers behind the large, symmetric exchange rate swings observed during the financial crisis of 2008-2010. Employing a Nelson-Siegel model, we estimate yield curves and decompose the exchange rate movements into changes we attribute to monetary policy and a residual. We find that the depreciation phase of the currencies in our sample was largely dominated by safe-haven effects rather than carry trade activity or other return considerations. For some countries, however, the appreciation that began at the end of 2008 seems largely to reflect downward movement in the cumulative revisions to nominal forward differentials, suggesting carry trade

Weitere Ausg.: Erscheint auch als Druck-Ausgabe Dowling, Thomas Interpreting Currency Movements During the Crisis: What's the Role of Interest Rate Differentials? Washington, D.C. : International Monetary Fund, 2011 ISBN 9781455212521

Sprache: Englisch

DOI: 10.5089/9781455212521.001

URL: kostenfrei

URL: kostenfrei

UID:

Umfang: Online-Ressource (2 p)

Ausgabe: Online-Ausg. Chester, Vt NewsBank, inc 2005 U.S. Congressional Serial Set, 1817-1980

Serie: United States congressional serial set serial set no. 1442

Anmerkung: © 2007 by NewsBank, Inc. All rights reserved

Sprache: Englisch

URL: Volltext  (Deutschlandweit zugänglich)

UID:

Umfang: 266 S.

Anmerkung: Enth. eine Teilübersetzung von Vasubandhus Abhidharmakośa , Columbia, Univ., Diss., 1976

Sprache: Englisch

Fachgebiete: Philosophie

Schlagwort(e): Hochschulschrift

Mehr zum Autor: Vasubandhu ca. 4. Jh.

UID:

Umfang: 1 online resource (784 p.) : , 100 B/W illustrations 16 colour illustrations

ISBN: 9781474424943

Serie: The Edinburgh History of the British and Irish Press : EHBIP

Inhalt: Offers a definitive history of the British and Irish Press from 1900-2017Captures the cross-regional and transnational dimension of press history in twentieth-century and at the start of twenty first-century Britain and IrelandOffers unique and important reassessments of twentieth-century and contemporary British and Irish press and periodical media within social, cultural, technological, economic and historical contextsProvides a timeline of significant events for cross-reference as well as an extensive bibliography for further researchThis volume responds to the absence of wide-ranging, up-to-date analysis of newspapers and periodicals across Britain and Ireland in the twentieth century by providing an ambitious, interdisciplinary and research-led volume that seeks to explore long-term continuities and changes. The Introduction provides an initial overview of the century by studying the evolution of the British and Irish press across five milestone years, and, in particular, examining how the leading titles in the market, the popular daily newspapers, sought to develop their appeal to a broad, mainstream audience. Five core chapters then analyse in more detail the central features of the environment in which the press operated: economic forces and patterns of ownership; the institutions and technologies of production and distribution; the reading audience; the legal and regulatory framework; and the identities and communities that structured the market. The main body of the volume comprises a series of thematic chapters attending to different aspects of the creation, content and impact of newspapers and periodicals in this period. A timeline of significant events for cross-reference and an extensive bibliography for further research are also included making this a thorough resource for researchers and students alike.

Anmerkung: Frontmatter -- , CONTENTS -- , List of Illustrations -- , Acknowledgements -- , Contributor Biographies -- , Preface -- , Introduction: Milestones in the History of the Twentieth- Century Press -- , 1. Economics: Ownership and Competition -- , 2. News Production -- , 3. Readership and Readers -- , 4. Regulation -- , 5. Identities and Communities: Negotiating Working-Class Identity in the Regional Press -- , 6. Transatlantic Exchanges -- , 7. Literary and Review Journalism -- , 8. The Financial Press -- , 9. Digital News, Digitised News -- , 10. Professional Identity -- , 11. News Agencies: From Telegrams to Tweets -- , 12. Photography and Illustration -- , 13. The Sporting Press -- , 14. Women’s Magazines: The Pursuit of Pleasure and Politics -- , 15. The Welsh Press -- , 16. Shared Media Histories in the British Isles: Irish-Language Media, 1900–2018 -- , 17. The Gaelic Press -- , 18. Continuity and Change in the Belfast Press, 1900–1994 -- , 19. The Black British and Irish Press -- , 20. Cartoons -- , 21. Britain’s Imperial Press System -- , 22. The Entertainment Press -- , 23. Feminism and the Feminist Press -- , 24. The LGBTQ Press in Twentieth-Century Britain and Ireland -- , 25. The Press and the Labour Movement -- , 26. The Tabloid Press: Tales of Controversy, Community and Public Life -- , 27. The Sunday Press -- , 28. Satirical Journalism -- , 29. Newspaper Reports of the Westminster Parliament -- , 30. Extra-Parliamentary Reporting: The Under-Reported Life of the Working Class -- , 31. Science and the Press -- , 32. The Metropolitan Press: Connections and Competition between Britain and Ireland -- , 33. The Provincial Press -- , Concluding Comments -- , Key Press and Periodical Events Timeline, 1900–2018 -- , Bibliography -- , Index , In English.

Sprache: Englisch

Fachgebiete: Allgemeines

DOI: 10.1515/9781474424943

URL: https://www.degruyter.com/isbn/9781474424943

UID:

Umfang: 1 online resource (44 p.)

ISBN: 1-4623-9810-3 , 1-4552-5588-2 , 1-283-55454-2 , 9786613866998 , 1-4552-1260-1

Serie: IMF Working Papers

Inhalt: Using an adaptation of the Uncovered Interest Parity (UIP) condition, this paper analyzes the drivers behind the large, symmetric exchange rate swings observed during the financial crisis of 2008-2010. Employing a Nelson-Siegel model, we estimate yield curves and decompose the exchange rate movements into changes we attribute to monetary policy and a residual. We find that the depreciation phase of the currencies in our sample was largely dominated by safe-haven effects rather than carry trade activity or other return considerations. For some countries, however, the appreciation that began at the end of 2008 seems largely to reflect downward movement in the cumulative revisions to nominal forward differentials, suggesting carry trade.

Anmerkung: Description based upon print version of record. , Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Bilateral Exchange Rate Movements during the Financial Crisis; A. Methodology and Data; B. Selecting Dates for the Decomposition; 2. Bilateral Exchange Rates During Current Recession; 3. Exchange Rate Volatility, 3/1/2007-4/20/2010; 4. Exchange Rates and Percent Changes, 1/1/2007-5/24/2010; 1. Exchange Rate Troughs and Peaks January 1, 2007-April 1, 2010; C. Fitting Forward Curves to Zero-coupon Rates; D. Obtaining a Measure of "News"; 5. Brazil - U.S. Exchange Rate Profile, 10/3/2008-10/6/2008 , E. Calculating the Portion of the "News" Related to Interest Rate Differentials2. Decomposition Tables for Selected Dates; Australia; Brazil; Canada; European Monetary Union; Mexico; New Zealand; United Kingdom; 6. Brazil UIP Analysis 10/6/2008; F. Calculating the Portion of the "News" Related to Expected Monetary Policy; 7. Brazil UIP Decomposition into Components, 10/6/2008; II. Results; A. UIP Decomposition Applied to Longer Periods during the Crisis; 8. Log Exchange Rate Movement Over the Crisis; 9. Trough to PEAK to Current Exchange Rates and Policy Rates , 3. Decomposition Tables for Trough-Peak-Current DatesAustralia; Brazil; Canada; Chile; European Monetary Union; Mexico; New Zealand; United Kingdom; B. UIP Decomposition Applied to Our Selection of Dates; III. Conclusions; Footnotes , English

Weitere Ausg.: ISBN 1-4552-1252-0

Sprache: Englisch

UID:

Umfang: 1 online resource (44 p.)

ISBN: 1-4623-9810-3 , 1-4552-5588-2 , 1-283-55454-2 , 9786613866998 , 1-4552-1260-1

Serie: IMF Working Papers

Inhalt: Using an adaptation of the Uncovered Interest Parity (UIP) condition, this paper analyzes the drivers behind the large, symmetric exchange rate swings observed during the financial crisis of 2008-2010. Employing a Nelson-Siegel model, we estimate yield curves and decompose the exchange rate movements into changes we attribute to monetary policy and a residual. We find that the depreciation phase of the currencies in our sample was largely dominated by safe-haven effects rather than carry trade activity or other return considerations. For some countries, however, the appreciation that began at the end of 2008 seems largely to reflect downward movement in the cumulative revisions to nominal forward differentials, suggesting carry trade.

Anmerkung: Description based upon print version of record. , Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Bilateral Exchange Rate Movements during the Financial Crisis; A. Methodology and Data; B. Selecting Dates for the Decomposition; 2. Bilateral Exchange Rates During Current Recession; 3. Exchange Rate Volatility, 3/1/2007-4/20/2010; 4. Exchange Rates and Percent Changes, 1/1/2007-5/24/2010; 1. Exchange Rate Troughs and Peaks January 1, 2007-April 1, 2010; C. Fitting Forward Curves to Zero-coupon Rates; D. Obtaining a Measure of "News"; 5. Brazil - U.S. Exchange Rate Profile, 10/3/2008-10/6/2008 , E. Calculating the Portion of the "News" Related to Interest Rate Differentials2. Decomposition Tables for Selected Dates; Australia; Brazil; Canada; European Monetary Union; Mexico; New Zealand; United Kingdom; 6. Brazil UIP Analysis 10/6/2008; F. Calculating the Portion of the "News" Related to Expected Monetary Policy; 7. Brazil UIP Decomposition into Components, 10/6/2008; II. Results; A. UIP Decomposition Applied to Longer Periods during the Crisis; 8. Log Exchange Rate Movement Over the Crisis; 9. Trough to PEAK to Current Exchange Rates and Policy Rates , 3. Decomposition Tables for Trough-Peak-Current DatesAustralia; Brazil; Canada; Chile; European Monetary Union; Mexico; New Zealand; United Kingdom; B. UIP Decomposition Applied to Our Selection of Dates; III. Conclusions; Footnotes , English

Weitere Ausg.: ISBN 1-4552-1252-0

Sprache: Englisch

UID:

Umfang: 1 online resource (47 pages)

ISBN: 1-4843-2391-2 , 1-4843-2394-7

Serie: IMF Working Papers

Inhalt: Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs). The macroeconomic impact has so far been limited, in part because banks either have multiple relationships or have been successful in replacing lost CBRs. However, the cost of services has increased substantially, some services have been cut back, and some sectors have experienced reduced access. Policy options to address multiple drivers, including lower profitability and risk aversion by global banks, require tailored actions by several stakeholders.

Anmerkung: Cover -- CONTENTS -- ABSTRACT -- I. INTRODUCTION -- II. WHY DO CBRS MATTER? -- III. THE WITHDRAWAL OF CBRS - HOW SEVERE HAS IT BEEN? -- A. Global Trends -- B. Caribbean Developments -- C. Potential Factors Behind the Withdrawal of CBRs in the Caribbean -- IV. POLICY OPTIONS TO ADDRESS THE LOSS OF CBRS -- V. CONCLUSION -- ANNEX 1. MACROECONOMIC IMPLICATIONS OF A CONTINUED LOSS OF CBRS: AN ILLUSTRATIVE CASE FOR BELIZE -- ANNEX II. CASE STUDIES -- ANNEX III. AN ECONOMETRIC ANALYSIS OF THE DETERMINANTS OF THE WITHDRAWAL OF CBRS -- VI. ANNEX IV. IMF SURVEY.

Weitere Ausg.: ISBN 1-4843-2068-9

Sprache: Englisch

UID:

Umfang: 1 online resource (47 pages)

ISBN: 1-4843-2391-2 , 1-4843-2394-7

Serie: IMF Working Papers

Inhalt: Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs). The macroeconomic impact has so far been limited, in part because banks either have multiple relationships or have been successful in replacing lost CBRs. However, the cost of services has increased substantially, some services have been cut back, and some sectors have experienced reduced access. Policy options to address multiple drivers, including lower profitability and risk aversion by global banks, require tailored actions by several stakeholders.

Anmerkung: Cover -- CONTENTS -- ABSTRACT -- I. INTRODUCTION -- II. WHY DO CBRS MATTER? -- III. THE WITHDRAWAL OF CBRS - HOW SEVERE HAS IT BEEN? -- A. Global Trends -- B. Caribbean Developments -- C. Potential Factors Behind the Withdrawal of CBRs in the Caribbean -- IV. POLICY OPTIONS TO ADDRESS THE LOSS OF CBRS -- V. CONCLUSION -- ANNEX 1. MACROECONOMIC IMPLICATIONS OF A CONTINUED LOSS OF CBRS: AN ILLUSTRATIVE CASE FOR BELIZE -- ANNEX II. CASE STUDIES -- ANNEX III. AN ECONOMETRIC ANALYSIS OF THE DETERMINANTS OF THE WITHDRAWAL OF CBRS -- VI. ANNEX IV. IMF SURVEY.

Weitere Ausg.: ISBN 1-4843-2068-9

Sprache: Englisch

UID:

Umfang: 1 online resource (54 pages).

ISBN: 1-4843-2702-0 , 1-4843-2704-7

Serie: IMF Working Papers

Inhalt: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.

Weitere Ausg.: ISBN 1-4843-2657-1

Sprache: Englisch

UID:

Umfang: 1 online resource (54 pages).

ISBN: 1-4843-2702-0 , 1-4843-2704-7

Serie: IMF Working Papers

Inhalt: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.

Weitere Ausg.: ISBN 1-4843-2657-1

Sprache: Englisch