X
feed icon rss

Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
  • 1
    Online Resource
    Online Resource
    Insurance companies in emerging markets / (2005)
    [Washington, D.C.] :International Monetary Fund, International Capital Markets Dept.,
    Details
    UID:
    edoccha_9958126554602883
    Format: 1 online resource (21 p.)
    ISBN: 1-4623-7405-0 , 1-4527-3402-X , 1-283-51292-0 , 1-4519-0643-9 , 9786613825377
    Series Statement: IMF working paper ; WP/05/88
    Content: This paper focuses on asset allocation decisions of life insurance companies in emerging markets. Mature market insurers allocate only a small fraction of their assets to emerging markets because of regulatory constraints, rating pressures, and currency risk. However, global insurers invest directly in emerging markets by setting up subsidiaries rather than through portfolio investment, and this trend is increasing. Local insurers largely remain captive investors of local instruments and provide stability to the domestic securities market. The regulatory regime and the liquidity and depth of local markets play an important role in asset allocation decisions of insurers. Insurance companies are increasingly adopting asset liability management and risk control measures. However, insufficiently developed local markets and regulatory interventions on the liabilities side often limit optimal asset allocation.
    Note: "May 2005." , ""Contents""; ""I. INTRODUCTION""; ""II. MATURE MARKET LIFE INSURERS""; ""III. LOCAL MARKET INSURANCE COMPANIES""; ""IV. POLICY IMPLICATIONS""; ""REFERENCES"" , English
    Additional Edition: ISBN 1-4518-6107-9
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    FU Berlin
    Charité
  • 2
    Online Resource
    Online Resource
    Insurance Companies in Emerging Markets (2005)
    Washington, D.C : International Monetary Fund
    Details
    UID:
    gbv_845888587
    Format: Online-Ressource (20 p)
    Edition: Online-Ausg.
    ISBN: 1451861079 , 9781451861075
    Series Statement: IMF Working Papers Working Paper No. 05/88
    Content: This paper focuses on asset allocation decisions of life insurance companies in emerging markets. Mature market insurers allocate only a small fraction of their assets to emerging markets because of regulatory constraints, rating pressures, and currency risk. However, global insurers invest directly in emerging markets by setting up subsidiaries rather than through portfolio investment, and this trend is increasing. Local insurers largely remain captive investors of local instruments and provide stability to the domestic securities market. The regulatory regime and the liquidity and depth of local markets play an important role in asset allocation decisions of insurers. Insurance companies are increasingly adopting asset liability management and risk control measures. However, insufficiently developed local markets and regulatory interventions on the liabilities side often limit optimal asset allocation
    Additional Edition: Erscheint auch als Druck-Ausgabe Kong, Janet Insurance Companies in Emerging Markets Washington, D.C. : International Monetary Fund, 2005 ISBN 9781451861075
    Language: English
    DOI: 10.5089/9781451861075.001
    URL: kostenfrei
    URL: kostenfrei
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    Open Access Request
    Stabi Berlin
  • 3
    Online Resource
    Online Resource
    Predictable Movements in Yen/DM Exchange Rates / (2000)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edocfu_9958084336402883
    Format: 1 online resource (36 pages)
    ISBN: 1-4623-9731-X , 1-4527-8653-4 , 1-282-00860-9 , 9786613795731 , 1-4519-0151-8
    Series Statement: IMF Working Papers
    Content: This paper examines the relevance of PPP, the adjustment channel of real exchange rate and the predictability of the movement in nominal exchange rate by studying the behavior of yen/DM exchange rate, using cointegration method. Results support PPP and find that the real exchange rate is mean-reverting. The change in the nominal exchange rate exhibits significant auto-regressive property. These findings imply that movements in the nominal yen/DM exchange rate is actually predictable. The error-correction model and a simple first order autoregressive model both outperform the random walk model in out-of-sample forecasting.
    Note: Bibliographic Level Mode of Issuance: Monograph , English
    Additional Edition: ISBN 1-4518-5633-4
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    FU Berlin
  • 4
    Online Resource
    Online Resource
    Predictable Movements in Yen/DM Exchange Rates / (2000)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edoccha_9958084336402883
    Format: 1 online resource (36 pages)
    ISBN: 1-4623-9731-X , 1-4527-8653-4 , 1-282-00860-9 , 9786613795731 , 1-4519-0151-8
    Series Statement: IMF Working Papers
    Content: This paper examines the relevance of PPP, the adjustment channel of real exchange rate and the predictability of the movement in nominal exchange rate by studying the behavior of yen/DM exchange rate, using cointegration method. Results support PPP and find that the real exchange rate is mean-reverting. The change in the nominal exchange rate exhibits significant auto-regressive property. These findings imply that movements in the nominal yen/DM exchange rate is actually predictable. The error-correction model and a simple first order autoregressive model both outperform the random walk model in out-of-sample forecasting.
    Note: Bibliographic Level Mode of Issuance: Monograph , English
    Additional Edition: ISBN 1-4518-5633-4
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    Charité
  • 5
    Online Resource
    Online Resource
    An Option-Based Approach to Bank Vulnerabilities in Emerging Markets / (2004)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edocfu_9958078246802883
    Format: 1 online resource (22 pages)
    ISBN: 1-4623-8234-7 , 1-4527-5231-1 , 1-281-08982-6 , 1-4518-9272-1 , 9786613775184
    Series Statement: IMF Working Papers
    Content: We measure bank vulnerability in emerging markets using the distance-to-default, a risk-neutral indicator based on Merton's (1974) structural model of credit risk. The indicator is estimated using equity prices and balance-sheet data for 38 banks in 14 emerging market countries. Results show it can predict a bank's credit deterioration up to nine months in advance. The distance-to-default, hence, may prove useful for bank monitoring purposes.
    Note: Bibliographic Level Mode of Issuance: Monograph , English
    Additional Edition: ISBN 1-4518-4521-9
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    FU Berlin
  • 6
    Online Resource
    Online Resource
    An Option-Based Approach to Bank Vulnerabilities in Emerging Markets / (2004)
    Washington, D.C. :International Monetary Fund,
    Details
    UID:
    edoccha_9958078246802883
    Format: 1 online resource (22 pages)
    ISBN: 1-4623-8234-7 , 1-4527-5231-1 , 1-281-08982-6 , 1-4518-9272-1 , 9786613775184
    Series Statement: IMF Working Papers
    Content: We measure bank vulnerability in emerging markets using the distance-to-default, a risk-neutral indicator based on Merton's (1974) structural model of credit risk. The indicator is estimated using equity prices and balance-sheet data for 38 banks in 14 emerging market countries. Results show it can predict a bank's credit deterioration up to nine months in advance. The distance-to-default, hence, may prove useful for bank monitoring purposes.
    Note: Bibliographic Level Mode of Issuance: Monograph , English
    Additional Edition: ISBN 1-4518-4521-9
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    Charité
  • 7
    Online Resource
    Online Resource
    An Option-Based Approach to Bank Vulnerabilities in Emerging Markets (2004)
    Washington, D.C : International Monetary Fund
    Details
    UID:
    gbv_845909002
    Format: Online-Ressource (22 p)
    Edition: Online-Ausg.
    ISBN: 1451845219 , 9781451845211
    Series Statement: IMF Working Papers Working Paper No. 04/33
    Content: We measure bank vulnerability in emerging markets using the distance-to-default, a risk-neutral indicator based on Merton''s (1974) structural model of credit risk. The indicator is estimated using equity prices and balance-sheet data for 38 banks in 14 emerging market countries. Results show it can predict a bank''s credit deterioration up to nine months in advance. The distance-to-default, hence, may prove useful for bank monitoring purposes
    Additional Edition: Erscheint auch als Druck-Ausgabe Jobert, Arnaud An Option-Based Approach to Bank Vulnerabilities in Emerging Markets Washington, D.C. : International Monetary Fund, 2004 ISBN 9781451845211
    Language: English
    DOI: 10.5089/9781451845211.001
    URL: kostenfrei
    URL: kostenfrei
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    Open Access Request
    Stabi Berlin
Nothing or not found what you are looking for? Please check your search query or use the Interlibrary Loan Search.
Close ⊗
This website uses cookies and the analysis tool Matomo. Further information can be found on the KOBV privacy pages