In the conventional Post Keynesian account of money supply determination (and the conduct of monetary policy), it is the rate of interest set by the central bank that is exogenously determined while the quantity of money is determined by the demand for bank loans, which in turn is dependent ...
The first one is the haircut (Haircut) applied to the security when used as collateral in Eurosystem credit operations (source: ECB), expressed as a percentage over the value of the bond. Higher values of Haircut indicate a higher level of credit risk. The second one (Rating) is the bond...
The legal framework for resolving sports-participation disputes involving physically impaired athletes is still developing. Recent case law reflects a split decision regarding the legality of excluding athletes whose condition, in the opinion of the team physician, exposes them to an increased risk of ...
No abstract is available for this item. Chair,MD Knight - Economic Policy Symposium-jackson Hole 被引量: 797发表: 2005年 Talking heads: the effects of ECB statements on the euro–dollar exchange rate This paper studies the reaction of the conditional mean and volatility of the euro–dollar ex...
Consumers sometimes find it difficult to make a sensible decision when buying a particular product because___.A.many advertisements are to difficult for them to understandB.they are afraid to be taken in by dishonest advertisementC.mass advertising
After years of experiencing growing discretionary powers – encouraged by politicians – the ECB is now complaining that the European Commission might restrict its power. They see ‘considerable problems’ with limitations on ‘supervisory flexibility’, according to Reuters. In other words rules are no...
decision of designating the audit team leaders [ATLs] [49], who are presumed to be the main character of the audit team appointed. When an audit partner agrees with the client to carry out an audit engagement, they must adjudicate which audit member is going to be responsible (audit team ...
decrease with metacognitive awareness. On the whole, the complex data suggest that further research on the HHF would be helpful for implementing novel ways of avoiding the fallacy, if needed. Keywords: hot hand fallacy;metacognition;awareness;heuristics;decision-making...
Bleak growth outlook.The European Central Bank (ECB) has cut its benchmark interest rates by 25 bps for the third time this year, bringing the deposit facility rate to 3.25%. The ongoing disinflationary trend was cited as the primary driver for the consecutive rate cuts. Driven by a sharper...
Analyzing the recovery of the banking system, interestingly, is one place where the different forms of QE as practiced by the Fed in the US and the ECB in Europe appear to have had varying impacts. The Fed bought assets from the banking system, and this did two things. It provided liquid...