principal components are applied to third world debt countring rating data to establish which economies exhibit systematic versus unsystematic elements of risk. a graphic extension of principal components is useful in providing a picture of countries with economies that diverge from the group....

a new measure of tourism spending expenditures, using sales tax data, might be more complete than other methods found in the literature. the authors assert that benefits of tourism spending can be measured only in terms of profits in the form of actual taxes the jurisdictions collect and by...

Average balances in a business checking account at commercial banks derive out of excess receipts over disbursements during the course of a normal month of transaction activity. Such balances - which are in a sense volunteered to the bank by the customer - can serve to lower the nominal loan...

By convention, borrowing capacity of the balance sheet of a bankable company is determined by some maximum ratio structure of creditor claims to owner claims. Various studies have attempted to determine the level at which this structure becomes unsustainable. In this paper, we provide a model...

Banks have been shown to price international commercial loans to sovereign borrowers by setting certain levels of interest rate, loan maturity, and grace period in order to properly adjust for risk of nonpayment. We demonstrate a model employing these risk adjustment parameters to determine if a...

A model is provided for use by international lenders to government-guaranteed corporate lenders. The model recognizes that international lenders adjust a number of parameters - interest rate, maturity, loan size, grace period - in arriving at an all-in price for risk borne. The model provides a...

I illustrate a model that uses simple statistical conventions to forecast future financing of the cash conversion cycle. The upper bound of a confidence interval provides the basis for the line-of-credit turnover ratio, and the credit line size. This simple method can easily be used by...

Lien theory, private mortgage insurance, balloons, biweeklies, wraps, bridge financing, ARMs vs GPMs, growing equities, share appreciation mortgages, loan processing, adjournments, apportionments, judicial foreclosures, deed in lieu, assignments, extensions, condominium finance, sale leasebacks,...

Regaining emergency cash control, unused borrowing capacity, using float, credit meltdown, cash survival, mining cash in inventory, Superdisk: what went wrong, regaining credit, deflating work in process balloon, forecasting during turnaround, implementing turnaround and marketing budget,...