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The international transactions accounts provide information on trade in goods and services (including the balance of payments and the balance of trade), investment income, and government and private financial flows. In addition, the accounts measure the value of U.S. international assets and...
Persistent link: https://www.econbiz.de/10005857510
This paper represents a first attempt at a tractable analysis of how monetary policy influences the income distribution in an economy. It presents a monetary growth model in which inflation affects credit market efficiency, and via this link, influences capital accumulation, and the income...
Persistent link: https://www.econbiz.de/10009418926
This paper analyzes the investment timing of firms facing two dimensions of financingconstraints: Liquidity constraints and capital market frictions inducing financing costs. We showthat liquidity constraints are not sufficient to explain voluntary investment delay. However, whenadditionally...
Persistent link: https://www.econbiz.de/10008911536
This paper uses mortgage data to construct a measure of terms on which households access to externalfinance, and relates it to consumption at both the aggregate and cohort levels. The Household ExternalFinance (HEF) index is based on the spread paid by risky borrowers in the mortgage market....
Persistent link: https://www.econbiz.de/10009138498
The paper argues that networked firms are likely to have an advantage in securing externalfinance in countries with weak legal and judicial institutions since it helps financial institutionsto minimize the underlying agency costs of lending. An analysis of recent BEEPS data fromfifteen Central...
Persistent link: https://www.econbiz.de/10009360517
Instrumente der Außenfinanzierung werden üblicherweise in Eigenkapital und Fremdkapital unterteilt. Die in der Finanzwirtschaft entwickelten Abgrenzungsmerkmale führen zu einer guten Charakterisierung verschiedener Finanzierungsinstrumente.Die Wahl des Merkmals "Rechtsstellung im Konkurs" als...
Persistent link: https://www.econbiz.de/10005864137
Die Finanzierungsrechnung ist als finanzwirtschaftliches Teilsystem des Rechnungswesens anzusehen. In ihr werden die Ein- und Auszahlungen einer Periode in Staffel- oder Kontoform gegenüberstellt. (...)
Persistent link: https://www.econbiz.de/10005851967
Website of Census Bureau programs covering local, state and federal agencies and activities.
Persistent link: https://www.econbiz.de/10005855338
Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large and rising future costs related to the ageing of their populations. In this...
Persistent link: https://www.econbiz.de/10005870962