[...]This article investigates whether changes in the termpremium tend to distort the term spread’s recession signals.3We begin by decomposing the term spread into an expectationscomponent and a term premium component, based on the Kimand Wright (2005) term premium estimates. Next, we...

[...]A key finding of our work is that for small auction sizes,TIO interest rates are fairly comparable to MBS repo rates forterm lengths of five days or more. However, shorter termlengths result in the Treasury receiving lower TIO rates relativeto market rates. We also observe a negative...

Terms and Essays -- Deposit Insurance Schemes -- Gramm-Leach-Bliley Act: Creating a New Bank for a New Millennium -- Pre-funded Coupon and Zero-Coupon Bonds: Cost of Capital Analysis -- Intertemporal Risk and Currency Risk -- Credit Derivatives -- Foreign exchange risk premium and policy...

Part 1: remarks on the methodology of financial management from theory and practice -- From impact to insight - family business and financial leadership in practice and theory -- Five development stages of financial management of family businesses -- Part 2: transparency: kickstarter for...