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Persistent link: https://www.econbiz.de/10010385045
Countries' concerns about the value of their currency have been studied and documented extensively in the literature. Capital controls can be—and often are—used as a tool to manage exchange rate fluctuations. This paper investigates whether countries can benefit from using such a tool. We...
Persistent link: https://www.econbiz.de/10011027204
The risk of repudiation plays a central role in the size and nature of international capital flows. In this paper the author addresses the question of whether, in a world of international capital flows with risk of default, strategic externalities provide a rationale for regulation of...
Persistent link: https://www.econbiz.de/10005401983
The risk of repudiation plays a central role in the size and nature of international capital flows. In this paper the author addresses the question of whether, in a world of international capital flows with risk of default, strategic externalities provide a rationale for regulation of...
Persistent link: https://www.econbiz.de/10010397500
Persistent link: https://www.econbiz.de/10005712869
The sincere and open orientation towards solving the customer‟s problem is the key the manager uses to open the door to success. In business there are only two ways to create and maintain a long term superior performance: an exceptional customer care and a constant innovation.
Persistent link: https://www.econbiz.de/10008876420
Investments represent the material support system of any sort of economic growth, they contribute greatly to ensuring a … of the structure and stage of development studied. Investments are easily affected by different factors or phenomena … to summarize what happens with the investments when the economy goes down. The greatest risk nowadays is the volatility …
Persistent link: https://www.econbiz.de/10008876423
In this study, authors Joseph Gagnon, Matthew Raskin, Julie Remache and Brian Sack review the Federal Reserve’s experience with implementing the LSAPs between late 2008 and March 2010. They explain that the target fed funds rate was set as low as possible in December 2008. Thus, to further...
Persistent link: https://www.econbiz.de/10009146806
High-powered incentives may induce higher managerial effort, but they also expose managers to idiosyncratic risk. If managers are risk averse, they might underinvest when firm-specific uncertainty increases, leading to suboptimal investment decisions from the perspective of well-diversified...
Persistent link: https://www.econbiz.de/10009395278
Remarks at the Central Reserve Bank of Peru on the Foreign Sovereign Immunities Act and Central Bank Immunity in the United States.
Persistent link: https://www.econbiz.de/10008740001