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non-financial agents. Households favoured liquid and low-risk savings instruments. Households and fi rms reduced bank … borrowings but their debt ratios rose further. …
Persistent link: https://www.econbiz.de/10009274749
Households have continued to take on debt at a sustained pace, while simultaneously building up their financial assets …. Non-financial corporations have increased their use of bank loans and securities issuance. Meanwhile, the general …
Persistent link: https://www.econbiz.de/10009283345
In 2009, the value of France’s national economic wealth fell for the second year running, but at a slower rate than in 2008. The upturn in net financial wealth partly offset the more pronounced contraction in the value of non-financial wealth, which was essentially caused by weaker property...
Persistent link: https://www.econbiz.de/10009195479
At end-2012, net assets held by French investment funds stood at a slightly higher level than at end-2008: France remained in second place for investment funds in the euro area.
Persistent link: https://www.econbiz.de/10010699567
The French investment fund industry is one of the biggest in the euro area. In response to the crisis and regulatory changes, money market funds have adjusted the structure of their portfolios, increasing the share of securities issued by financial institutions at the expense of those issued by...
Persistent link: https://www.econbiz.de/10010635610
This paper develops and refines a quick method for analyzing bond yields until maturity given their market price. It briefly discusses bond ratings and defines yield curves and examines their characteristics, uses and how information can be derived about the market sentiment by their analysis...
Persistent link: https://www.econbiz.de/10011210309
This paper estimates bond-by-bond "haircuts"-realized investor losses-in recent debt restructurings in Russia, Ukraine …
Persistent link: https://www.econbiz.de/10005825806
system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …
Persistent link: https://www.econbiz.de/10005590924
This 2002 Article IV Consultation highlights that the economic growth of Korea rose to about 6 percent in 2002 from 3 percent in 2001. Buoyant consumption and residential construction spending underpinned the recovery beginning in late 2001. In 2002, exports rebounded strongly in spite of a...
Persistent link: https://www.econbiz.de/10005598815
Persistent link: https://www.econbiz.de/10010234125