Giuseppe Gramigna- Capital Allocation in the U.S. Financial Sector
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1. The document examines whether too much capital in the U.S. financial sector caused the 2008-2009 crisis and whether capital was inefficiently allocated. Specifically, it questions if too much capital went to the real estate sector instead of business and small business lending. 2. It finds that commercial banks significantly increased their real estate loan positions but only slightly increased business loan positions between 2007-2010. Banks also increased concentration in real estate loans while reducing concentration in business loans. 3. Delinquency rates reveal that risk in real estate loans increased significantly for commercial banks during 2007-2010, while risk in business loans only increased slightly, indicating flawed capital allocation toward real estate over business sectors.
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Incorrectly explained
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Partially explained
Incorrectly explained
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Inappropriate answer
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0
Score
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Partially explained
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This document summarizes discussions from a conference on financial factors and productivity. It discusses three papers that found credit frictions have significant negative impacts on firm productivity. More bank forbearance during crises leads to less "cleansing" of unproductive firms but also less growth after crises. While bank recapitalization aims to strengthen banks, it can also act like forbearance. The document discusses reconciling these results and their implications for policies that preserve credit supply.Investor Worries
Investor worries often arise during periods of market volatility. Some common mistakes investors make include trying to time the market, failing to diversify their portfolio, having unrealistic expectations, and not investing systematically. The best approach is to remain calm and disciplined, and avoid making rash decisions based on fear or greed. Investing regularly through good and bad times, and maintaining a diversified portfolio appropriate for one's risk tolerance, is the strategy most likely to achieve long-term investment goals.
Investor Worries
Investor worries often arise during periods of market volatility. Some common mistakes investors make include failing to diversify their portfolio, not monitoring it regularly, having unrealistic expectations, and making emotional decisions rather than following a clear strategy. The best approach is to invest systematically over the long term and ignore attempts to time the market. Periods of pessimism often present good opportunities to invest in equities at low prices. Maintaining a balanced, diversified portfolio and staying disciplined can help investors weather downturns and achieve their financial goals.
Ana Gouveia - Financial Policies, financial systems and productivity - Discus...
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This document summarizes discussions from a conference on weak productivity and the role of financial factors and policies. It discusses four academic papers and their findings. The first paper finds that restricted credit availability due to the financial crisis led to increased business failure, especially for highly leveraged firms. The second paper finds that weak banks and high firm leverage reduced investment, and this effect was stronger for firms linked to weak banks with high rollover risk. The third paper finds that loose monetary policy increased productivity growth by alleviating credit constraints, while quantitative easing reduced productivity growth. The document then discusses insights from research on Portugal, including definitions of weak banks, mechanisms like the link between weak banks and zombie firms, non-linear effects of leverage on investmentSummer training report
The document presents findings from a study on the effect of the 2008 financial crisis on investors' investment patterns in India. The study found that while the crisis impacted some sectors more than others, investors remain optimistic about the long-term growth prospects of both the Indian and US economies. Most preferred future investment sectors included services and savings accounts.
May 2015 real estate securities funds monitor
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EV - May 2015
Eagle Wealth Strategies is an independent financial advisory firm located in West Deptford, New Jersey. The firm provides comprehensive financial planning services to individuals, families, and professionals. In this issue: the economy and markets are mild with modest gains; the biggest financial concerns for clients are healthcare costs, taxes, and protecting assets; the benefits of diversification are highlighted; and updates are provided on staff, community involvement, awards, and office expansion.
The past present and future of venture capital
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The Manual of Ideas - Asia Insights
Many thanks to Sid Choraria, Managing Partner, Marwar Capital, for mentioning The Moat Report Asia (Pg 9): "I find The Moat Report Asia an excellent source on learning about Asia".
ATIS Market Roundup - Issue 5
The document discusses the effects of a strong US dollar on the US economy. It notes that while a strong dollar benefits consumers through lower import prices and inflation, it hurts US-based multinational corporations as their foreign profits are worth less when converted to dollars. It also negatively impacts US manufacturers and exporters as their goods become more expensive overseas, which could weigh on US economic growth given manufacturing's large GDP contribution. Overall, the strong dollar presents challenges and opportunities for different sectors of the US economy.
Acquiring Your First US Customer (1/14/20, Tel Aviv)
So you founded a startup based in Israel, but your target customers are all the way in the US. How do you approach customers so far away? And when is the right time?
In this interactive session, UpWest Founding Partner Gil Ben-Artzy will cover topics including when in the product dev cycle to first engage with US customers, how to build your sales pipeline, and how to identify early adopters.
Gil will draw from his experience investing in Israeli startups targeting the US market, including case studies from UpWest portfolio companies.
UpWest is a Silicon Valley-based venture fund investing in Israeli entrepreneurs looking to break into the US market. Our portfolio has raised $1B in follow-on funding from over 200 investors. Select investments include SentinelOne, HoneyBook, Jolt, Stampli, and CyCognito.
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Responding To Crisis: Planning as Competitive Advantage!
In the aftermath of the debt ceiling debate S&P downgrade, the C-Suite has to deal with increased complexity and ambiguity. This webinar delivered basic research and feedback from C-level execs, and offers guidance on utilizing action focused planning to increase competitiveness.
Do Initial Public Offerings impact Capital Structure [cm716]
This document discusses initial public offerings (IPOs) and their potential impact on capital structure. It provides background on IPOs, noting they allow private firms to go public to raise funds. It reviews literature on the motives for IPOs, including rebalancing capital structure, market timing, and signaling quality to investors. The document also discusses capital structure and examines the limited existing research analyzing the impact of IPOs on capital structure. It describes the objective of the report as analyzing whether IPOs from 2001-2014 in the UK and US consumer services sector significantly impacted capital structure in the year before and after the IPO.
Navigating Downturn Alley - The PRactice May 2016 issue
The startup environment in India is still positive but there are some signs of trouble in this ‘paradise’. Our 4th Viewpoint Roundtable – Navigating Downturn Alley – was aimed at highlighting ways in which startups can build greater brand relevance in good times in order to make it through the not-so-good ones. But is all this talk of a recession and systemic issues in the startup ecosystem overblown? One of our guest writers explains why she thinks so. We also explore the links between CSR, charity and business cycles through past recessionary data and a conversation with the Bangalore head of a charitable trust.
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The document provides an overview of the activities of AECM (Association of European Guarantee Institutions) from June 2018 to June 2019. It summarizes that AECM focused on future EU financial instruments, digitization, communication, impact measurement, statistics, and strengthening membership. It also discusses AECM's engagement in international relations and the exchange of best practices. Upcoming priorities include further political representation, digitization, impact assessment, statistics, and international collaboration.Fintech, Blockchain and digitalisation of SME: EC action
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Leonardo Nafissi has gained an experience of over 25 years about Confidi and works both in regional and national contexts. He’s member of the Technical Committee of Assoconfidi and since 2013 he has been head of Assoconfidi’s Secretariat. Assoconfidi is the Association of the National Federations of Confidi of all economic sectors and operates as a unanimous representative of Confidi towards national public Institutions.
At the same time Leonardo Nafissi is the Director of Fedart Fidi, the national Federation representative of Confidi operating in the craftsmanship sector, which he has been collaborating with since its constitution more than 20 years ago. He’s responsible for lobbying towards public institutions and banks, for several national projects aimed to elaborate a strategic address for associated Confidi on the main subjects of their interest. He is also responsible for the Annual Survey on handcraft Confidi, which for more than 20 years has been describing the main characteristics and trends of the system and has been identified as an important instrument of knowledge of handcraft Confidi for the different representatives.
AECM
This document provides information about the Guarantee Fund of the Autonomous Province of Vojvodina in Serbia. It summarizes the fund's purpose, governance structure, business processes, and key performance metrics from 2005-2014. The fund issues guarantees to support agriculture, exports, and women entrepreneurs in Vojvodina. Over this period, it issued over 1,500 guarantees totaling over 35 million euros. The largest areas of support were procurement of agricultural machinery and purchase of agricultural land. In 2014, the fund had 10.2 million euros in exposure and a guarantee potential of over 20 million euros.
AECM Annual Event 2015 - Jean-Claude Depoisier
Vice President
Fédération Nationale des SOCAMA, France
Plumbing and heating professional in Mende, Jean-Claude Depoisier is Administrator of SOCAMA for the Midi region. Born in 1949, he entered the Board of the National Federation of Socama in 1996 and became its Secretary in 2000. Assistant Treasurer in 2007, he is part of the council secretariat in 2008 and becomes Vice President in 2012.
He is Chairman of the Social Security Fund of the Municipality of Lozère (CPAM + CAF + URSSAF) and of CAP Employment.
AECM Annual Event 2015 - Nathalie Noel
Le Fonds Bruxellois de Garantie a pour mission de faciliter l’octroi de crédits professionnels dans la Région de Bruxelles-Capitale en fournissant aux organismes de crédit, moyennant le paiement d’une contribution forfaitaire unique, une part substantielle des garanties qu’ils exigent des PME et des indépendants.
AECM Annual Event 2015 - Alexander Schumann
Since October 2011 Alexander Schumann is Chief Economist and Head of Economic Policy Department at the Association of German Chambers of Industry and Commerce.
Previously, from 2006 to 2011, he was Head of Strategic Unit at the Federal Labour Agency, from 2005 to 2006 Project Manager at the Department of Economic and Social Policy Affairs of the Bertelsmann Foundation, from 2004 to 2005 Economist at the Banco Espírito Santo in Lisbon.
Alexander Schumann started his career as an editor at a newspaper and worked later also in the area of public relations. He studied Economics and made his PhD at the universities of Leipzig and Lisbon and worked as research associate.
AECM Annual Event 2015 - Jerzy Jacek Szugajew
Vice President of the Management Board, Bank Gospodarstwa Krajowego (State Development Bank), responsible for Corporate Banking Division, including relationship management, structured finance, export finance, product development and guarantee programs for SMEs.
Responsible for client base including both mid-caps and large corporates as well as public sector and financial institutions. Vice Chairman of bank’s Credit Committee, Member of Operational Risk Committee.
He has previously been Executive Director at bank PKO BP S.A. , General Manager and President of the Management Board of Rabobank Polska S.A., Senior Corporate and Investment Banker, Member of the Management Board of ABN AMRO Bank (Polska S.A)., Sales and Product Head for CEE Region Global Transaction Services (ABN AMRO Bank N.V. Head Office, the Netherlands), Deputy Director Corporate Banking (Citibank Poland S.A.) and Division Head (National Bank of Poland, Foreign Department).
Mr Szugajew participates in enhancement of corporate and investment banking operations, building local (Poland) and regional (CEE) corporate banking franchise, while working for leading international and Polish banks.
AECM Annual Event 2015 - Alessandro Carano
Alessandro Carano is Adviser to the deputy Director General of the European Commission Directorate for Economic and Financial Affairs. He works on the Investment Plan for the Europe and the European Fund for Strategic Investment.
He was previously Managerial adviser and Head of Unit at European Investment Bank, responsible for the institutional relationship with EU Institutions and other IFIs on policies and activities outside the EU. He led the negotiations on the new EIB External Lending Mandate for the period 2014-2020, allowing up to EUR 30bn in EIB financing in support of EU external action. He contributed to the establishment of the Western Balkans Investment Framework and other blending mechanisms. He worked on the Mid Term review of EIB external mandate including support to the steering committee of wise persons chaired by M. Camdessus, and subsequent codecision procedure. He has also worked in the Projects directorate of the EIB. Previously he worked for Procter & Gamble. He holds an MBA from Vlerick management school and engineering MSc degree from Turin Politechnic University.
AECM Annual Event 2015 - Leonardo Nafissi
Leonardo Nafissi has gained an experience of over 25 years about Confidi and works both in regional and national contexts. He’s member of the Technical Committee of Assoconfidi and since 2013 he has been head of Assoconfidi’s Secretariat. Assoconfidi is the Association of the National Federations of Confidi of all economic sectors and operates as a unanimous representative of Confidi towards national public Institutions.
At the same time Leonardo Nafissi is the Director of Fedart Fidi, the national Federation representative of Confidi operating in the craftsmanship sector, which he has been collaborating with since its constitution more than 20 years ago. He’s responsible for lobbying towards public institutions and banks, for several national projects aimed to elaborate a strategic address for associated Confidi on the main subjects of their interest. He is also responsible for the Annual Survey on handcraft Confidi, which for more than 20 years has been describing the main characteristics and trends of the system and has been identified as an important instrument of knowledge of handcraft Confidi for the different representatives.
AECM Annual Event 2015 - Astrid Bartels
Astrid Bartels works in the Directorate General for the Internal Market, Industry, Entrepreneurship and SMEs of the European Commission. She has been with the COSME Financial Instruments unit for the past three years where she is responsible for the co-ordination of the implementation of the COSME Financial Instruments. Prior to this position, she worked in the area of chemicals legislation where she was instrumental to the setting up of the European Chemicals Agency in Helsinki.
Before joining the European Commission she was a corporate relationship manager with Deutsche Bank for ten years and spent two years as a Management Consultant with Bain & Company. She holds an MBA from the Kenan-Flagler Business School of the University of North Carolina in Chapel Hill.
AECM Annual Event 2015 - Pietro Calice
Pietro Calice is a Senior Financial Sector Specialist with the Finance & Markets Global Practice of the World Bank Group. In his capacity, Pietro manages the financial sector development work program in Libya, Palestinian Territories and Saudi Arabia. He also manages regional and global engagements. In particular, Pietro specializes on SME finance, state-owned financial institutions, including credit guarantee schemes, and bank competition policy. He has written extensively on financial stability issues and financial inclusion. Prior to joining the World Bank Group, Pietro served in different capacities at the African Development Bank, including as coordinator for the operational work with African development finance institutions, and worked at rating agencies and investment banks as a bank credit analyst. He has an MSc in Banking and Finance, an MPhil in Development Studies and is a PhD candidate in Economics.
AECM Annual Event 2015 - Gunnar Mai
Gunnar Mai is heading the EU Guarantee Facilities division at the European Investment Fund and is responsible for managing the COSME Loan Guarantee Facility and Erasmus+ Master Loan Guarantee Facility. His areas of expertise include financial guarantees, securitisation and structured credit products.
Gunnar started his career at Deutsche Bank London providing financing solutions to investors in commercial real estate throughout Europe. After five years at Deutsche, he joined Swiss Reinsurance to work mainly on financial guarantee transactions.
He studied Business Administration at WHU Otto Beisheim School of Management in Germany and Chile and participated in the MBA programme of Cranfield School of Management, England. Gunnar is a CFA Charter holder.
AECM Annual Event 2015 - Lucia Cusmano
The document summarizes Lucia Cusmano's presentation at the AECM Annual Seminar in Berlin on June 19, 2015 about building a conducive environment for innovative small- and medium-sized enterprises (SMEs). It discusses challenges SMEs face such as access to finance and regulations, and how business investments have shifted to non-OECD countries. It also outlines an OECD project to benchmark SME performance and business environment policies across countries to help address these challenges.
AECM Annual Event 2015 - Pablo Pombo
- Globally, guarantee systems are a heterogeneous and internationally recognized reality that help improve access to financing for SMEs.
- Conceptually, guarantee systems help address information asymmetries between lenders and SMEs and can help classify risk to optimize financial institutions' management and regulatory requirements.
- Strategically, guarantee systems should be fully integrated into the financial system through a "strategic alliance" to best transfer credit risk from banks to the guarantee system and promote SME access to financing.
OTS Maribor - KURT LEUTGEB
Kurt Leutgeb (Austria Wirtschaftsservice, aws) - session 16/04/2015
Kurt Leutgeb's presentation at the Operational Training Session held on the 16/17 April 2015 in Maribor.
(a new version of this presentation was uploaded on 2/07/2015 to include more data)
OTS Maribor - MARK HAMBLY
Mark Hambly (British Business Bank)
Mark Hambly's presentation at the Operational Training Session in Maribor 16/17 April 2015
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在线办理(GU毕业证书)美国贡萨加大学毕业证学历证书一模一样
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1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
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3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.The Impact of GST Payments on Loan Approvals
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
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How will new technology fields affect economic trade?
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Economic Risk Factor Update: June 2024 [SlideShare]
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
1. Elemental Economics - Introduction to mining.pdf
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
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Bridging the gap: Online job postings, survey data and the assessment of job ...
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OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.Tdasx: In-Depth Analysis of Cryptocurrency Giveaway Scams and Security Strate...
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