Economics

This course will focus on the environment of firms with particular emphasis on economic variables such as GNP, inflation, interest rates, exchange rates and international trade. The course is divided into five parts: The first presents the basic tools of macroeconomic management by focusing on...

This study examines the development of monetary theory and various policy frameworks as implemented at the time of writing. The aim of the study was to determine the effect of monetary policy on disintermediation and re–intermediation throughout the periods of the various monetary policy...

Is inflation targeting an appropriate framework for monetary policy? Experience from the inflation-targeting countries countries are optimistic about inflation targeting as a monetary-policy framework. South Africa is also following this trend.The international literature review of the topic...

Dita Eka Pertiwi Sirait, 2011, The Effect of Interest Rates, Firm Size, Firm Growth, and Debt Ratio On Yield To Maturity of Conventional Corporate Bond At Indonesia Stock Exchange Period 2009-2010Dr. Khaira Amalia F, SE.Ak, MBA, Drs. Syahyunan, M.SiThe Company requires substantial funds to run...

This paper provides an empirical description of the behaviour of excess returns on UK government discount bonds interms of risk factors such as the forward premium, the slope of the term structure, dividend yields and excess stockreturns. We identify the existence of a time-varying term...

Since the early 1990s, credit expanded relative to income, especially after 2001. It is hypothesized that traditionally uneven credit access and gaps in the costs of credit by demographic characteristics shrank during this period. Relying on data from the Federal Reserve’s Survey of Consumer...

Over the past few decades, financial markets became increasingly deregulated and household debt expanded, sometimes rapidly. It is thus possible that greater deregulation led to improved credit access for typically underserved groups, such as minorities and low-income families, relative to their...