... rates to record levels for
months.
1
CURRENCY BOARD OR CENTRAL BANK?
LESSONS FROM THE IRISH POUND'S LINK WITH STERLING, 1928-79
1. Introduction
A currency board is an ... international
financial integration.
CURRENCY BOARD OR CENTRAL BANK?
Lessons from the Irish Pound's Link with Sterling,...
... that
these perceptions represent the best available estimates of the unobservable variables from the
perspective of the central bank. Similarly, we use the superscript
e
as a short-hand for the
rational ... to the most recent observation prior to the policy decision
from period t − 1, rather than from period k, that was the most recent period with a significant
cros...
... simple theoretical framework that justifies the empirical model is reported in Ehrmann et al. (2003). The
econometric approach is in line with the research conducted in the euro area within the ... on all
the coefficients, their standard errors and the miss-specification test for the regressions are
given in Tables A2 and A3 in the Appendix. Column A2.I reports the res...
... to the Government of the Republic or to a company referred to in paragraph
(b) or, with the approval of the Board, to any company in which the Bank has acquired shares in
accordance with the ... one—which mirrored the valuations used in the
CWN index—depending on the stringency or leniency of the legal provisions that govern
central bank lending to the gov...
... dialogue up and down the corporate ladder.
The way to harness the power of
these people is not to protect them…but
to turn them loose, and get the management
layers off their backs, the bureaucratic
shackles ... you may be working at the wrong company.
“Shun the incremental and
go for the leap.”
16
A
t most large corporations, it is the managers who rule, and the
workers w...
... are some
great lessons for brands to think about as they plan their own campaigns," said Steele. "There are
more tweets every two days now than total tweets leading up to the 2008 election." ... innovative; they
tweet about event s in real time, for instance, and show behind -the- scenes photos to followers.
"Because the political campaigns have to deal with a rapi...
... separate the
wheat from the chaff. At least t hat's the excuse I'm going to give for having my associate at
Renegade, Merlin Ward share the six unique lessons he gleaned from the recent ... oday.com
http://socialmediatoday.com/dneisser/1092601/6 -lessons- social-media-world-forum?
utm_source=feedburner&utm_medium=email&utm_campaign=Social+Media+Today+(all+pos...
... Stand up there, give information, give lots of
information and offer them the opportunity at the end of the information to
obtain more information if they want it, without pressure, without ... offering
more information. The price is on the form and they can decide when they
get the form whether they want to buy or not.
So a couple of quick points:
● Make sure that th...
... errors with the index values. If part of the next chronological event overlaps
with the first, we use the index values from the first event plus or minus the distance in event time
between the ... support this hypothesis.
Keywords: bank relationship, bank distress, Norwegian banking crisis.
∗
The authors are from Tilburg University (steven.ongena@kub.nl), the B...
...
underlying causes of the crisis need to be understood in order to draw lessons for reform. The evidence
points to the importance of three connected factors:
• The role of the Landesbanken.
• ... supervisory measures rests with the BaFin.
The prudential risk profile prepared by the Bundesbank provides the main basis for the supervisory
judgment. Only in exceptional...