... 26,301-325.
Financial Accounting Standards Board, 1980, Statement of financialaccounting concepts
No.2:
Qualitative characteristics
of
accounting information (FASB, Stamford,
CT).
Financial Accounting ... changes and
accrual changes; cross-correlation between accrual and cash flow changes; and cross-serial
correlation between accrual changes and cash flow changes have predicted signs and are ...
Brooks and Buckmaster (1976) and more recently Finger (1994) and Ramakrishnan and Thomas (1995).
46
Table
5
Predicted
and
actual
values
of
serial
correlations
and
cross-correlations
between...
... the relationship between the FASB and the SEC? What role does Congress
play in setting accounting standards?
FINANCIAL ACCOUNTINGAND ITS ENVIRONMENT 21
FinancialAccountingand Its Environment ... AND ITS ENVIRONMENT 5
EXHIBIT 1-3 Overview of Financial Accounting
Past
Transactions
and Other
Economic
Events
Financial
Accounting
Process
Financial
Statements
Decision
Makers
FinancialAccounting ... in and in-
fluenced by financialaccounting information. Accordingly, the distinction between finan-
cial andmanagerialaccounting depends on who is the primary user of the information.
Tax Accounting
Tax...
... trade (exports and imports) and invisibles (payments and receipts for financialand other
services). We transformed each measure into a 0 to 100 scale taking 100*(CAPITAL/4) and
100*(CURRENT/8). ... Eichengreen, and Wyplosz
2001, 11; Rodríguez and Rodrik 2000, 28-34; and Eichengreen forthcoming, 6.
We explicitly address the first and third round of studies of capital account liberalization and ... liberalization in financial repressed economies have tended to result in
speculative bubbles with subsequent financial crashes. (See Reinhart and Kaminsky 1998 and
Williamson and Mahar 1998 for...
...
trade barriers. Australia has joined WTO and signed free trade agreements with the
United States and Thailand in 2005, with Singapore in 2003 and with New Zealand
from 1993. It is now in negotiating ... and
f
π
are home and foreign quarterly inflation rates respectively (based on CPI
change); andand are exchange rates at time the quarterly change in the
nominal exchange rate at time t and ... (1988) and Ardeni and Lubian (1991) reject long-run PPP. However,
Diebold, Husted and Rush (1991), Cheung and Lai (1993), Edison (1987), Frenkel
(1981), Branson (1981), Desai (1981), and Miller...
... Surveys of Consumers, November and December 2001.
Household Financial Management: The Connection between Knowledge and Behavior 311
and more research on budgeting and cash-flow man-
agement is ... June
2002) (www.msb.georgetown.edu/prog/crc /pdf/ WP65 .pdf) .
Household Financial Management: The Connection between Knowledge and Behavior 315
Knowledge of Saving and Saving Behaviors
Households with ... Bad
to Worse: Financial Literacy Drops Further among 12th Graders,’’
press release, April 23, 2002.
10. Lawrence J. Kotlikoff and B. Douglas Bernheim, ‘‘Household
Financial Planning and Financial...
... establish costs and revenues in local currency.
Bae 13
General Rules
General Rules on Using
Currency Options versus Currency Futures
When quantity of a FC cash flow is partially known
and partially ... Schweppes (CS)
Company:
Type: British multinational corporation
Major Products: soft drink (55%) and candy (45%)
Employees: 39,066
Annual Sales: $5,730,000,000
Operations: Markets in more than 170 ... struck (1.7 deutsche
marks, 5.7 French francs, 6.5 Finnish markka, and
4.0 Norwegian kroner).
=> These strike levels give the Scandinavian
customer a ceiling on the amount of foreign
currency...
... future, support Landesbanken” and
4
The same holds for debt obligations issued between 2001 and 2005 and will mature after 2015. All other debt
obligations issued between 2001 and 2005 are still ... from 2006-2008 (pre- and post-crisis) we are also able to distinguish between demand and
supply effects of the financial crisis. While there is an overall decrease in demand of loan
applications ...
Dai, Ongena, and Smith (2003), Mian (2006), Peek and Rosengren (1997), and Rajan and
Zingales (2003) analyze the opportunities and limits of banks entering foreign countries and the
effect...
... equipment; and other machinery and equipment.
Wood and paper product
manufacturing (includes
only log sawmilling and
timber dressing; and paper
and paper product
manufacturing)
Petroleum and chemical
products ... footwear; wood and wood products; paper, printing and publishing;
petroleum and coal products; chemicals; rubber and plastic products; non-metallic mineral products; basic
metals and products; ... 1996-97
Tables 7 and 8 illustrate the supply and use tables developed for Australia in ABS (2000)
for the 1996-97 financial year. Supply and use tables were also developed for each State
and Territory...
... and Pritsker (2002)),
information asymmetries (Calvo and Mendoza (2000)), and wealth constraints (Kyle and Xiong (2001)). As such, their focus is less on
the nexus between network structure and ... (2003), `Random graphs as models of networks', in Bornholdt, S and Schuster, H G
(eds), Handbook of graphs and networks, Wiley-VCH, Berlin.
Newman, M, Strogatz, S and Watts, D (2001), `Random ... epidemiology and ecology, and despite the obvious parallels
between nancial systems and other complex systems that have been highlighted by prominent
authors (eg May et al (2008)) and policymakers...