Kinh doanh - Marketing
Kinh tế quản lý
Biểu mẫu - Văn bản
Tài chính - Ngân hàng
Công nghệ thông tin
Tiếng anh ngoại ngữ
Kĩ thuật công nghệ
Khoa học tự nhiên
Khoa học xã hội
Văn hóa nghệ thuật
Sức khỏe - Y tế
Văn bản luật
Nông Lâm Ngư
Kỹ năng mềm
Luận văn - Báo cáo
Giải trí - Thư giãn
Tài liệu phổ thông
Văn mẫu
Giới thiệu
Đăng ký
Đăng nhập
Tìm
Danh mục
Kinh doanh - Marketing
Kinh tế quản lý
Biểu mẫu - Văn bản
Tài chính - Ngân hàng
Công nghệ thông tin
Tiếng anh ngoại ngữ
Kĩ thuật công nghệ
Khoa học tự nhiên
Khoa học xã hội
Văn hóa nghệ thuật
Y tế sức khỏe
Văn bản luật
Nông lâm ngư
Kĩ năng mềm
Luận văn - Báo cáo
Giải trí - Thư giãn
Tài liệu phổ thông
Văn mẫu
Thông tin
Điều khoản sử dụng
Quy định bảo mật
Quy chế hoạt động
Chính sách bản quyền
Giới thiệu
Đăng ký
Đăng nhập
0
Trang chủ
Tài Chính - Ngân Hàng
Quỹ đầu tư
MUTUAL FUND BANKING: A MARKET APPROACH
Đang chuẩn bị liên kết để tải về tài liệu:
MUTUAL FUND BANKING: A MARKET APPROACH
Việt Cường
79
15
pdf
Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
Interested in becoming amoney market credit analyst? Your job will be to identify issuers that carry minimal credit risk to the fund, meaning that they have a very high likelihood of repaying the fund when their securities mature. But within this group of very high quality compa- nies, you’ll be making distinctions, evaluating which securities should have a higher yield than others, and how much that yield premium should be. To do this work, you’ll review balance sheets, income statements, business plans, stock prices, and any other indicators of financial wherewithal, with a strong focus on short-term assets and liabilities. You’ll look at the rating agency opinions as well as. | Mutual Fund Banking A Market Approach Tyler Cowen and Randall Kroszner Introduction We examine mutual fund banking as an alternative form of financial intermediation. Individuals would hold checkable deposits at financial intermediaries structured as mutual funds. Although the nominal value of depositor holdings would not be fixed risk could be hedged through the choice of portfolios. The regulations embodied in the Glass-Steagall Act federal deposit insurance and Federal Reserve operations would not be necessary to provide a sound and efficient banking and financial system. Our treatment of mutual fund banking is intended as a likely and viable scenario for the evolution of banking and financial institutions under laissez faire. After a brief discussion of problems with current institutions we outline the operation of a mutual fund banking system and the forces that would encourage its evolution and development. Comparisons and contrasts with a number of related ideas will help clarify the mutual fund banking proposal. The Current Depository Institution Crisis When examining policy alternatives stability and security of the monetary and financial sectors is a consideration of prime concern. Current regulatory policy utilizes deposit insurance and a lender of last resort as a response to the instabilities of a debt-based fractional Cato Journal Vol. 10 No. 1 Spring Summer 1990 . Copyright Cato Institute. All rights reserved. Tyler Cowen is Associate Professor of Economics at George Mason University and Randall Kroszner is Assistant Professor of Economics at the University of Chicago Graduate School of Business. The authors wish to thank Robert Barro Richard Cooper Kevin Dowd David Glasner Stephan Kalb David Meiselman Giovanna Mossetti Joseph Salerno and Stergios Skaperdas for useful comments and discussions. An earlier version of the paper was presented at the Cato Institute s Seventh Annual Monetary Conference which was funded by the George Edward Durell .
TÀI LIỆU LIÊN QUAN
Sector holdings in mutual fund performance: An analysis
Investors’ perceptions towards mutual fund schemes investment – a study with special reference to Chennai city
The impact of country-level and fund-level factors on mutual fund performance in Vietnam
Morningstar Guide To Mutual Funds (Wiley-2003) (pdf)
Lecture Financial markets and institutions - Chapter 23: Mutual fund operations
Lecture Financial markets and institutions - Chapter 23: Mutual fund operations
A study on awareness of investors about the mutual fund investments in Musiri Taluk
Mutual fund performance evaluation using data envelopment analysis with higher moments
Hedging Italian equity mutual fund returns during the recent financial turmoil: A duration-dependent Markov-switching approach
Management of financial institution: Lecture 27
crossorigin="anonymous">
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.