S&L organizations grew rapidly,
as the generation of baby boomers
started purchasing houses
S&L banks asked Congress to remove restrictions of their business in order to expand their business : Deregulation
As the competition between S&L banks became severe, expanded business, they started to lend mortgage to the people with low credit rating
Despite the in
Determination of Won/USD Exchange Rate With Respect to Global Oil Price Change
To see the relationship between exchange rate and oil price, we use econometrical methodology, multiple regression. Our regression model is this:
s_t=β_1+β_2 (m_t-m_t^* )+β_3 (y_t-y_t^* )+β_4 〖lroil〗_t+u_t
*Explanation about explanatory variable
s_t : Nominal exchange rate (USD/Won)
m_t-m_t^*
Ⅱ. Main Subject
1. Foreign Markets; India
India, conventional long name Republic of India is a state located in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world.
The Indian economy is the world's tenth largest economy by nominal GDP and fourth largest economy by pu
2.2 Change the system
-Tangible changes
Change of the office circumstance
There is no personal desk or chair in the headquarter office of UNICLO. The CEO, Yanai, thought providing individual desks for employees hinder making creative office atmosphere because employees were just busing holding their position and status. Moreover in this atmosphere employees didn’t discuss and cooperate.
ㄷ. 시장의 확대 및 헤지펀드의 핫머니화
1980년 대 들어 주식 종목의 선택에 치중하던 초기의 헤지펀드와는 달리 통화 및 주가 등에 반영되는 거시경제변수의 영향을 분석하여 투자하는 매크로펀드가 등장하여 1990년 대 중반까지 헤지펀드 시장을 주도하였다. 이와 같은 거시경제변수에 대한 분석력을
crisis has been the procyclical amplification of financial shocks throughout the banking system, financial markets and the broader economy. The tendency of market participants to behave in a procyclical manner has been amplified through a variety of channels, including through accounting standards for both mark-to-market assets and held-to-maturity loans, margining practices, and through the buil
D. Effects of CRM implementation
i. Improved financial position
If customer relationship management system is implemented successfully, a company is expected to improve in terms of finance. Firstly, CRM allows companies to obtain new customers, maintain the remaining ones, and increase the money the current customers spend. As a result, company’s revenue increases.
Customer relationshi
It is a contract that the protection seller transfers credit risk which provides the amount of loss to the protection buyer if credit events promised in advance occur before the expiration.
The protection buyer trying to transfer the credit risk periodically pays for the premium, which is the cost for the risk, until the end of the contract.
Useful to hedge defau
II. What Are Credit Derivatives?
Derivatives are defined as the exchange or contract which has economic values deriving from the reference assets or index. According to their types, there are overall forward, future, option, and swap. Derivatives are the financial derivatives, which are enabled to trade in the market while consisting of separating the credit risk only to the holder of basic p
3. Agriculture
Finland's climate and soils make growing crops a particular challenge. The country lies between 60° and 70° north latitude - as far north as Alaska - and has severe winters and relatively short growing seasons that are sometimes interrupted by frosts. However, because the Gulf Stream and the North Atlantic Drift Current moderate the climate, Finland contains half of the world's