Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network™

Open Access. Powered by Scholars. Published by Universities.®

Yale University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 8641 - 8670 of 33873

Full-Text Articles in Entire DC Network

Treasury Department And Fhfa Modify Terms Of Preferred Stock Purchase Agreements For Fannie Mae And Freddie Mac, United States: Department Of The Treasury Dec 2017

Treasury Department And Fhfa Modify Terms Of Preferred Stock Purchase Agreements For Fannie Mae And Freddie Mac, United States: Department Of The Treasury

Documents

Summarizes the agreement to a set of modifications to the terms of the Preferred Stock Purchase Agreements (PSPAs).


Statement From Fhfa Director Melvin L. Watt On Capital Reserve For Fannie Mae And Freddie Mac, United States: Federal Housing Finance Agency (Fhfa) Dec 2017

Statement From Fhfa Director Melvin L. Watt On Capital Reserve For Fannie Mae And Freddie Mac, United States: Federal Housing Finance Agency (Fhfa)

Documents

No abstract provided.


Letter Agreement With Treasury, Fannie Mae And Fhfa - December 21, 2017, United States: Department Of The Treasury, Federal National Mortgage Association (Fannie Mae) Dec 2017

Letter Agreement With Treasury, Fannie Mae And Fhfa - December 21, 2017, United States: Department Of The Treasury, Federal National Mortgage Association (Fannie Mae)

Documents

No abstract provided.


Fhfa And Treasury Freddie Mac Letter Agreement, Federal Home Loan Mortgage Corporation (Freddie Mac), United States: Federal Housing Finance Agency (Fhfa) Dec 2017

Fhfa And Treasury Freddie Mac Letter Agreement, Federal Home Loan Mortgage Corporation (Freddie Mac), United States: Federal Housing Finance Agency (Fhfa)

Documents

No abstract provided.


Project Tenor Ii: Summary Report, Kroll Dec 2017

Project Tenor Ii: Summary Report, Kroll

Documents

No abstract provided.


Keynote Remarks For The Commemoration Of The Centennial Of The Federal Reserve's U.S. Dollar Account Services To The Global Official Sector, Simon Potter Dec 2017

Keynote Remarks For The Commemoration Of The Centennial Of The Federal Reserve's U.S. Dollar Account Services To The Global Official Sector, Simon Potter

Documents

No abstract provided.


Stigma And The Discount Window, Mark Carlson, Jonathan Rose Dec 2017

Stigma And The Discount Window, Mark Carlson, Jonathan Rose

Documents

No abstract provided.


Imf Executive Board Discusses Proposals For Toolkit Reform, International Monetary Fund (Imf) Dec 2017

Imf Executive Board Discusses Proposals For Toolkit Reform, International Monetary Fund (Imf)

Documents

No abstract provided.


Столкновение "Открытий", Elena Pashutinskaya, Marina Bozhko Dec 2017

Столкновение "Открытий", Elena Pashutinskaya, Marina Bozhko

Documents

Translated article discussing legal questions surrounding the recapitalization of Otkritie.


Федеральный Бюджет Может Потерять 85 Млрд Руб. В Результате Докапитализации Банковского Сектора, Russian Federation: Accounts Chamber Of The Russian Federation Dec 2017

Федеральный Бюджет Может Потерять 85 Млрд Руб. В Результате Докапитализации Банковского Сектора, Russian Federation: Accounts Chamber Of The Russian Federation

Documents

Original title in Russian is "Федеральный бюджет может потерять 85 млрд руб. в результате докапитализации банковскоÐóо сектора "


On Acquiring Shares Of Pjsc Bank Otkritie Financial Corporation, Central Bank Of Russia Dec 2017

On Acquiring Shares Of Pjsc Bank Otkritie Financial Corporation, Central Bank Of Russia

Documents

No abstract provided.


Ethical Issues In Digitization Of Cultural Heritage, Zinaida Manžuch Dec 2017

Ethical Issues In Digitization Of Cultural Heritage, Zinaida Manžuch

Journal of Contemporary Archival Studies

The growing number of case studies on the ethical issues faced in cultural heritage digitization calls for a discussion of this generally neglected dimension of digitization. The importance of the ethical dimension is also supported by implicit and explicit assumptions that well-established approaches to ethics in archives, libraries, and museums do not work with digitization. The aim of this paper is to determine what ethical issues arise in cultural heritage digitization and how they affect methods of decision-making and organizing digitization. The paper identifies and discusses several areas of concern that have caused ethical issues in digitization. They include contextual …


Our Digital Legacy: An Archival Perspective, Michael S. Moss, Tim J. Gollins Dec 2017

Our Digital Legacy: An Archival Perspective, Michael S. Moss, Tim J. Gollins

Journal of Contemporary Archival Studies

Our digital memories are threatened by archival hubris, technical misdirection, and simplistic application of rules to protect privacy rights. The obsession with the technical challenge of digital preservation has blinded much of the archival community to the challenges, created by the digital transition, to the other core principles of archival science - namely, appraisal (what to keep), sensitivity review (identifying material that cannot yet be disclosed for ethical or legal reasons) and access. The essay will draw on the considerations of appraisal and sensitivity review to project a vision of some aspects of access to the Digital Archive. This essay …


Ethics In The Cloud, Corinne Rogers, Luciana Duranti Dec 2017

Ethics In The Cloud, Corinne Rogers, Luciana Duranti

Journal of Contemporary Archival Studies

For the past several decades, information communication technologies (ICTs) have been changing the way we create, share, and keep our records and data. How are we adapting? Today, individuals and organizations are increasingly creating, sharing, and storing information of all kinds in the cloud, some of them with the same expectations of privacy, access, intellectual rights, and control they have when storing it in in-house systems, either digital or analog. Such expectations provoke outrage when it is discovered that behavior in the cloud is not guided by long-established ethical rules guiding information creation, sharing, and use, but needs to be …


Do Archives Have A Future In The Digital Age?, Ivan Szekely Dec 2017

Do Archives Have A Future In The Digital Age?, Ivan Szekely

Journal of Contemporary Archival Studies

The rapid development of information and communication technologies pose significant challenges to archival theory and practice. The analysis of the dominant information operators of the archival institutions in the respective paradigms of archival history shows that today’s internet-based services can replicate all the main functions of the archival institutions, at least at the level of the fundamental information operators, on a mass scale. Despite these developments, the author argues that archives are under no direct threat of abolition or loss of function in the digital age, not only because of institutional inertia and traditions, but also their role in preserving …


Докапитализация С Открытой Концовкой, Anastasia Krivorotova, Anna Mikheeva, Ekaterina Litov Dec 2017

Докапитализация С Открытой Концовкой, Anastasia Krivorotova, Anna Mikheeva, Ekaterina Litov

Documents

Translated Article discussing the size of Otkritie's recapitalization.


Полтриллиона? Да На Здоровье!, Daria Borisyak, Alexander Ostapenko Dec 2017

Полтриллиона? Да На Здоровье!, Daria Borisyak, Alexander Ostapenko

Documents

No abstract provided.


On Measures Aimed At Improving Financial Stability Of Bank Otkritie Financial Corporation, 12-7-2017, Central Bank Of Russia Dec 2017

On Measures Aimed At Improving Financial Stability Of Bank Otkritie Financial Corporation, 12-7-2017, Central Bank Of Russia

Documents

No abstract provided.


Prolongation Of The Greek State Guarantee Scheme For Banks (Art. 2 Law 3723/2008), European Union: European Commission Dec 2017

Prolongation Of The Greek State Guarantee Scheme For Banks (Art. 2 Law 3723/2008), European Union: European Commission

Documents

No abstract provided.


Report: B&N, Otkritie Write Off Almost 266b Russian Rubles Of Subordinated Debt, Beata Fojcik Dec 2017

Report: B&N, Otkritie Write Off Almost 266b Russian Rubles Of Subordinated Debt, Beata Fojcik

Documents

Otkritie Bank and B&N Bank, the financial recovery of which is overseen by the Russian central bank, wrote off their subordinated liabilities totaling 265.8 billion Russian rubles, Vedomosti reported Dec. 3. B&N Bank's shareholders decided to use undistributed profit of 17.6 billion rubles and share premium of 25.3 billion rubles to cover the bank's losses, the lender said Dec. 1, noting that the decisions were necessary to write off its subordinated liabilities.


Вестник Банка России № 103 (1937) 4 Декабря 2017, Central Bank Of Russia Dec 2017

Вестник Банка России № 103 (1937) 4 Декабря 2017, Central Bank Of Russia

Documents

No abstract provided.


Random Coefficient Continuous Systems: Testing For Extreme Sample Path Behaviour, Yubo Tao, Peter C.B. Phillips, Jun Yu Dec 2017

Random Coefficient Continuous Systems: Testing For Extreme Sample Path Behaviour, Yubo Tao, Peter C.B. Phillips, Jun Yu

Cowles Foundation Discussion Papers

This paper studies a continuous time dynamic system with a random persistence parameter. The exact discrete time representation is obtained and related to several discrete time random coefficient models currently in the literature. The model distinguishes various forms of unstable and explosive behaviour according to specific regions of the parameter space that open up the potential for testing these forms of extreme behaviour. A two-stage approach that employs realized volatility is proposed for the continuous system estimation, asymptotic theory is developed, and test statistics to identify the different forms of extreme sample path behaviour are proposed. Simulations show that the …


Hybrid Stochastic Local Unit Roots, Offer Lieberman, Peter C.B. Phillips Dec 2017

Hybrid Stochastic Local Unit Roots, Offer Lieberman, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Two approaches have dominated formulations designed to capture small departures from unit root autoregressions. The first involves deterministic departures that include local-to-unity (LUR) and mildly (or moderately) integrated (MI) specifications where departures shrink to zero as the sample size n→∞. The second approach allows for stochastic departures from unity, leading to stochastic unit root (STUR) specifications. This paper introduces a hybrid local stochastic unit root (LSTUR) specification that has both LUR and STUR components and allows for endogeneity in the time varying coefficient that introduces structural elements to the autoregression. This hybrid model generates trajectories that, upon normalization, have non-linear …


Continuous Workout Mortgages: Efficient Pricing And Systemic Implications, Robert J. Shiller, Rafal M. Wojakowski, M. Shahid Ebrahim, Mark B. Shackleton Dec 2017

Continuous Workout Mortgages: Efficient Pricing And Systemic Implications, Robert J. Shiller, Rafal M. Wojakowski, M. Shahid Ebrahim, Mark B. Shackleton

Cowles Foundation Discussion Papers

This paper studies the Continuous Workout Mortgage (CWM), a two in one product: a fixed rate home loan coupled with negative equity insurance, to advocate its viability in mitigating financial fragility. In order to tackle the many issues that CWMs embrace, we perform a range of tasks. We optimally price CWMs and take a systemic market-based approach, stipulating that mortgage values and payments should be linked to housing prices and adjusted downward to prevent negative equity. We illustrate that amortizing CWMs can be the efficient home financing choice for many households. We price CWMs as American option style, defaulting debt …


Finite-Sample Optimal Estimation And Inference On Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong, Michal Kolesár Dec 2017

Finite-Sample Optimal Estimation And Inference On Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong, Michal Kolesár

Cowles Foundation Discussion Papers

We consider estimation and inference on average treatment effects under unconfoundedness conditional on the realizations of the treatment variable and covariates. We derive finite-sample optimal estimators and confidence intervals (CIs) under the assumption of normal errors when the conditional mean of the outcome variable is constrained only by nonparametric smoothness and/or shape restrictions. When the conditional mean is restricted to be Lipschitz with a large enough bound on the Lipschitz constant, we show that the optimal estimator reduces to a matching estimator with the number of matches set to one. In contrast to conventional CIs, our CIs use a larger …


Finite-Sample Optimal Estimation And Inference On Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong, Michal Kolesár Dec 2017

Finite-Sample Optimal Estimation And Inference On Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong, Michal Kolesár

Cowles Foundation Discussion Papers

We consider estimation and inference on average treatment effects under unconfoundedness conditional on the realizations of the treatment variable and covariates. Given nonparametric smoothness and/or shape restrictions on the conditional mean of the outcome variable, we derive estimators and confidence intervals (CIs) that are optimal infinite samples when the regression errors are normal with known variance. In contrast to conventional CIs, our CIs use a larger critical value that explicitly takes into account the potential bias of the estimator. When the error distribution is unknown, feasible versions of our CIs are valid asymptotically, even when √n-inference is not possible due …


Bank Otkritie And Binbank: Was There An Option Other Than Bailout, Sergey Drobyshevsky, Pavel Trunin, Michael Khromov Dec 2017

Bank Otkritie And Binbank: Was There An Option Other Than Bailout, Sergey Drobyshevsky, Pavel Trunin, Michael Khromov

Documents

Some of Russia’s big private banks were faced with the risk of banking license revocation in August–September 2017. The financial resolution of Bank Otkritie and of Binbank was implemented using a new mechanism – The Fund for Banking Sector Consolidation.


Macroprudential Policy In Brazil, Maur­Cio Costa De Moura, Fernanda Martins Bandeira Dec 2017

Macroprudential Policy In Brazil, Maur­Cio Costa De Moura, Fernanda Martins Bandeira

Documents

No abstract provided.


Russian Banks; Otkritie Reduces Equity To 1 Ruble, Interfax Dec 2017

Russian Banks; Otkritie Reduces Equity To 1 Ruble, Interfax

Documents

MOSCOW. Nov 30 (Interfax) - The Central Bank of Russia's (CBR) Corporate Relations Department on Thursday registered a report on share issue by Otkritie FC Bank which reduced the bank's equity to 1 ruble, the regulator said. Equity was reduced by lowering the par value of ordinary and preferred shares.


Otkritie Fc Bank Writes Off $500 Mln Subordinated Eurobonds, Prime News Dec 2017

Otkritie Fc Bank Writes Off $500 Mln Subordinated Eurobonds, Prime News

Documents

MOSCOW, Dec 1 (PRIME) -- Russia’s Otkritie Financial Corporation (FC) Bank has written off U.S. $500 million subordinated Eurobonds attracted in 2012 under old rules, OFCB Capital, issuer of the bonds, said on the London Stock Exchange late Thursday. The bank has written off subordinated bonds with a maturity in 2019, including interests accumulated from September 15.