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Government Finance Officers Association (4 results), finance company (3 results), finance director (3 results)
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- The Effects of Lapsing Your Life Insurance Policy
- Buying something tangible — a shirt for example — is usually not a stressful decision. Either you like it or you don't. And you can always take it back. Buying a life insurance policy, however, is a different story. Once you sign a contract, you may only have a few...
- White papers
- Life Closed Books: An Opportunity to Increase Profits
- This article briefs about the Closed Books policies and its current position in the Life insurance market. Closed Books are policies that are no longer sold but are still on the books of a life insurance carrier as premium-paying policies. The hardware and application maintenance costs for the systems that...
- White papers
- Foreign Inflows And Macroeconomic Policy In India
- How should macroeconomic policy in India respond to the dramatic strengthening of the balance of payments in the current decade? This controversial subject of contemporary Indian debate is addressed below. The paper begins with an assessment of the external aspects of India's macroeconomic management in the 1990s. It proceeds to...
- White papers 2006-08-11
- Effective Dual Sourcing With A Single Index Policy
- We consider a single stage periodic-review inventory system with backorders and dual sourcing: Replenishment can occur through a regular channel and/or a more expensive expedited channel with a smaller lead time. Globally optimal policies for these problems are in general highly complex; we therefore introduce a simple class of heuristic...
- White papers 2006-06-14
- Optimal Monetary and Fiscal Policy in a Currency Union
- This paper lays out a tractable model for fiscal and monetary policy analysis in a currency union, and analyzes its implications for the optimal design of such policies. The model incorporates country-specific shocks and nominal rigidities. Under the assumptions, the optimal monetary policy requires that inflation be stabilized at the...
- White papers 2005-12-01
- Towards an Innovation-Driven Economy Through Industrial Policy-Making: An Evolutionary Analysis of Singapore
- Industrialisation has always constituted a major objective of development strategy and government policy. Through industrialisation, developing nations aspire to achieve higher economic growth, and to eventually attain developed nation status. Yet, it remains doubtful whether the approach of industrial policy-making in developing countries has indeed been successful in transforming their...
- White papers 2005-11-29
- Translating Research Into Policy and Practice in Developing Countries: A Case Study of Magnesium Sulphate for Pre-Eclampsia
- The evidence base for improving reproductive health continues to grow. However, concerns remain that the translation of this evidence into appropriate policies is partial and slow. The objective of this study was to examine the factors that might affect the translation of Randomized Controlled Trial RCT findings into policies and...
- White papers 2005-11-01
- Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models
- This paper uses a micro-founded macro econometric modeling framework to investigate the design of monetary policy when the central bank faces uncertainty about the true structure of the economy. It applies Bayesian methods to estimate the parameters of the baseline specification using postwar U.S. data, and then determine the policy...
- White papers 2005-07-01
- Latin American Central Bank Reform: Progress and Challenges
- This study takes stock of the institutional reform of monetary policy in Latin America since the early 1990s. It argues that strengthening the legal independence of central banks, together with macroeconomic policies, was instrumental in reducing inflation from three-digit annual rates in the 1990s to single-digit territory in 2004. The...
- White papers 2005-06-01
- Evaluation Of Current Policy Towards Inbound FDI
- The purpose of this paper is to assess the efficacy of current federal government policies toward inbound foreign direct investment. At first glance there would not appear to be much of an issue. While there are huge new investment opportunities in transition economies, Canada remains a relatively safe and attractive...
- White papers 2005-05-19
- Deconstructing the Art of Central Banking
- This paper proposes a markedly different transmission mechanism from monetary policy to the macro economy, focusing on how policy changes nominal inertia in the Phillips curve. Using recent theoretical developments, the paper examines the properties of a small, estimated monetary model distinguishing four monetary regimes employed since the late 1950s....
- White papers 2004-10-01
- Resolving the Tug-of-War Between Medicare's National and Local Coverage
- Medicare?s decentralized local coverage policy process leads to policy variation, raising serious equity and quality issues. The policy debate resembles a tug-of-war, with advocates favoring nationalization of all local policies or arguing for the status quo. The paper analyzes thousands of local policies and surveyed Medicare?s contractors. It was found...
- White papers 2004-08-01
- Investment Policy, Financial Policies, and the Control of Agency Conflicts
- This paper analyzes the interaction among investment, financing and hedging policies in a model where managers derive perquisites from investment. In this model, both hedging and financing policies affect a firm's investment policy, thus changing costs of over- and underinvestment. The paper demonstrates that combinations of financing and hedging policies...
- White papers 2004-04-01
- The Learning Cost Of Interest Rate Reversals
- In this Paper, we suggest a new motivation for why central banks appear averse to reversing changes in their interest rate. We show, in a standard monetary model with forward-looking expectations, data uncertainty and parameter uncertainty, that there is a learning cost associated with interest rate reversals. A policy that...
- White papers 2003-12-01
- Universal life insurance
- The first type of permanent life insurance that we look at is universal life insurance. Universal life insurance is also called adjustable life insurance. Remember that, with permanent life insurance, some of your premium is invested. This article also explains some features of universal life which includes Flexible premiums, Cash...
- White papers 2003-09-08
- Treasury Risk the Roadmap - Part Two
- The formulation of a risk management policy will raise many key issues for a firm. It is to be noted that a policy will be unique to a particular organisation. There are no generic policies or limits. The policy should be consistent with the culture of a business and should...
- White papers 2003-09-02
- Optimal Monetary and Fiscal Policy
- "This paper propose an integrated treatment of the problems of optimal monetary and fiscal policy, for an economy in which prices are sticky and the only available sources of government revenue are distorting taxes. The linear-quadratic approach allows us to nest both conventional analyses of optimal monetary stabilization...
- White papers 2003-08-13
- Optimal Monetary and Fiscal Policy: A Linear Quadratic Approach
- This article proposes an integrated treatment of the problems of optimal monetary and fiscal policy, for an economy in which prices are sticky and the only available sources of government revenue are distorting taxes. The linear-quadratic approach allows nesting both conventional analyses of optimal monetary stabilization policy and analyses of...
- White papers 2003-08-01
- Imperfect Knowledge, Inflation Expectations and Monetary Policy
- This paper investigates the role that imperfect knowledge about the structure of the economy plays in the formation of expectations, macroeconomic dynamics, and the e±cient formulation of monetary policy. The process of perpetual learning introduces an additional layer of dynamic interaction between monetary policy and economic outcomes. We find that...
- White papers 2003-07-01
- The Homeowners Class Plan: How It Has Become Folklore
- Homeowners insurance represents the first multi-line policy sold in the United States. It was a combination of the fire, extended coverage, theft, personal liability, and medical policies, which had all been sold separately before. The Insurance Company of North America is given credit for filing the first homeowners policy, in...
- White papers 2003-07-01
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