A5

Global Aluminium Directory 2024 - A-Z Buyers' Guide for Buyers, Suppliers and Traders - ResearchAndMarkets.com

Retrieved on: 
星期二, 三月 12, 2024

The "Global Aluminium Directory 2024" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Aluminium Directory 2024" has been added to ResearchAndMarkets.com's offering.
  • Buyers, Suppliers or Customers can easily be found by purchasing the Global Aluminum Directory.
  • Find new buyers, suppliers or customers easily, by investing in the Global Aluminum Directory.
  • The new edition of the Global Aluminum Directory will list thousands of companies that specialize in the production or trade of aluminum.

Complementary cost-benefit assessment on the Integrated Reporting Framework - Closer alignment with FINREP solo

Retrieved on: 
星期五, 四月 5, 2024

Complementary cost-benefit assessment on the Integrated Reporting Framework ?

Key Points: 
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Executive summary

      2

      towards closer alignment of the two frameworks, rather than implementing all
      changes at once.

    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Executive summary

      3

      1

      Introduction
      The complementary IReF cost-benefit assessment (CBA) followed an earlier
      consultation on an initial CBA that was launched in 2020.

    • The report summarises the feedback received from the banking industry on the
      possible closer alignment of the IReF with FINREP solo.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ?
      Introduction

      4

      2

      General question on closer alignment
      with FINREP solo
      Closer alignment between the IReF and FINREP solo could allow more substantial
      use of the IReF dataset for supervisory purposes, with the potential benefit of
      reducing ad hoc requests to reporting agents due to a more analytical and stable
      dataset.

    • The ECB legal framework for collecting FINREP solo information (Regulation (EU)
      2015/34)4 currently sets up four different levels of reporting for proportionality
      measures:
      ?

      FINREP data points;

      ?

      over-simplified FINREP;

      ?

      simplified FINREP;

      ?

      full FINREP.

    • Closer alignment does not mean that data
      under the IReF will be collected from reporting agents at the level of the legal entity
      in its entirety.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? General
      question on closer alignment with FINREP solo

      5

      Chart 2.1
      General assessment on closer alignment between the IReF and FINREP solo

      Notes: The percentages are calculated for each driver as the simple average of the corresponding frequencies across euro area
      countries.

    • See Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of
      the IReF Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results
      are calculated.
    • Members also raised the point that IReF
      information required for closer alignment with FINREP solo would only be collected
      from institutions that are currently subject to FINREP solo reporting.
    • The open text comments that were received in the complementary CBA show that
      different approaches to reporting at the level of the reporting agent may result in
      different expectations regarding closer alignment.
    • There
      were also several comments regarding the frequency and timeliness of the reporting
      of attributes needed for closer alignment with FINREP.
    • Many comments questioned which accounting standards will underpin IReF
      reporting, as those applicable to statistical reporting are often different from those
      relating to FINREP solo reporting.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? General
      question on closer alignment with FINREP solo

      7

      3

      Extensions related to concepts already
      available in the IReF baseline scenario
      The IReF baseline scenario includes several accounting concepts that only apply to
      specific financial instruments.

    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • See
      Annex B of the report ?Complementary cost-benefit assessment of the Integrated Reporting Framework ? Extension of the IReF
      Regulation to cover country-specific requirements? published on the ECB?s website for information on how national results are
      calculated.
    • Complementary cost-benefit assessment on the Integrated Reporting Framework ? Annex A
      Results by type and size of respondent

      57

      ? European Central Bank, 2024
      Postal address
      Telephone
      Website

      60640 Frankfurt am Main, Germany
      +49 69 1344 0
      www.ecb.europa.eu

      All rights reserved.

The effect of new housing supply in structural models: a forecasting performance evaluation

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星期日, 二月 4, 2024
BET, Section 2, Model, XT, CIT, LTV, Forecasting, Total, Bank, RT, Elasticity, GDP, Website, University of Chicago Press, Process control block, Fiscal, Reproduction, University, WTP, Johns Hopkins University Press, E32, Faculty, Writing, KMR, Monetary economics, Household, Root mean square, YT, GFC, Language, VAR, A6, Motivation, Growth, PLT, Hartman–Grobman theorem, Research, House, Observation, Friction, Section 4, Classification, Macroeconomic model, BAA, AP, Kálmán, Odyssean Wicca, Parameter, Blue chip, A5, HPT, Mark Gertler, Learning, Smets, Inflation, ECB, Q2, Trade, CE, Hit, SPF, Review of Economic Dynamics, ZBW, Kolasa, LTM, R21, Patient, Prior, Shock, Movement, ZT, Australasian, M1, Lens, Great, Nobuhiro, European Central Bank, Estimator, Policy, LTI, COVID-19, Attention, HP, Feedback, Goethe University Frankfurt, International Journal of Forecasting, Federal Reserve, Federal Reserve Bank, Behavior, Health, Blue Chip Economic Indicators, Inverse, Zero lower bound, The Blue, Journal of Applied Econometrics, Economic forecasting, Matrix, Economy, Federal, R31, LTP, Chinese Blackjack, WTI, CES, Sim, Bit, Section 5, Capital market, Quantitative Economics, Credit, Motion, Central bank, Journal of Political Economy, Political economy, Taylor & Francis, Journal of Monetary Economics, Act, Binning, CPT, DPT, Point, MCMC, RealTime, Literature, Metropolis–Hastings algorithm, ZLB, TFP, Research Papers in Economics, Del Negro, GBT, Communication, Kalman filter, Markov, Cycle, Business cycle, Eurozone, DFF, PDF, Filter, Medical classification, American Economic Journal, Demand shock, Comparison, Employment, KTEH, Cobb–Douglas production function, Nonprofit organization, Sampler, PTW, Par, Liquidity trap, Paper, Nominal interest rate, QT, Exercise, Monetary policy, RTD, Interest rate, A7, University of Cambridge, Control, Statistics, Posterior, Pressure, American Economic Review, E37, Financial intermediary, Social science, Basel II, Delphic, Depreciation, European Economic Review, HPD, Ai, Calendar, E17, Government, Journal of Econometrics, HTM, Freedom, LTE, Probability, Face, Calibration, Oxford University Press, New Keynesian economics, Sun, HH, Me, Uncertainty, FPI, Production, Dynamics, Handbook, Real estate

Key Points: 

    Deposit market concentration and monetary transmission: evidence from the euro area

    Retrieved on: 
    星期日, 二月 4, 2024

    Abstract

    Key Points: 
      • Abstract
        I study the transmission of monetary policy to deposit rates in the euro area with a
        focus on asymmetries and the role of banking sector concentration.
      • Moreover, the
        gap between deposit rates across euro area member states - despite being exposed to the same
        key ECB interest rates - has widened.
      • This begs the question whether deposit rates are more
        sluggish in response to both policy rate increases and cuts, and what factors might influence the
        transmission of monetary policy to deposit rates.
      • Whether banks are indeed able to adjust deposit rates asymmetrically to positive and
        negative changes in policy rates could thus well depend on how much market power they hold
        in the deposit market.
      • Arguing that market power increases in the degree of market concentration,
        I further consider whether more concentrated banking sectors set rates (more) asymmetrically.
      • The response of deposit rates in banking sectors with an average degree of concentration does
        not appear asymmetric.
      • The degree of market concentration is often pointed at, but recent evidence
        for the euro area is scarce.
      • In this paper, I provide empirical evidence on the asymmetric response of deposit rates to
        monetary policy, and relate this to the degree of concentration within a country?s banking sector.
      • Both papers
        provide empirical evidence based on US deposit markets showing that deposit rates respond
        more rigidly to upward changes in market rates than downward changes, especially so in more
        concentrated markets.
      • Recent research on euro area deposit markets,
        instead, has focused more on the transmission of negative policy rates (see e.g.
      • Whether banks are able to set deposit rates that materially differ from policy rates is affected

        ECB Working Paper Series No 2896

        4

        by market concentration: market power is assumed to increase in the degree of concentration in
        the banking sector.

      • Concentration thus appears to matter for how quickly ECB monetary policy has
        been transmitted to deposit rates across the euro area.
      • Banks thus have a motive to be
        rigid in adjusting deposit rates to a ?positive? monetary policy shock.
      • While customers are generally (and potentially rationally) inattentive, swift and substantial
        nominal deposit rate declines may trigger deposit outflows.
      • relative deposit rate = deposit rate - short term rate
        The inverse of the wedge, the relative deposit rate will allow us to see more clearly how
        the deposit rate evolves in comparison to the short-term rate.
      • This then translates to (more
        pronounced) effects on the transmission of policy to the deposit wedge, reinforcing the asymmetry discussed before.
      • More concentration would mean more rigid deposit rates (and thus an
        increase in the deposit wedge) in case of positive surprises, and more flexible deposit rates (and
        thus a decrease in the deposit wedge) in case of negative surprises (see also e.g.
      • I add an identical
        altered-linex adjustment cost for deposit rates, to capture the upward rigidity and downward
        flexibility of deposit rates as well.
      • As discussed
        previously, the deposit rate is particularly rigid in case of a positive shock, illustrating the dividend smoothing motive and bank market power.
      • Without the asymmetric adjustment cost,
        the response of the deposit rates to positive and negative changes in policy would have been
        symmetric.
      • This appears a reasonable assumption
        in general, as market concentration or market shares are slow-moving concepts.
      • 3

        Methods and data

        I study the dynamic response to an unexpected change in monetary policy on deposit rates
        in different countries in the euro area.

      • deposit rate - short-term rate), which for the sake of
        brevity I will refer to as the ?relative deposit rate?.
      • Positive IRFs for the relative deposit rate imply that
        the deposit rate has increased by more than the short-term rate, narrowing the wedge between
        the short-term rate and the deposit rate.
      • 0
        ?2

        ?2
        ?4
        ?6

        ?4
        4

        8

        12

        4

        Months

        8

        12

        Months

        Figure 9: NFC rate response - linear combination of ?0 and ?1

        Relative deposit rate at 1 month

        Relative deposit rate at 4 months

        0.0

        0
        ?1

        p.p.

      • 0
        0

        ?2
        ?1
        ?4
        4

        8

        12

        4

        8

        Months

        12

        Months

        Figure 12: NFC rate response - linear combination of ?0 and ?1

        Relative deposit rate at 1 month

        Relative deposit rate at 4 months
        2.0

        1.5

        p.p.

      • And, (2) how quickly
        households and NFCs learn about changes in monetary policy, via the deposit rate, may vary
        across the monetary union.
      • ?0 , ?1 )
        Figure A16: NFC overnight deposits, small member states

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        2

        10
        5

        p.p.

      • ?0 , ?1 )
        Figure A19: NFC overnight deposits, four lags

        Relative deposit rate (average)

        Relative deposit rate (interaction)
        5

        0

        p.p.

      • ?0 , ?1 )
        Figure A28: NFC overnight deposits, small member states

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        3

        5.0

        2

        2.5

        p.p.

      • ?0 , ?1 )
        Figure A31: NFC overnight deposits, four lags

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        3
        2

        p.p.

    Pan American Energy Selects Drill Contractor For Advanced Exploration Program At The Big Mack Lithium Project

    Retrieved on: 
    星期一, 十月 30, 2023

    Full Force is a diamond drilling, mineral exploration company that was established in 2004.

    Key Points: 
    • Full Force is a diamond drilling, mineral exploration company that was established in 2004.
    • The drill program was designed by Axiom’s team of geological and geophysical experts who will maintain oversight and management of the program in the field.
    • Full Force and Axiom’s commitment to excellence aligns seamlessly with our vision to explore and develop a made-in-Ontario critical mineral project.
    • We are looking forward to mobilizing in the coming days and commencing the advanced exploration drill program shortly after mobilization."

    From Discovery to Market Entry: CISCAREX Announces a Dietary Supplement for Vitamin A5, the First Newly Identified Vitamin for 80 Years

    Retrieved on: 
    星期五, 十一月 3, 2023

    CISCAREX, the Berlin-based start-up founded by the scientists behind the vitamin A5 discovery, announced today the commercial launch of MIN A5®: a first-of-its-kind vitamin A5 dietary supplement.

    Key Points: 
    • CISCAREX, the Berlin-based start-up founded by the scientists behind the vitamin A5 discovery, announced today the commercial launch of MIN A5®: a first-of-its-kind vitamin A5 dietary supplement.
    • “Having conducted the discovery and research into vitamin A5, we’re delighted to now be able to bring a convenient, unique, first-in-class vitamin A5 supplement to customers,” said Dr. Dr. Rühl.
    • CISCAREX has exclusive access to the global patent rights protecting vitamin A5, as well as major trademarks for this new vitamin.
    • First identified as recently as 2021, vitamin A5 marked the first discovery of a new vitamin for 80 years.

    Unveiling the ugee Q6 Mobile Drawing Tablet: Portable and Precise, Unleash Imagination Any Time, Any Where

    Retrieved on: 
    星期日, 十月 8, 2023

    SHENZHEN, China, Oct. 8, 2023 /PRNewswire/ -- ugee, a global leader in digital art solutions, has introduced its latest offering, the ugee Q6 Mobile Drawing Tablet .

    Key Points: 
    • SHENZHEN, China, Oct. 8, 2023 /PRNewswire/ -- ugee, a global leader in digital art solutions, has introduced its latest offering, the ugee Q6 Mobile Drawing Tablet .
    • The ugee Q6 is designed with a vertical layout to maximize compatibility with Android phones, tablets and other mobile devices, providing a customized experience specifically for mobile drawing .
    • The ugee Q6 boasts a trendy and fashionable appearance, available in three different color(Beige, Mint Green, and Charcoal Grey).
    • Embrace creativity and rules, and let the ugee Q6 brings artistic vision to life.

    Unveiling the ugee Q6 Mobile Drawing Tablet: Portable and Precise, Unleash Imagination Any Time, Any Where

    Retrieved on: 
    星期四, 九月 28, 2023

    SHENZHEN, China, Sept. 27, 2023 /PRNewswire/ -- ugee, a global leader in digital art solutions, has introduced its latest offering, the ugee Q6 Mobile Drawing Tablet .

    Key Points: 
    • SHENZHEN, China, Sept. 27, 2023 /PRNewswire/ -- ugee, a global leader in digital art solutions, has introduced its latest offering, the ugee Q6 Mobile Drawing Tablet .
    • The ugee Q6 is designed with a vertical layout to maximize compatibility with Android phones, tablets and other mobile devices, providing a customized experience specifically for mobile drawing .
    • The ugee Q6 boasts a trendy and fashionable appearance, available in three different color(Beige, Mint Green, and Charcoal Grey).
    • Embrace creativity and rules, and let the ugee Q6 brings artistic vision to life.

    Robotic Milker Litigation: Second Class Settlement Secured for U.S. Dairy Farmers

    Retrieved on: 
    星期一, 九月 18, 2023

    KANSAS CITY, Mo., Sept. 18, 2023 /PRNewswire/ -- Following last year's $55M settlement with DeLaval Holding AB, DeLaval International AB, DeLaval Inc., and West Agro, Inc., Stueve Siegel Hanson LLP, Cullenberg & Tensen PLLC, and Perrone Law PLLC have achieved another historic settlement against a manufacturer of allegedly defective milking robots.

    Key Points: 
    • Final approval of settlement worth approximately $122 million granted for Lely A4 dairy farmers.
    • On September 1, 2023, the Court granted final approval of the settlement for the Lely A4.
    • The settlement provided class members with the option to replace their existing robot with Lely's newer A5 model or to receive cash relief.
    • Nearly all of the approximately 400 class members participated, and the relief selected is worth approximately $121,956,000.