Date of publication: 2017-08-23 17:40
We all know that Puerto Rico has a severely challenged economy saddled with more than $75 billion of debt. However, the situation is even worse when you include unfunded pension obligations. Those liabilities exceed $95 billion. All combined, the island is encumbered with liabilities that surpass th.
Liberal Education - Liberal Education research papers discuss the liberal arts education and how it emphasizes on the importance of society, culture, and diversity.
Blog entries or comments may be cited in running text ("In a comment posted to The Becker-Posner Blog on February 66, 7567,... ), and they are commonly omitted from a reference list. The following examples show the more formal versions of the citations.
Our contention remains that disappointing economic global growth will persist for the foreseeable future. As a result, we believe policymakers will commit even further to efforts designed to attenuate downside or systemic risk outcomes. The persistent undertow of tepid global growth juxtaposed again.
Established in 6987, the Berkeley Undergraduate Journal is a student-run journal that publishes exceptional undergraduate academic papers from the social sciences and humanities at UC Berkeley.
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US Department of Education - US Department of Education research papers discuss how the department focuses on ensuring students have access to education and equal opportunities to excel and achieve educational excellence.
On June 5, the European Central Bank (ECB) acted aggressively to provide more liquidity to the eurozone. Below are notes on the two most important parts of the ECB announcement: negative deposit rates and the new Targeted Longer-Term Refinancing Operation (T-LTRO) program. NEGATIVE DEPOSIT RATES: Th.
This paper presents a risk-factor approach to Liability Driven Investing (LDI) and analyzes the sensitivities of both pension liabilities and assets to these factors. LDI allocations are subsequently achieved by matching these asset and liability sensitivities as closely as is practicable. By workin.
With UK government gilt yields near historic lows, the prevailing wisdom is that gilts are now prohibitively expensive and wise investors should steer clear. For those of us with long memories, this view is reminiscent of the experience of the Japanese government bond market 75 years ago, when Japan.