Found 4070 related files. Current in page 18
Pumpkin Pie in a Bag An easy-to-make, easy-to-clean-up fall recipe Grades: K-3 Science and Math Yield: 25 students at about two tablespoons per serving Note: Ingredients can be divided 2 to 4 times for smaller group size Materials: ! ! ! ! 2 cups cold milk 2 packages (4 serving size) instant vanilla pudding mix 1 can (15 ounces) solid-pack pumpkin 1 teaspoon pumpkin pie spice ! ! Graham crackers - enough for 25 squares 1 can whipped topping ! ! ! 1 gallon freezer bag per group Can opener/scissors 25 napkins Directions: Wash hands first! 1. Combine the milk and instant pudding in the freezer bag. -Remove the air and zip lock shut. -Squeeze and kneed with hands until blended for 1 minute. 2. Add the pumpkin and spice. -Remove the air and zip lock shut. -Squeeze and kneed with hands until blended for 2 minutes. 3. Break graham crackers into squares. -Place one on each napkin. 4. Cut off the corner of your freezer bag. - Carefully squeeze about 2 tablespoons of pie filling onto each graham cracker. 5. Garnish with whipped topping and enjoy! 6. Discuss the pumpkin life cycle while students are eating. See resources below. AITC Free Loan Library: http://aitc.oregonstate.edu/resources/library.htm
A10 – Writing Your First Application This tutorial will show you how to write a basic application for BlackBerry devices. The application will display the simple “Hello World” message on the screen. To be able to do so it is required to have the following installed on your system: • Sun JDK • Eclipse SDK, • BlackBerry JDE Plug-in for Eclipse and • BlackBerry JDE Component Packs 4.3 – 4.7 If you need help setting up please look at A1 – Setting up Tools tutorial. If you are ready, launch the Eclipse, and go to your Workbench (Figure 1). Figure 1 Page | 4 Introduction In this tutorial I will show you the following: • How to setup and configure new BlackBerry project, • How to create classes, • Some details about UiApplication and MainScreen, • How to write a Hello World application and • How to run your application in simulator. Please note that you can always find more information about the APIs we are using in BlackBerry API reference document, which is the part of any JDE Component Pack (Figure 2). You can find it on your computer under Start / Programs / Research in Motion / BlackBerry JDE 4.x. Page | 5 Development Setting up New BlackBerry Project To setup your new BlackBerry project: 1. Click on File/New/Project menu. 2. Select BlackBerry project (Figure 3).
Conventions used in this manual The following conventions are used in this manual: Menu path: Example: Tap Start > All Programs > Games > Solitaire. This means tap the Start menu button, then the All Programs button, then select Games from the menu that is displayed, and Solitaire from the Games menu. Keyboard: Example: Hold down the ++ keys simultaneously. This means press these keyboard keys, all at the same time. Symbols are used to represent important things you need to know: Warning about cost. Doing this action could cost you money! Severe warning! Be extra careful! You could seriously damage the machine. Note, hint or tip. Information that will help you. Department of Education and Training Program objectives The Notebook for Teachers Program is an integral component of the Education to Community (e2c) initiative, supporting learning technologies in the K-12 government education community in WA. It is designed to support schools and teachers in achieving their mutual professional goals. The portability of notebook computers allows for a wide range of educational opportunities and strategies to be explored, with the ultimate aim of improving outcomes for students. Participation in the program is voluntary and should only be undertaken after careful consideration of how the introduction of this technology can be integrated into the individual school's plan. The objectives of this training are to: § § § Provide an introduction to the notebook, the operating system, and the applications. Help you to become familiar with basic operations of the notebook. Assist you with setting up the notebook for internet access from home and your school.
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. We support our 122,000 members and 325,000 students throughout their careers, providing services through a network of 80 offices and centres. Our global infrastructure means that exams and support are delivered – and reputation and influence developed – at a local level, directly benefiting stakeholders wherever they are based, or plan to move to, in pursuit of new career opportunities. Our focus is on professional values, ethics, and governance, and we deliver valueadded services through our global accountancy partnerships, working closely with multinational and small entities to promote global standards and support. We use our expertise and experience to work with governments, donor agencies and professional bodies to develop the global accountancy profession and to advance the public interest. Our reputation is grounded in over 100 years of providing world-class accounting and finance qualifications. We champion opportunity, diversity and integrity, and our long traditions are complemented by modern thinking, backed by a diverse, global membership. By promoting our global standards, and supporting our members wherever they work, we aim to meet the current and future needs of international business.
I N EARLY 1966 the U.S. economy was entering the sixth year of continuous economic expansion. The unemployment rate was at 4 per cent, a level believed almost unattainable two or three years earlier, capacity utilization was close to 90 per cent, and firms were faced with an exceptionally large backlog of orders. The economy had not only reached a state of full employment, but there was every indication that the “boom” would continue. To many, it appeared that the “New Economics” had finally removed the danger of recession or economic slowdown. The year 1986 was not, however, to be remembered as a year of smooth economic expansion. The real sector of the economy, operating at the fullemployment level of real output, was forced to attempt to adjust the mix and amount of real output to meet the increased demands of both the private and government sectors. The two main topics in discussions of economic stabilization policy in 1966 were as follows: (1) the sharply rising level of Government spending for the Vietnam war, and (2) the emergence of inflation. At the start of 1966, firms operating at near capacity with record levels of backlogs of orders, when making plans for future capital expenditures, expected rising aggregate demand, a rising price level, and a “tighter labor market” with rising wage demands. These types of expectations are all precursors to a boom in capital spending. As corporations and the government sector bid agressively for funds, financial intermediaries and the securities markets were placed under increasing demand pressure. The aggregate demand for real output, and the ability of various sectors of the economy to acquire funds to make their desired command over real output effective, was such that, at existing prices, the demand for real output exceeded the productive capacity of the economy. Reflecting demand pressures on the productive capacity of the economy, prices rose rapidly.
Note: The vertical axis shows a percentage measure of volatility known as ‘annualised standard deviation’. Prior to 1986, this is calculated as the percentage actual volatility of monthly returns ne of the most striking effects of the recent credit crunch is a huge surge in stock market volatility. The uncertainty over the extent of financial damage, the identity of the next banking casualty and the unpredictability of the policy response of central banks and governments have all led to tremendous instability. A standard measure of uncertainty – the ‘implied volatility’ of the S&P100 of the US stock market, commonly known as the index of ‘financial fear’ – has more than doubled since the subprime crisis first emerged in August 2007. This jump in uncertainty is of similar magnitude to those that followed the Cuban missile crisis, the assassination of President Kennedy, the Gulf War and the terrorist attacks of 9/11 (see Figure 1). But after these earlier ‘shocks’, volatility spiked and then quickly fell back. For example, after 9/11, implied volatility dropped back to baseline levels within two months. In contrast, the current levels of implied volatility have remained stubbornly high for the last seven months, rising rather than abating as the crisis continues. My research shows that even the...
Reduced credit supply in the years 2008 and 2009 should have resulted in lower growth in industries that are more dependent on external ﬁnance. This eﬀect should have been stronger in countries with a more prominent and/or more leveraged ﬁnancial system. We focus on the OECD countries and, controlling for omitted variables, ﬁnd robust empirical support for both hypotheses. We estimate that the credit crunch reduced the industrial growth rate by 5.5 percentage points in 2008 and by 21 percentage points in 2009. Key Words: ﬁnancial crises, industrial growth, lending channels. JEL Classiﬁcation: G01, O43. The primary role of the banking sector is eﬃcient transformation of savings into investments. Successful investments build up the capital in the economy and foster future growth. While banks are not the only institutions for ﬁnancial intermediation, they have come to play a dominant role in the developed world. Consequently, disruptions of the global banking system— like the 2007–2008 ﬁnancial crisis—bear signiﬁcant negative impacts on the economy. The crisis of 2007-2008 started with an increase in foreclosure rates in the US housing market (see, e.g., Brunnermeier, 2009). Higher foreclosure rates raised concerns about banks’ health worldwide, because the underlying mortgages had been packaged and sold to international banks (mainly in developed countries). Following the failure of Lehman Brothers, these concerns developed in to a banking panic in which private ﬁnanciers, e.g. mutual funds, withdrew their funding and the central banks stepped in to substitute for the loss of private liquidity. At the same time the United a CPB Netherlands Bureau for Economic Policy Analysis. TILEC, Tilburg University.
Declining real estate values have shaken financial markets, undermined consumer confidence, and slowed economic growth around the world. From homeowners in California to billionaire real estate developers operating in New York, London, and Tokyo, all have seen their net worth dwindle as real estate prices have fallen. Sizable holdings of nonperforming real estate imperil the financial health of stodgy New England banks, aggressively managed Southwestern thrifts, and even the financial giants of Japan. Direct investors in real estate are not the only ones adversely affected by declining real estate values. Capital-impaired banks and insurance companies may be less willing to make loans. U.S. taxpayers may be required to ante up for real estate bets lost by federally insured institutions, while in other countries governments work behind the scenes to shore up their financial institutions. And everyone suffers from the drag on the economy that these real estate losses have exerted. In the fall of 1992 the Federal Reserve Bank of Boston convened a conference on "Real Estate and the Credit Crunch" to explore the causes of these real estate problems and their implications for financial institutions and public policy. The focus was real estate developments in the United States, but the discussion extended the topic to the world economy. The conference consisted of six sessions. The first two examined the causes of the fluctuations in real estate markets in the 1980s, focusing on housing prices and on commercial construction and real estate values. *Vice President and Deputy Director of Research for Regional Affairs, and Vice President and Economist, respectively, Federal Reserve Bank of Boston.
This paper explores the effects of bank credit on firm growth before and after the recent financial crisis outbreak, taking into account different structural characteristics of the banking sector and the domestic economy. The econometric method of panel quantiles is used on a large sample of 2075 firms operating in the euro area (17 countries) for the period 2005-2011. The main results of this paper indicate a strong dependence of firm growth on credit expansion before the crisis. However, post-2008, the credit crunch seems to seriously affect only slow-growth firms and especially those operating in domestic bank-dominated economies. Furthermore, the classification of firms in groups by size yields interesting results: the credit crunch exhibits a strong impact on small firms only. Separate estimates for more and less financially developed economies show that the credit crunch matters mainly in countries with a lower degree of financial development. Moreover, our findings reveal that the degree of banking concentration affects firm growth in a negative way in most estimates. Finally, risk and financial stability matter for firm growth for the total sample and for domestic bank-dominated economies, while in general they do not matter when markets are dominated by foreign banks. Keywords: Credit Crunch; Firm Growth; Foreign Bank Penetration; Banking Concentration; Financial Crisis; Panel Quantile Regressions; Financial Development JEL classification: E51; L25; L10; G21 Acknowledgments: Thanks are due to Heather Gibson and participants at the EARIE 2013 and ASSET 2013 conferences for many useful and insightful comments and suggestions. Correspondence: Helen Louri Bank of Greece, 21 E. Venizelos Ave., 10250 Athens, Greece. Tel.: +30 210 320 2007 Email: email@example.com
After a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis, this article presents a literature review related to difficulties in SME’s access to finance during the crisis, against a background of a sharp decline in bank profitability and an erosion of bank capital that negatively affected lending. The articles reviewed are classified according to four main issues of interest: the impairment of the bank-credit channel and its economic effects; factors potentially attenuating the effect of a financial squeeze; the role of global banking in mitigating but also transmitting financial shocks; and, looking ahead, issues related to so-called “credit-less recoveries” that should be relevant in guiding policy makers in the current environment of financial deleveraging. All the results hold important implications for policy making given the bail-outs and the large injections of liquidity by central banks during the crisis. JEL classification: G01, G21, G28 Keywords: Financial crisis, SME finance, bank lending, credit crunch * Gert Wehinger is a senior economist in the Financial Affairs Division of the OECD Directorate for Financial and Enterprise Affairs. This article is an abbreviated and revised version of a paper prepared for the meeting of the OECD Committee on Financial Markets (CMF) on 17-18 October 2013. It benefitted from the discussions at that meeting and at the meeting of the OECD Working Party on SMEs and Entrepreneurship (WPSMEE) on 22-23 October 2013, where parts of the paper were presented,...