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Contingent beneficiary A contingent beneficiary is someone who benefits from a contingent contract; they profit from a promise, which may or may be fulfilled, to do or abstain from doing a certain thing. This matter itself is realized only on the happening of some future uncertain event. In the context of an insurance ...
https://en.wikipedia.org/wiki?curid=28209927
Large-scale macroeconometric model Following the development of Keynesian economics, applied economics began developing forecasting models based on economic data including national income and product accounting data. In contrast with typical textbook models, these large-scale macroeconometric models used large amounts ...
https://en.wikipedia.org/wiki?curid=28250590
Large-scale macroeconometric model The macroeconometric model designed by the model builder is significantly influenced by his interests, information, purpose behind its construction, time and financial constraints in the research. The size and nature of the model will change because of the above considerations while b...
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Large-scale macroeconometric model Tinbergen developed the first comprehensive national model, which he first built for the Netherlands and later applied to the United States and the United Kingdom after World War II. The first global macroeconomic model, Wharton Econometric Forecasting Associates' LINK project, was in...
https://en.wikipedia.org/wiki?curid=28250590
Jackie Smith (sociologist) Jackie Smith (born April 3, 1968) is an American sociologist. She specializes in Political economy and Transnational organization social movements. Since 2011, she has been Professor of Sociology at the University of Pittsburgh. Smith currently serves as editor of the "Journal of World-System...
https://en.wikipedia.org/wiki?curid=28268846
Treasury Inspector General for Tax Administration The (TIGTA) is an office in the United States Federal government. It was established in January 1999 in accordance with the Internal Revenue Service Restructuring and Reform Act of 1998 (RRA 98) to provide independent oversight of Internal Revenue Service (IRS) activiti...
https://en.wikipedia.org/wiki?curid=28269636
Treasury Inspector General for Tax Administration Examples of specific allegations that should be reported include, but are not limited to: attempts by taxpayers to bribe IRS personnel; extortion or misuse of position by IRS personnel; assaults and/or threats by taxpayers against IRS employees; schemes involving the us...
https://en.wikipedia.org/wiki?curid=28269636
Treasury Inspector General for Tax Administration SIID is responsible for conducting sensitive investigations involving TIGTA employees, IRS Oversight Board Members, IRS Senior Executives (Grade 15 and above), IRS Chief Counsel employees, IRS Criminal Investigation Division employees and IRS International employees loc...
https://en.wikipedia.org/wiki?curid=28269636
New Communities was a land trust and farm collective owned and operated by approximately a dozen black farm farmers from 1969 to 1985. Once one of the largest-acreage African American-owned properties in the United States, it was situated in Southwest Georgia. Instrumental in the forming of the partnership was Slater K...
https://en.wikipedia.org/wiki?curid=28280573
New Communities They pioneered the raising of Muscadine grapes, putting in of the crop – now commonly grown in Southwest Georgia. On devoted to row crops, they raised area staples: corn, peanuts and soybeans. Yet in 1981 the region where the farms were located experienced severe drought. According to the findings of fe...
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International N. D. Kondratiev Foundation The is an economic research organization founded in 1992 at an international conference devoted to the centenary of the birth of Nikolai Kondratiev. The foundation is accredited by the Department of Social Sciences, Russian Academy of Sciences. The founding (and now honorary) p...
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Social dividend The social dividend is the return on the capital assets and natural resources owned by society in a socialist economy. The concept notably appears as a key characteristic of market socialism, where it takes the form of a dividend payment to each citizen derived from the property income generated by publ...
https://en.wikipedia.org/wiki?curid=28291741
Social dividend Social dividends are a key feature in many models of market socialism which are characterized by publicly owned enterprises operating to maximize profit within a market economy. In such a system, the social dividend would grant every citizen a share of the property income generated by publicly owned ass...
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Social dividend There are many institutional forms a social dividend can take. Generally, they are regarded as being universally distributed without constraint, even to unemployed individuals. However, the exact institutional arrangement varies among different proposals, for example, there might be certain constraints ...
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Social dividend While Marx was opposed to the distribution of property income under capitalism, the way property income is distributed was "not" the instrumentality of capitalist collapse nor was it the primary reason for the desirability of the abrogation of capitalism in Marx's view. In Marx's view capitalism was not...
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Social dividend Oskar Lange is credited with the first use of the term “social dividend” in his seminal paper "On the Economic Theory of Socialism", where he defined it as the accumulation of profit and rent minus investment by publicly owned enterprises. In Lange’s model of socialism, the social dividend would be one ...
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Social dividend Lerner’s model proposed that inflation and depression could be prevented in a socialist economy by adjusting the level of the social dividend: if spending is too high, the social dividend could be set to zero or a negative (as a tax) to reduce demand. British economist James Meade outlined a social divi...
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Social dividend In Yunker's model of “pragmatic market socialism” enterprises would be organized as corporations and function almost identically to present-day capitalist firms, the major difference being that their shares would be owned by a public entity which he dubbed the “Bureau of Public Ownership”. The major dif...
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Social dividend This measure would be financed by the public and cooperative ownership of enterprises, and is a measure to be adopted alongside the ending of capital accumulation as the driving force in the economy. Taken together, these measures would constitute a post-capitalist economy. In February 2017, the Chinese...
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Social dividend systems have been implemented in limited form on the basis of public ownership of natural resources in the state of Alaska through the Alaska Permanent Fund and in Norway by the Government Pension Fund of Norway. The Alaska Permanent Fund distributes a share in the state's wealth derived from royalty in...
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Social dividend In response to the socialist contention that passive shareholders and owners can be substituted for publicly owned institutional investors, Ludwig von Mises claimed that the private dividends of capitalists and speculators are necessary for calculating the opportunity costs of capital goods. According t...
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Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristi...
https://en.wikipedia.org/wiki?curid=28292122
Production for use refers to an arrangement whereby the production of goods and services is carried out "ex ante" (directly) for their utility (also called "use-value"). The implication is that the value of economic output would be based on use-value or a direct measure of utility as opposed to exchange-value; because ...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Some thinkers, including the Austrian philosopher and political economist Otto Neurath, have used the phrase "socialization" to refer to the same concept of "production for use". In Neurath's phraseology, "total socialization" involves calculation in kind in place of financial calculation and a syste...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Economic planning is not synonymous with production for use. Planning is essential in modern globalised production both within enterprises and within nation states. Planning to maximize profitability (i.e., within industries and private corporations) or to improve the efficiency of capital accumulati...
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Production for use Advertisement and planned obsolescence are strategies used by businesses to generate demand for the continual consumption required for capitalism to sustain itself, so that instead of satisfying social and individual needs, capitalism first and foremost serves the artificial need for the accumulation...
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Production for use Socialist and non-socialist opponents of the Soviet model of economic planning have criticized the Soviet centralized model of a planned economy on similar grounds to the critique leveled against capitalism as production was often undertaken in order to fulfill plan targets as opposed to being produc...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Vladimir Lenin described the Soviet economy as "state-monopoly capitalism" and did not consider it to be socialism. During the 1965 Liberman Reforms, the Soviet Union re-introduced profitability as a criterion for industrial enterprises. Other views argue the Soviet Union evolved into a non-capitalis...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Many social democrats currently reject this concept altogether and wish to retain the capitalist economic system by promoting a welfare state and economic interventions in order to make capitalism more "equitable" without questioning the legitimacy of the profits system. Michel Bauwens identifies the...
https://en.wikipedia.org/wiki?curid=28292122
Production for use The classic formulation of socialism involved replacing the criteria of value from money (exchange-value) to physical utility (use-value), to be quantified in terms of physical quantities (Calculation in kind and Input-Output analysis) or some natural unit of accounting, such as energy accounting. In...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Oskar Lange, rejecting his earlier proposals for market socialism, argued that the computer is more efficient than the market process at solving the multitude of simultaneous equations required for allocating economic inputs efficiently (either in terms of physical quantities or monetary prices). Sal...
https://en.wikipedia.org/wiki?curid=28292122
Production for use Cooperative economist Jaroslav Vanek suggests that worker self-management and cooperative ownership of enterprises operating in a free-market would allow for a genuine free-market economy free of the market-distorting, monopolistic tendencies and antagonistic interests that emerge from private owners...
https://en.wikipedia.org/wiki?curid=28292122
Exchange-traded product An exchange-traded product (ETP) is a regularly priced security which trades during the day on a national stock exchange. ETPs may embed derivatives but it is not a requirement that they do so and the investment memorandum (or offering documents) should be read with care to ensure that the prici...
https://en.wikipedia.org/wiki?curid=28298932
Economic Scholars Program The (ESP) is an annual conference in Dallas, Texas that highlights undergraduate research in economics and business. It is co-hosted by the Federal Reserve Bank of Dallas and Austin College. The conference is typically held on the last Friday in March or first Friday in April and is modeled af...
https://en.wikipedia.org/wiki?curid=28303468
99ers is a colloquial term for unemployed people in the United States, mostly citizens, who have exhausted all of their unemployment benefits, including all unemployment extensions. As a result of the American Recovery and Reinvestment Act passed by Congress in February 2009, many unemployed people could receive up to ...
https://en.wikipedia.org/wiki?curid=28311794
99ers Economists have cited that unemployment should not have the requirement of being paid for out of an existing stimulus package because it is stimulative and, therefore, to take away allocated funds from other projects would have a self-canceling effect. The passage of the bill to fund eligible (non-exhausted) unem...
https://en.wikipedia.org/wiki?curid=28311794
99ers The bill is co-sponsored by Senators Charles Schumer (D-NY), Harry Reid (D-NV), Dick Durbin (D-IL), Carl Levin (D-MI), Bob Casey, Jr. (D-PA), Christopher Dodd (D-CT), Sherrod Brown (D-OH), Jack Reed (D-RI), and Sheldon Whitehouse (D-RI). The proposed bill was designed to help by: Tier 5 Unemployment Insurance (Un...
https://en.wikipedia.org/wiki?curid=28311794
99ers 6901) to extend benefits for another 20 additional weeks for states whose unemployment rate exceeds 10 percent: A House bill introduced by Representative Shelley Berkley (D-NV-1) on August 10, 2010 will, if passed, benefit those who have exhausted all of their benefits by providing an additional 20 weeks of unemp...
https://en.wikipedia.org/wiki?curid=28311794
99ers Examiner Both "The New York Times" and PBS NewsHour have covered the story. On July 19, 2010, "The Daily Beast" published "Get America Back to Work" which has gathered signatures of prominent economists, academics, journalists and historians, including five Nobel Prize Laureates, in support of a statement calling...
https://en.wikipedia.org/wiki?curid=28311794
99ers Democratic supporters of additional unemployment extensions have pointed out that Republicans who are calling for unemployment benefits to be paid for out of existing funds are, in some cases, the same legislators who insist the Bush tax cuts be renewed without funding. Republicans have countered the Bush tax cut...
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99ers Several prominent economists have argued long term unemployment benefits are an incentive not to work, including President Obama's former White House economic adviser Lawrence Summers, who once wrote in the Concise Encyclopedia of Economics: "The second way government assistance programs contribute to long-term u...
https://en.wikipedia.org/wiki?curid=28311794
99ers In September 2010, the private sector added 64,000 jobs. Proponents of benefits extension point out that corporations are sitting on approximately 1.8 trillion in cash while not hiring. Job postings with statements that only workers who are currently employed or those who've been unemployed for less than six mont...
https://en.wikipedia.org/wiki?curid=28311794
99ers The exclusionary jobs postings have prompted New Jersey Assemblyman Peter Barnes (D-Middlesex) to propose legislation that would impose fines of $10,000 per incident for companies that post job advertisements which say the unemployed shouldn't bother applying. The Bureau of Labor Statistics has released a report ...
https://en.wikipedia.org/wiki?curid=28311794
99ers have testified before Congress and have started numerous online sites from which to organize, meet others in their situation and to share links to resources. A rally sponsored by Unemployed Workers Action Group (UWAG.org) took place on Wall Street in New York City on August 12, 2010 to support the S.3706 Tier 5 u...
https://en.wikipedia.org/wiki?curid=28311794
David Gordon (philosopher) David Gordon (born April 7, 1948) is an American libertarian philosopher and intellectual historian influenced by Rothbardian views of economics. Peter J. Boettke, in his Reason Foundation "Reason Papers," Issue No. 19, Fall 1994, describes Gordon as "a philosopher and intellectual historian ...
https://en.wikipedia.org/wiki?curid=28312696
David Gordon (philosopher) " The book, which answers the arguments of Marxist political philosophers, including G. A. Cohen, Jon Elster and John Roemer, dismisses every form of Marxism as theoretically unviable. The "American Political Science Review" said Gordon's argument was "rather crude": capitalism could not be e...
https://en.wikipedia.org/wiki?curid=28312696
David Gordon (philosopher) " Gordon's book "The Philosophical Origins of Austrian Economics" (1992), which explores the philosophical origins of Carl Menger’s economic theories, was highly praised by Murray Rothbard. Writing in "The Review of Austrian Economics", Barry Smith criticized the book for its over-simplistic ...
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David Gordon (philosopher) " They presented a spread sheet analysis that classified the books by unknown criteria, concluding the issue was not that Harvard press "is ideological, but that its ideology is predominately leftist." The authors acknowledged they had not read all the books they classified. A reviewer noted ...
https://en.wikipedia.org/wiki?curid=28312696
Family economics applies economic concepts such as production, division of labor, distribution, and decision making to the study of the family. It tries to explain outcomes unique to family—such as marriage, the decision to have children, fertility, polygamy, time devoted to domestic production, and dowry payments usin...
https://en.wikipedia.org/wiki?curid=9091287
Family economics Smith wrote: "But though in disputes with their workmen, masters must generally have the advantage, there is, however, a certain rate below which it seems impossible to reduce, for any considerable time, the ordinary wages even of the lowest species of labour...A man must always live by his work, and h...
https://en.wikipedia.org/wiki?curid=9091287
Family economics This implies that for Marx the wage that workers need to sustain their families is one of the basic factors that regulates the economy. When he defines necessary labor time, however, Marx means the market labor necessary to earn the income that workers need so that their family can survive. Some connec...
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Family economics In his view under socialism women would not face the double burden of wage work and unpaid household work, since he expected household tasks to be provided as public services. Other Marxist economists of the late 19th and early 20th century like Bebel, Luxemburg, and Lenin also wrote on the necessity o...
https://en.wikipedia.org/wiki?curid=9091287
Family economics The household production functions introduced by Gary Becker in his article "A Theory of Allocation of Time" are used in the analysis of many household decisions. Theodore W. Schultz captured aspects of family that are important for the whole economy and that were emphasized by Becker and Mincer, the f...
https://en.wikipedia.org/wiki?curid=9091287
Family economics An employment relationship between spouses also forms the basis of some analyses in the tradition of the NHE. For example, Shoshana Grossbard models both men and women as possibly hiring each other's work in household production, which she calls "spousal labor" or "Work-In-Household (WiHo)". To the ext...
https://en.wikipedia.org/wiki?curid=9091287
Family economics This has led to a tendency for feminist economists to dismiss Becker's analyses of marriage. Other economic explanations for marriage that have parallels in standard economic analyses of firms include explanations emphasizing risk pooling and consequently reductions in the risks of illness or being une...
https://en.wikipedia.org/wiki?curid=9091287
Family economics If they have tastes for goods that are produced in the household, they may prefer to do more household work and consume goods produced within the household. Becker assumed that women have a comparative advantage in domestic work, which means they are able to produce more within the household, while men...
https://en.wikipedia.org/wiki?curid=9091287
Family economics The game theoretic bargaining model offers an alternative framework to analyze the dynamics between household members in choosing consumption and production outcomes through a process of either explicit or implicit bargaining, conflict and/or cooperation. The bargaining model can assume that there is s...
https://en.wikipedia.org/wiki?curid=9091287
Family economics This growth in participation has been limited by institutional factors such as quotas on how many women can be employed in certain industries. For example, in England in the second half of the 19th century there was a campaign, supported by working class men, to restrict female market employment. Simil...
https://en.wikipedia.org/wiki?curid=9091287
Family economics Also according to Becker's rotten kid theorem, even if one of the household members would want to harm another household member by contributing less to the family, then the altruistic decision maker in the family might prevent that particular member from harming the other member. In such a case, an alt...
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Family economics Based on this possibility he adds two more factors that, according to him, will affect the bargaining outcomes: "the perception of contribution" and "the perception of self-interest". If a party is more aware of his or her interests, he or she will get better outcomes from the bargaining process. Also,...
https://en.wikipedia.org/wiki?curid=9091287
Family economics Malthus attributed two factors to fertility decisions: the first was the age at which people get married and the second is how often married couples engage in sexual activities. Gary Becker further discusses this topic. Gary Becker talks about quantity and quality of children based on income. There is ...
https://en.wikipedia.org/wiki?curid=9091287
Family economics Before, women would restrain from sexual activities, even in marriages in order to avoid any unplanned pregnancy which could lead to a decline of women in the workforce. Having children hinders women’s advancement in the workforce. They must take time off the workforce to care for the infants and once ...
https://en.wikipedia.org/wiki?curid=9091287
Family economics Economies of scale will increase now that the savings in cost has increased due to the level of production by two people compared to one. Marriages effect the economy because now they create a division of labor. Once married, they must decide which spouse would be more beneficial staying at home and wh...
https://en.wikipedia.org/wiki?curid=9091287
Family economics They are costly to the couples that are involved in the divorce, but they open job opportunities for lawyers and other parties involved.
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Dual trigger insurance is an insurance (or reinsurance) program where the limit, premium, or retention is linked to one or more contingencies other than insurable hazards. Such contingencies are often external to the buyer, objectively measurable, and uncorrelated with the hazard risk(s) covered under the program. The ...
https://en.wikipedia.org/wiki?curid=9099188
Gandhian economics is a school of economic thought based on the spiritual and socio-economic principles expounded by Indian leader Mahatma Gandhi. It is largely characterised by rejection of the concept of the human being as a rational actor always seeking to maximize material self-interest that underlies classical eco...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics Gandhi's championing of "Swadeshi" and non-cooperation were centred on the principles of economic self-sufficiency. Gandhi sought to target European-made clothing and other products as not only a symbol of British colonialism but also the source of mass unemployment and poverty, as European industria...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics The concept of an "ashram" has been compared with the commune, where its inhabitants would seek to produce their own food, clothing and means of living, while promoting a lifestyle of self-sufficiency, personal and spiritual development and working for wider social development. The "ashrams" included...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics Rudolph argues that after a false start in trying to emulate the English in an attempt to overcome his timidity, Gandhi discovered the inner courage he was seeking by helping his countrymen in South Africa. The new courage consisted of observing the traditional Bengali way of "self-suffering" and, in...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics Rather than a system where rights are enforced by a higher authority, people are self-governed by mutual responsibilities. On returning from South Africa, when Gandhi received a letter asking for his participation in writing a world charter for human rights, he responded saying, "in my experience, it...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics The first basic principle of Gandhi’s economic thought is a special emphasis on ‘plain living’ which helps in cutting down your wants and being self-reliant. Accordingly, increasing consumer appetite is likened to animal appetite which goes the end of earth in search of their satisfaction. Thus a dis...
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Gandhian economics The third principle of Gandhian economic thought, known as trusteeship principle, is that while an individual or group of individuals is free not only to make a decent living through an economic enterprise but also to accumulate, their surplus wealth above what is necessary to meet basic needs and in...
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Gandhian economics Therefore, any exercise on economic planning on a national scale would be futile without uplifting these most vulnerable sections of the society in a direct manner. In the ultimate analysis, it is the quality of the human being that has to be raised, refined and consolidated. In other words, economic...
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Gandhian economics Kumarappa was the first, writing a number of relevant books in the 1930s and 1940s. He and Mira Behan argued against large-scale dam-and-irrigation projects, saying that small projects were more efficacious, that organic manure was better and less dangerous than man-made chemicals, and that forests s...
https://en.wikipedia.org/wiki?curid=9110459
Gandhian economics India's first prime minister, Jawaharlal Nehru totally differed with Gandhi, even before independence and partition of India. Gandhi did not participate in celebration of Indian independence, he was busy controlling the post partition communal violence. Gandhian activists such as Vinoba Bhave and Jay...
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Gandhian economics Jayaprakash Narayan also sought to use Gandhian methods to combat organised crime, alcoholism and other social problems. The proximity of Gandhian economic thought to socialism has also evoked criticism from the advocates of free-market economics. To many, represent an alternative to mainstream econo...
https://en.wikipedia.org/wiki?curid=9110459
The House of Morgan The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance is a non-fiction book by Ron Chernow, published in 1990. It traces the history of four generations of the J.P. Morgan financial empire, on both sides of the Atlantic, from its obscure beginnings in Victorian London to th...
https://en.wikipedia.org/wiki?curid=9112024
Jobless claims Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies. Initial claims should not be...
https://en.wikipedia.org/wiki?curid=9124894
Jobless claims Investors can use this report to gather pertinent information about the economy, but it's a very volatile data, so the four-week average of jobless claims is monitored. Initial jobless claims measure emerging unemployment, and it is released after one week, but continued claims data measure the number of...
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Credit reference A credit reference is information, the name of an individual, or the name of an organization that can provide details about an individual's past track record with credit. Credit rating agencies provide credit references for companies while credit bureaus provide credit references for individuals. Other...
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Credit reference A good credit score is typically a score of 700 and above but, creditors do have their own underwriting guidelines.
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Private equity secondary market In finance, the private equity secondary market (also often called private equity secondaries or secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds. Given the absence of established trading markets f...
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Private equity secondary market Conversely, sellers may seek to sell interest for various reasons, including the need to raise capital, the desire to avoid future capital calls, the need to reduce an over-allocation to the asset class or for regulatory reasons. Driven by strong demand for private equity exposure over t...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market Other institutional investors typically have appetites for secondary interests. More and more primary investors, whether private equity funds-of-funds or other institutional investors, also allocate some of their primary program to secondaries. As the private equity secondary market matu...
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Private equity secondary market In addition to traditional cash sales, sales of fund interests are consummated through a number of structured transactions: — Includes a wide variety of negotiated transactions between the buyer and seller that typically is customized to the specific needs of the buyer and seller. Typica...
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Private equity secondary market — A secondary transaction where an LP gains liquidity very early in the life of the fund, where the fund has called under 10% of the fund or less – This category is the sale of portfolios of direct investments in operating companies, rather than limited partnership interests in investmen...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market – This category typically refers to the structured sale of a portfolio of private equity fund interests whereby the seller keeps some or all of the fund interests on its balance sheet but the buyer agrees to fund all future capital calls of the seller's portfolio in exchange for a prefer...
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Private equity secondary market As a result, the nascent secondary market became an increasingly active sector within private equity in these years. Secondary transaction volume increased from historical levels of 2% or 3% of private equity commitments to 5% of the addressable market. Many of the largest financial inst...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market By 2006, active portfolio management had become far more common in the increasingly developed secondary market, and an increasing number of investors had begun to pursue secondary sales to rebalance their private equity portfolios. The continued evolution of the private equity secondary ...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market In these transactions, sellers were willing to accept major discounts to current valuations (typically in reference to the previous quarterly net asset value published by the underlying private equity fund manager) as they faced the prospect of further asset write-downs in their existing...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market Since mid-2010, the secondary market has seen increased levels of activity resulting from improved pricing conditions. Through the middle of 2011, the level of activity has continued to remain at elevated levels as sellers have entered the market with large portfolios, the most attractiv...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market State of Wisconsin Investment Board sells a $1 billion portfolio of large buyout fund interests Swedish Länsförsäkringar sold a €1.5bn PE portfolio. In February, NorthStar Realty Finance spent $390 million buying a 51 percent stake in a portfolio of 45 real estate fund interests previous...
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Private equity secondary market 6% year over year, reflecting the fact that more multi-hundred million / billion+ dollar transactions were completed in 2014. Indeed, the breadth and number of buyers continues to increase with total volume and activity of small and medium buyers becoming more significant. Large buyers a...
https://en.wikipedia.org/wiki?curid=9136666
Private equity secondary market The period also gave rise to GP-led restructurings, in which a fund manager leads efforts to restructure the economics of the fund or roll existing fund commitments into a new vehicle. According to Credit Suisse, GP-led secondaries have grown from 10 percent of the market in 2012 to over...
https://en.wikipedia.org/wiki?curid=9136666
Naked Economics Naked Economics: Undressing the Dismal Science is a book by Charles Wheelan that seeks to translate basic economic issues into a format that can be easily read by people with little or no previous knowledge of economics. The "Chicago Tribune" described the book as "Translat[ing] the arcane and often ins...
https://en.wikipedia.org/wiki?curid=9140914
Robert Ekelund Robert Burton Ekelund, Jr. (born 1940) is an American economist. Originally from Galveston, Texas, Ekelund attended St. Mary's University in San Antonio, Texas, earning his B.B.A. in economics in 1962 and his M.A. in economics and history the next year. He was a member of the Order of the Barons and firs...
https://en.wikipedia.org/wiki?curid=9178003
Robert Ekelund He is also an Independent Institute research fellow and an adjunct faculty member of the Mises Institute. Economic topics notably discussed by Ekelund include cultural economics, the history of economic thought, the economics of regulation, the economics of religion, public choice theory, mercantilism, a...
https://en.wikipedia.org/wiki?curid=9178003
Robert Ekelund Price chronicled these stark innovations in a recent book entitled The Economics of Edwin Chadwick: Incentives Matter. According to Professor Sam Peltzman of the University of Chicago, "Economists owe a great debt to Ekelund and Price for making us aware of Edwin Chadwick's seminal contributions. Chadwic...
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Robert Ekelund In his review, economist Marcel Boumans of the University of Amsterdam asserts, "For too long they were neglected in the history of economics. Ekelund and Hebert's tribute to their work remedies this shortcoming." According to a July 1999 book review in the "American Journal of Economics and Sociology", ...
https://en.wikipedia.org/wiki?curid=9178003
Robert Ekelund Factors affecting demand and risk profiles between mainline Protestant religions, on the one hand, and fundamentalist and traditionalist Roman Catholics, on the other relate Chiswick concludes that schisms are beneficial and that "[t]hese ideas seem to be particularly relevant in the current period where...
https://en.wikipedia.org/wiki?curid=9178003