Japan’s Flow-of-Funds Accounts

Author(s):  
Shuji Kobayakawa ◽  
Ryoichi Okuma
Keyword(s):  
2017 ◽  
Vol 63 (2) ◽  
pp. 165-175
Author(s):  
Rajiv Gauba

The investment needs in basic infrastructure that determine the pace of development of cities are considerably higher than the quantum of flow of funds. The key indicators of the major urban services reveal that there is a failure to achieve even moderate success in service delivery. The components of the traditional approach to financing urban services have been grants and loans from government-owned financial institutions on basis of guarantees. The urban local bodies (ULBs) in India are weak in terms of capacity to raise both resources and financial autonomy. Given the major risks involved, private sector has also largely stayed away from urban infrastructure projects, until very recently. These have resulted in huge gap between the demand and supply of urban basic services. The present government has launched several Missions to promote urban development in the country through strict adherence to reforms to strengthen financial and governance capacities of ULBs and participating in competition at state and city levels to qualify for accessing resources apart from other grants-based missions. In this context, the article discusses the investment requirements, progress of programmatic interventions for urban development in India and their financing mechanism. The article focuses on recently completed Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the newly launched National Urban Mission programmes.


1993 ◽  
Author(s):  
Monica Hargraves ◽  
Garry J. Schinasi ◽  
Steven R. Weisbrod

1963 ◽  
Vol 4 (2) ◽  
pp. 153 ◽  
Author(s):  
Jacob Cohen

Author(s):  
Vladimír Pícha

This paper observes effect of money supply on the stock market through the portfolio balance channel as a transmission mechanism of monetary policy. National flow of funds accounts, specifically assets from US households’ portfolios, represent a key data source. Johansen’s cointegration methodology is employed in the empirical part of the paper to analyze both short term and long term relationships among researched variables. Estimates of vector error correction model help to reliably quantify intensity of the effect. Results show money supply excercises influence on valuation of S&P 500 index with 6 months lag. The impact is also distinguishable in the long run, whereas all observed asset classes can positively influence price of S&P 500. Findings are then contextualized in the concluding part of the paper using a monetary policy framework.


Author(s):  
Adam Samborski

Research issues include the physical investment financing in Polish nonfinancial corporations in 1995 to 2011. The purpose of this study is to identify the structure of physical investment financing in Polish non-financial corporations, and to define the role of bank financing. The data used in the estimation of physical investment financing structure in Polish non-financial corporations, were obtained from two accounts belonging to the accumulation accounts, i.e. the capital account and the financial account. The study used net sources of finance methodology initiated by Mayer [1988, 1990], Corbett and Jenkinson [1994, 1997]. It uses the flow of funds rather than stock data.


Sign in / Sign up

Export Citation Format

Share Document