This study evaluates the success of the monthly deposit of funds into hypothetical retirement portfolios for the period January 1926 to December 2003. The results of the study indicate that, in general, portfolios with a higher equity portion had a greater likelihood of achieving the desired terminal value. We also find that monthly deposits based on the historical asset class returns generally...

as a commercial instrument, bank check has an important role in the life of international economy. therefore, along with unification of international regulations for bill of exchange and promissory note, the idea of applying uniform regulations to the check was gradually improved led to the approval of three genève conventions in march 1931. the said conventions were accepted by most countries ...

The 3rd Annual International Umbilical Cord Blood Transplantation Symposium took place in Los Angeles, California, on June 3–4, 2005. The Symposium was presented by the California Blood Bank Society, and was supported by unrestricted educational grants from International Cord Blood Bank StemCyte, the National Marrow Donor Program (NMDP), and the Health Resources Services Administration and was ...

Although domestic mergers and acquisitions (M&As) in the financial services industry have increased steadily over the past two decades, international M&As were relatively rare until recently. This paper uses a novel dataset of over 2,300 mergers that took place between 1978 and 2001 to analyse the determinants of international bank mergers. We test the extent to which information costs and regu...

Pecking order models of international finance suggest that countries should become less reliant on international bank lending as they develop. Reduced information costs are one of the factors behind this trend towards disintermediation. This paper presents a simple model on the choice between bank debt and bond finance which builds on Rajan (1992), and it uses two new datasets to test the impli...

We analyze the transmission of shocks through international bank lending, as is suggested in Kaminsky and Reinhart [6], by examining the bank’s international lending behavior. We develop a portfolio selection model, which explicitly includes the economic condition of the bank’s home county. This model is estimated using data from the banks of the six largest international creditor countries ove...