919 resultados para Asymmetric Phillips Curve


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Handwritten order to John Sale to pay scholarship funds to Phillips Payson for use by his son, signed by Charles Chauncey, John Clarke, James Thwing, and Jonathan Williams.

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Handwritten order to John Sale to pay scholarship funds to Phillips Payson for use by his son, signed by John Clarke, Charles Chauncey, James Thwing, and Jacob Williams.

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This undated bill was rendered to the College by Phillips Payson (died 1809; Harvard AB 1778) for work done in the College Library equaling £720. The document was originally housed in a folder with the note, "This was from the old trunk."

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These two documents consist of an account of services done by Phillips Payson (1809; Harvard AB 1778) for the College Library and a brief letter of enclosure.

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Two-leaf printed circular regarding the distribution of religious books according to the bequest of the estate of Samuel Phillips. The circular lists Eliphalet Pearson as a member of the Committee for distributing books. There is a struck-through handwritten note about the distribution of Dr. Watt's Divine Songs. The circular has the inscription: "Papers of 1794. College Papers."

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Two octavo-sized leaves containing a one-page handwritten letter from Samuel Phillips, President of the Massachusetts Senate, to Professor Pearson informing him of a bill before the Senate for enlarging the power of the College to hold tax-exempt real estate.

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Four folio-sized pages containing a handwritten letter from President Willard to the President of the Massachusetts Senate, Samuel Phillips, regarding the taxation of College real estate and the history of the College's compromise with the Committee of the town of Cambridge regarding taxation.

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Three folio-sized pages containing a handwritten letter from President Willard to the President of the Massachusetts Senate, Samuel Phillips, regarding proposed changes to the tax law before the Senate regarding the tax exemptions of College administrators and faculty.

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One letter requesting information about Harvard students and a new law professorship.

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One letter regarding an "unpleasant" reserve between them.

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At present, the market is severely mispricing Greece’s sovereign risk relative to the country’s fundamentals. As a result of the mispricing, financial intermediation in Greece has become dysfunctional and the privatisation of state-owned assets has stalled. This mispricing is partially due to an illiquid and fragmented government yield curve. A well-designed public liability management exercise can lead to a more efficient pricing of Greece’s government bonds and thereby help restore stable and affordable financing for the country’s private sector, which is imperative in order to overcome Greece’s deep recession. This paper proposes three measures to enhance the functioning of the Greek government debt market: i) Greece should issue a new five-year bond, ii) it should consolidate the 20 individual series of government bonds into four liquid securities and iii) it should offer investors a swap of these newly created bonds into dollar-denominated securities. Each of these measures would be beneficial to the Hellenic Republic, since the government would be able to reduce the face value and the net present value of its debt stock. Furthermore, this exercise would facilitate the resumption of market access, which is a necessary condition for continuous multilateral disbursements to Greece.