932 resultados para outside auditor
Resumo:
Despite their differences and the difficulties in the EU-UK relationship, the UK has played a significant role in many areas of EU integration for more than 40 years. While determining the exact impact of a British withdrawal from the EU is difficult, one can list a number of areas in which undoubtedly Brexit would have a profoundly negative impact on the EU, and an even greater negative impact on the UK itself. Brexit would also radically change the way the EU functions by changing the EU’s main institutions, creating a series of alterations that would not in the end necessarily be wholly detrimental to the union.
Resumo:
This paper explores the effects of non-standard monetary policies on international yield relationships. Based on a descriptive analysis of international long-term yields, we find evidence that long-term rates followed a global downward trend prior to as well as during the financial crisis. Comparing interest rate developments in the US and the eurozone, it is difficult to detect a distinct impact of the first round of the Fed’s quantitative easing programme (QE1) on US interest rates for which the global environment – the global downward trend in interest rates – does not account. Motivated by these findings, we analyse the impact of the Fed’s QE1 programme on the stability of the US-euro long-term interest rate relationship by using a CVAR (cointegrated vector autoregressive) model and, in particular, recursive estimation methods. Using data gathered between 2002 and 2014, we find limited evidence that QE1 caused the break-up or destabilised the transatlantic interest rate relationship. Taking global interest rate developments into account, we thus find no significant evidence that QE had any independent, distinct impact on US interest rates.
Resumo:
Poster apresentado no XXIV Congresso da Ordem dos Médicos Dentistas, 12-14 Novembro 2015, Lisboa.
