This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Search results
-
Global Asset Allocation: Investing in a Time of Debt, Supply Shocks, and Quantitative Tightening
Warnock, Francis E.; Wurster, LizCase DARDEN-GEM-0215-EEconomicsIn early 2023, pension fund manager Lynda Chen was troubled. She knew how important portfolio returns were for the pension’s finances. The fund’s assets ensure the pension’s health, as portfolio returns prefund the cost of the benefits the pension pays out to members. Built into Chen’s pension calculations was a 6.5% expected return, which, relative to other pension funds, was conservative. But in this world of massive debt levels, a series of ad...Starting at €8.20
-
Fed Listens Meets an Inflation Surge
Warnock, Francis E.Case DARDEN-GEM-0210-EEconomicsAfter the final Federal Open Market Committee meeting of 2022, Jay Powell paused to consider the past and prospective paths for the US Federal Reserve (the Fed). Entering 2023, Powell had three not-unrelated issues on his mind. First, in 2019 the Fed launched its first-ever comprehensive public review of the monetary policy framework it employs to achieve maximum employment and price stability. During this review, Powell and the Fed considered es...Starting at €8.20
-
Apple Inc.: The Second Green Bond - Teaching note
Lipson, Marc L.Teaching Note DARDEN-F-2022TN-EFinanceLisa Jackson, vice president of Environment, Policy and Social Initiatives at Apple Inc. (Apple) and, previously, the first African American administrator of the Environmental Protection Agency, was preparing for questions that might arise in relation to Apple's upcoming 10-year $1 billion green bond issue, Apple's second such offering. The case explores the economics of bond pricing in general, and green bonds in particular, by describing the re...Starting at €0.00
-
Blue Ridge Bike and Hike - Teaching Note
Lipson, Marc L.Teaching Note DARDEN-F-1749TN-EFinanceTeaching Note for Product F-1749Starting at €0.00
-
Wilson Family Foundation - Teaching Note
Lipson, Marc L.Teaching Note DARDEN-F-1899TN-EFinanceTeaching note for product F-1899Starting at €0.00
-
Doing Business: A Managerial Perspective
Warnock, Francis E.; Begley, J. AsherTechnical Note DARDEN-GEM-0176-EEconomicsA government’s impact on the economy is not limited to taxes, spending, and monetary policy. As any manager can attest, regulations dramatically impact the way managers think about production. An effective regulatory environment will allow both new and exStarting at €8.20
-
Fragilities and Growth Prospects in the Global Economy
Walsh, Kieran J.; Warnock, Francis E.Technical Note DARDEN-GEM-0177-EEconomicsThis note discusses identifying the potential future fragile and high-growth economies.Starting at €8.20
-
South Africa: The Search for Balanced and Sustainable Economic Growth
Warnock, Francis E.Case DARDEN-GEM-0179-EEconomicsThis case follows Lesetja Kganyago, governor of the South African Reserve Bank (SARB), and his efforts to keep inflation between 3% and 6% and, if possible, close to the midpoint of that range (i.e., 4.5%). This policy, part of the inflation targeting (IT) regime put in place in February 2000, forced the SARB to tighten monetary policy substantially and repeatedly in 2014 and 2015, when inflation was above the target, arguably pushing the economy...Starting at €8.20
-
Eurozone at 21: A Monetary Union Without Growth?
Warnock, Francis E.Case DARDEN-GEM-0178-EEconomicsThis case addresses the troubles facing the eurozone in early 2021. Was the area doomed to low (or no) growth? Had the eurozone’s high-profile financial crises in Greece, Ireland, and Cyprus given way to the type of slow rotting of society that leads to revolutions? Was the COVID-19 pandemic the final nail in the union’s coffin? Or would the pandemic, notwithstanding the enormous and devastating toll on the union’s citizens, jar the eurozone out ...Starting at €8.20
-
Hedged Cost of Funds and Interest Rate Arbitrage
Lipson, Marc L.Technical Note DARDEN-F-1565-EFinanceThis technical note provides an overview of interest rate parity and the hedged cost of international borrowings. The note describes the essential steps to hedge international borrowings with forward contracts and describes in detail the link between forward rates and interest rates and what drives that relationship.Starting at €8.20