Sebanyak 7 item atau buku ditemukan

Prospek perekonomian Indonesia dalam rangka globalisasi

Economic conditions and economic policy of Indonesia towards global free trade; collection of articles.

... Indonesia dalam PJPT II . Jakarta . 21. Biro Pusat Statistik , 1993 , Keadaan Angkatan Kerja di Indonesia Tahun 1992 . 22. East West Center and Bappenas , 1990 , Household Projections for Indonesia . 23. Gardiner , Mayling Oey 1993 ...

Prospek perekonomian Indonesia 1992-1993

suatu tinjauan makroekonomi

Ketidakpastian dalam tahun 1993/94 adalah apa yang akan dilaku- kan oleh Saudi Arabia , Kuwait dan Iran , negara - negara OPEC yang mempunyai potensi untuk meningkatkan produksi . Bank Dunia memperkirakan bahwa dengan menurunnya ...

Perekonomian Indonesia menjelang abad XXI

distorsi, peluang, dan kendala

Analysis on obstacles, opportunities, etc. of Indonesian economy in the beginning of the 21st century.

Analysis on obstacles, opportunities, etc. of Indonesian economy in the beginning of the 21st century.

Kekuasaan dan moral

politik ekonomi masyarakat Indonesia baru

Political economy of Indonesia, 1990-1996; articles.

Political economy of Indonesia, 1990-1996; articles.

The Forecasting Ability of Money Market Fund Managers and Its Economic Value

The model proposed by Merton(1981) to determine the value of forecasting ability is adapted to investigate whether money market fund managers successfully anticipate changes in the yield curve by adjusting the average maturity of their portfolios in the right direction. The potential economic value of such behavior is assessed, and it is shown that if the portfolios of all money market funds were aggregated it would appear that managers are good forecasters even if individually they possess insignifcant forecasting ability. At the same time, the economic value of the aggregate portfolio will be diminished because of the reduced net change in average maturity. Thus, diversifying into many money market funds will not attain the gain that could be realized if an individual manager had a forecasting ability equal to the quality of the average forecast.A sample of 34 money market funds is investigated. Analysis suggests that a small fraction of the funds exhibited forecasting skills, but even they generated negligible economic value because the changes in their portfolios average maturity were too small.There appears to be no relationship between forecasting ability and economic success of money market funds as measured by asset size and growth.

The model proposed by Merton(1981) to determine the value of forecasting ability is adapted to investigate whether money market fund managers successfully anticipate changes in the yield curve by adjusting the average maturity of their ...

Arah pembangunan ekonomi dalam Pelita VI

Development of Indonesian economy during the Sixth Five Year Development Plan, 1994/1995-1998/1999.

Kalau ingin mencari hakekat pembangunan nasional menurut GBHN 1993 ,
akan ditemukan bahwa manusia itu sendiri yang merupakan titik pusat dari
segala upaya pembangunan . Manusia adalah sasaran pembangunan , yaitu
sebagai ...