What does it take to be charismatic leader? Charisma is at any rate very useful and significant tool to become successful. Whilst some people argue that charisma is somehow inborn‚ others disagree. They believe that anyone can become a charismatic leader. However‚ it might require some time and energy. Charismatic leaders can have a huge impact on their followers’ performance and also on formation of their opinions and attitudes. With charisma you become more influential and inspiring. Furthermore
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The Journal of Applied Behavioral Science http://jab.sagepub.com/ What Does It Take to Implement Change Successfully? A Study of the Behaviors of Successful Change Leaders Malcolm Higgs and Deborah Rowland Journal of Applied Behavioral Science 2011 47: 309 originally published online 11 April 2011 DOI: 10.1177/0021886311404556 The online version of this article can be found at: http://jab.sagepub.com/content/47/3/309 Published by: http://www.sagepublications.com On behalf of: NTL Institute
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Interest rate pass-through: the case of Hungary Csilla Horváth‚ Judit Krekó‚ Anna Naszódi Magyar Nemzeti Bank‚ Budapest‚ 1850‚ Szabadság tér 8-9‚ Hungary Telephone: 00-36-1-428-2600‚ Fax: 00-36-1-428-2590 Email: horvathcs@mnb.hu‚ krekoj@mnb.hu‚ naszodia@mnb.hu 1 Interest rate pass-through: the case of Hungary Csilla Horváth‚ Judit Krekó‚ Anna Naszódi Abstract In this paper we analyze the interest rate pass-through in Hungary‚ with the help of ECM and TAR models‚ using both aggregated and bank
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The term structure of interest rates‚ also known as the yield curve‚ is a very common bond valuation method. Constructed by graphing the yield to maturities and the respective maturity dates of benchmark fixed-income securities‚ the yield curve is a measure of the market’s expectations of future interest rates given the current market conditions. Treasuries‚ issued by the federal government‚ are considered risk-free‚ and as such‚ their yields are often used as the benchmarks for fixed-income securities
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EXPLAIN THE CONCEPT OF THE TERM STRUCTURE OF INTEREST? WHAT INFLUENCE DOES THE BANK OF ENGLAND HAVE OVER THE TERM STRUCTURE AND WHY IS IT IMPORTANT FOR MONETARY POLICY To understand the term structure of interest rate we need to elaborate how interest rates function and how they are determined. Interest rates are a vital tool to all the macro-economic policy objectives of a government such as control of inflation‚ investment as well as employment. Interest rates refer to the price paid by deficit agents
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Running head: BUSINESS ENVIRONMENT Business Environment Kary Ptak Professor Michael Mancini Strayer University Business 100 May2‚ 2013 Business Environment Business is all around us nationally and internationally‚ they are what made our economy grow. Some business are growing fast as technology advance‚ however some business are weakening in the slow economy. Roles of Business in the Economy The economy relies on business to provide goods or services within the nation. If there were
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OUMH1303 ENGLISH FOR ORAL COMMUNICATION WHAT DOES IT TAKE TO BE A GOOD PARENT? P R E S E N T BY F O N G L A I KU A N INTRODUCTION • In the process of learning‚ parental involvement is significant for children. • Parent involvement can be as simple as helping with math homework or reading a book together at bedtime. • Going to parent-teacher conferences is important 5 REASONS TO GET INVOLVED Children get better grades and have higher test scores. Children develop better social skills and show
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Every Capitalist nation has a monetary system basically similar to ours. As a consequence‚ all have developed central banks whose duties are essentially like those of the Federal Reserve‚ namely‚ to exert control over the direction and extent of changes in the money supply. The aim of all central banks is also the same. They want to keep their economies supplied with the "right" amount of money. If money supplies are scarce‚ the economy will suffer as if it were in a straitjacket. Households and
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MacroEconomics 8/5/15 Federal Funds Rate Increase According to our textbook in Chapter 12‚ the federal funds rate is "The interest rate financial institutions charge each other for overnight loans used as reserves. A change in the federal funds rate reflects changes in the market demand and supply of excess reserves." I found the best explanation of the federal funds rate at http://www.investopedia.com/terms/f/federalfundsrate.asp. Investopedia defines it as "the interest rate at which a depository
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Chapter 5 : Interet rates Page161 Interest rate quotes and adjustments 5-1. Your bank is offering you an account that will pay 20% interest in total for a two-year deposit. Determine the equivalent discount rate for a period length of a. Six months. b. One year. c. One month. a. Since 6 months is [pic] of 2 years‚ using our rule [pic] So the equivalent 6 month rate is 4.66%. b. Since one year is half of 2 years [pic] So the equivalent 1 year rate is 9.54%. c. Since
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