### Table 14 Disposition and Sale of KAMCO apos;s Assets

2000

"... In PAGE 37: ...4 trillion. As shown in Table14 , KAMCO has already made some progress in disposing and selling acquired NPLs. The most successful recoveries have come from (a) international sales, (b) foreclosure auctions, and (c) collections.... ..."

### Table 1 Nonperforming Loan Ratios and Fiscal Costs of Restructuring in the Asia-5 Economies, 1997-99 (percent)

"... In PAGE 9: ... Domestic private demand, while increasing, was unable to pick up all the slack left by a slowdown in exports. There appears to be little scope for public consumption to expand in many of the economies (Indonesia, Philippines and Thailand) because of the rising debt burden which followed the socialisation of financial sector losses and the implications that this has had for the public finances ( Table1 ). At the same time as there has been a recovery in output; inflation has been kept under control, ensuring that real exchange rates have not appreciated.... In PAGE 11: ...) An asset management company was also set up centrally but only as a buyer or bidder of last resort for the lowest quality assets in order to prevent a fire sale of assets of the 56 closed finance companies. Referring to Table1 again, all the economies have made some headway in reducing nonperforming loans (NPLs). NPL ratios for commercial banks in Korea and Malaysia have fallen to less than 10 percent, due in part to rapid economic recovery (i.... ..."

### Tablevaluesare industry-adjustedmtians for IPOfms in 1983and 1988. Medianindustry-adjustedsalesis the mediandifferencebetweenfm salesand themediansalesfor fms in itsindustryas a percentof median sales for fires in itsindustty. Medianindustry-adjustedoperatingincomeratiosare themediandifference betweenthe fim valueand the medianvaluefor fms initsindustry.Operatingincomeis operatingincome amp;fore deprmiation,as definedon COMPUSTATresearchtapes.Years1-5representcalendaryears1984-1988 forthe 1983I.POfins, and calendaryears 1989-1993fortie 1988IPO fins. Yearvaluesare b=ed on fms

1995

### Table2b The Effect of Monetary Policy on Investment: Robustness Investment normalized by fixed assets Investment normalized by sales Investment in

2002

"... In PAGE 16: ...investment to lagged fixed assets, It / Kt-1, where I denotes investment in fixed assets (the first and second columns of Table2 a) or in inventories (the third and fourth columns). We include several right-hand variables.... In PAGE 16: ...35 The right-hand variables are lagged because investment decisions typically take time to mature and are often implemented with delay. In the regressions displayed in Table2 a, we use the weighted average (across banks) of the interest rate on non-indexed overdraft credit to businesses as a measure of monetary policy. We include the interest rate as a stand-alone regressor, and interacted with other variables.... In PAGE 17: ... The impact of the lagged interest rate on investment is substantial. Consider, for example, the regression displayed in the second column of Table2 a where Export share is not log-transformed. The coefficient on R(-1) indicates that for a firm that does not export ( Export share(-1) = 0), an increase of one percentage point in the interest rate on short-term credit (other things equal) reduces the ratio of investment to fixed assets by 1.... In PAGE 18: ...-1.4 plus 0.23*1.13), namely, the offsetting effect due to export intensity is about 20 percent. For investment in inventories (the fourth column of Table2 a), the order of magnitude of these coefficients is similar. A similar calculation can be performed for regressions where Export share is log-transformed yielding an offsetting effect which is on the same order of magnitude.... In PAGE 19: ...39 The magnitude of the coefficient on q is interpreted as follows. Consider the first column of Table2 a. If q increases by 1 (from the sample mean of 1.... In PAGE 19: ... As mentioned, these firms exhibit higher than average export intensity so this result is not surprising. Since dually listed firms are special in many respects, we removed them from the sample and repeated the regressions in Table2 a obtaining virtually identical results. We do not pursue this issue further.... In PAGE 20: ...Robustness Table2 b displays similar regressions with the dependent variable (investment) normalized by lagged sales income rather than by fixed assets. In columns numbered (1) we use a weighted average (across banks) of the interest rate on non-indexed overdraft credit to businesses as a measure of the short-term interest rate.... In PAGE 20: ... We display specifications where the variables liquidity, leverage, and Govshare are included as stand-alone regressors and where they are interacted with R(-1). The results are similar to those in Table2 a. In particular, the coefficient on R(-1) is negative in all the columns, and significant in most, while the coefficient on R(-1) *Export share(-1) is positive and significant in all the columns.... In PAGE 20: ... It is evident from these additional regressions that the real investment of export-intensive firms is affected much less by domestic monetary policy, but pinning down the exact magnitude is difficult. In Table2 c we perform similar regressions using the nominal interest rate and inflation expectations as separate regressors. The results are overall similar and in columns headed by (1), the coefficients on the nominal interest rate and on inflation expectations are virtually equal, suggesting that merging these variables into a single variable (the real interest rate) is roughly equivalent.... In PAGE 20: ... The results are overall similar and in columns headed by (1), the coefficients on the nominal interest rate and on inflation expectations are virtually equal, suggesting that merging these variables into a single variable (the real interest rate) is roughly equivalent. In Table2 d we perform similar regressions using GLS where the data are weighted by log-assets. (We do not further correct the residuals for heteroskedasticity.... In PAGE 24: ...more strongly on the investment of firms that have less access to foreign currency denominated credit. As an additional check, we performed the regressions of Table2 a controlling for GDP growth (see Table 5b) obtaining virtually identical results and an insignificant coefficient on GDP growth. We also used aggregate consumption growth as an alternative control for demand obtaining the same results (not shown).... ..."

### Table2b The Effect of Monetary Policy on Investment: Robustness Investment normalized by fixed assets Investment normalized by sales Investment in

2002

"... In PAGE 16: ...investment to lagged fixed assets, It / Kt-1, where I denotes investment in fixed assets (the first and second columns of Table2 a) or in inventories (the third and fourth columns). We include several right-hand variables.... In PAGE 16: ...35 The right-hand variables are lagged because investment decisions typically take time to mature and are often implemented with delay. In the regressions displayed in Table2 a, we use the weighted average (across banks) of the interest rate on non-indexed overdraft credit to businesses as a measure of monetary policy. We include the interest rate as a stand-alone regressor, and interacted with other variables.... In PAGE 17: ... The impact of the lagged interest rate on investment is substantial. Consider, for example, the regression displayed in the second column of Table2 a where Export share is not log-transformed. The coefficient on R(-1) indicates that for a firm that does not export ( Export share(-1) = 0), an increase of one percentage point in the interest rate on short-term credit (other things equal) reduces the ratio of investment to fixed assets by 1.... In PAGE 18: ...-1.4 plus 0.23*1.13), namely, the offsetting effect due to export intensity is about 20 percent. For investment in inventories (the fourth column of Table2 a), the order of magnitude of these coefficients is similar. A similar calculation can be performed for regressions where Export share is log-transformed yielding an offsetting effect which is on the same order of magnitude.... In PAGE 19: ...39 The magnitude of the coefficient on q is interpreted as follows. Consider the first column of Table2 a. If q increases by 1 (from the sample mean of 1.... In PAGE 19: ... As mentioned, these firms exhibit higher than average export intensity so this result is not surprising. Since dually listed firms are special in many respects, we removed them from the sample and repeated the regressions in Table2 a obtaining virtually identical results. We do not pursue this issue further.... In PAGE 20: ...Robustness Table2 b displays similar regressions with the dependent variable (investment) normalized by lagged sales income rather than by fixed assets. In columns numbered (1) we use a weighted average (across banks) of the interest rate on non-indexed overdraft credit to businesses as a measure of the short-term interest rate.... In PAGE 20: ... We display specifications where the variables liquidity, leverage, and Govshare are included as stand-alone regressors and where they are interacted with R(-1). The results are similar to those in Table2 a. In particular, the coefficient on R(-1) is negative in all the columns, and significant in most, while the coefficient on R(-1) *Export share(-1) is positive and significant in all the columns.... In PAGE 20: ... It is evident from these additional regressions that the real investment of export-intensive firms is affected much less by domestic monetary policy, but pinning down the exact magnitude is difficult. In Table2 c we perform similar regressions using the nominal interest rate and inflation expectations as separate regressors. The results are overall similar and in columns headed by (1), the coefficients on the nominal interest rate and on inflation expectations are virtually equal, suggesting that merging these variables into a single variable (the real interest rate) is roughly equivalent.... In PAGE 20: ... The results are overall similar and in columns headed by (1), the coefficients on the nominal interest rate and on inflation expectations are virtually equal, suggesting that merging these variables into a single variable (the real interest rate) is roughly equivalent. In Table2 d we perform similar regressions using GLS where the data are weighted by log-assets. (We do not further correct the residuals for heteroskedasticity.... In PAGE 24: ...more strongly on the investment of firms that have less access to foreign currency denominated credit. As an additional check, we performed the regressions of Table2 a controlling for GDP growth (see Table 5b) obtaining virtually identical results and an insignificant coefficient on GDP growth. We also used aggregate consumption growth as an alternative control for demand obtaining the same results (not shown).... ..."

### Table 21. Value of Annual Sales (US$) by Firm Assets in Benin and MalawiA

2001

Cited by 1

### TABLE I Index Numbers of Total Assets, Sales and Added Value Panel Universes

### Tables 43 TABLE 7 Ratio of corporate assets to sales, by group and country of control, 1984 and 1988

1995

### Table 2: Information required for analysis of fire emergency

"... In PAGE 5: ... Such information helps first responders suggest response priorities and plan actions based on their evaluation of effective situational awareness common operat- ing picture data. Table2 classifies and lists analytic methods for our simulated agent and fire data in terms of personnel (agent) and environment categories. The most basic information is the location and movement of peo- ple and assets (see Figure 4 and Figure 5).... ..."

### Table 9: Sales and Wage Elasticities of the Demand for Liquid Assets (OLS) independent dependent variable: log (cash amp; short-term investments) variables

1997

"... In PAGE 39: ... The additions include holdings of government bonds, time deposits, and commercial paper. Table9 displays OLS estimates of the money demand equation (3) apos;, using the log of quot;cash and short-term investments quot; as the dependent variable. Only year effects and log sales are included as regressors in column 1; the sales elasticity for liquid assets (0.... In PAGE 40: ...i. for the years 1969-90 (5) year effects are estimated in every regression (6) N is the number of firm-year cells included in the regression (7) standard errors are displayed in parentheses It appears from Table9 that the wage and sales elasticities of the demand for the more broad... ..."