On the other side were Bernanke and the Fed staff, who argued that the job could be done simply by having the Fed change the composition and maybe size of its balance sheet, the strategy we've come to know as quantitative easing.
But I think we can use Ireland's measured current account balance as a rough guide, because the strategies corporations use to shift profits to Ireland should affect the composition of that balance but not its overall level.
Conducting planned growth scenarios allows management to assess the IRR impact of the projected change in volume and/or composition of the balance sheet.
He said, "Restoring the size and composition of the balance sheet to a more normal configuration is a longer-term objective of our policies".
That, of course, is precisely what is happening.Mr Stein also argues that even if QE only induces businesses to fiddle with the composition of their balance sheets, that has some benefit.
At the new Gedächtniskirche, in Berlin, Eiermann's strategy is not perfect reconstruction, nor replacement of old by new, nor polemical juxtaposition of broken and whole — but instead combines something of all of these approaches in a composition of paradoxical balance.
In short, window dressing is the process by which European banks dramatically shift the composition of their balance sheet at month end to appear safer, while moving back into riskier assets at other times.
We are monitoring the maturity composition of our balance sheet closely and do not expect a significant problem in reducing our balance sheet to the extent necessary at the appropriate time.
Dividing water year into wet and dry periods and using composition of groundwater balance and water table fluctuations to determine water balance and specific yield are a precise and proper method (Marechal et al. 2006).
A knack for noticing What also strikes me about his photograph is the composition, its symmetries and balance, its air of random fixation.
