Did schools which did extremely well in the Forbes/CCAP rankings compared with the USNWR assessment get their high ranks because of one or two extra entries in Who's Who or in nationally competitive awards, or because of extreme sensitivity in the student debt variable?
The lagged debt variable appears negative in all specifications, and significant in some (columns 2, 6 and 10).
We use the lagged debt variable because current-year debt may be resulting from medical expenditures, which would confuse the interpretation of coefficients.
In this study, we introduced an indirect measurement on income level with availability of food for subsistence, and measured financial burden caused by services utilization with medical debt, these variables should need more academic discussion.
Much of its debt carries variable interest rates, so it will be helped by recent cuts in rates.
When the Fed cut short-term interest rates in January, the first to follow its lead was the interest-rate swaps market, where investors exchange fixed-rate debt for variable-rate debt.
And a growing portion of that debt is variable rate, meaning that the city's costs could rise as the market fluctuates.
The risks that banks would have taken on under the old system — when banks made loans and profited only as they were paid back — had been transferred through a bewildering wilderness of options, swaps, swaptions, specialized investment vehicles, collateralized debt obligations, variable interest entities and who knows how many other instruments.
Back in 2001, Fuller helped the hospital swap a portion of $150 million worth of newly issued fixed-rate debt into variable debt.
Furthermore, it may even increase all the debt at variable interest rates, because one of the consequences of a devaluation will certainly be an interest-rate hike.
One report issued yesterday by The Center For American Progress, a Democratic-leaning think tank in Washington, says that a growing share of household debt is variable interest rate debt, such as adjustable rate mortgages and credit card debt.
