在线等英语论文翻译,谢绝使用翻译器的Asmeasuresofgeneraleconomicactivityineachofthestates,weusedtotalpersonalincomedatafromtheU.S.DepartmentofCommerce(1994)andtheunemploymentratefromtheU.S.DepartmentofL

　　在线等英语论文翻译,谢绝使用翻译器的

　　Asmeasuresofgeneraleconomicactivityineachofthestates,weusedtotalpersonalincomedatafromtheU.S.DepartmentofCommerce(1994)andtheunemploymentratefromtheU.S.DepartmentofLabor(1981–93).Asourestimateofpopulationgrowthbystate,weusedthepercentagechangeinthenumberofmidyearresidents,dataforwhichcamefromtheU.S.BureauoftheCensus

　　RealEstateMarketConditions

　　Thereturnoncommercialrealestatewascalculatedasthetotalreturn(incomepluscapitalgain),inpercentagepoints,oncommercialrealestateasmeasuredbytheNationalCouncilofRealEstateInvestmentFiduciaries(1992).Thesedatawereavailableforeightmultistateregions.Eachstatewasassignedthereturnreportedforitsregion.

　　ThegrowthratesofhousepricesbystatewerecalculatedasthepercentagechangesinNAR’smediansalespricesofexistingsingle-familyhomesinmetropolitanareas,whicharepublishedinExistingHomeSales(NAR1981–93).Pricesformetropolitanareaswereaggregatedtoformstatewidepricesbytakinganunweightedaverageofthedataforthecitiesineachstate.StatesthathadnocityintheNARdatabasewereassignedthemedianpriceinaneconomicallysimilar,typicallyneighboring,state.

　　CommercialBankConditions

　　Ourestimatesofbanks’capitalshortfallsandsurpluseswerebasedonCallReportdata.Wecalculatedthecapitalpressureoneachbankasthedifferencebetweenthebank’sactual(reported)tier1capitalandatargetleveloftier1capitalforthebank.Determiningabank’scapitaltargetforeachyearwasproblematicbecausethedefinitionofcapitalonwhichregulatorsfocusedchangedovertime,theminimumcapitalratiosthatregulatorsimposedchangedovertime,andbanksoftenwerenottoldpreciselywhattheirminimumrequiredcapitalratiowas.