From the perspective of financial stability provision ICPF
have a lower level of liquidity risk due to long-term schemes and specific design of contracts.
Although the Discussion Paper does not present policy conclusions, an implication of this work is that policymakers should consider the aggregate impact of regulatory and ICPF industry trends on financial stability and the macroeconomy, the Bank said.
Life insurance companies and pension funds (ICPFs) are said to be important financial intermediaries as they manage the long-term savings of individuals and provide investment to the real economy.
Since ICPF and PCPF  are two computationally efficient algorithms for parameter estimation of frequency rate, we compare the computational cost of the proposed iterative algorithm with that of PCPF and ICPF  and list the results in Table 1 where M is the number of samples in the transformation domain of ICPF that helps to locate the peak and is usually taken as larger than N .
It is also noted that both PCPF and ICPF can deal with multicomponent Chirp signal model.
Table 7: Sectoral Valuation Effects 2008 2009 2010 2008-2010 TOTAL -14.4 -45.7 -69.2 -129.4 MFI 42.7 -14.3 -17.0 11.5 OFI -27.9 -20.7 -52.5 -101.1 ICPF
6.3 5.3 -4.1 7.5 NFC 10.7 -33.0 -8.3 -30.6 HH -37.7 15.9 -1.7 -23.5 GG -8.5 1.0 14.3 6.8 ROW 14.4 46.5 69.3 130.2 from IIP -83.2 -30.2 36.2 -77.2 MFI: monetary financial institutions; OFI: other financial intermediaries; ICPF
: insurance corporations and pension funds; NFC: non-financial corporations; HH: Households; GG: general government; ROW: rest of world.
But, despite the All Blacks suffering their earliest exit ever from a World Cup, Henry has stayed silent, earning him the Pierre de Coubertin Trophy for 2007 from the International Committee for Fair Play (ICPF
Assets of financial intermediaries As per cent of total financial assets, 2004 Belgium 15% SMC 60% MFI 14% OFI 12% ICPF
United States 17% SMC 23% MFI 36% OFI 24% ICPF
France 21% SMC 49% MFI 14% OFI 16% ICPF
Germany 11% SMC 64% MFI 10% OFI 15% ICPF
Note: MFI: Monetary financial institutions.