China inside out: Explaining silver flows in the triangular trade, c. 1820s‒70s
Abstract This paper analyses a new large dataset of silver prices, as well as silver and merchandise trade flows in and out of China in the crucial decades of the mid‐nineteenth century when the Empire was opened to world trade. Silver flows were associated with the interaction between heterogeneous monetary preferences and availability of specific ...
Alejandra Irigoin +2 more
wiley +1 more source
Market conditions, default risk and credit spreads [PDF]
This study empirically examine the impact of market conditions on credit spreads as motivated by recently developed structural credit risk models. Using credit default swap (CDS) spreads, we find that, in the time series, average credit spreads are ...
Tang, Dragon Yongjun, Yan, Hong
core
The status of thegn in late Anglo‐Saxon England
This article considers how the term ‘thegn’ was used in tenth‐ and eleventh‐century England. Although commonly thought to indicate members of a face‐to‐face service aristocracy with specific attributes, it has resisted close definition. Examination of references to anonymous thegns in administrative and legal texts suggests that the people meant were ...
Richard Purkiss
wiley +1 more source
Synthetic securitization in the accounting: the peculiarities and the national experienc
In the dynamic development of the financial market and the economy as a whole is one of the Securitisation innovative tools to attract additional funding, increased liquidity, diversification of assets and minimize risks in financial markets.
O.P. Driga
doaj
The international spill over effect of American economy on China's macro-economy based on MCMC-Gibbs sampling algorithm. [PDF]
Hu J.
europepmc +1 more source
A Unified Framework for Pricing Credit and Equity Derivatives
We propose a model which can be jointly calibrated to the corporate bond term structure and equity option volatility surface of the same company. Our purpose is to obtain explicit bond and equity option pricing formulas that can be calibrated to find a ...
Bayraktar, Erhan, Yang, Bo
core +1 more source
Resource Saving and Environmental Benefits From Cooking With Natural Fiber Handcrafted Boxes
Cooking meals in handcrafted boxes is commonly perceived as a more sustainable option than using hobs. This paper conducts a Life Cycle Assessment (LCA) that substantiates this assumption, quantitatively demonstrating that meal preparation without the box can lead to significantly higher overall environmental impacts.
Benedetto Rugani +2 more
wiley +1 more source
Investigating the determinants of corporate bond credit spreads in the euro area
Letta S, Mirante P.
europepmc +1 more source
Credit derivatives: an overview [PDF]
Arising from financial institutions' need to hedge and diversify credit risk, credit derivatives have now become a major investment tool. Almost all credit derivatives take the form of the credit default swap, which transfers default risk from one party ...
David Mengle
core
Balancing Digital Transformation and Modernization: Pathways for Public Managers
ABSTRACT This study examines the interplay between digital modernization and transformation in the public sector, challenging the notion that they are mutually exclusive strategies. Through interviews with public sector leaders, we find that modernization and transformation can be jointly implemented rather than managed as competing efforts.
Marc E. B. Picavet +4 more
wiley +1 more source

