Results 181 to 190 of about 66,578 (384)
Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
wiley +1 more source
The international spill over effect of American economy on China's macro-economy based on MCMC-Gibbs sampling algorithm. [PDF]
PLoS One, 2023 Hu J.
europepmc +1 more source
A Market for End-of-The-World Insurance? Credit Default Swaps on US Government Debt [PDF]
, 2012 Richard Squire
openalex
Price Calibration of basket default swap: Evidence from Japanese market [PDF]
The aim of this paper is the price calibration of basket default swap from Japanese market data. The value of this instruments depend on the number of factors including credit rating of the obligors in the basket, recovery rates, intensity of default ...
Fathi, Abid, Nader, Naifar
core +1 more source
Banks of a Feather: The Informational Advantage of Being Alike
Journal of Money, Credit and Banking, EarlyView.Abstract Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks' loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank markets.
PETER BEDNAREK +3 more
wiley +1 more source
Euro area sovereign bond risk premia before and during the Covid-19 pandemic. [PDF]
Eur Econ Rev, 2023 Corradin S, Schwaab B.
europepmc +1 more source
Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit-Default Swap Market
, 2005 Francis A. Longstaff +3 more
semanticscholar +1 more source
Models in Decision‐Making Under Risk and Uncertainty
Journal of Economic Surveys, EarlyView.ABSTRACT This paper systematically compares dominant frameworks for modeling decision‐making under risk and uncertainty, evaluating their theoretical trade‐offs and practical relevance for economic research. We establish key criteria for model selection—including predictive accuracy, descriptive realism, computational tractability, and ecological ...
Martin Höppner
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