Results 141 to 150 of about 529,393 (264)
"Inside Public Debt: Ethical Arguments Against Default"
, 2016 The conference was organized jointly by the ECSPC, the Walter Eucken Institut and the Department of Law and Economics of Productive Activities. The conference was sponsored by Cassa Depositi e Prestiti and énosi.
Stefano Gorini +16 more
core
Exchange Rates and Sovereign Risk: A Nonlinear Approach Based on Local Gaussian Correlations
International Journal of Finance &Economics, EarlyView.ABSTRACT We empirically assess the interlinkages between sovereign risk, measured in terms of CDS spreads, and exchange rates for a sample of emerging markets. Our period of analysis includes episodes of severe stress, such as the Global Financial Crisis, the COVID‐19 pandemic, and the Ukrainian War.
Reinhold Heinlein +2 more
wiley +1 more source
Sustainability Incentives and Value Creation in Corporate Acquisitions
International Journal of Finance &Economics, EarlyView.ABSTRACT Using an extended international sample of domestic and cross‐border mergers and acquisitions (M&A), this paper provides the first comprehensive examination of the role of ESG‐linked executive compensation in the market for corporate control.
Athanasios Tsekeris
wiley +1 more source
What “Hides” Behind Sovereign Debt Ratings? [PDF]
In this paper we study the determinants of sovereign debt credit ratings using rating notations from the three main international rating agencies, for the period 1995-2005. We employ panel estimation and random effects ordered probit approaches to assess
António Afonso +2 more
core
Fiscal Cyclicality and Debt Sustainability: Evidence From Over a Century of Data
International Journal of Finance &Economics, EarlyView.ABSTRACT Using a historical fiscal dataset for a group of 11 economies over the period 1880–2022, we examine debt sustainability and fiscal policy cyclicality and assess the factors influencing fiscal behaviour. We find that positive and statistically significant responses of primary balances to debt emerge in specific historical episodes and ...
Christos Chrysanthakopoulos +2 more
wiley +1 more source
"Sustainability, Debt Management, and Public Debt Policy in Japan" [PDF]
The purpose of this paper is to analyze sustainability issues of Japan's fiscal policy and then to discuss the debt management policy using theoretical models and numerical studies.
Toshihiro Ihori +2 more
core +2 more sources
Asymmetric Shocks, Long-term Bonds and Sovereign Default [PDF]
We present a sovereign default model with asymmetric shocks and long-term bonds, and solve the model using discrete state dynamic programming. As result, our model matches the Argentinean economy over period 1993Q1-2001Q4 quite well.
Zhu, Junjun, Xie, Shiyu
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The Influence of Climate Initiatives on Capital Structure: The Green Halo Effect
International Journal of Finance &Economics, EarlyView.ABSTRACT This paper examines the impact of participation in three climate initiatives—Science Based Targets initiative (SBTi), Carbon Disclosure Project (CDP) and Net Zero Banking Alliance (NZBA)—on the capital structure of financial institutions.
Daniel Ramos‐García +2 more
wiley +1 more source
Financing a Private Practice: A Practical Framework for Plastic Surgeons. [PDF]
Plast Reconstr Surg Glob OpenMosca N +6 more
europepmc +1 more source
Volatility and the Debt-Intolerance Paradox [PDF]
A striking feature of sovereign lending is that many countries with moderate debtto-income ratios systematically face higher spreads and more stringent borrowing constraints than other countries with far higher debt ratios.
Luis Catão, Sandeep Kapur
core