Valuation of Defaultable Bonds and Debt Restructuring [PDF]
In this paper we develop a contingent valuation model for zero-coupon bonds with default. In order to emphasize the role of maturity time and place of the lender’s claim in the hierarchy of debt of a firm, we consider a firm that issues two bonds with ...
Ariadna Dumitrescu
core
Urban Housing Markets and Sustainability Risk: Empirical Evidence From South African Cities
ABSTRACT Despite the global shift toward sustainability and rising expectations for socially and environmentally responsible housing, evidence from South Africa's urban markets remains limited and underexplored. This study examines how sustainability‐related vulnerabilities shape downside housing risk across 60 cities between 2002 and 2021.
Bereket A. Ataro +2 more
wiley +1 more source
Green credit risk assessment and prediction in China's construction industry: based on the optuna-catboost model. [PDF]
Qin Z, Meng M, Li D, Li J.
europepmc +1 more source
The Carbon Trap: Fragmentation, Accounting Hegemony, and Justice in Global Carbon Governance
ABSTRACT Carbon accounting is increasingly treated as the technical foundation of global climate action, yet the rules through which emissions are measured, converted, attributed, and disclosed remain fragmented across national inventories, corporate reporting standards, supply‐chain boundaries, and trade‐related policy instruments.
Jilong Pan, Haoxuan Yu
wiley +1 more source
Assessing the investment risk: An empirical analysis of Altman's Z-score model. [PDF]
Ahmed KA, Fatima A, Sohail F, Jamal K.
europepmc +1 more source
Sustainability‐Related Credit Risk: A Scientometric Mapping and Research Agenda
ABSTRACT Sustainability‐related credit‐risk research has grown rapidly as environmental, social, and governance (ESG), climate, and transition exposures increasingly affect credit pricing, default risk, and supervisory practice, positioning credit markets as key transmission channels for achieving the Sustainable Development Goals (SDGs), particularly ...
Imen Jellouli, Sana Jellouli
wiley +1 more source
Financing the transition: a roadmap for sustaining disease control in low- and middle-income countries after the 2025 contraction in development assistance for health. [PDF]
Sriram S.
europepmc +1 more source
Public debt sustainability and EMU : theory and some evidence [PDF]
The thesis focuses on the interaction between default and inflation risk on public debt bonds. We lighten the trade-off between flexibility to adverse shocks and credibility, in the debt management field, and identify the conditions under which the ...
Valli, Silvia
core
Rainchecks and Risk: Climate Shocks, Policy Transitions and SME Credit Dynamics
ABSTRACT Small and medium enterprises rely heavily on bank credit. They also have the fewest tools to deal with climate risk. Using a panel of 45 countries from 2007 to 2022, we study how climate risk and the Paris Agreement shape SME bank lending. Climate‐related disasters are associated with lower SME credit, with post‐event estimates indicating a ...
Swapnanil SenGupta, Anshita Sachan
wiley +1 more source
Moral Economies of Debt Forgiveness and Enforcement in Postcrisis Iceland
ABSTRACT Who deserves financial relief in times of crisis, and on what grounds? The 2008 collapse of Iceland's banking system prompted state intervention to mitigate household indebtedness, including forbearance, pension withdrawals, repayment adjustments, and debt reductions.
Timothy Heffernan
wiley +1 more source

