Results 121 to 130 of about 169,229 (311)

Debt Restructuring [PDF]

open access: yes
What difference does it make, and for whom, whether the nonperforming debts of emerging market borrowers are restructured? This paper begins by positing a set of counterfactual conditions under which restructuring would not matter, and then shows how ...
Benjamin M. Friedman
core  

BEHIND THE FACES OF AESTHETICIZED URBANISM IN TUNXI, CHINA

open access: yesInternational Journal of Urban and Regional Research, EarlyView.
Abstract Urban policy in China has become increasingly predicated on securing an approved aesthetic that reflects ideological campaigns and political programmes. In highlighting the role of the aesthetic in Chinese urbanism, this article argues that the party‐state draws on an aesthetic palette that places the contemporary urban landscape in a ...
Yanpeng Jiang, Paul Waley, Asa Roast
wiley   +1 more source

IMPROVING THE STATE REGULATION METHODS OF DEBT CRISES

open access: yesСоціальна економіка
Debt crises pose significant challenges to national economies, often leading to severe economic downturns, social unrest and long-term developmental setbacks.
Kamoliddin Jabbarov
doaj   +1 more source

Insurance and the “Irrationalization” of Disaster Policy: A Political Crisis Theory for an Age of Climate Risk

open access: yesThe British Journal of Sociology, EarlyView.
ABSTRACT In the last several years, disaster insurance programs around the world have experienced disruptions that many observers interpret to be a primary symptom of “climate crisis” (Bittle 2024). Governments have responded to these disruptions through disjointed and at times contradictory measures: they treat disasters, alternately, as “Acts of God”
Stephen J. Collier
wiley   +1 more source

Credit derivatives in emerging markets [PDF]

open access: yes
Credit Derivatives are securities that offer protection against credit or default risk of bonds or loans. The credit derivatives emerging market has grown rapidly and credit derivatives are widely used.
Romain Rancière
core  

A Skeptic’s Case for Sovereign Bankruptcy [PDF]

open access: yes, 2013
This essay describes fundamental flaws in the sovereign debt restructuring regime, but questions the prevailing arguments for sovereign bankruptcy. The author concludes that efficient debt outcomes may well come about without bankruptcy, but that a ...
Gelpern, Anna
core   +1 more source

Family Work Among the Astors

open access: yesThe British Journal of Sociology, EarlyView.
ABSTRACT Within classical sociological accounts of capitalism, families are curious remnants of the past. Contemporary elite sociology dismisses the family in a different way: by primarily focusing on individual men. When the family does appear within elite studies, scholars frequently follow a stratification framework, which focuses on the ...
Shamus Khan, Max Besbris, Estela Diaz
wiley   +1 more source

How Stock Market Participants Use Generative Artificial Intelligence: Evidence from User‐Platform Interaction Data

open access: yesJournal of Accounting Research, EarlyView.
ABSTRACT This paper provides descriptive evidence on how stock market participants use Generative Artificial Intelligence (GenAI) to process investment‐related information. Using a data set of 1.7 million stock‐related queries from one of China's largest GenAI platforms during the first half of 2024, we document that user queries address a wide range ...
FRANK ECKER, XITONG LI, YILAN LI, FAN WU
wiley   +1 more source

A Decade of Debt [PDF]

open access: yes
This book presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the same time,
Carmen M. Reinhart, Kenneth S. Rogoff
core   +1 more source

Asset sale, debt restructuring, and liquidation [PDF]

open access: yes
This paper considers a dynamic model in which shareholders of a firm in distress have a choice of whether to proceed to debt restructuring or direct liquidation at an arbitrary time. In the model, we show the following results.
Nishihara, Michi, Shibata, Takashi
core   +1 more source

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