Results 1 to 10 of about 195,173 (169)
Measuring Default Risk Premia from Default Swap Rates and EDFs [PDF]
SSRN Electronic Journal, 2004 This paper estimates the degree of variation over time in the price for bearing exposure to U.S. corporate default risk during 2000-2004, based on the relationship between default probabilities, as estimated by Moody’s KMV EDFs, and default swap (CDS) market rates.
Antje Berndt +4 more
openaire +2 more sources
A Well-Designed Implement for Promoting Population Health and Property via Insurance
Frontiers in Public Health, 2022 The frequency and intensity of catastrophes (including natural disasters and pandemics) rise and damage the population's health, life and property more seriously.
Zhengqiao Liu +4 more
doaj +1 more source
Collateral-Enhanced Default Risk [PDF]
SSRN Electronic Journal, 2013 12 pages; 5 ...
Chris Kenyon, Andrew Green
openaire +3 more sources
PENGARUH PENERBITAN DAN PENEBUSAN OBLIGASI TERHADAP KOEFISIEN RESPON LABA
Akuntansi Dewantara, 2018 Penelitian ini bertujuan menganalisis pengaruh penerbitan dan penebusan obligasi sebagai proksi dari default risk terhadap koefisien respon laba.
indarti diah palupi
doaj +1 more source
Default risk and risk averse international investors [PDF]
Journal of International Economics, 2013 Abstract This paper develops an endogenous default risk model for small open economies that interact with risk averse international investors whose preferences exhibit decreasing absolute risk aversion (DARA). By incorporating risk averse investors who trade with an emerging economy, the present model explains a larger proportion and volatility of ...
openaire +3 more sources
Natural disasters and corporate default risk
International Review of Economics & FinanceWe investigate how exposure to natural disaster intensity impacts a firm's default risk. Analyzing data from 3753 disaster affected U.S. companies between 1994 and 2017, we find that firms located in areas with higher disaster intensity face increased ...
Hasibul Chowdhury +3 more
doaj +1 more source
Default Risk and Momentum Effect; Some Evidence from Tehran Stock Exchange [PDF]
Iranian Journal of Finance, 1999 The purpose of this paper is to analyze the relationship between default risk and momentum effect using data from companies listed on Tehran Stock Exchange.To calculate default risk,we used Black-Scholes-Merton (BSM) option pricing model.
Maysam Ahmadvand +2 more
doaj +1 more source
Validate Scoring of Legal Borrowers in Banks (Using Logit and Probit Models) [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2012 Defaulted loans are biggest challenges in Iranian bank system. One of the major reasons for this phenomenon is the lack of validate scoring systems for loan payment in the banks.
Reza Raei, Aboozar Soroush
doaj
S-based taxation under default risk [PDF]
Journal of Public Economics, 2005 Abstract This article studies the characteristics of a S-based tax system under default risk. In particular we show that its neutrality properties depend on whether debt is protected or unprotected. In the former case, this system is neutral. In the latter case, where default timing is optimally chosen by shareholders, the S-based system is neutral ...
openaire +4 more sources
Estimating Sovereign Default Risk [PDF]
American Economic Review, 2012 This paper uses Bayesian methods to estimate the sovereign default probability for Greece and Italy in the post-EMU period. We build a real business cycle model that allows for interactions among fiscal policy instruments, sovereign default risk, and a “fiscal limit,” which measures the maximum level of debt the government is willing to finance.
Huixin Bi, Nora Traum
openaire +2 more sources