Results 11 to 20 of about 2,714 (255)
Modelling sovereign credit ratings and assessing the impartiality: A case study of China. [PDF]
PLoS ONE, 2023 The post-COVID-19 era presents a looming threat of global debt, elevating concerns regarding sovereign credit ratings worldwide. This study develops a new index system, divides the rating variables into long- and short-term factors, performs rating ...
Min Su
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Path Dependence in Sovereign Debt Modelling: System Dynamics Approach
Наукові записки НаУКМА: Економічні науки, 2021 The article offers a system dynamic modelling of sovereign debt using the path dependence concept. Using simulation modelling we are trying to find a fixed point in a motion of national sovereign debt towards its equilibrium and to change the existing ...
Hennadiy Hryhoriev
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Annual Review of Financial Economics, 2023 We review the state of the sovereign debt literature and point out that the canonical model of sovereign debt cannot be easily reconciled with several facts about sovereign debt pricing and servicing. We identify and classify more than 20 puzzles. Some are well-known and documented, others are less so and are sometimes based on anecdotal evidence.
Bolton, P, Gulati, M, Panizza, U
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Humanities & Social Sciences Communications, 2023 This article addresses the historical evolution of sovereign debt trajectories since the beginning of the euro area up to the corresponding sovereign debt crisis, using certain key economic concepts previously proposed by the literature in connection to ...
Diptes C. P. Bhimjee
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Determinants of Complexity of Sovereign Debt Negotiation [PDF]
Journal of Economics and Management, 2016 The situation on all kinds of financial markets is determined by their increasing complexity. Negotiation of sovereign debt is also a complex endeavor.
Lidia Mesjasz, Czesław Mesjasz
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What drives sovereign debt maturity in European countries? [PDF]
Panoeconomicus, 2018 The aim of this paper is to study the determinants of sovereign debt maturity for 23 European countries during the period between 1995 and 2013. For this purpose, we use quantile regressions with robust standard errors clustered by countries to consider ...
González-Fernández Marcos +1 more
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A case for the introduction of numerical fiscal rules in the Serbian Constitution [PDF]
Ekonomski Anali, 2017 The recommendation of numerical fiscal rules in Serbia, presented in this paper, is based on the inherent bias of fiscal policy towards expenditure, and consequently continuous fiscal deficit and excessive sovereign debt.
Begović Boris +2 more
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Sovereign debt and growth in Zambia: determining the tipping point
Social Sciences and Humanities Open, 2021 From the mid-1980s to mid-2000s, Zambia was in egregious debt distress, which resulted in debt relief under the HIPC initiative and MDRI in 2005. Surprisingly, Zambia's debt-to-GDP ratio has increased astronomically from about 22 percent in 2011 to 56 ...
Sydney Chikalipah
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Cogent Economics & Finance, 2020 While a decline in the market value of sovereign assets (below a benchmark level of liabilities) can trigger sovereign distress/default risk, volatility in sovereign assets can increase the risk premium on domestic debt and credit spread on external debt.
Devendra Kumar Jain +2 more
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Exchange-traded funds of the eurozone sovereign debt [PDF]
Ekonomski Anali, 2010 Periods of high uncertainty bring liquidity concerns to the forefront for sovereign bond investors. Arguably the most liquid and cost-effective way for retail and small institutional investors to gain diversified sovereign bond exposure is through an ...
Drenovak Mikica, Urošević Branko
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