Results 11 to 20 of about 173,040 (300)
, 1995 We review the literature on sovereign debt. We organize our survey around three central questions: (1) Why do sovereign debtors ever repay their debts? (2) What burdens, in the form of distortions and inefficiencies, does sovereign debt impose?
Jonathan Eaton, Raquel Fernandez
core +5 more sources
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
doaj +2 more sources
Economic Synopses, 2010 All five peripheral EU countries face burdensome public debt and budget deficits, but the causes for uncertainty in each country?s situation differ.Debts, Public ; Budget ...
Silvio Contessi
core +3 more sources
Sovereign debt, volatility, and insurance [PDF]
Federal Reserve Bank of San Francisco, Working Paper Series, 2004 External debt increases the vulnerability of indebted emerging market economies to macroeconomic volatility and financial crises. Capital account reversals often lead sovereign debt repayment crises that are only resolved after prolonged and difficult ...
Kenneth Kletzer
core +9 more sources
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
doaj +1 more source
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
openaire +3 more sources
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source
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
doaj +1 more source