Results 221 to 230 of about 2,714 (255)
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Journal of International Economics, 2017
Abstract This paper develops a theory of sovereign borrowing, where the interaction between the asymmetry of information and the lack of commitment for repayment leads to a novel signaling motive for the issuance of sovereign debt. If the government is more informed than foreign investors about a fundamental of the domestic economy, then debt ...
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Abstract This paper develops a theory of sovereign borrowing, where the interaction between the asymmetry of information and the lack of commitment for repayment leads to a novel signaling motive for the issuance of sovereign debt. If the government is more informed than foreign investors about a fundamental of the domestic economy, then debt ...
openaire +1 more source
American Economic Review, 2003
Since the early 1980's, patterns of emergingmarket finance have changed significantly. Greater integration of capital markets and a trend toward a greater use of direct lending through bonds has led to relatively decreased use of indirect finance through syndicated bank loans.
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Since the early 1980's, patterns of emergingmarket finance have changed significantly. Greater integration of capital markets and a trend toward a greater use of direct lending through bonds has led to relatively decreased use of indirect finance through syndicated bank loans.
openaire +2 more sources
The cost of debt of renewable and non-renewable energy firms
Nature Energy, 2021Karol Kempa +2 more
exaly
ESG practices and the cost of debt: Evidence from EU countries
Critical Perspectives on Accounting, 2021Yasser Eliwa, Ahmed Aboud, Ahmed Saleh
exaly
The rise of digital finance: Financial inclusion or debt trap?
Finance Research Letters, 2022Pengpeng Yue, Aslihan Gizem Korkmaz
exaly