Results 41 to 50 of about 173,040 (300)
Political Risk and Sovereign Debt Contracts [PDF]
, 2011 Default on sovereign debt is a form of political risk. Issuers and creditors have responded to this risk both by strengthening the terms in sovereign debt contracts that enable creditors to enforce their debts judicially and by creating terms that ...
Choi, Stephen J. +2 more
core +3 more sources
Restructuring Sovereign Debt After NML v. Argentina [PDF]
, 2006 The decade and a half of litigation that followed Argentina’s sovereign bond default in 2001 ended with a great disturbance in the Force. A new creditor weapon had been uncloaked: The prospect of a court injunction requiring the sovereign borrower to pay
Buchheit, Lee C., Gulati, G. Mitu
core +2 more sources
Voluntary sovereign debt exchanges [PDF]
Journal of Monetary Economics, 2014 We show that some recent sovereign debt restructurings were characterized by (i) the absence of missed debt payments prior to the restructurings, (ii) reductions in the government’s debt burden, and (iii) increases in the market value of debt claims for holders of the restructured debt.
Juan Carlos Hatchondo +2 more
openaire +1 more source
Public debt dynamics: the interaction with national income and fiscal policy
Journal of Economic Structures, 2021 The 2008 financial crisis triggered the debt crisis in Europe. High debt-to-GDP ratios made it impossible for some countries to apply countercyclical policy in order to overcome the recession.
Vasileios Spyrakis, Stelios Kotsios
doaj +1 more source
Debt Seniority and Sovereign Debt Crises [PDF]
IMF Working Papers, 2018 Is the seniority structure of sovereign debt neutral for a government’s decision between defaulting and raising surpluses? In this paper, we address this question using a model of debt crises where a discretionary government endogenously chooses distortionary taxation and whether to apply an optimal haircut to bondholders. We show that when the size of
Ari, A., Corsetti, G., Dedola, L.
openaire +5 more sources
Agribusiness, EarlyView.Abstract This study examines producer participation choices considering a variety of potential benefits linked to state‐sponsored marketing programs, using a real choice dataset of farmers in Missouri. Multinomial logit models are employed to predict determinants of farmer enrollment in three tiers of the Missouri Grown local food marketing program ...
Lan Tran, Ye Su, Laura McCann
wiley +1 more source
Sovereign Debt Restructuring and English Governing Law [PDF]
, 2017 The problem of sovereign indebtedness is becoming a worldwide crisis because nations, unlike individuals and corporations, lack access to bankruptcy laws to restructure unsustainable debt.
Schwarcz, Steven L.
core +2 more sources
Financial Data Transparency, International Institutions, and Sovereign Borrowing Costs [PDF]
, 2018 Recent events in international finance illustrate the close connection between the viability of a country's major private financial institutions and the sustainability of its sovereign debt.
Abbas +63 more
core +1 more source
Agribusiness, EarlyView.ABSTRACT This study investigates the financial literacy (FL) of Swedish farmers, its linkages to farmer characteristics, management accounting practices and farm outcomes by surveying Swedish Farm Accountancy Data Network farmers. Using item response theory, we expand the existing FL measurement specifically to the farming context, assess measurement ...
Uliana Gottlieb, Helena Hansson
wiley +1 more source
Sovereign debt crisis management by the European Central Bank [PDF]
Revista de Studii Financiare, 2020 Following the bursting of the real estate crisis of 2007 and the financial crisis of 2008, the European Union faced another difficult situation, namely the sovereign debt crisis, when the euro was put to the test.
Ioana Manuela Mîndrican
doaj