Results 51 to 60 of about 378,121 (302)
Trade credit, international reserves and sovereign debt [PDF]
We present a unified model of sovereign debt, trade credit and international reserves. Our model shows that access to short-term trade credit and gross international reserves critically affect the outcome of sovereign debt renegotiations.
Kohlscheen, Emanuel +1 more
core
Housing as Asset‐Based Welfare in Australia: An Investigation Through a Consumption Lens
ABSTRACT Housing asset‐based welfare has long been a key component of Australia's social policy. This resonates with a parallel literature identifying a trade‐off between homeownership and the size of nations' welfare states, wherein owner‐occupiers in smaller welfare states tend to come to rely on housing wealth to meet many of their welfare needs ...
Gavin A. Wood +3 more
wiley +1 more source
ABSTRACT In Australia, governments fund Community Legal Centres (CLCs) as part of the legal assistance sector (LAS) to meet the ‘legal needs’ of people experiencing disadvantage who cannot afford private legal services. Persistent unmet demand for CLCs is well‐documented. As artificial intelligence (AI) is increasingly used in private legal practice to
Catherine Hastings +2 more
wiley +1 more source
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? and (3) How might debt be restructured to reduce these burdens?
Jonathan Eaton, Raquel Fernandez
openaire +2 more sources
A Seniority Arrangement for Sovereign Debt [PDF]
A sovereign’s inability to commit to a course of action regarding future borrowing and default behavior makes long-term debt costly (the problem of debt dilution). One mechanism to mitigate this problem is the inclusion of a seniority clause in debt contracts.
Chatterjee, Satyajit, Eyigungor, Burcu
openaire +2 more sources
Tracing the evolutionary history of the morpho‐anatomy of baculum in primates
Abstract Animal morphology reflects both evolutionary history and present‐day adaptation. Male mammal copulatory structures such as the baculum (penile bone) are ideal for studying these processes because of their complexity and high interspecific variability. In primates, however, research has focused mostly on baculum length.
Federica Spani +3 more
wiley +1 more source
Systemic Risk in the European Union: A Network Approach to Banks’ Sovereign Debt Exposures
This paper draws on network theory to investigate European banks’ sovereign debt exposures. Banks’ holdings of sovereign debt build a network of financial linkages with European countries that exhibits a long-tail distribution of node degrees.
Annika Westphal
doaj +1 more source
REFLECTIONS ON THE CONSEQUENCES AND RISKS OF AN ECONOMY’S INDEBTEDNESS [PDF]
The paper aims to present some risks and consequences of the indebtedness of an economy. The article is based on the results of a research project1 and it describes the negative effects of a high level of indebtedness of an economy, the elements that ...
Camelia MILEA
doaj
Sovereign debt and consumption smoothing [PDF]
Abstract This paper shows that whether or not a sovereign can borrow to smooth consumption depends both on how consumption smoothing is achieved, whether by contingent debt issuance or by contingent debt servicing, and on the penalty for debt repudiation.
Herschel I. Grossman, Taejoon Han
openaire +1 more source
Abstract Human dissection is a foundational component of medical education, yet it places students in profound ethical tension between scientific objectification and respect for human dignity. While prior studies have documented students' emotional responses, the structural transformation of their moral narratives over time, particularly within non ...
Jun‐Ki Lee +2 more
wiley +1 more source

