Results 81 to 90 of about 378,121 (302)
Sovereign Debt Exposure of European Less Significant Banks: Too Small to be Bailed
Revista Galega de Economía, 2022 This paper studies the determinants of the sovereign debt portfolios of small European banks. We cover the time frame from 2010 to 2017, including the peak of the European debt crisis. Our analysis focuses on Less Significant Institutions (LSI), a group
doaj
Government debt and sovereign credit ratings: Nonlinear evidence from emerging economies
Borsa Istanbul ReviewThis paper investigates the nonlinear relationship between government debt and sovereign credit ratings in emerging economies. Using annual data for 36 emerging economies from 2002 to 2020, we estimate fixed-effects and semiparametric panel models that ...
Deniz Baglan, Darien Kearney
doaj +1 more source
Funding Costs and Liquidity Creation: Does ESG Play Any Role?
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how banks' funding costs affect liquidity creation and whether environmental, social, and governance (ESG) performance shapes this relationship. Using panel data for 136 U.S. commercial banks from 2005 to 2022, we show that higher funding costs are associated with lower liquidity creation, indicating that more expensive ...
Sattam Bin Kowibeen +2 more
wiley +1 more source
Banking Union with a Sovereign Virus. The self-serving regulatory treatment of sovereign debt in the euro area. CEPS Policy Brief No. 289, 27 March 2013 [PDF]
, 2013 In many eurozone countries, domestic banks often hold more than 20% of domestic public debt, which is an unsatisfactory situation given that banks are highly leveraged and that sovereign debt is inherently subject to default risk within the euro area ...
Gros, Daniel.
core
Domestic vs. external sovereign debt servicing: an empirical analysis [PDF]
, 2009 This paper analyzes the incidence of domestic and external debt crises for a sample of 53 emerging economies between 1980 and 2005. Even though there is substantial time variation in the default rates during the period, sovereign default rates for ...
Emanuel Kohlscheen, Kohlscheen, Emanuel
core +1 more source
Informal creditors and sovereign debt restructuring. [PDF]
Indian Econ Rev, 2023 Ghosal S, Thomas D.
europepmc +1 more source
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines the determinants of firms' propensity to adopt green buildings in the Euro Stoxx 300 and the S&P 500 indices, during 2012–2023. Using random forest binary classifiers, we assess the relative importance of financial, sectoral, geographic, and climate governance predictors and uncover nonlinear relationships often overlooked ...
María del Carmen Valls Martínez +3 more
wiley +1 more source
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.
O’Connell, S. A., Kohlscheen, E.
core
Co-ordination failure, moral hazard and sovereign bankruptcy procedures [PDF]
, 2002 We study a model of sovereign debt crisis that combines problems of creditor co-ordination and debtor moral hazard. Solving the sovereign debtor’s incentives leads to excessive ‘rollover failure’ by creditors when sovereign default occurs. We discuss how
Miller, Marcus +5 more
core +1 more source
Abstract Geoeconomic shocks in the 1970s, including oil price hikes and declining commodity prices, drove many countries to unsustainable debt levels by the early 1980s. While the established global norm then was that debtors should pay back their creditors, high levels of debt threatened the stability of the global economy.
James Thuo Gathii, Harrison Otieno Mbori
+5 more sources