Results 31 to 40 of about 325,613 (161)
SDÜ Vizyoner Dergisi, 2020 In this study global and national variables that affect the sovereign Credit Default Swaps (CDS) spreads for Turkey are examined. The study utilises monthly time-series data, spanning from August of 2009 to September 2018.
Çiğdem Kurt Cihangir
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Credit crunch: Chinese infrastructure lending and Lao sovereign debt
Asia & the Pacific Policy Studies, 2021 Lao PDR's push for large infrastructure‐led economic growth has been delivered through a significant amount of financial leverage and a build‐up of sovereign debt obligations. The government now finds itself in danger of a sovereign default. This article
Keith Barney, Kanya Souksakoun
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Properly pricing country risk: a model for pricing long-term fundamental risk applied to central and eastern European countries [PDF]
Financial Theory and Practice, 2010 The private sector has used proxies such as sovereign credit ratings, spreads on sovereign bonds and spreads on sovereign credit default swaps (CDS) to gauge country risk, even though these measures are pricing the risk of default of government bonds ...
Debora Revoltella +2 more
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DRIVERS OF ILLIQUIDITY IN THE ASEAN SOVEREIGN BOND MARKET
Buletin Ekonomi Moneter dan Perbankan, 2020 We study illiquidity in ASEAN-5 sovereign bond markets from 2008 to 2019 by using an illiquidity measure, which is based on a proxy of the amount of arbitrage capital available in sovereign bond markets.
Harald Kinateder +2 more
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Revista de Métodos Cuantitativos para la Economía y la Empresa, 2020 This article presents an analysis of the possible relationship between the spreads of sovereign bonds and the premia of credit default swaps (CDS) to determine whether they are useful tools for the measurement of the sovereign risk either separately or ...
Téllez Valle, Cecilia +3 more
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A simple model of multiple equilibria and default. CEPS Working Document No. 366, 16 July 2012 [PDF]
, 2012 This Working Document by Daniel Gros presents a simple model that incorporates two types of sovereign default cost: first, a lump-sum cost due to the fact that the country does not service its debt fully and is recognised as being in default status, by ...
Gros, Daniel.
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Sovereign default risk and depositor behavior
Revista de Economía Política de Buenos Aires, 2014 This paper studies the effect of the Greek macroeconomic crisis on depositors’ behavior. It tests the main hypothesis during that period depositors react more to sovereign risk than to the idiosyncratic indicators of bank health. Using a quarterly panel
Julieta Picorelli
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Default-risky Sovereign Debt [PDF]
Not only corporate but also sovereign debtors, in particular developing countries, may get into financial difficulties. Contrary to corporate issuers, they decide themselves if they continue to fulfill their debt obligations or convert their debt.
Andreas Wiggers
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Sovereign default risk with heterogenous borrowers [PDF]
We study a standard quantitative model of sovereign default in which the government in a small open economy (SMO) decides how much to save and whether to default on its debt.
Horacio Sapriza +2 more
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Emerging Markets Bond Index Performance and Sovereign Default: The Case of Ecuador [PDF]
This paper delves into the dynamic impact of Ecuador\u27s 2008 sovereign debt default on the subsequent performance of the country\u27s bonds, specifically as measured by the Emerging Markets Bond Index (EMBI).
Inter-American Development Bank
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