Results 21 to 30 of about 20,607 (271)
International Finance Discussion Papers, 2018 Governments issue debt both domestically and abroad. This heterogeneity introduces the possibility for governments to operate selective defaults that discriminate across investors. Using a novel dataset on the legal jurisdiction of sovereign defaults that distinguishes between defaults under domestic law and default under foreign law, we show that ...
Aitor Erce, Enrico Mallucci
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Estimating Sovereign Default Risk [PDF]
American Economic Review, 2012 This paper uses Bayesian methods to estimate the sovereign default probability for Greece and Italy in the post-EMU period. We build a real business cycle model that allows for interactions among fiscal policy instruments, sovereign default risk, and a “fiscal limit,” which measures the maximum level of debt the government is willing to finance.
Huixin Bi, Nora Traum
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Do Sovereign Defaults Hurt Exporters? [PDF]
, 2006 This paper uses a difference-in-difference methodology similar to the one originally proposed by Rajan and Zingales (1998) to test whether defaulting hurts the more export-oriented industries. Strong support for this hypothesis was found, but contrary to
Borensztein, Eduardo, Panizza, Ugo
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Sovereign default and capital accumulation [PDF]
Journal of International Economics, 2014 I introduce endogenous capital accumulation into an otherwise standard quantitative sovereign default model in the tradition of Eaton and Gersovitz (1981), and find that conditional on a level of debt, default incentives are U shaped in the capital stock: the economy with too small or too large amounts of capital is likely to default. In addition to an
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EUROPEAN MONETARY FUND - BETWEEN ILLUSION AND FUTURE INSTRUMENT FOR EUROPEAN FINANCIAL STABILITY [PDF]
Annals of the University of Oradea: Economic Science, 2010 The finance crises that culminate with the Greece situation shows that majority of European countries are facing balance-of-payments difficulties and it is clear that actual mechanism couldnt face the situation.
Firtescu Bogdan
doaj
Sovereign default and the euro [PDF]
Oxford Review of Economic Policy, 2013 The introduction of the euro meant that countries with sovereign debt problems could not use monetization and devaluation as a way to prevent default. The institutional structures of the euro were also widely thought to prevent a country in difficulties being bailed out by other euro members or having its sovereign debt purchased by the European ...
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Molecular Oncology, EarlyView.We show that the majority of the 18 analyzed recurrent cancer‐associated ERBB4 mutations are transforming. The most potent mutations are activating, co‐operate with other ERBB receptors, and are sensitive to pan‐ERBB inhibitors. Activating ERBB4 mutations also promote therapy resistance in EGFR‐mutant lung cancer.
Veera K. Ojala +15 more
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Essays in Economic and Business History, 2006 The Company of General Farms, a quasi-private collector of about half the French taxes in the eighteenth century, was one of the largest lenders to the Crown.
Noel Johnson
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Sovereign default and debt renegotiation [PDF]
Journal of International Economics, 2010 In this paper, we develop a small open economy model to study sovereign default and debt renegotiation within a dynamic borrowing framework. The model features both endogenous default risk and endogenous debt recovery rates. A country’s future borrowing and default decisions affect the determination of debt recovery rates in a Nash bargaining game ...
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Peroxidasin enables melanoma immune escape by inhibiting natural killer cell cytotoxicity
Molecular Oncology, EarlyView.Peroxidasin (PXDN) is secreted by melanoma cells and binds the NK cell receptor NKG2D, thereby suppressing NK cell activation and cytotoxicity. PXDN depletion restores NKG2D signaling and enables effective NK cell–mediated melanoma killing. These findings identify PXDN as a previously unrecognized immune evasion factor and a potential target to improve
Hsu‐Min Sung +17 more
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