Results 31 to 40 of about 6,658 (258)
Taking the moral hazard out of banking: the next fundamental step in financial reform
PSL Quarterly Review, 2011 The path between financial meltdown and moral hazard in banking is, at best, narrow and impervious. During the financial crisis, public support became the standard responseto save the banks in difficulty, heightening and broadening the moral hazard issue:
Rainer Masera
doaj +1 more source
Risk, ambiguity, and sovereign rating [PDF]
International Economics and Economic Policy, 2014 Decisions of investing in sovereign assets involve both risk and ambiguity. Ambiguity arises from unknown elements characterizing the value of a generic sovereign. In presence of ambiguity, ambiguity-averse investors are prone to pay for obtaining summary information such as ratings which reduces ambiguity.
openaire +1 more source
Look up and ahead: How climate scenarios affect European sovereign credit risk
International Review of Economics & FinanceWe provide empirical evidence on the potential evolution of future climate-related impacts on sovereign credit risk in Europe, measured through sovereign Credit Default Swap (CDS) spreads and risk-neutral implied probabilities of default.
Luca De Angelis +2 more
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Sovereign Risk Contagion [PDF]
, 2017 We develop a theory of sovereign risk contagion based on financial links. In our multi-country model, sovereign bond spreads comove because default in one country can trigger default in other countries. Countries are linked because they borrow, default, and renegotiate with common lenders, and the bond price and recovery schedules for each country ...
Cristina Arellano +2 more
openaire +2 more sources
International Review of Economics & FinanceSince the European debt crisis, the international banking industry and sovereign debt markets have experienced frequent crises. In particular, the dynamic complexity of the cross-contagion between tail risks in the international banking industry and ...
Gong Xiao-Li +3 more
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Capital Markets Union in Europe: Why Other Unions Must Lead the Way
Swiss Journal of Economics and Statistics, 2016 Summary Government bond markets in the Euro Area are highly fragmented causing further fragmentation in bond and equity markets. Capital Markets Union with fully integrated capital markets across member countries can only work when the status of member ...
Viral V. Acharya, Sascha Steffen
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Pediatric Blood &Cancer, EarlyView.ABSTRACT Background Combined oral contraceptive (COC) use in obese adult women dramatically increases the relative risk of developing a pulmonary embolism (PE). The risk of a PE in obese adolescent females taking contraceptives is currently unknown. The purpose of this investigation was to determine the effect of body mass index (BMI) and contraceptive
John Puetz, Joanne Salas
wiley +1 more source
Sovereign Risk and Lending Behavior of Banking Industry: Evidence from Turkey’s Credit Market
Maliye ve Finans YazılarıThis study examines how sovereign risk influences Turkish commercial banks' lending behavior, focusing on asymmetric effects in commercial loan pricing.
Osman Altay
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Pediatric Blood &Cancer, EarlyView.ABSTRACT Background Acute lymphoblastic leukemia (ALL) is the most common pediatric cancer, with an overall survival now surpassing 90% in developed countries. However, treatments are not without adverse effects. In this study, we apply the severe toxicity‐free survival (STFS) framework to determine the prevalence of 21 physician‐defined severe ...
Lane Collier +10 more
wiley +1 more source
How Climate Resilience Shapes Sovereign Credit Risk: A Cross-Country Comparative Study
Comparative Economic ResearchThis article aims to identify the impact of a country’s climate risk resilience on its sovereign credit rating, and to answer whether a country’s vulnerability can be mitigated by its readiness.
Renata Karkowska, Paweł Niedziółka
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