Results 31 to 40 of about 5,547,723 (304)
Look up and ahead: How climate scenarios affect European sovereign credit risk
We 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
doaj +1 more source
Taking the moral hazard out of banking: the next fundamental step in financial reform
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]
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
Banking and Sovereign Risk in the Euro Area [PDF]
We study the determinants of sovereign bond spreads in the euro area since the introduction of the euro. We show that an aggregate risk factor is a main driver of spreads. This factor also plays an important indirect role for risk spreads through its interaction with the size and structure of national banking sectors.
Gerlach, Stefan +2 more
openaire +4 more sources
Since 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
doaj +1 more source
Sovereign Risk: Constitutions Rule [PDF]
This paper models the executive's choice of whether to reschedule external debt as the outcome of an intra-governmental negotiation process. The executive's necessity of a confidence vote from the legislature is found to provide the rationale for why some democracies may not renegotiate their foreign obligations.
openaire +3 more sources
ABSTRACT Background Adolescents with high‐risk cancer face complex developmental, psychosocial, and ethical challenges that extend beyond disease‐directed treatment. Although international recommendations exist for communication, psychosocial care, pediatric palliative care, survivorship, and shared decision‐making, these have largely evolved within ...
Johanna M. C. Blom +15 more
wiley +1 more source
Sovereign Risk and Lending Behavior of Banking Industry: Evidence from Turkey’s Credit Market
This study examines how sovereign risk influences Turkish commercial banks' lending behavior, focusing on asymmetric effects in commercial loan pricing.
Osman Altay
doaj +1 more source
Capital Markets Union in Europe: Why Other Unions Must Lead the Way
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
doaj +1 more source
ABSTRACT Background Children with sickle cell anemia (SCA) in low‐income settings are at risk of severe malnutrition, but optimal nutritional management has not been established. We evaluated an intensified ready‐to‐use therapeutic food (RUTF) regimen in children with persistent severe malnutrition after initial treatment and assessed whether early ...
Safiya Gambo +9 more
wiley +1 more source

