Search Results - subject:"Debt default"

The bank as Grim Reaper : debt composition and bankruptcy thresholds

Carey, Mark S.; Gordy, Michael B. - In: Journal of financial economics 142 (2021) 3, pp. 1092-1108

Persistent link: https://www.econbiz.de/10012875930

Selective default expectations

Accominotti, Olivier; Albers, Thilo N. H.; Oosterlinck, Kim - 2021

Persistent link: https://www.econbiz.de/10012604005

Assessing Fiscal Stress

Dobrescu, Gabriela; Petrova, Iva; Belhocine, Nazim; … - International Monetary Fund (IMF) - 2011

emerging economies. Unlike previous studies, the index assesses the determinants of fiscal stress periods, covering public debt … default as well as near-default events. The fiscal stress index depends on a parsimonious set of fiscal indicators, aggregated …

Persistent link: https://www.econbiz.de/10009019579

Effect of Debt Default, Audit Quality and Acceptance of Audit Opinion Going Concern in Manufacturing Company in Indonesia Stock Exchange

Khaddafi, Muammar - In: International Journal of Academic Research in … 5 (2015) 1, pp. 80-91

This study aimed to analyze the influence of Debt Default, audit quality and audit opinion on the acceptance of Going … that simultaneous variables Debt Default, audit quality and audit opinion by the F test, jointly affect the acceptance of … Going Concern Opinion with a significance of 0.000. While the partial results of the t test, the variable Debt Default …

Persistent link: https://www.econbiz.de/10011170560

The Costs of Sovereign Default

Borensztein, Eduardo; Panizza, Ugo - International Monetary Fund (IMF) - 2008

This paper evaluates empirically four types of cost that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic...

Persistent link: https://www.econbiz.de/10005769045

Personal indebtedness, community characteristics and theft crimes

Stuart G, McIntyre - Economics Department, University of Strathclyde - 2013

Becker (1968) and Stigler (1970) provide the germinal works for an economic analysis of crime, and their approach has been utilised to consider the response of crime rates to a range of economic, criminal and socioeconomic factors. Until recently however this did not extend to a consideration of...

Persistent link: https://www.econbiz.de/10011134465

You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending

Committeri, Marco; Spadafora, Francesco - International Monetary Fund (IMF) - 2013

facilitate coordination among private creditors in order to contain the costs of a debt default or restructuring. We analyze the …

Persistent link: https://www.econbiz.de/10011142016

Sudden stops, time inconsistency, and the duration of sovereign debt

Hatchondo, Juan Carlos; Martinez, Leonardo - International Monetary Fund (IMF) - 2013

We study the sovereign debt duration chosen by the government in the context of a standard model of sovereign default. The government balances off increasing the duration of its debt to mitigate rollover risk and lowering duration to mitigate the debt dilution problem. We present two main...

Persistent link: https://www.econbiz.de/10010790324

Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten

Reinhart, Carmen; Rogoff, Kenneth - International Monetary Fund (IMF) - 2013

Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts. The current phase of the official policy approach is...

Persistent link: https://www.econbiz.de/10010790367

Greece; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

Fiscal expansion after euro accession led to a buildup of large economic imbalances, and a program to make fiscal policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and structural reforms stalled, which unsettled the investment...

Persistent link: https://www.econbiz.de/10011243465