Search Results - subject:"Verschuldung"

Resolving insolvency : labour-market consequences of personal debt restructuring

Hassink, Wolter H. J.; Muller, Lotte; Dijk, Frans van; … - 2025

Persistent link: https://www.econbiz.de/10015471278

The effects of austerity on fiscal prudence : the role of private indebtedness and private investment

Chrysanthakopoulos, Christos - 2026

Persistent link: https://www.econbiz.de/10015609167

Sri Lanka's debt crisis : a crisis of governance

Dryden, Alex; Volz, Ulrich - 2026

This paper examines the origins, evolution, and resolution efforts surrounding Sri Lanka's 2022 sovereign debt default. Many defaults are triggered by sudden external shocks, but, in contrast, Sri Lanka's crisis was largely the result of prolonged domestic policy failures, including chronic...

Persistent link: https://www.econbiz.de/10015628624

Runs on tokenized debt

Araujo, Luis; Izumi, Ryuichiro; Mattesini, Fabrizio - 2026

Persistent link: https://www.econbiz.de/10015641911

Sovereign risk with endogenous debt limits

Arce, Fernando; Villa, Alessandro T. - 2026

Why do countries set sovereign debt ceilings if they keep raising them? This paper shows that debt ceilings can serve as intermediate commitment devices that reduce expected dilution, thereby lowering spreads-and their volatility-even without reducing total borrowing. We propose a new sovereign...

Persistent link: https://www.econbiz.de/10015643954

Distributing sovereign debt in a rising debt environment : outcomes from Canada's 2024 debt distribution framework review

Bradley, William; Gao, Jeffrey - 2026 - Last updated: May 15, 2026

This paper documents Canada's recent review of its sovereign debt distribution framework (DDF). Informed by a context of record-high debt issuance since the previous DDF review, along with comparisons with sovereign peers and insights from market participants, the review identified an important...

Persistent link: https://www.econbiz.de/10015647200

Flexible debt relief and credit behavior : evidence from loan-level data

Worarit Vannavanit; Sommarat, Chantarat; Lathaporn … - 2026

Persistent link: https://www.econbiz.de/10015650751

Optimal default in a small open economy : Senegal's hidden debt crisis

Coulibaly, Louphou; Ndiaye, Abdoulaye - 2026

Hidden public liabilities can reprice sovereign risk abruptly upon revelation. We study optimal default following such a revelation in a quantitative sovereign default model and apply the framework to Senegal's 2024 debt audit, which revised government debt upward by 50 percentage points of GDP....

Persistent link: https://www.econbiz.de/10015651315

Clientelism, institutions and sovereign default

Azzimonti, Marina; Mitra, Nirvana - 2026 - This version: March 2026

Persistent link: https://www.econbiz.de/10015636809

Local opioid exposure and corporate debt structure

Gozgor, Giray; Ho, Thang; Li, Jing - 2026 - This version: July 14, 2026

This paper examines how local opioid exposure affects firms' debt structure. Motivated by evidence that the opioid crisis weakens labor supply, impairs human capital, and increases operating uncertainty, we argue that firms exposed to greater local opioid distress rely more heavily on bank debt...

Persistent link: https://www.econbiz.de/10015675115