Showing 1 - 10 of 3,546
distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross … near to and far from the crisis areas. Using these calibrations, disturbances on the order of those observed during the …
Persistent link: https://www.econbiz.de/10011975657
protracted global crisis, (2) a slow economic recovery in the region (mainly, Russia), and (3) a natural disaster shock …
Persistent link: https://www.econbiz.de/10013306107
examined the resilience of the Kyrgyz debt under three stress-scenarios: (1) a global recession, (2) a financial crisis, and (3 …) the combination of a global recession and a financial crisis …
Persistent link: https://www.econbiz.de/10013306348
debt crisis on the supply of private sector credit is assessed. Controlling for banks' risk factors and credit demand, the … European sovereign debt crisis on credit supply. Moreover, a contraction in credit supply to non-financial corporates, but not …
Persistent link: https://www.econbiz.de/10011374059
We provide a new measure of sovereign country risk exposure to global sovereign tail risk (SCRE) based on information incorporated in 5-year sovereign CDS spreads. Our panel regressions with quarterly data from 53 countries show that macro risks have strong explanatory power for SCRE. After...
Persistent link: https://www.econbiz.de/10013050575
also considers macroeconomic factors that are generally attributed to the 1980s debt crisis and investigates the extent to …, indicating that one must consider factors beyond these shocks in order to understand the causes of the crisis. The later findings …
Persistent link: https://www.econbiz.de/10012862820
Romania, the study focuses on examining the 1980s foreign debt crisis context, its determinants and consequences, the impact … economy faced a severe economic and financial crisis at the beginning of the 1980s, when more than 30 developing countries … entered default or restructuring on the sovereign debt. In the case of Romania, the impact of the foreign debt crisis …
Persistent link: https://www.econbiz.de/10012117973
The COVID-19 pandemic has imposed major fiscal shocks to emerging market economies (EMEs) from output and revenue loss and from relief expenditures and government credit support. In some economies there has been partially compensating alleviation from lower interest rates. This study examines...
Persistent link: https://www.econbiz.de/10013307561
statistics alongside stylized facts during the European sovereign debt crisis. …
Persistent link: https://www.econbiz.de/10010457126