Essays about: "GDP-linked bonds"

Found 2 essays containing the words GDP-linked bonds.

  1. 1. The risk of sub-optimal allocation of government spending when implementing GDP-linked bonds

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Aline Ghatan; Anna Sandros Hansson; [2021]
    Keywords : GDP-linked Bonds; Moral Hazard; Sovereign Debt; Public Spending;

    Abstract : This paper examines the risk of suboptimal allocation of public resources in countries issuing GDP-linked bonds and how such risk can be mitigated. Throughout the analysis, a linear interest rate function for GDP-linked bonds is used. READ MORE

  3. 2. GDP-linked Bonds: The Case for Greece

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Aila Mihr; [2016]
    Keywords : GDP-linked bonds; sovereign debt; Greek debt crisis;

    Abstract : This thesis examines the benefits and drawbacks of GDP-linked government bonds as a financing tool for the Greek government related to the Greek debt crisis from 2009-2014. Such bonds are characterised by coupon payments which vary in proportion to the GDP growth of the issuing country. READ MORE