Essays about: "sovereign risk"

Showing result 1 - 5 of 39 essays containing the words sovereign risk.

1. 1. ON THE CVA OF CREDIT DEFAULT SWAPS: THE IMPLICATION OF DEPENDENCE USING A COPULA APPROACH

   University essay from Göteborgs universitet/Graduate School

   Author : Sebastian Alm; Joel Fredriksson Pregmark; [2023-06-29]
   Keywords : Credit Value Adjustment; Counterparty Credit Risk; Wrong Way Risk; Credit Default Swap; Semi-Analytical Model; Interest Rate Swap;

   Abstract : This study examines the nature and background to the Credit Value Adjustment(CVA), a concept that has gained focus due the it’s heightened importance for financial institutions subsequent to the 2008 financial crisis. CVA can be defined as the the price that should be added to the bilateral defaultable contract to adjust for the existing Counterparty Credit Risk (CCR) so that the contract will have the same value as a corresponding risk-free contract. READ MORE

3. 2. Environmental performance and sovereign bond yields: Evidence from emerging markets

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Kristin Unga; [2023]
   Keywords : sovereign yields; environmental performance; principal component analysis; Business and Economics;

   Abstract : This thesis analyses if investors price a country’s environmental (E) performance into sovereign bond yields. The sample consists of 17 emerging countries from 2011 to 2020. READ MORE

4. 3. Beyond Credit Ratings: The Role of (E)SG in Sovereign Debt Investments

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Oscar Wollmann; Filip Frisk; [2023]
   Keywords : ESG rating; Sovereign debt investments; Sovereign bond yields; Sustainability;

   Abstract : The study investigates the correlation between ESG performance and sovereign bond yield spreads using regression analysis. The results reveal a significant negative correlation between the Governance and Social indices and bond spreads, emphasising the importance of good governance practices and social stability in reducing the risk of sovereign debt default. READ MORE

5. 4. Investing in Emerging Markets: Environmental Performance and its Effect on Risk Profile

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Felicity Jaarnek; [2023]
   Keywords : CDS spread; sovereign debt; ESG; environment; emerging economies; Business and Economics;

   Abstract : Debt has gained paramount importance for policy makers, stakeholders, and investors due to its far-reaching implications on economic stability, growth prospects, and financial resilience. Meanwhile, environmental conditions are increasing in importance when assessing credit risk. READ MORE

6. 5. Climate, Coloniality and Financialization: A Decolonial Analysis of Global Climate Finance

   University essay from Lunds universitet/Kulturgeografi och ekonomisk geografi; Lunds universitet/Institutionen för kulturgeografi och ekonomisk geografi; Lunds universitet/Humanekologi

   Author : Judith Rybol; [2023]
   Keywords : Social Sciences;

   Abstract : Providing adequate climate finance, meaning funding for mitigation, adaptation or loss and damage, has been very high on the global policy agenda recently. The political economy and ecology behind it are much more complex and morally multidimensional than the mainstream finance world likes to present it though, which results in grave colonial injustices, international debt crises, deepened global inequalities and heightened climate vulnerabilities. READ MORE