Essays about: "Sovereign Default"
Showing result 1 - 5 of 20 essays containing the words Sovereign Default.
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1. ON THE CVA OF CREDIT DEFAULT SWAPS: THE IMPLICATION OF DEPENDENCE USING A COPULA APPROACH
University essay from Göteborgs universitet/Graduate SchoolAbstract : 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
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2. Beyond Credit Ratings: The Role of (E)SG in Sovereign Debt Investments
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : 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
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3. Investing in Emerging Markets: Environmental Performance and its Effect on Risk Profile
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : 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
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4. Sovereign Default, Risk-Averse Investors and the World Interest Rate
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Empirical evidence suggests that global factors, such as the world interest rate and the degree of risk-aversion of international investors, are key drivers of sovereign spreads in emerging economies. Building on this evidence, this paper extends a model of strategic sovereign default to account for both a time-varying world interest rate and risk-averse international investors, in order to study the impact of these factors on sovereign debt prices and default incentives. READ MORE
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5. Aggressive Measures for Aggressive Schemes: Human Rights Perspectives
University essay from Lunds universitet/Institutionen för handelsrättAbstract : The focus of this thesis is the EU Directive on mandatory disclosure rules on intermediaries that make available potentially aggressive cross-border tax arrangements. Its avowed purpose is to arrest base erosion and to address fairness in taxation. READ MORE