Essays about: "sovereign debt crisis"

Showing result 16 - 20 of 51 essays containing the words sovereign debt crisis.

1. 16. The Crime of Fiscal Neglect and Punishment of High Rates – A Panel Study for EMU

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Victor Ahlqvist; [2016]
   Keywords : EMU; Long-term Interest Rates; Government Debt; Fiscal Deficits; GIIPS; Business and Economics;

   Abstract : This paper examines long-term interest rates and fiscal liabilities within EMU in the context of the recent sovereign debt crisis; where Greece, Ireland, Italy, Portugal and Spain faced rising interest rates in contrast to the rest of the EMU. An assessment of the short and long-run properties of long rates, fiscal deficits and government debt are estimated for 11 EMU countries in the time span 1999-2015. READ MORE

3. 17. Credit tightening and financial debt sustainability: a panel approach to Italian firm-level data

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Chiara Billi; [2016]
   Keywords : panel data; corporate distress; bank lending; credit rationing;

   Abstract : The aim of this paper is to examine how the macroeconomic shock caused by the sovereign debt crisis of 2012, through its impact on credit markets, was transmitted to the debt sustainability of Italian manufacturing firms. Using original panel data on 12,103 firms and adopting a fixed effects strategy I test the existence and the impact of the bank lending and balance sheet transmission channels on corporate debt sustainability. READ MORE

4. 18. The Impact of the Euro Crisis on Corporate Capital Sources in France, Germany, Switzerland and the United Kingdom

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Florian Schmidt; [2016]
   Keywords : Capital sources; financial constraint; European sovereign debt crisis;

   Abstract : This study investigates the effect of the European sovereign debt crisis on alternative capital sources of public companies from France, Germany, Switzerland and the United Kingdom. Specifically, it studies which financing choices expose a company to potential bank lending and demand shocks during the Euro crisis. READ MORE

5. 19. 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

6. 20. Pricing of European Options with Subjective Probability : Ambiguity aversion in the options market during the European sovereign debt crisis

   University essay from Umeå universitet/Nationalekonomi

   Author : Simon Edvinsson; [2016]
   Keywords : ;

   Abstract : This essay develops an option pricing formula where the market participantsare assumed to not follow a uniform approach with respect to uncertainty thatarises under extreme market events. By using a continuous Choquet randomwalk for modeling asset dynamics, as well as including marginal utility, an optionprice kernel is obtained- this is opposed to the unique price that arises inthe standard MMBS framework. READ MORE