Essays about: "sovereign debt crisis"

Showing result 21 - 25 of 51 essays containing the words sovereign debt crisis.

  1. 21. North-South Divide in the European Banking Sector: Comparison between the Performance, Strength and Stability of Northern European Banks and Southern European Banks before and during the European Sove

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ivan Stefanov; Ilham Mustafazade; [2015]
    Keywords : Èuropean sovereign debt crisis; North-South divide; Eurozone; bank performance;

    Abstract : In the midst of the European sovereign debt crisis, the East-West divide of the continent became obsolete. The European Union now exhibits a new divide that is more economic than political - the North-South divide. READ MORE

  2. 22. Evaluating Credit Default Swap spreads using the CreditGrades model - A study on European non-financial firms

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Jakob Melin; Stamatoula Pappa; [2015]
    Keywords : GARCH; trading strategies.; CreditGrades Model; credit default swap CDS ; credit risk; Business and Economics;

    Abstract : In our paper, we analyse Credit Default Swaps (CDSs) for 67 European non-financial companies between December 2004 and December 2014, focusing on the five-year maturity corporate CDS spreads. The period of analysis is divided into three sub-periods; before the financial crisis, during the global financial crisis and the European sovereign debt crisis. READ MORE

  3. 23. What Drives Current Account and Trade Balances in Euro Area Periphery Countries? A Structural VAR Analysis for Greece, Portugal and Spain.

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Stefan Lautenbacher; [2015]
    Keywords : current account; trade balance; euro area periphery; domestic demand; structural VAR;

    Abstract : In the years before the Great Recession of 2008-2009 large current account deficits emerged in some countries of the euro area periphery. As a consequence, sizeable net foreign debt positions were accumu- lated, which contributed to the outbreak of the European Sovereign Debt Crisis (Lane and Milesi-Ferretti 2011). READ MORE

  4. 24. Transfer of Sovereign Credit Risk to Corporate Borrowing Costs, Evidence from the European Debt Crisis

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Rohan Gupte; Joachim Rogne; [2015]
    Keywords : Sovereign Credit Risk; Corporate Borrowing Costs; Transfer Risk; Sovereign Debt Crisis; CDS Spreads;

    Abstract : This paper studies whether a risk transfer relationship exists between sovereigns and domestic firms in developed economies. We provide empirical evidence that increases in a government's perceived credit risk have considerable negative implications on its private sector by increasing firm cost of borrowing. READ MORE

  5. 25. Public Real Estate Management: Estonian Case Study with Monte Carlo SimulationAnalyses

    University essay from KTH/Fastigheter och byggande

    Author : Kert Kaljula; [2014]
    Keywords : public real estate management; incentives; Monte Carlo Simulation analyses; securitization; sale leaseback; agency theory; status quo bias.;

    Abstract : With accumulation of sovereign debt in many large OECD countries it seems that attention is heightened on how to manage public resources more effectively. High levels of sovereign debt are partly related to the aftermath of the latest financial crisis, where resolution for many big economies was to intervene and use public resources to put an end to the expansion of the crisis. READ MORE