Sovereign Default Risk Valuation Implications of Debt Crises and Bond Restructurings /

• Κύριος συγγραφέας: Andritzky, Jochen (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2006.
• Σειρά: Lecture Notes in Economics and Mathematical Systems, 582
• Θέματα: Finance.; Mathematics.; Economics.; Management science.; Macroeconomics.; Public finance.; Economic policy.; Economics, general.; Mathematics, general.; Finance, general.; Macroeconomics/Monetary Economics//Financial Economics.; Public Economics.; Economic Policy.

Past cycles of sovereign lending and default in emerging markets suggest that debt crises will recur at some point. In addressing debt crises it has proven helpful to distinguish between situations of illiquidity and insolvency. Solutions range from a voluntary debt swap to a soft or hard restructur...

Πίνακας περιεχομένων:

• Sovereign Lending and Default
• Sovereign Restructuring
• Modeling Sovereign Default Risk
• Empirical Estimations
• Credit Default Swaps
• Conclusion.