Crisis, Debt, and Default The Effects of Time Preference, Information, and Coordination /

Philip Ernstberger analyses in his three essays different topics of financial pathologies. Thereby, changes in fundamentals as well as information are considered as the driving force for the behavior of speculators and investors. The first essay deals with currency crises, in which the central bank,...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Ernstberger, Philip (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2016.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
LEADER 02940nam a22004455i 4500
001 978-3-658-13231-6
003 DE-He213
005 20160429152646.0
007 cr nn 008mamaa
008 160429s2016 gw | s |||| 0|eng d
020 |a 9783658132316  |9 978-3-658-13231-6 
024 7 |a 10.1007/978-3-658-13231-6  |2 doi 
040 |d GrThAP 
050 4 |a HB1-846.8 
072 7 |a KCA  |2 bicssc 
072 7 |a BUS069030  |2 bisacsh 
082 0 4 |a 330.1  |2 23 
100 1 |a Ernstberger, Philip.  |e author. 
245 1 0 |a Crisis, Debt, and Default  |h [electronic resource] :  |b The Effects of Time Preference, Information, and Coordination /  |c by Philip Ernstberger. 
264 1 |a Wiesbaden :  |b Springer Fachmedien Wiesbaden :  |b Imprint: Springer Gabler,  |c 2016. 
300 |a XIV, 138 p. 35 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
505 0 |a The Dynamics of Currency Crises -- The Mispricing of Debt - Influences of Ratings on Coordination -- Probability of Default and Precision of Information. 
520 |a Philip Ernstberger analyses in his three essays different topics of financial pathologies. Thereby, changes in fundamentals as well as information are considered as the driving force for the behavior of speculators and investors. The first essay deals with currency crises, in which the central bank, through setting the interest rate, steers the economy and defends against speculators. The second essay examines the effects of a rating and possible biases on the coordination of investors and the pricing of debt. In the third essay the author uses forecasts of default probabilities and implied market default probabilities to infer the weighing of information by investors. Contents • The Dynamics of Currency Crises • The Mispricing of Debt - Influences of Ratings on Coordination • Probability of Default and Precision of Information Target Groups • Teachers and students of international macroeconomics and finance as well as monetary economics • Executives and consultants in the field of corporate credit ratings About the Author Dr. Philip Ernstberger is currently working as a senior consultant in the field of risk modeling, concentrating on stress testing and operational risk methodologies, as well as rating model development and validation. 
650 0 |a Finance. 
650 0 |a Economic theory. 
650 0 |a Economic policy. 
650 1 4 |a Economics. 
650 2 4 |a Economic Theory/Quantitative Economics/Mathematical Methods. 
650 2 4 |a Economic Policy. 
650 2 4 |a Finance, general. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
776 0 8 |i Printed edition:  |z 9783658132309 
856 4 0 |u http://dx.doi.org/10.1007/978-3-658-13231-6  |z Full Text via HEAL-Link 
912 |a ZDB-2-ECF 
950 |a Economics and Finance (Springer-41170)