Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 29 for “"Sovereign debt crisis"”.
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Essays on Sovereign Debt Crisis
… that aim to develop economic models to explain sovereign debt crises. Chapter 2 provides the dynamic general equilibrium model of endogenous sovereign default, incorporating financial intermediaries. By a government's decision to default, government bonds become non-performing and financial …
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Essays on Sovereign Debt Crisis
… that aim to develop economic models to explain sovereign debt crises. Chapter 2 provides the dynamic general equilibrium model of endogenous sovereign default, incorporating financial intermediaries. By a government's decision to default, government bonds become non-performing and financial …
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The Greek debt debacle and the role of external debt in the EMU sovereign debt crisis and the ensuing landscape for peripheral european sovereign borrowers
… investigates the European Monetary Union (EMU) Sovereign Debt Crisis from a capital markets perspective. The realisation in 2009 that the Greek government owed much more than had been previously thought is taken as the starting point of the analysis. These concerns quickly spread to other …
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Does the Nature of the Crisis Matter? A Study of Global Bank Performance during a Credit Crisis, The Debt Crisis &; Health Crisis
… performance of banks during the Global Financial Crisis (GFC), the sovereign debt crisis, and COVID-19 crisis. An ordinary least squares (OLS) multiple regression model was used to observe the influence of bank specific, macroeconomic and industry related variables on global bank performance. …
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Credit Risk Determinants in European Banking: Evidence from Albania, Italy, Spain and Turkey (1998-2016)
… on loan defaults. The 2008 global financial crisis revealed the fragility of banking systems and highlighted the importance of identifying the determinants of credit risk, in order to prevent banking systems from collapse and as such to maintain the stability of the whole financial system. In …
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Bond yield modelling and its application in the European Union
… and applies various models to forecast the crisis which happened recently. Chapter 2 investigates a model utilising the term structure of interest rates to predict output growth and recession in the UK. In contrast to previous literature, information retrieved from the whole yield curve is …
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The European Union at the Start of the 21St Century: An Examination of Challenges in the Context of EU Integration
… in world affairs. The thesis looks at the sovereign debt crisis and determines that the EU must further centralize economic power. The thesis looks at various political challenges and concludes that the EU should continue engagement with Turkey and must establish uniform policies to …
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The Political Economy of Transpositions: A Study of the Eurozone Crisis
… a reinterpretation of the so-called Eurozone crisis, arguing that its crisis character is overstated and that it is rather a normal stage in the process of European banking sector integration. Particularly, I maintain that it is neither a sovereign debt crisis caused by profligate peripheral …
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Essays on Applied Macroeconomics
… economic shocks, including the global financial crisis in 2008, the sovereign debt crisis in 2012, the COVID-19 pandemic in 2020, and, most recently, the Russia-Ukraine war in 2022. In response, the ECB has expanded its policy toolkit beyond conventional policy rates by introducing forward …
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OPEC PRODUCTION DECISIONS, MACROECONOMIC NEWS AND VOLATILITY IN THE CANADIAN AND ENERGY MARKETS
… during, before and after the U.S. financial crisis and European sovereign debt crisis. Besides, we apply the impulse response analysis to decompose the exogenous effects into direct and indirect effects resulting from volatility spillover. We find that the effects of OPEC press releases and …
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Essays on fiscal policy and the pricing of sovereign debt
… the conduct of fiscal policy and the pricing of sovereign debt. The first chapter examines the credibility of official budgetary projections produced by the fiscal authorities of EU member states, as required under the provisions of the Stability and Growth Pact. Drawing upon existing studies, …
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Germany, the European Union, and the Euro: the primacy of politics in treasure
… to take a leadership position in the Eurozone sovereign debt crisis. This quasi depression has highlighted the economic interdependence of the Eurozone member states and has exposed the fundamental weakness of the lack of a political union between members to coordinate a timely fiscal response. …
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Sectoral dynamics of financial co-integration between BRICS and developed stock markets
… during the four phases of the Global Financial Crisis (GFC), the three phases of the European Sovereign Debt Crisis (ESDC) and the UK Brexit crisis. The sample includes daily sectoral equity indices over the period January 2006 to December 2017. The study applies the ADCC GJRGARCH model to …
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Eurozone Crisis Management in Neofunctionalist Approach
… were most evident in the Eurozone, since the sovereign debt crisis jeopardized the entire Economic and Monetary Union (EMU). The crises made it clear that the EMU had been malfunctioning due to its incompleteness. Recognizing these failures and shortcomings, member states decided to launch …
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An investigation into the profitability and sustainability of market timing strategies in Real Estate Investment Trusts (REITs): A global perspective
… over three periods covering the Global Financial Crisis, European Sovereign Debt crisis; and the Covid-19 pandemic. In general, the MA and TSM market timing rules exhibited very similar performance while the MMAC and DM market timing rules exhibited the highest returns. Of the four market timing …
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Financial contagion in emerging markets evidence from BRICS countries
… during the U.S. sub-prime and the Eurozone sovereign debt crises. The wavelet cross-correlations analysis showed evidence of positive cross-correlation between the U.S. and individual BRICS stock markets, and the cross-correlation was identified in both short and coarse scales, with the U.S. …
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Three papers in international economics and macroeconomics
… across countries. In the case of the European sovereign debt crisis, we demonstrate that the U.S. branches of foreign parent banks were more likely to contract their lending and lose deposits in response to stress in the parent country than were the subsidiaries of foreign parents. We develop a …
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Implosion in Greece? An analysis of the Greek debt crisis and its impacts on Europe and world markets
… thesis seeks to address the impact of the Greek debt crisis on the stability of the euro and Eurozone, and the best solutions to the crisis. The chapters of this study explore currency unions in theory and practice, the operational components of the Eurozone, fiscal policy and its importance in …
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Essays in Asset Management: Mutual Funds and Exchange-traded Funds
… analysis around Lehman Brothers bankruptcy, sovereign debt crisis and COVID-19 outbreak. Synthetic ETFs face steeper declines in tracking efficiencies following a sudden increase in counterparty risk, while they are shielded from liquidity shocks. There is a remarkable drop in tracking …
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Money market funds in the US and the EU: a legal and comparative analysis
… financial system also showed during the European sovereign debt crisis in the summer of 2011. The crisis prompted further regulatory debate on both sides of the Atlantic on how to make money market funds more resilient to investors’ runs and systemic shocks. The solutions that are currently …
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