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 72 for “"sovereign debt"”.
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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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Essays on International Trade and Sovereign Debt
… focusing on three different interactions through sovereign debt. The thesis is divided in 3 chapters. In the first chapter, I show that existing evidence suggests that sovereign defaults disrupt international trade. As a consequence, countries that are more open have more to lose from a sovereign …
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Sovereign Debt and Tax Collection Dynamics in Argentina
… risk aversion has predictive power in explaining sovereign spreads. </p>
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Three essays on sovereign debt and financial markets
… aspects of the actions of borrowing and repaying debts by governments in both domestic and international financial markets. In Chapter 1, which is co-authored with Guido Sandleris and Alejandro Van der Ghote, we use a unique dataset on sovereign bond issuances and syndicated bank loans to study …
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Essays on sovereign debt and international capital flows
… financial institutions. Chapter 1 focuses on sovereign debt and default. Recent sovereign default episodes have been associated with substantial output costs, and the sovereign should take into account that any default decision may exacerbate such costs. I construct a two-period model where …
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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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The effect of sovereign debt on Capital inflows to Zambia
… tapped into the international market to issue sovereign bonds to boost economic growth and attract additional foreign direct investments. Funds obtained have been used for large infrastructure projects and easing of balance of payments to name but a few. Zambia between the years 2011-2015 …
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Three Essays on Intra-Creditor Coordination Failures in Sovereign Debt Restructuring
… (solely market-based) contractual approach for sovereign debt restructuring. These essays particularly focus on aspects of intra-creditor coordination. Although the content of these essays is interconnected, each unit is a stand-alone entity. Essay I: The latest Argentinean debt restructuring …
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Contagion by shared financial intermediary in the pre-1914 London sovereign debt market
… intermediation. In the London peripheral sovereign debt market during pre-1914 period financial intermediation played a major informational role to investors, given the absence of international monitoring agencies and substantial agency costs. Using a hand-collected dataset of weekly bond …
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An Analysis of the Association between Foreign Investors Holdings and the Local Currency Sovereign Debt Yields
… foreign investors holdings of local currency sovereign debt on the corresponding debt yields. It includes a multi-country study encompassing 12 emerging markets and 17 advanced economies, as well as a single-country study focusing on Indonesia. By analyzing the association of foreign holdings …
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Exploring the Role of Fiscal Policy and Sovereign Debt Shocks on Economic Growth among Southern African Developing Communities
… examines the role of fiscal policy and sovereign debt shocks on economic growth in the Southern African Developing Communities (SADC). Over the years, fiscal policy and austerity measures have triggered a deterioration in the fiscal position of these member countries primarily due to the …
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Sovereign borrowing without odiousness: legal instruments to substitute the odious debt doctrine in the repudiation of sovereign debt
Where sovereign debt was found unjustified, occasionally attempts were made to declare this debt null and void. In order to facilitate this repudiation of debt in situations that are considered gravely unjust, Alexander Nahum Sack proposed the odious debt doctrine according to which debt is odious …
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Sovereign Debt and the New Global Economy: An analysis of Russian and Polish debt treatments in the post-Soviet era
… have alleged that the process of negotiating sovereign debt relief is unduly politicized and favors a global capitalist elite over national and democratic interests. This study evaluates the legitimacy of these criticisms by analyzing the cases of Russia and Poland in the six year period after …
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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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Bankruptcy Procedures for Sovereign Debtors
The idea of bankruptcy for insolvent sovereign borrowers has been under discussion for a long time, yet has never been implemented. This paper presents various proposed solutions to apply bankruptcy reorganization principles to sovereign debt crises. The current international framework is …
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Bond yield modelling and its application in the European Union
… and 4-quarter ahead forecasting. The European sovereign debt crisis has become a very popular topic since late 2009. In Chapter 4, the sovereign debt crisis is investigated by calculating the probabilities of the potential future crisis of 11 countries in the European Union. We use sovereign 2 …
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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
… 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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Essays on international macroeconomics
… open economies. The first two chapters are about sovereign debt and its interactions with domestic financial markets. The third chapter, coauthored with my classmate Daniel Rees, studies volatility in terms of trade. The first chapter studies how the introduction of new assets in sovereign debt …
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Credit Risk Determinants in European Banking: Evidence from Albania, Italy, Spain and Turkey (1998-2016)
… faced with another crisis, namely, the Eurozone debt crisis that considerably affected several developed countries especially those that are characterized as peripheral European countries. In parallel with the increased risk of default on their debts, these countries also faced tremendous …
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