Sökning: "bailout"

Visar resultat 1 - 5 av 7 avhandlingar innehållade ordet bailout.

  1. 1. Essays on Debts and Constitutions

    Författare :Emanuel Kohlscheen; Torsten Persson; Jonathan Eaton; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; debt; constitution; sovereign risk; federalism; credibility; political institutions; renegotiation; trade credit; international reserves; bailout; revenue sharing; soft budget; Business and economics; Ekonomi;

    Sammanfattning : This thesis includes two essays on sovereign debt and one on subnational governments' debts within a federation. In the two first essays, simple constitutional rules - that define how economic interactions unfold - are found to influence the outcome in important ways. LÄS MER

  3. 2. Macroeconomic aspects of capital flows to small open economies in transition

    Författare :Kristian Jönsson; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : With the internationalization of financial markets, short-term capital flows to emerging market economies have become an important phenomenon in the world. The papers in this dissertation are concerned with investigating the effects of such flows in the receiving countries. LÄS MER

  4. 3. Essays in international macroeconomics

    Författare :Rudolfs Bems; Handelshögskolan i Stockholm; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Sammanfattning : The four essays included in this dissertation are in the field of open economy Macroeconomics. Essays I, II and IV deal with a work-horse model in this field – a two-sector small open economy growth model with traded and nontraded goods. LÄS MER

  5. 4. Essays in Macroeconomics and Household Finance

    Författare :Richard Foltyn; Per Krusell; Kurt Mitman; Paolo Sodini; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; nationalekonomi;

    Sammanfattning : Experience-based Learning, Stock Market Participation and Portfolio ChoiceRecent evidence suggests that lifetime experiences play an important role in determining households' investment choices. I incorporate these findings and the fact that household portfolios are underdiversified into an otherwise standard life-cycle model and examine to what extent they can help resolve long-standing puzzles in the literature regarding stock market participation and the fraction of financial wealth invested in risky assets. LÄS MER

  7. 5. Essays on Credit Risk

    Författare :Caren Guo Nielsen; Nationalekonomiska institutionen; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Asset pricing; equity returns; size effect; value effect; momentum effect; credit risk effect; credit default swap; banks; asset risk; credit risk; portfolio choice; risk-based capital regulation; bank bailouts; moral hazard; distress risk; capital injections; TARP; CPP; market discipline; financial crisis;

    Sammanfattning : This dissertation covers the issues related to credit risk that stem from the recent financial crisis and that are concerned by investors, financial intermediaries, and governments. The results of the research have important implications for asset managers, such as using the information from the credit risk market to rebalance stock portfolios, and for policy makers in regulating or bailing out banks. LÄS MER