Understanding Default Risk Premia on Public Debt

Understanding Default Risk Premia on Public Debt
Author: Falko Juessen
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

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Understanding Default Risk Premia on Public Debt
Language: en
Pages: 0
Authors: Falko Juessen
Categories:
Type: BOOK - Published: 2010 - Publisher:

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Uncertainty Premia, Sovereign Default Risk, and State-Contingent Debt
Language: en
Pages: 38
Authors: Mr. Francisco Roch
Categories: Business & Economics
Type: BOOK - Published: 2021-03-12 - Publisher: International Monetary Fund

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We analyze how concerns for model misspecification on the part of international lenders affect the desirability of issuing state-contingent debt instruments in
Debt Dilution and Sovereign Default Risk
Language: en
Pages: 28
Authors: Mr.Leonardo Martinez
Categories: Business & Economics
Type: BOOK - Published: 2011-03-01 - Publisher: International Monetary Fund

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We propose a modification to a baseline sovereign default framework that allows us to quantify the importance of debt dilution in accounting for the level and v
The Premia on State-Contingent Sovereign Debt Instruments
Language: en
Pages: 48
Authors: Deniz Igan
Categories: Business & Economics
Type: BOOK - Published: 2021-12-03 - Publisher: International Monetary Fund

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State-contingent debt instruments such as GDP-linked warrants have garnered attention as a potential tool to help debt-stressed economies smooth repayments over
Fiscal Rules and the Sovereign Default Premium
Language: en
Pages: 28
Authors: Juan Carlos Hatchondo
Categories: Business & Economics
Type: BOOK - Published: 2012-01-01 - Publisher: International Monetary Fund

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This paper finds optimal fiscal rule parameter values and measures the effects of imposing fiscal rules using a default model calibrated to an economy that in t