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Does sovereign risk differ for domestic and foreign investors? : historical evidence from Scandinavian bond markets

Waldenström, Daniel (contributor) - 2005 - [Elektronische Ressource], Rev. February 18, 2005

This paper shows that geographical investor heterogeneity strongly influences sovereign risk. While standard sovereign debt models mainly attribute the absence of sovereign defaults to foreign creditor retaliation, a new theoretical literature argues that domestic creditors also affect borrowing...

Persistent link: https://www.econbiz.de/10002577962

A flexible adjustment model of employment with application to Zimbabwe's manufacturing industries

Ncube, Mthuli; Heshmati, Almas - 1998

Persistent link: https://www.econbiz.de/10000995372

Income inequality and income mobility in the Scandinavian countries compared to the United States

Aaberge, Rolf; Björklund, Anders; Jäntti, Markus; … - 1996

Persistent link: https://www.econbiz.de/10000928588

Cost-effectiveness of alendronate in the treatment of osteoporois in Denmark : an economic evaluation based on the fracture intervention trial

Jönsson, Linus (contributor); … - 2002 - [Elektronische Ressource]

-year gained and cost per quality-adjusted life-year, QALY, gained) of treating osteoporotic women in Denmark with alendronate … epidemiological and cost data for Denmark. In the base-case alendronate was assumed to have a fracture-risk reducing effect for ten … treatment with alendronate in Denmark is cost-effective, provided the treatment is targeted towards high-risk patients …

Persistent link: https://www.econbiz.de/10001673640

The valuation of corporate liabilities : theory and tests

Ericsson, Jan (contributor); Reneby, Joel (contributor) - 2001 - [Elektronische Ressource], First version: February 2001, Rev. January 7, 2003

We develop a structural bond pricing approach and implement it on a large panel of US industrial bonds using an efficient maximum likelihood methodology. We evaluate the model's ability to predict yield spread levels and changes out-of-sample. Errors are smaller and distinctly less variable than...

Persistent link: https://www.econbiz.de/10001600071

Trade liberalization and the geography of production : agglomeration, concentration and dispersal in Indonesia's manufacturing industry

Sjöberg, Örjan (contributor); … - 2002 - [Elektronische Ressource]

The effect of trade liberalization on the spatial concentration of economic activities is not straightforward. It has, on the one hand been widely argued that protectionism increase spatial concentration when firms locate close to the main domestic markets, but it has also been argued that trade...

Persistent link: https://www.econbiz.de/10001638199