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Republic of Lithuania: Technical Assistance Report on Proposals for Reforming the Insolvency Regime

International Monetary Fund (IMF); International … - 2011

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Persistent link: https://www.econbiz.de/10010878424

United States; Selected Issues

International Monetary Fund (IMF); International … - 2012

This Selected Issues paper for the United States discusses the microeconomics of the countryâ€”household wealth and savings. Householdsâ€™ consumption-saving decisions have an important bearing on the U.S. economic outlook. This paper demonstrates how households with consistently lower...

Persistent link: https://www.econbiz.de/10011244682

Republic of Lithuania; Financial Sector Assessment Program Update-Technical Note-Insolvency and Creditor Rights Assessment

International Monetary Fund (IMF); International … - 2008

area of corporate insolvency, the Enterprise Bankruptcy Law and the Law on Restructuring of Enterprises are generally …

Persistent link: https://www.econbiz.de/10011245697

Tackling Small and Medium Enterprise Problem Loans in Europe

Bergthaler, Wolfgang; Kang, Kenneth; Liu, Yan; … - International Monetary Fund (IMF) - 2015

The global financial crisis has left a large private sector debt overhang and high levels of non- performing loans (NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face a number of...

Persistent link: https://www.econbiz.de/10011245900

Do casinos export bankruptcy?

Garrett, Thomas A.; Nichols, Mark W. - Federal Reserve Bank of St. Louis - 2005

This paper measures the extent to which destination resort casinos export bankruptcy back to visitors' home states … local bankruptcy. Using various survey data, we calculate the number of visits from each state to casino resort destinations …-of-state casino resorts have higher bankruptcy filings. This effect is dominant in the south, suggesting that casinos located in …

Persistent link: https://www.econbiz.de/10005352817

Bank Funding Structures and Risk; Evidence From the Global Financial Crisis

Federico, Pablo; Vázquez, Francisco F. - International Monetary Fund (IMF) - 2012

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and Europe during 2001?09. The results show that banks with...

Persistent link: https://www.econbiz.de/10009650626

Mortgage Defaults

Martinez, Leonardo; Hatchondo, Juan Carlos; Sanchez, Juan M. - International Monetary Fund (IMF) - 2012

This paper incorporates house price risk and mortgages into a standard incomplete market (SIM) model. The model is calibrated to match U.S. data and accounts for non-targeted features of the data such as the distribution of down payments, the life-cycle profile of home ownership, and the...

Persistent link: https://www.econbiz.de/10009650640

Balance-Sheet Shocks and Recapitalizations

Sandri, Damiano; Valencia, Fabian - International Monetary Fund (IMF) - 2012

We develop a dynamic stochastic general equilibrium model with financial frictions on both financial intermediaries and goods-producing firms. In this context, due to high leverage of financial intermediaries, balance sheet disruptions in the financial sector are particularly detrimental for...

Persistent link: https://www.econbiz.de/10009654148

The river sharing problem: A review of the technical literature for policy economists

Beard, Rodney - Volkswirtschaftliche Fakultät, … - 2011

over-allocated. Demand for water exceeds the available supply. Essentially, the water economy is bankrupt. Bankruptcy … of the paper is that the connection between the bankruptcy literature, which has recently also realized the importance of …

Persistent link: https://www.econbiz.de/10009353530

Coordinated failure? a cross-country bank failure prediction model

Santoso, Wimboh; Montgomery, Heather; Besar, Dwityapoetra; … - Volkswirtschaftliche Fakultät, … - 2005

This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms....

Persistent link: https://www.econbiz.de/10009278271