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Private Equity Indices Based on Secondary Market Transactions
Boyer, Brian - 2018
Measuring the performance of private equity investments (buyout and venture) has historically only been possible over long horizons because the IRR on a fund is only observable following the fund's final distribution. We propose a new approach to evaluating performance using actual prices paid...
Persistent link: https://www.econbiz.de/10012480859
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Dollarization of Liabilities : Underinsurance and Domestic Financial Underdevelopment
Caballero, Ricardo J. - 2000
While there is still much disagreement on the causes underlying recent emerging markets' crises, one factor that most observers have agreed upon is that contracting dollar' (foreign currency) denominated external debt as opposed to domestic currency debt created balance sheet mismatches that led...
Persistent link: https://www.econbiz.de/10012470958
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Are all Credit Default Swap Databases Equal?
Mayordomo, Sergio - 2010
sources of corporate Credit Default Swap prices: GFI, Fenics, Reuters EOD, CMA, Markit and JP Morgan, using the most liquid …
Persistent link: https://www.econbiz.de/10012462067
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Credit Default Swaps and the Empty Creditor Problem
Bolton, Patrick - 2010
-post perspective in a formal model of debt with limited commitment, by comparing contracting outcomes with and without credit default …
Persistent link: https://www.econbiz.de/10012462654
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Rent Guarantee Insurance
Abramson, Boaz; Nieuwerburgh, Stijn van - National Bureau of Economic Research - 2024
A rent guarantee insurance (RGI) policy makes a limited number of rent payments to the landlord on behalf of an insured tenant unable to pay rent due to a negative income or health expenditure shock. We introduce RGI in a rich quantitative equilibrium model of housing insecurity and show it...
Persistent link: https://www.econbiz.de/10014576611
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An Industry-Adjusted Index of State Environmental Compliance Costs
Levinson, Arik - 1999
This paper describes a new, industry-adjusted index of state environmental compliance costs from 1977 to 1994. The … index has two principal advantages: it controls for states' industrial compositions, and it can be calculated for 17 years … and 1994. Third, this cost index is negatively correlated with subjective indices of state environmental efforts compiled …
Persistent link: https://www.econbiz.de/10012471487
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The World Uncertainty Index
Ahir, Hites; Bloom, Nicholas; Furceri, Davide - National Bureau of Economic Research - 2022
We construct the World Uncertainty Index (WUI) for an unbalanced panel of 143 individual countries on a quarterly basis …. Globally, the Index spikes around major events like the Gulf War, the Euro debt crisis, the Brexit vote and the COVID pandemic …
Persistent link: https://www.econbiz.de/10012938732
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Adjusting Output and Productivity Indexes for Changes in the Terms of Trade
Diewert, W. Erwin - 1985
In this paper we employ index number theory in addressing the problem of adjusting real national income and real …
Persistent link: https://www.econbiz.de/10012477521
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Indexing and Inflation
Fischer, Stanley - 1981
Much of the opposition to indexation as a means of adapting to on going inflation arises from the view that indexation is itself inflationary. This paper examines the basis for that view in a simple macroeconomic model in which budget deficits are in part financed through the printing of money....
Persistent link: https://www.econbiz.de/10012478451
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A State Price Index
Fuchs, Victor R. - 1979
No cross-sectional consumer price index is currently available by state, and the BLS's cross-sectional "family budget …" index for metropolitan areas is not well-suited for cross-state analyses. In this paper we propose an algorithm for … constructing a state-specific Laspeyres price index using conveniently available information from the Census of Business and the …
Persistent link: https://www.econbiz.de/10012478829