We estimate the pricing of sovereign risk for sixty countries based on fiscal space (debt/tax; deficits/tax) and other … and economically important determinants of market-based sovereign risk. Although the explanatory power of fiscal space … emergence of TED spread as a key pricing factor. However, risk-pricing of the South-West Eurozone Periphery countries is not …

the world than many developing countries. A noteworthy feature of this theory is that financial and property rights …

Disparity between control and ownership rights gives rise to the risk of tunneling by the controlling shareholder, and …

countries, in particular Latin America, we find that well over 50% of jobs are at risk in the initial stages of the crisis …. Because informal jobs and those not fit for telework are at higher risk, this number goes down to 33% if the US employment … distribution is imposed on the Colombian data. As the crisis deepens, the risk of unemployment grows. However, informality rebounds …

announcements, rather than traditional determinants like fiscal space and systematic risk, drove CDS adjustment over this period … mitigate the short-run fear of the worst economic outcomes, temporarily pushing away concerns over fiscal risk …