expansions in the small Euro-area open economies affected by high public and private debt. It is shown that the macroeconomic … outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece … Debt Euro Area Countries -- 5 A Further Look To Macroeconomic Outcomes of Fiscal Austerity in High Debt Countries -- 6 Can …

This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is … conducted by measuring the relationship between China’s debt size and economic growth. The conclusion that is reached is as … follows: China’s current debt has already exceeded the inflection point, and that means that it is now having an adverse …

of Chinese households’ demographics, housing and financial assets, debt and credit constraints, income and expenditures …

bankbetrieblicher Kreditrisiken -- Marktbedingungen und Einflussfaktoren der Subprime-Automobilfinanzierung in Deutschland … -- Bankbetriebliche Rahmenbedingungen und Ausgestaltungsmöglichkeiten der Subprime-Automobilfinanzierung in Deutschland … schwacher Bonität. In Deutschland hingegen haben sich Banken bislang von der sogenannten Subprime …

long-term economic operations, debt risks and financial risks with regard to the institutional and structural … debt, welfare reform, and the financial opening-up and stability - and explores corresponding policies, measures, and …

The financial crisis is destroying wealth but is also a remarkable opportunity to uncover the ways by which debt can be …

The Dynamics of Currency Crises -- The Mispricing of Debt - Influences of Ratings on Coordination -- Probability of … investors and the pricing of debt. In the third essay the author uses forecasts of default probabilities and implied market … Mispricing of Debt - Influences of Ratings on Coordination • Probability of Default and Precision of Information Target Groups …