characteristics on personal finances. - Personal Finance ; Financial Strain ; Debt ; Behaviour ; Financial Literacy …

This paper explains why domestic debt composition in emerging economies is risky. It carries out an analysis of the … domestic debt composition, which encompasses maturity mismatches, rollover risk and interest payment contingency. The paper … inflation is lofty, the debt service-to-GDP ratio high, the slope of the yield curve inverted and the investor base narrow …

- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …

We study the relationship between debt and growth in EU countries in the years 1995-2015. We investigate the debt … relationship between public debt and long-run growth across EU countries. However, the more immediate impact of private sector debt … on growth is found to be negative, and positive for the public sector debt. We find no conclusive evidence for a common …

In most euro area countries, the monetary/fiscal policy mix is responsible for the changing history of debt and … simulations reveal that the PM/AF regime in France led to price volatility and debt stabilisation, while the AM/PF regime resulted … in disinflation and rising debt trajectory. Meanwhile, Italy's procyclical fiscal policy in downturns contributed to …

volatility risk, for dollar, euro and pound rates at a daily frequency, between October 1998 and August 2006. The measurement of … objective probability measure. Results show that especially between September 2001 and mid-2003 dollar implieds were embodying a … structure, more evident for dollar and euro rates than for pound rates. The volatility risk premium is strongly changing through …

for a broad range of fixed income instruments such as government and nongovernment instruments in the US dollar and …