Showing 1 - 10 of 385
The aim of this paper is to evaluate the efficiency, using data envelopment analysis, in eurobond issues fixed rate in the period 2004-2012, assessing the impact of the financial crisis in that market. Following the development of a database consisting of 1,999 Eurobonds, the results show that...
Persistent link: https://www.econbiz.de/10011946708
A tool that has been widely used to identify the state of financial conditions in a country are the financial conditions indexes, since they synthesize information from different variables in a single indicator allowing to identify the general behavior of financial conditions in a timely and...
Persistent link: https://www.econbiz.de/10011445077
In this paper, we explore the impact of the COVID-19 pandemic on the credit risk of large European companies. We selected corporations belonged to the EuroStoxx 50 Index and whose CDS (Credit Default Swap) may be found in the iTraxx Europe Index. Then we applied the methodology of event studies...
Persistent link: https://www.econbiz.de/10014494509
This paper tests the existence of financial contagion between US and Latin America stock markets based on the analysis of pattern of the correlation coefficients during crisis and stable periods. The study applies a dynamic conditional correlation multivariate GARCH model to estimate...
Persistent link: https://www.econbiz.de/10014494541
A tool that has been widely used to identify the state of financial conditions in a country are the financial conditions indexes, since they synthesize information from different variables in a single indicator allowing to identify the general behavior of financial conditions in a timely and...
Persistent link: https://www.econbiz.de/10011337615
Spanish Abstract: El propósito de este trabajo es analizar el impacto que la emisión de ADR no patrocinados, que no es decidida por la empresa sino por inversores estadounidenses, tiene sobre el valor de la empresa y si tiene consecuencias en la volatilidad de sus precios y en la actividad...
Persistent link: https://www.econbiz.de/10012970618
This paper tests the existence of financial contagion between US and Latin America stock markets based on the analysis of pattern of the correlation coefficients during crisis and stable periods. The study applies a dynamic conditional correlation multivariate GARCH model to estimate...
Persistent link: https://www.econbiz.de/10012260195
The aim of this paper is to evaluate the efficiency, using data envelopment analysis, in eurobond issues fixed rate in the period 2004-2012, assessing the impact of the financial crisis in that market. Following the development of a database consisting of 1,999 Eurobonds, the results show that...
Persistent link: https://www.econbiz.de/10011846758
In this paper, we explore the impact of the COVID-19 pandemic on the credit risk of large European companies. We selected corporations belonged to the EuroStoxx 50 Index and whose CDS (Credit Default Swap) may be found in the iTraxx Europe Index. Then we applied the methodology of event studies...
Persistent link: https://www.econbiz.de/10014451841
Spanish Abstract: El objetivo del presente trabajo es analizar la reacción de los mercados de valores mundiales ante algunos sucesos extremos que se derivan de los efectos relacionados con el cambio climático: los récords de concentraciones de GEI, los años más cálidos registrados desde la...
Persistent link: https://www.econbiz.de/10014261122