Showing 1 - 10 of 95
sheets and liquidity by raising funds from banks, bonds, and equity markets. While listed firms reduced their leverage …
Persistent link: https://www.econbiz.de/10013403279
We employ a representative sample of 80,972 Italian firms to forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown. A 3-month lockdown generates an aggregate yearly drop in profits of about 10% of GDP, and 17% of sample firms, which employ 8.8% of the sample's...
Persistent link: https://www.econbiz.de/10012260658
We employ a representative sample of 80,972 Italian firms to forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown. A 3-month lockdown generates an aggregate yearly drop in profits of about 10% of GDP, and 17% of sample firms, which employ 8.8% of the sample's...
Persistent link: https://www.econbiz.de/10012825960
We forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown, using a representative sample of 80,972 Italian firms. A 3-month lockdown entails an aggregate yearly drop in profits of about 10% of GDP and results in financial distress for 17% of the sample firms,...
Persistent link: https://www.econbiz.de/10013245220
We forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown, using a representative sample of 80,972 Italian firms. A 3-month lockdown entails an aggregate yearly drop in profits of about 10% of GDP and results in financial distress for 17% of the sample firms,...
Persistent link: https://www.econbiz.de/10012832699
We employ a representative sample of 80,972 Italian firms to forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown. A 3-month lockdown generates an aggregate yearly drop in profits of about 10% of GDP, and 17% of sample firms, which employ 8.8% of the sample's...
Persistent link: https://www.econbiz.de/10012259870
. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and … fiscal distress, and inquires how the regulation of banks' sovereign exposures in the euro area should be changed to mitigate … European banks and the tendency of EU regulators to rescue rather than resolving distressed banks, and asks to what extent the …
Persistent link: https://www.econbiz.de/10010421125
. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and … fiscal distress, and inquires how the regulation of banks' sovereign exposures in the euro area should be changed to mitigate … European banks and the tendency of EU regulators to rescue rather than resolving distressed banks, and asks to what extent the …
Persistent link: https://www.econbiz.de/10010424982
. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and … fiscal distress, and inquires how the regulation of banks’ sovereign exposures in the euro area should be changed to mitigate … European banks and the tendency of EU regulators to rescue rather than resolving distressed banks, and asks to what extent the …
Persistent link: https://www.econbiz.de/10010885021
The paper studies the determinants of international differences in household indebtedness, and inquires whether indebtedness is associated with increased “financial fragility”, as measured by the sensitivity of household arrears and insolvencies to macroeconomic shocks. It also investigates...
Persistent link: https://www.econbiz.de/10005839203