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While the role of organizational learning in improving firms’ performance is well documented, there are still questions surrounding the dominant forces driving technological learning. This is particularly true in the electricity industry where the growth of renewable technologies has been...
Persistent link: https://www.econbiz.de/10013211318
In this paper, we use a structural credit risk model developed by Geske (1977) and generalized by Chen et al. (2014) to assess the delinquency risk of U.S. Treasury debt implied by U.S. sovereign CDS spreads. We also use the fitted structural model to determine the implied debt ceiling for the...
Persistent link: https://www.econbiz.de/10013211319