BIMSTEC, a regional grouping of South and Southeast Asian countries, is heading towards an FTA for greater economic integration. The present paper examines the ex ante effects of the iniative by adopting SMART and GTAP models. Based on estimated export supply elasticity, the results of SMART...

This work consists of two essays that investigate the pricing of credit risk in the equity and bond markets.The first essay, ?Is there a Distress Risk Anomaly? Bond Spread as a Proxy for Default Risk,? investigates the pricing of default risk in the cross section of equity returns. The...

Die EIoP ist ein referiertes, interdisziplinäres E-journal im Bereich der Forschung zur Europäischen Integration / Europaforschung. "Europäische Integration" ist dabei in einem weiten Sinne zu verstehen. Wissenschaftliche Beiträge aus allen relevanten Disziplinen, insbesondere aus den...