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Non-performing debt recovery : effects of the Greek crisis

Marouli, A. Z.; Caloghirou, Yannis; Giannini, E. N. - In: International journal of banking, accounting and finance 6 (2015) 1, pp. 21-36

Persistent link: https://www.econbiz.de/10011573582

Sovereign debt standstills

Hatchondo, Juan Carlos; Martinez, Leonardo; Sosa … - 2020

default model. We find that a one-year standstill generates welfare gains for the sovereign equivalent to a permanent … consumption increase of between 0.1% and 0.3%, depending on the initial shock. However, except when it avoids a default, the …

Persistent link: https://www.econbiz.de/10012486150

Effectiveness of debt modification system in Korea

Lee, Kye Moon; Yi, Junesuh - In: Journal of derivatives and quantitative studies 31 (2023) 4, pp. 262-277

This study aims to examine the effectiveness of the debt modification system (DMS) in Korea. We find that DMS does have a positive effect in increasing the credit scores and annual income of DMS users. We also find that a debt management plan (DMP) is more effective in raising credit scores than...

Persistent link: https://www.econbiz.de/10014429285