vulnerability to climate change, in terms of sovereign risk, particularly for countries with low spreads and long-term debt …, which are disproportionately affected by climate change, raises significant concerns. This study shows that sovereign risk …. Countries with elevated risk levels are disproportionately vulnerable to climate change compared to their lower-risk …

determinants for sovereign recovery risk. Guided by theoretically backed hypotheses we use a sample of 102 past restructurings and …

, I find that higher temperature anomalies lower sovereign bond performances (i.e. increase sovereign risk) significantly …

is driven primarily by idiosyncratic country risk. We analyze several local and regional channels that may explain the … trading in sovereign CDS: (a) country-specific credit risk shocks, including changes in a country's credit rating and related …

risk and emphasizes its role as a long-run determinant of productivity, output, and income stability, and the likelihood of …

: (i) trend stationary or stochastic growth, (ii) risk averse competitive lenders, (iii) a strategic repayment …

, whilst removing credit risk transmission, systematically increase default risk …

credit default swaps (CDS) to determine whether they are useful tools for the measurement of the sovereign risk either … found to be the cause of the risk spreads in certain cases, although a bidirectional relationship is predominant in many … other cases. So the CDS market contains clear and highly useful information on the sovereign risk. …

, I find that higher temperature anomalies lower sovereign bond performances (i.e. increase sovereign risk) significantly …