Buscar
Mostrando ítems 31-40 de 292
Risk premium on sovereign bonds and budgetary discretion vs. rules for a developing country: the case of Brazil
(2005-11-24)
Given the current stabilization policies, the Brazilian economy gives a vivid example of the impact of several factors, such as the degree of institutionalization of the budgetary and monetary policies that are followed ...
The determinants of default risk in Brazil
(ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2010)
We formulated a general unrestricted model of the Brazilian Emerging Markets Bond Index Plus (EMBI+) spreads, a proxy for the country`s default risk. Employing algorithms that perform automated model selection, we found ...
Implied hazard rates analysis through Brazilian corporate debt
(2015-08-26)
No Brasil, o mercado de crédito corporativo ainda é sub-aproveitado. A maioria dos participantes não exploram e não operam no mercado secundário, especialmente no caso de debêntures. Apesar disso, há inúmeras ferramentas ...
Reduced form vector directional quantiles
(Elsevier Inc, 2017-06)
In this paper, we develop a reduced form multivariate quantile model, using a directional quantile framework. The proposed model is the solution to a collection of directional quantile models for a fixed orthonormal basis, ...
Medición del riesgo de default para empresas del índice COLCAP de la bolsa de valores de Colombia
(Bogotá - Ciencias Económicas - Maestría en AdministraciónEscuela de Administración y Contaduría PúblicaUniversidad Nacional de Colombia - Sede Bogotá, 2020-02-12)
El Riesgo de Default abarca las pérdidas incurridas por el acreedor de una operación financiera, debido a que la contraparte o deudor de dicha operación incumple compromisos de pago, este riesgo se calcula por métodos ...
International bank guarantees in globalized world: the financial, comercial, legal and political risks of international trade transactions
(2018)
This thesis discusses the financial, commercial, political and legal risks of international trade operations involving International Bank Guarantees. It starts by defining the most usual international trade instruments ...
Rollover risk, cash holdings and credit spreads: An empirical research
(Universidad de Chile, 2017)
The recent financial crisis from 2008-09 brought with it a lot of consequences. One of these correspond to the notorious growth in the spread of corporate bonds. According to the literature, the principal factors that ...
Country Risk: An Empirical Approach to Estirnate the Probability of Default in Emergent markets'
(Pontificia Universidad Católica del Perú. Fondo EditorialPE, 2018)
Determinantes dos spreads de emissão das debêntures no mercado brasileiro: o impacto das garantias
(2019-08-02)
O objetivo deste trabalho foi o de analisar os determinantes da taxa de remuneração das debêntures no mercado brasileiro com ênfase no impacto das garantias. As garantias são inseridas nas emissões de debêntures como uma ...
Credit Derivatives Pricing in BrazilApreçando Derivativos de Crédito no Brasil
(Lociedade Brasileira de Finanças, 2004)