Sovereign Default Risk Valuation: Implications of Debt Crises and Bond Restructurings: 582 - Brossura

Libro 20 di 126: Lecture Notes in Economics and Mathematical Systems

Andritzky, Jochen

 
9783540374480: Sovereign Default Risk Valuation: Implications of Debt Crises and Bond Restructurings: 582

Sinossi

Past cycles of sovereign lending and default suggest that debt crises will recur at some point. This book shows why investors should reckon with similar credit events in the future. Surveying the sovereign bond market, the author provides investors with a useful toolkit for analyzing sovereign bonds and foreseeing trends in the international financial architecture. The result should be a better understanding of debt crises and more deliberate investment decisions.

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Contenuti

Sovereign Lending and Default.- Sovereign Restructuring.- Modeling Sovereign Default Risk.- Empirical Estimations.- Credit Default Swaps.- Conclusion.

Product Description

Book by JOCHEN ANDRITZKY

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