Sovereign default: theory and evidence

Nevola, Federico Armando (A.A. 2019/2020) Sovereign default: theory and evidence. Tesi di Laurea in Asset pricing, Luiss Guido Carli, relatore Nicola Borri, pp. 92. [Master's Degree Thesis]

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Sovereign default: categories and definitions. Rating agencies definitions. Sovereign default taxonomy. Official lending and default. Sovereign default: the big picture. Literature review on sovereign default. Lending to sovereigns and sovereign immunity. Is sovereign borrowing countercyclical? When do countries default? The model. The model economy. The default. Case of perpetual financial autarky. Risky lending and risky borrowing. Matlab simulation. Value function iteration. Business cycle simulation.


Bibliografia: pp. 67-70.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair: Asset pricing
Thesis Supervisor: Borri, Nicola
Thesis Co-Supervisor: Reichlin, Pietro
Academic Year: 2019/2020
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 14 May 2021 08:39
Last Modified: 14 May 2021 08:39


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