[PDF] Top 20 The Impact of Foreign Currency Debt on Credit Risk

... panel of 62 countries 1 covering the years 2000-2014. 2 The dependent variable is the ratio of non-performing loans to total (gross) ...Among the most commonly used definitions ... See full document

... verify the validity of the approach, all estimations include the Arellano-Bond test for autocorrelation of order one and two (Arellano and Bond, ...Basically, the differenced ... See full document

... manage risk on a daily basis as a matter of their business ...consequence of this, their activity must depend on accurate internal risk ...greater impact in the ... See full document

... raises the cost of imported inputs, leading to a decrease in aggregate ...raise the domestic interest rate and wages level through an increase in the price ...decrease the aggregate ... See full document

... aspects of an optimum currency area. Our focus is to appraise the welfare of a country heavily dependent on foreign capital that may suffer a speculative attack on its ... See full document

... aspect of the external debt's ...devaluations of the own currency heavily increase the price of essential import ...that the artificially maintained high ... See full document

... Understanding the patterns and motivations of mergers and acquisitions between companies from different countries is an important study topic that only recently has attracted more attention from scholars ... See full document

... indicators of the cost of capital at which developing countries can gain access to international financial ...measure of a country’s default risk and to assess the potential ... See full document

... determining the HUF value of assets and liabilities denominated in foreign currencies, instead of the average of the buying and selling rate of foreign ... See full document

... Today, foreign currency sales, purchases, and borrowing and lending transactions are a regular ...occurrence. Foreign currency luctuations change the domestic currency value ... See full document

... around the world respond to the crisis in comparison to local ...perform, on average, better than local competitors. The authors focus on the role of foreign direct ... See full document

... types of imbalance of distinct intensity: a run on the reserves and the currency whose origin is exogenous to the foundations of the domestic economy – ... See full document

... focused on the motive beyond risk management and its ...some of the motives such as a managerial self interest, the cost of financial distress, a non-linearity of ... See full document

... This side makes a point for nominal debt, if government expenditures are positively correlated with the rate of inflation; and/or a point for foreign-currency indexed debt, i[r] ... See full document

... analyses the as-cast state structure of chromium cast iron designed for operation under harsh impact-abrasive ...In the process of chromium iron castings manufacture, very strong ... See full document

... in the range of variability of each parameter there are 4 points ...(p=4). The number of simulation needed to be conducted depends on the number of the ... See full document

... concept of probability appears as a consequence of the existent incertitude in the environment where an entity develops its ...evaluate the degree of incertitude afferent to ... See full document

... In the quality assurance system for components cast using the lost wax method, the object of evaluation is the grain size on the surface of the ...evaluating ... See full document

... „Credit pentru studii” – BANCPOST se acordă pentru plata taxelor de înscriere la o formă de învă ământ, pregătirea pentru anumite func ii sau stagii de formare profesional ă, atât pentru debitor cât şi pentru un ... See full document

... In the second Habitat Summit in Istanbul, in definition of proper housing several cases such as access to appropriate and comfort space, adequate security, property security, stability and durability ... See full document