Search Results
You are looking at 1 - 10 of 50 items :
- Keyword: claims x
- IMF Working Papers x
Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors »
Source: Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors
Volume/Issue: 1990/88
Series: IMF Working Papers
Author(s): Leonardo Bartolini , and Avinash Dixit
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1990
ISBN: 9781451952629
Keywords: claims, claim, repayment capacity, debt renegotiation
We develop a formula for the market value of debt when the borrower’s repayment capacity varies stochastically, and shortfalls are rolled over. The value of a marginal dollar of nominal claim is an S-shaped...
The Evaluation of Debt Exchanges »
Source: The Evaluation of Debt Exchanges
Volume/Issue: 1990/9
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1990
ISBN: 9781451927085
Keywords: claims, debt reduction, claim, contractual obligations, net debt
An approach is presented for analyzing debt-for-debt exchanges from the perspective of the exchange’s impact on the country’s contractual obligations and from the perspective of the creditors whose pa...
Recording Insurance Transactions in the Balance of Payments1/ »
Source: Recording Insurance Transactions in the Balance of Payments
Volume/Issue: 1995/72
Series: IMF Working Papers
Author(s): Peter Harper
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 1995
ISBN: 9781451849288
Keywords: claims, life insurance, policyholders, insurance transactions
Insurance enterprises provide services, called insurance services, to policyholders. The values of such services are seldom, if ever, directly apparent; rather these values are implicitly entwined within the paymen...
Foreign Banks in the CESE Countries »
Source: Foreign Banks in the CESE Countries : In for a Penny, in for a Pound?
Volume/Issue: 2009/54
Series: IMF Working Papers
Author(s): Li Ong , and Andrea Maechler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2009
ISBN: 9781451872026
Keywords: Contagion, cross-border claims, home, host, local affiliates of foreign banks, claims, bank claims, bank for international settlements, banking sector,
The aim of this paper is to construct a comprehensive and consistent dataset to analyze the potential risks from foreign bank lending, for both the creditor and borrower countries of Central, Eastern and South-East...
Countercyclical Macro Prudential Policies in a Supporting Role to Monetary Policy »
Source: Countercyclical Macro Prudential Policies in a Supporting Role to Monetary Policy
Volume/Issue: 2009/257
Series: IMF Working Papers
Author(s): Papa N'Diaye
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2009
ISBN: 9781451874037
Keywords: macro prudentials, contingent claim analysis, aggregate demand, monetary fund,
This paper explores how prudential regulations can support monetary policy in reducing output fluctuations while maintaining financial stability. It uses a new framework that blends a standard model for monetary po...
Bilateral Financial Linkages and Global Imbalances »
Source: Bilateral Financial Linkages and Global Imbalances : a View on The Eve of the Financial Crisis
Volume/Issue: 2010/257
Series: IMF Working Papers
Author(s): Gian Milesi-Ferretti , Natalia Tamirisa , and Francesco Strobbe
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2010
ISBN: 9781455209576
Keywords: International financial integration, claims, fdi, portfolio investment, foreign exchange reserves,
We present a novel and comprehensive dataset of bilateral gross and net external positions in various financial instruments for the main advanced and emerging economies and regions, designed to improve our understa...
Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal »
Source: Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal
Volume/Issue: 2015/279
Series: IMF Working Papers
Author(s): Sebastiaan Pompe , and Wolfgang Bergthaler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 December 2015
ISBN: 9781498387989
Keywords: judicial reform, civil and commercial claims enforcement, macro-criticality, courts, enforcement, claims, debt, credit, investment, General
This paper discusses the recent major reforms in the area of civil and commercial claims enforcement undertaken by the Portuguese authorities in the context of the IMF/EU-supported adjustment program. The economic...
The Contingent Claims Approach to Corporate Vulnerability Analysis »
Source: The Contingent Claims Approach to Corporate Vulnerability Analysis : Estimating Default Risk and Economy-Wide Risk Transfer
Volume/Issue: 2004/121
Series: IMF Working Papers
Author(s): Yingbin Xiao , Dale Gray , Cheng Lim , and Michael Gapen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2004
ISBN: 9781451854411
Keywords: Contingent claims approach, Corporate sector vulnerability, financial sector, option pricing, capital markets, hedging, international capital markets, Contigent claims approach,
In this paper, we examine the ability of the contingent claims approach (CCA) to identify corporate sector and economy-wide vulnerabilities. We apply the Moody's MfRisk model, which uses aggregated CCA principles,...
Factor Model for Stress-testing with a Contingent Claims Model of the Chilean Banking System »
Source: Factor Model for Stress-testing with a Contingent Claims Model of the Chilean Banking System
Volume/Issue: 2008/89
Series: IMF Working Papers
Author(s): Dale Gray , and James Walsh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2008
ISBN: 9781451869507
Keywords: contingent claims analysis, factor model, VAR, probability, banking, probabilities, probability of default, correlation,
This paper derives risk indicators for the major Chilean banks based on contingent claims analysis, an extension of Black-Scholes-Merton option-pricing theory. These risk indicators are clearly tied to macroeconomi...
From Subprime Loans to Subprime Growth? Evidence for the Euro Area »
Source: From Subprime Loans to Subprime Growth? Evidence for the Euro Area
Volume/Issue: 2009/69
Series: IMF Working Papers
Author(s): Martin Cihak , and Petya Koeva Brooks
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2009
ISBN: 9781451872163
Keywords: linkages, contingent claims approach, bond, bank lending, corporate bond, bank loan,
The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro area, finding tha...