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Back of the Envelope | Economics on the back of an envelope

Economics on the back of an envelope

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Back of the Envelope | Economics on the back of an envelope | botenvelope.wordpress.com Reviews

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Economics on the back of an envelope

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Output costs of a sovereign default | Back of the Envelope

https://botenvelope.wordpress.com/2011/10/07/output-costs-of-a-sovereign-default

Back of the Envelope. Economics on the back of an envelope. What risk did sovereign bond markets price? Interest and capital market exclusion cost of a sovereign default →. Output costs of a sovereign default. October 7, 2011. Recent estimates by UBS. This graph below, shows real GDP in Argentina from 1991-2006. Between 1999 and 2002 Argentina was in a recession culminating in the triple crisis. De Paoli et al. And Furceri and Zdzienicka. Estimate the median output costs of a sovereign debt crisis ith ou...

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Back of the Envelope | Economics on the back of an envelope | Page 2

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Back of the Envelope. Economics on the back of an envelope. Newer posts →. EMU sovereigns: same rating, higher risk? September 25, 2011. A Euro area country pays a higher interest rate on its government bonds than a non-Euro area country with the same credit rating. In that sense the Credit Defaulty Swap yield corresponding to Italy’s A rating is equal to the one corresponding to Turkey’s BB rating. At least that’s what the graph below shows. Into account, while the market does. On September 15th in whic...

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September | 2011 | Back of the Envelope

https://botenvelope.wordpress.com/2011/09

Back of the Envelope. Economics on the back of an envelope. Monthly Archives: September 2011. Greek debt negotiation: is more PSI needed? September 30, 2011. The Greek debt deal contained voluntary Private Sector Involvement in the form of a menu of bond swaps offered to banks that implied a 21% haircut on the par value of Greek debt. Two days ago Merkel said this deal … Continue reading →. We’ve got the solution! But what is the problem? September 28, 2011. EMU sovereigns: same rating, higher risk?

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About | Back of the Envelope

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Back of the Envelope. Economics on the back of an envelope. This wordpress page is maintained by Michiel Bijlsma. Michiel and Jasper both work as economists at CPB. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). You are commenting using your WordPress.com account. ( Log Out. You are commenting using your Twitter account. ( Log Out. You are commenting using your Facebook account. ( Log Out. Back of the Envelope.

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October | 2011 | Back of the Envelope

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Back of the Envelope. Economics on the back of an envelope. Monthly Archives: October 2011. EU banking recapitalization needs. October 27, 2011. The EU summit yesterday decided that large European banks need 106 billion euro in additional tier 1 capital. Aim of this post is explaining how this number was constructed and why it is not a realistic estimate of the recapitalization … Continue reading →. Is financial sector growth valuable? October 26, 2011. October 17, 2011. October 7, 2011. Recent estimates...

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Back of the Envelope | Economics on the back of an envelope

Back of the Envelope. Economics on the back of an envelope. EU banking recapitalization needs. October 27, 2011. The EU summit yesterday decided that large European banks need 106 billion euro in additional tier 1 capital. Aim of this post is explaining how this number was constructed and why it is not a realistic estimate of the recapitalization need. The European Banking Authority announced. The methodology is explained and in the Q&A sheet. Some questions are answered. At first glance, this looks fine...

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