Items related to International Bank Lending and Country Risk

International Bank Lending and Country Risk - Hardcover

Balkan, Erol M

 
9781560721710: International Bank Lending and Country Risk
Hardcover
ISBN 10: 1560721715 ISBN 13: 9781560721710
Publisher: Nova Science Publishers Inc, 1995

Synopsis

This book focuses on borrower default. A probit model is used to estimate the probability of default/rescheduling. In most studies of country risk, political factors are omitted due to data inadequacies and difficulties involved in quantifying a number of qualitative variables. The probit model used in this book incorporates political variables, such as the level of democracy and political instability, in assessing country risk. The model also includes all the relevant economic variables. The empirical results suggest that the level of democracy and political instability are important determinants of country risk.

"synopsis" may belong to another edition of this title.

Publisher
Nova Science Publishers Inc
Publication date
1995
Language
English
ISBN 10 
1560721715
ISBN 13 
9781560721710
Binding
Hardcover
Number of pages
167