Arbeitspapier
Business Conditions and Default Risks Across Countries
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main contribution is to set up a general equilibrium model which allows us to derive sharp predictions concerning how key factors which shape a country's business and trade environment impact on the default risk of firms which operate in these environments. The predictions are in accord with readily available data.
- Sprache
-
Englisch
- Erschienen in
-
Series: BGPE Discussion Paper ; No. 98
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Trade Policy; International Trade Organizations
Economic Integration
Firm Performance: Size, Diversification, and Scope
- Thema
-
firm death
firm heterogeneity
business conditions and firm productivity
trade integration
Insolvenz
Risiko
Standortfaktor
Außenwirtschaft
Unternehmen
Produktivität
Allgemeines Gleichgewicht
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pflüger, Michael
Russek, Stephan
- Ereignis
-
Veröffentlichung
- (wer)
-
Friedrich-Alexander-Universität Erlangen-Nürnberg, Bavarian Graduate Program in Economics (BGPE)
- (wo)
-
Nürnberg
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pflüger, Michael
- Russek, Stephan
- Friedrich-Alexander-Universität Erlangen-Nürnberg, Bavarian Graduate Program in Economics (BGPE)
Entstanden
- 2011
Ähnliche Objekte (12)
Business conditions and default risks across countries
Business Conditions and Default Risks across Countries
Sovereign and Private Default Risks over the Business Cycle
Sovereign and private default risks over the business cycle
Sovereign and private default risks over the business cycle
Business tax policy under default risk
Business Tax Policy under Default Risk
Sovereign debt and incentives to default with uninsurable risks
Evaluating default policy: The business cycle matters
Business and Default Cycles for Credit Risk
Market conditions, default risk and credit spreads
Susceptibility to Default Training Options Across the Population
Business conditions and default risks across countries
Business Conditions and Default Risks across Countries
Sovereign and Private Default Risks over the Business Cycle
Sovereign and private default risks over the business cycle
Sovereign and private default risks over the business cycle
Business tax policy under default risk
Business Tax Policy under Default Risk
Sovereign debt and incentives to default with uninsurable risks
Evaluating default policy: The business cycle matters
Business and Default Cycles for Credit Risk
Market conditions, default risk and credit spreads
Susceptibility to Default Training Options Across the Population
Business conditions and default risks across countries
Business Conditions and Default Risks across Countries
Sovereign and Private Default Risks over the Business Cycle
Sovereign and private default risks over the business cycle
Sovereign and private default risks over the business cycle
Business tax policy under default risk
Business Tax Policy under Default Risk
Sovereign debt and incentives to default with uninsurable risks
Evaluating default policy: The business cycle matters
Business and Default Cycles for Credit Risk
Market conditions, default risk and credit spreads