Download or read book American Default written by Sebastian Edwards and published by Princeton University Press. This book was released on 2019-09-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The untold story of how FDR did the unthinkable to save the American economy.
Download or read book Status of National Direct Student Loan Defaults as of June 30 written by and published by . This book was released on with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Student Loan Defaults the Belmont Task Force Report written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education and published by . This book was released on 1988 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defaults in Morphological Theory written by Nikolas Gisborne and published by Oxford University Press. This book was released on 2017 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters in this volume describe morphology using four different frameworks that have an architectural property in common: they all use defaults as a way of discovering and presenting systematicity in the least systematic component of grammar. These frameworks - Construction Morphology, Network Morphology, Paradigm-function Morphology, and Word Grammar - display key differences in how they constrain the use and scope of defaults, and in the morphological phenomena that they address. An introductory chapter presents an overview of defaults in linguistics and specifically in morphology. In subsequent chapters, key proponents of the four frameworks seek to answer questions about the role of defaults in the lexicon, including: Does a defaults-based account of language have implications for the architecture of the grammar, particularly the proposal that morphology is an autonomous component? How does a default differ from the canonical or prototypical in morphology? Do defaults have a psychological basis? And how do defaults help us understand language as a sign-based system that is flawed, where the one to one association of form and meaning breaks down in the morphology?
Download or read book Reasons as Defaults written by John F. Horty and published by OUP USA. This book was released on 2012-04-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, John Horty brings to bear his work in logic to present a framework that allows for answers to key questions about reasons and reasoning, namely: What are reasons, and how do they support actions or conclusions?
Download or read book Serial Sovereign Defaults and Debt Restructurings written by Mr.Tamon Asonuma and published by International Monetary Fund. This book was released on 2016-03-21 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging countries that have defaulted on their debt repayment obligations in the past are more likely to default again in the future than are non-defaulters even with the same external debt-to-GDP ratio. These countries actually have repeated defaults or restructurings in short periods. This paper explains these stylized facts within a dynamic stochastic general equilibrium framework by explicitly modeling renegotiations between a defaulting country and its creditors. The quantitative analysis of the model reveals that the equilibrium probability of default for a given debt-to-GDP level is weakly increasing with the number of past defaults. The model also accords with an additional fact: lower recovery rates (high NPV haircuts) are associated with increases in spreads at renegotiation.
Download or read book Defaults in the Federal Guaranteed Student Loan Programs written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education and published by . This book was released on 1988 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why Not Default written by Jerome E. Roos and published by Princeton University Press. This book was released on 2019-02-12 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: How creditors came to wield unprecedented power over heavily indebted countries—and the dangers this poses to democracy The European debt crisis has rekindled long-standing debates about the power of finance and the fraught relationship between capitalism and democracy in a globalized world. Why Not Default? unravels a striking puzzle at the heart of these debates—why, despite frequent crises and the immense costs of repayment, do so many heavily indebted countries continue to service their international debts? In this compelling and incisive book, Jerome Roos provides a sweeping investigation of the political economy of sovereign debt and international crisis management. He takes readers from the rise of public borrowing in the Italian city-states to the gunboat diplomacy of the imperialist era and the wave of sovereign defaults during the Great Depression. He vividly describes the debt crises of developing countries in the 1980s and 1990s and sheds new light on the recent turmoil inside the Eurozone—including the dramatic capitulation of Greece’s short-lived anti-austerity government to its European creditors in 2015. Drawing on in-depth case studies of contemporary debt crises in Mexico, Argentina, and Greece, Why Not Default? paints a disconcerting picture of the ascendancy of global finance. This important book shows how the profound transformation of the capitalist world economy over the past four decades has endowed private and official creditors with unprecedented structural power over heavily indebted borrowers, enabling them to impose painful austerity measures and enforce uninterrupted debt service during times of crisis—with devastating social consequences and far-reaching implications for democracy.
Download or read book Beyond Defaults written by and published by . This book was released on 1991 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of the Attorney General of the State of California written by California. Office of the Attorney General and published by . This book was released on 1919 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Sovereign Debt and Default written by Mark Aguiar and published by Princeton University Press. This book was released on 2021-12-21 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: An integrated approach to the economics of sovereign default Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets, and proposing sensible approaches to sovereign debt management. The Economics of Sovereign Debt and Default looks at the core friction unique to sovereign debt—the lack of strong legal enforcement—and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to “dilute” existing creditors, and sovereign debt’s distortion of investment and growth. The book uses the tractable framework to isolate how each additional friction affects the equilibrium outcome, and illustrates its counterpart using state-of-the-art computational modeling. The novel approach presented here contrasts the outcome of a constrained efficient allocation—one chosen to maximize the joint surplus of creditors and government—with the competitive equilibrium outcome. This allows for a clear analysis of the extent to which equilibrium prices efficiently guide the government’s debt and default decisions, and of what drives divergences with the efficient outcome. Providing an integrated approach to sovereign debt and default, this incisive and authoritative book is an ideal resource for researchers and graduate students interested in this important topic.
Download or read book Measuring Corporate Default Risk written by Darrell Duffie and published by OUP Oxford. This book was released on 2011-06-23 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, based on the author's Clarendon Lectures in Finance, examines the empirical behaviour of corporate default risk. A new and unified statistical methodology for default prediction, based on stochastic intensity modeling, is explained and implemented with data on U.S. public corporations since 1980. Special attention is given to the measurement of correlation of default risk across firms. The underlying work was developed in a series of collaborations over roughly the past decade with Sanjiv Das, Andreas Eckner, Guillaume Horel, Nikunj Kapadia, Leandro Saita, and Ke Wang. Where possible, the content based on methodology has been separated from the substantive empirical findings, in order to provide access to the latter for those less focused on the mathematical foundations. A key finding is that corporate defaults are more clustered in time than would be suggested by their exposure to observable common or correlated risk factors. The methodology allows for hidden sources of default correlation, which are particularly important to include when estimating the likelihood that a portfolio of corporate loans will suffer large default losses. The data also reveal that a substantial amount of power for predicting the default of a corporation can be obtained from the firm's "distance to default," a volatility-adjusted measure of leverage that is the basis of the theoretical models of corporate debt pricing of Black, Scholes, and Merton. The findings are particularly relevant in the aftermath of the financial crisis, which revealed a lack of attention to the proper modelling of correlation of default risk across firms.
Download or read book Daddy by Default written by Pat Tucker and published by Simon and Schuster. This book was released on 2012-09-25 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Roxanne's husband, Parker Redman, is shocked when he's arrested for delinquent child support, especially since the devoted husband hasn't fathered any children. The Parkers' best friends, James and Serena, are in the final stages of a bitter divorce. Just when James thinks his nightmare is over, he learns his daughter has a different daddy. For the love of money, single mom Lachez Baker is a ghetto-fabulous mother of three who seems to have it all, thanks to money from her children's fathers. But soon, her life of designer clothes, endless parties, and steady cash collides with the man who's been the target of her carefully crafted paternity fraud. From author Pat Tucker comes a drama-filled tale of lies, schemes and consequences as these men discover the importance of knowing the paternity laws in your state.
Download or read book Reports of Cases Argued and Determined in the Supreme Court of Louisiana written by Louisiana. Supreme Court and published by . This book was released on 1878 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cyclopedia of Law and Procedure written by William Mack and published by . This book was released on 1913 with total page 2534 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pluralism by Default written by Lucan Way and published by Johns Hopkins University Press+ORM. This book was released on 2015-12-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Pluralism by Default will change the way we understand the emergence of democracies and the consolidation of autocracies.” —Chrystia Freeland, author of Plutocrats Exploring sources of political contestation in the former Soviet Union and beyond, Pluralism by Default proposes that pluralism in “new democracies” is often grounded less in democratic leadership or emerging civil society and more in the failure of authoritarianism. Dynamic competition frequently emerges because autocrats lack the state capacity to steal elections, impose censorship, or repress opposition. In fact, the same institutional failures that facilitate political competition may also thwart the development of stable democracy. “A tour de force brimming with theoretical originality and effective use of in-depth case studies. It will enrich our understanding of post-communist politics and help reshape the way we think about democracy, authoritarianism, and regime change more broadly.” —M. Steven Fish, author of Democracy Derailed in Russia: The Failure of Open Politics
Download or read book The Pacific Reporter written by and published by . This book was released on 1915 with total page 1328 pages. Available in PDF, EPUB and Kindle. Book excerpt: