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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Lusinyan, Lusine | en |
dc.contributor.author | Buch, Claudia M. | en |
dc.date.accessioned | 2009-01-28T14:58:52Z | - |
dc.date.available | 2009-01-28T14:58:52Z | - |
dc.date.issued | 2000 | - |
dc.identifier.uri | http://hdl.handle.net/10419/17694 | - |
dc.description.abstract | One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt. Short-term debt is typically considered to be volatile and thus a potential trigger of currency crises. In contrast to the vivid policy debate on these issues, there is relatively little theoretical and empirical evidence on the determinants of short-term debt. This paper summarizes the theoretical literature on the issue and presents a stylized theoretical model, which focuses on the risks and benefits of short-term debt under conditions of uncertainty. Empirical evidence shows that the level of economic development, the presence of financial centres, and the share of loans to banks have a positive impact on the share of short-term loans. OECD membership, in contrast, has a negative influence. | en |
dc.language.iso | eng | en |
dc.publisher | |aKiel Institute of World Economics (IfW) |cKiel | en |
dc.relation.ispartofseries | |aKiel Working Paper |x994 | en |
dc.subject.jel | F21 | en |
dc.subject.jel | F23 | en |
dc.subject.jel | G21 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | foreign debt maturity | en |
dc.subject.stw | Auslandsverschuldung | en |
dc.subject.stw | Laufzeit | en |
dc.subject.stw | Geldmarktpapier | en |
dc.subject.stw | Internationale Kapitalmobilität | en |
dc.subject.stw | Kreditrisiko | en |
dc.subject.stw | Liquide Mittel | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Sozialprodukt | en |
dc.subject.stw | Finanzplatz | en |
dc.subject.stw | Eigenkapitalvorschriften | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | Welt | en |
dc.title | Determinants of Short-Term Debt | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 859481700 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:ifwkwp:994 | en |
dc.identifier.printppn | 318130149 | en |
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