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Ivone S. Saerang,Herman Karamoy,Victor P. K. Lengkong
Pág. 325 - 331
This study aims to find out whether government officials understand the mechanism of social assistance and grants and its legal basis for execution to minimize fraud prior to and during the execution of regional head election in South Minahasa district a...
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Jaka Sriyana,Abdul Hakim
Pág. 68 - 72
This paper models fiscal sustainability in Indonesia using the measure of liabilities-to-asset ratio (LAR), a simple measure of a country?s balanced-sheet. It uses the approach of conditional Value-at-Risk (VaR), assuming normal or t distributions, to de...
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Fabio Pizzutilo,Francesco Calò
Pág. 905 - 909
In this paper we analyse security loan guarantees in the light of the option pricing theory. We interpret them as put options on the cash flows of a secured debt. We highlight that the value of the guarantee is always positive before a loan?s maturity an...
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Annika Westphal
This paper draws on network theory to investigate European banks? sovereign debt exposures. Banks? holdings of sovereign debt build a network of financial linkages with European countries that exhibits a long-tail distribution of node degrees. A highly c...
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