How Long to Read Optimal Maturity Structure of Sovereign Debt in Situation of Near Default

How Long Does it Take to Read Optimal Maturity Structure of Sovereign Debt in Situation of Near Default?

It takes the average reader and 43 minutes to read Optimal Maturity Structure of Sovereign Debt in Situation of Near Default by Gabriel Desgranges

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the relationship between default and the maturity structure of the debt portfolio of a Sovereign, under uncertainty. The Sovereign faces a trade-off between a future costly default and a high current fiscal effort. This results into a debt crisis in case a large initial issuance of long term debt is followed by a sequence of negative macro shocks. Prior uncertainty about future fundamentals is then a source of default through its effect on long term interest rates and the optimal debt issuance. Intuitively, the Sovereign chooses a portfolio implying a risk of default because this...

How long is Optimal Maturity Structure of Sovereign Debt in Situation of Near Default?

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default by Gabriel Desgranges is 43 pages long, and a total of 10,879 words.

This makes it 15% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Optimal Maturity Structure of Sovereign Debt in Situation of Near Default Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read Optimal Maturity Structure of Sovereign Debt in Situation of Near Default aloud.

What Reading Level is Optimal Maturity Structure of Sovereign Debt in Situation of Near Default?

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Optimal Maturity Structure of Sovereign Debt in Situation of Near Default?

Optimal Maturity Structure of Sovereign Debt in Situation of Near Default by Gabriel Desgranges is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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