Break-even maturity as a guide to financial distress
During the recent crisis, lags in the transmission mechanism of economic shocks, together with monetary and fiscal policy, made it difficult to assess the evolving dynamics of creditworthiness. As such, developments in financial markets became a key guide for investors and policymakers in determinin...
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| Format: | Article |
| Language: | English |
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University of Economics and Human Sciences in Warsaw
2014-12-01
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| Series: | Contemporary Economics |
| Online Access: | http://ce.vizja.pl/en/download-pdf/id/379 |