Measuring and Analyzing Sovereign Risk with Contingent Claims /
This paper develops a comprehensive new framework to measure and analyze sovereign risk. Since traditional macroeconomic vulnerability indicators and accounting-based measures do not address risk in a comprehensive and forward-looking way, the contingent claims approach is used to construct a marked...
Main Author: | |
---|---|
Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2005.
|
Series: | IMF Working Papers; Working Paper ;
No. 2005/155 |
Online Access: | Full text available on IMF |