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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Bibliographic Details
Main Author: Colin Ellis
Format: Article
Language:English
Published: VIZJA University 2014-12-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/379
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