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provide empirical evidence of the self-serving use of toxic loans by politicians. We begin by showing that structured loans account for more than 20% of all outstanding debt. More than 72% of the l...

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The Risk-Shifting Hypothesis: Evidence from - Berkeley-Haas

Opportunities Funds Commentary

Any attempt by a politician to tell the truth about indebtedness will result in the problem’s being laid at the feet of the current leadership, however blameless it might be. Also, we have no short...

A Model of Prepayment for the French Residential Loan - Maths-Fi

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International Borrowing, Capital Controls, and the Exchange Rate

Tontines, Public Finance, and Revolution in France

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Which Countries Can Implement the Danish Flexicurity Model?