1 resultado para AFAS (ASEAN Framework Agreement on Services)
em Universidade Técnica de Lisboa
Filtro por publicador
- JISC Information Environment Repository (1)
- Academic Research Repository at Institute of Developing Economies (7)
- Acceda, el repositorio institucional de la Universidad de Las Palmas de Gran Canaria. España (3)
- AMS Tesi di Dottorato - Alm@DL - Università di Bologna (10)
- AMS Tesi di Laurea - Alm@DL - Università di Bologna (3)
- ArchiMeD - Elektronische Publikationen der Universität Mainz - Alemanha (3)
- Archive of European Integration (207)
- Archivo Digital para la Docencia y la Investigación - Repositorio Institucional de la Universidad del País Vasco (1)
- Aston University Research Archive (14)
- Biblioteca Digital | Sistema Integrado de Documentación | UNCuyo - UNCUYO. UNIVERSIDAD NACIONAL DE CUYO. (1)
- Biblioteca Digital da Produção Intelectual da Universidade de São Paulo (16)
- Biblioteca Digital da Produção Intelectual da Universidade de São Paulo (BDPI/USP) (18)
- Biblioteca Virtual del Sistema Sanitario Público de Andalucía (BV-SSPA), Junta de Andalucía. Consejería de Salud y Bienestar Social, Spain (3)
- BORIS: Bern Open Repository and Information System - Berna - Suiça (54)
- Boston College Law School, Boston College (BC), United States (1)
- Brock University, Canada (5)
- Bucknell University Digital Commons - Pensilvania - USA (1)
- CentAUR: Central Archive University of Reading - UK (45)
- Cochin University of Science & Technology (CUSAT), India (3)
- Coffee Science - Universidade Federal de Lavras (1)
- Comissão Econômica para a América Latina e o Caribe (CEPAL) (56)
- Consorci de Serveis Universitaris de Catalunya (CSUC), Spain (23)
- CORA - Cork Open Research Archive - University College Cork - Ireland (1)
- Dalarna University College Electronic Archive (1)
- Digital Commons - Michigan Tech (2)
- Digital Peer Publishing (2)
- DigitalCommons@The Texas Medical Center (8)
- Doria (National Library of Finland DSpace Services) - National Library of Finland, Finland (34)
- Duke University (2)
- FUNDAJ - Fundação Joaquim Nabuco (1)
- Glasgow Theses Service (1)
- Institute of Public Health in Ireland, Ireland (5)
- Instituto Politécnico de Viseu (1)
- Instituto Politécnico do Porto, Portugal (9)
- Iowa Publications Online (IPO) - State Library, State of Iowa (Iowa), United States (3)
- Lume - Repositório Digital da Universidade Federal do Rio Grande do Sul (2)
- Martin Luther Universitat Halle Wittenberg, Germany (1)
- Massachusetts Institute of Technology (1)
- Memoria Académica - FaHCE, UNLP - Argentina (12)
- Ministerio de Cultura, Spain (1)
- National Center for Biotechnology Information - NCBI (2)
- Portal do Conhecimento - Ministerio do Ensino Superior Ciencia e Inovacao, Cape Verde (2)
- Publishing Network for Geoscientific & Environmental Data (6)
- QSpace: Queen's University - Canada (2)
- QUB Research Portal - Research Directory and Institutional Repository for Queen's University Belfast (2)
- Repositório Científico do Instituto Politécnico de Lisboa - Portugal (7)
- Repositório da Escola Nacional de Administração Pública (ENAP) (3)
- Repositório da Produção Científica e Intelectual da Unicamp (1)
- Repositório da Universidade Federal do Espírito Santo (UFES), Brazil (1)
- Repositorio de la Universidad de Cuenca (1)
- Repositório digital da Fundação Getúlio Vargas - FGV (10)
- Repositório Digital da UNIVERSIDADE DA MADEIRA - Portugal (1)
- Repositório Digital da Universidade Municipal de São Caetano do Sul - USCS (1)
- Repositório do Centro Hospitalar de Lisboa Central, EPE - Centro Hospitalar de Lisboa Central, EPE, Portugal (3)
- Repositório Institucional da Universidade de Brasília (1)
- Repositório Institucional da Universidade Estadual de São Paulo - UNESP (1)
- Repositorio Institucional de la Universidad de La Laguna (1)
- Repositorio Institucional de la Universidad de Málaga (1)
- Repositório Institucional UNESP - Universidade Estadual Paulista "Julio de Mesquita Filho" (63)
- Repositorio Institucional UNISALLE - Colombia (1)
- RUN (Repositório da Universidade Nova de Lisboa) - FCT (Faculdade de Cienecias e Technologia), Universidade Nova de Lisboa (UNL), Portugal (14)
- Savoirs UdeS : plateforme de diffusion de la production intellectuelle de l’Université de Sherbrooke - Canada (1)
- Scielo Saúde Pública - SP (7)
- Scottish Institute for Research in Economics (SIRE) (SIRE), United Kingdom (1)
- The Scholarly Commons | School of Hotel Administration; Cornell University Research (1)
- Universidad de Alicante (5)
- Universidad del Rosario, Colombia (23)
- Universidad Politécnica de Madrid (46)
- Universidade de Madeira (1)
- Universidade do Minho (6)
- Universidade dos Açores - Portugal (1)
- Universidade Estadual Paulista "Júlio de Mesquita Filho" (UNESP) (1)
- Universidade Federal do Pará (6)
- Universidade Federal do Rio Grande do Norte (UFRN) (8)
- Universidade Metodista de São Paulo (1)
- Universidade Técnica de Lisboa (1)
- Universitat de Girona, Spain (4)
- Universitätsbibliothek Kassel, Universität Kassel, Germany (2)
- Université de Lausanne, Switzerland (44)
- Université de Montréal (1)
- Université de Montréal, Canada (38)
- University of Connecticut - USA (2)
- University of Michigan (13)
- University of Queensland eSpace - Australia (15)
- WestminsterResearch - UK (1)
Resumo:
Interest rate sensitivity assessment framework based on fixed income yield indexes is developed and applied to two types of emerging market corporate debt: investment grade and high yield exposures. Our research advances beyond the correlation analyses focused on co- movements in yields and/or spreads of risky and risk-free assets. We show that correlation- based analyses of interest rate sensitivity could appear rather inconclusive and, hence, we investigate the bottom line profit and loss of a hypothetical model portfolio of corporates. We consider historical data covering the period 2002 – 2015, which enable us to assess interest rate sensitivity of assets during the development, the apogee, and the aftermath of the global financial crisis. Based on empirical evidence, both for investment and speculative grades securities, we find that the emerging market corporates exhibit two different regimes of sensitivity to interest rate changes. We observe switching from a positive sensitivity under the normal market conditions to a negative one during distressed phases of business cycles. This research sheds light on how financial institutions may approach interest rate risk management, evidencing that even plain vanilla portfolios of emerging market corporates, which on average could appear rather insensitive to the interest rate risk in fact present a binary behavior of their interest rate sensitivities. Our findings allow banks and financial institutions for optimizing economic capital under Basel III regulatory capital rules.