2023 - SEPT skills - Thesis topics FINAL.pdf
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… (un)sustainability. The topic of this thesis proposal is to develop an economic foundation to support the assessment of sovereign debt sustainability. In particular, the Merton model uses the concept of a distance-to-default model in the context of company credit risk, making use of balance sheet information. This thesis topic seeks to adopt a Merton model a-like application for countries. In the empirical part of the thesis the model is to be empirically tested for a country of your choice. … More specifically, by diversifying their risks, financial institutions reduce their own probability of failure. However, if many banks decrease their risks in comparable fashion, then the likelihood of multiple failures (systemic risk) may increase. Whereas the Beale et al. (2001) paper mainly provides a theoretical analysis of this apparent trade off (and resulting policy dilemma), the aim of the current research project is to provide more empirical evidence by calculating different proxies of … communication channel (direct, via employer, …; online, offline, social media, …) and timing (life events) interventions - emotional triggers - design of default options and products - as well as big data approaches (data and text mining). Therefore, contact Dr. Thomas Post well in advance before the thesis skill period to discuss and narrow down a concrete topic. Title: Heuristics and Financial Product Valuation Supervisor: Thomas Post (t.post@maastrichtuniversity.nl) Short text: Starting Date: …