We test for debt reshuffling by adapting model (10).
If the Italian Treasury were unable to find buyers for Italian sovereign bonds, said Mr Sacconi, Italy could go the way of Argentina, which defaulted in 2001.The sovereign-bond market has certainly become more testing for sellers of debt.
The first months of 2012 will be the real test: billions of euros of debt from euro-zone countries will come due and have to be refinanced, while the continentwide economy continues to slow.
It may be that rue21 can service this debt, but the issue here is going to be the first certification — the test of whether rue21's debt after the transaction exceeds the fair value of rue21.
In the first test of investors' appetite for debt since the broader downgrade, France sold 8.6 billion euros ($10.9 billion) of short-term debt securities on Monday at yields slightly lower than in the previous auction.
We use panel data models to compare the theoretical and empirical results in the literature with the Tunisian market, study the dynamic behavior of debt and test the existence of an adjustment process towards a target debt level (Shleifer and Vishny 1997; Soufeljil et al. 2016b).
Testing must be planned and executed parallel to development, feedback should be as fast as possible, and the amount of open defects should be kept into minimum to avoid the accumulation of testing debt.
If Congress passes my budget, our country would meet the key test of fiscal sustainability, with our debt declining as a share of our GDP.
We did not, however, have any test of reliability and validity for our measures of debt and empowerment.
Indeed, even for the two ratios of debt, the probability of Statistics of the test of Breush-Pagan shows that there is a problem of heteroscedasticity.
