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Getting shut out of the international capital markets : it doesn't take much /

We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Flood, Robert P. (Autor), Marion, Nancy Peregrim (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Colección:IMF working paper ; WP/06/144.
Temas:
Acceso en línea:Texto completo