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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.
| Cote: | Libro Electrónico |
|---|---|
| Auteurs principaux: | , |
| Format: | Électronique eBook |
| Langue: | Inglés |
| Publié: |
[Washington, D.C.] :
International Monetary Fund, Research Dept.,
©2006.
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| Collection: | IMF working paper ;
WP/06/144. |
| Sujets: | |
| Accès en ligne: | Texto completo |