Cargando…
Sovereign insurance and program design : what is optimal for the sovereign? /
The design of the optimal sovereign insurance contract is analyzed when: the sovereign chooses the contract; effort is not contractible; shocks are of uncertain magnitude; the sovereign can save; and the sovereign can default. Under these conditions: i) an ex ante premium leads to higher coverage; i...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autores Corporativos: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, IMF Institute,
2006.
|
| Colección: | IMF working paper ;
WP/06/64. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn694141232 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 061002s2006 dcua ob i000 0 eng d | ||
| 040 | |a E7B |b eng |e pn |c E7B |d OCLCQ |d CBT |d IDEBK |d OCLCO |d OCLCQ |d OCLCE |d DKDLA |d VT2 |d EBLCP |d DEBSZ |d OCLCQ |d CUS |d LOA |d OCLCQ |d MERUC |d COCUF |d MOR |d PIFAG |d ZCU |d OCLCQ |d OCLCO |d U3W |d OCLCF |d STF |d WRM |d CEF |d NRAMU |d ICG |d CUS |d AU@ |d OCLCQ |d OCLCO |d WYU |d OCLCA |d DKC |d OCLCQ |d UX1 |d HS0 |d UWK |d ADU |d OCLCQ |d UKCRE |d BOL |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 647638350 |a 764537212 |a 805508134 |a 817800546 |a 885507988 |a 961524626 |a 962627485 |a 966182924 |a 975210505 |a 975241639 |a 988528512 |a 991939768 |a 1017998397 |a 1037913235 |a 1038603842 |a 1041881190 |a 1044381317 |a 1045520157 |a 1055313232 |a 1056439326 |a 1058831109 |a 1060836027 |a 1065725256 |a 1075555818 |a 1080177533 |a 1081247648 |a 1101725129 |a 1103547133 |a 1107342262 |a 1107343697 |a 1109067374 |a 1110310756 |a 1113290647 |a 1114431305 |a 1119078532 |a 1153479949 |a 1202544589 |a 1228612889 | ||
| 020 | |a 128351558X | ||
| 020 | |a 9781283515580 | ||
| 020 | |a 9781451908602 | ||
| 020 | |a 1451908601 |q (E-Book) | ||
| 020 | |a 1462312489 | ||
| 020 | |a 9781462312481 | ||
| 020 | |a 145278647X | ||
| 020 | |a 9781452786476 | ||
| 020 | |a 9786613828033 | ||
| 020 | |a 6613828033 | ||
| 024 | 8 | |a 10.5089/9781451908602.001 | |
| 029 | 1 | |a AU@ |b 000053027958 | |
| 029 | 1 | |a DEBBG |b BV044086333 | |
| 029 | 1 | |a DEBSZ |b 449526607 | |
| 029 | 1 | |a NZ1 |b 13864935 | |
| 035 | |a (OCoLC)694141232 |z (OCoLC)647638350 |z (OCoLC)764537212 |z (OCoLC)805508134 |z (OCoLC)817800546 |z (OCoLC)885507988 |z (OCoLC)961524626 |z (OCoLC)962627485 |z (OCoLC)966182924 |z (OCoLC)975210505 |z (OCoLC)975241639 |z (OCoLC)988528512 |z (OCoLC)991939768 |z (OCoLC)1017998397 |z (OCoLC)1037913235 |z (OCoLC)1038603842 |z (OCoLC)1041881190 |z (OCoLC)1044381317 |z (OCoLC)1045520157 |z (OCoLC)1055313232 |z (OCoLC)1056439326 |z (OCoLC)1058831109 |z (OCoLC)1060836027 |z (OCoLC)1065725256 |z (OCoLC)1075555818 |z (OCoLC)1080177533 |z (OCoLC)1081247648 |z (OCoLC)1101725129 |z (OCoLC)1103547133 |z (OCoLC)1107342262 |z (OCoLC)1107343697 |z (OCoLC)1109067374 |z (OCoLC)1110310756 |z (OCoLC)1113290647 |z (OCoLC)1114431305 |z (OCoLC)1119078532 |z (OCoLC)1153479949 |z (OCoLC)1202544589 |z (OCoLC)1228612889 | ||
| 037 | |b 00013468 | ||
| 042 | |a dlr | ||
| 050 | 4 | |a HG8054.5 |b .M47 2006eb | |
| 049 | |a UAMI | ||
| 100 | 1 | |a Messmacher, Miguel, |e author. | |
| 245 | 1 | 0 | |a Sovereign insurance and program design : |b what is optimal for the sovereign? / |c prepared by Miguel Messmacher. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, IMF Institute, |c 2006. | ||
| 300 | |a 1 online resource (28 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 340 | |g polychrome. |2 rdacc |0 http://rdaregistry.info/termList/RDAColourContent/1003 | ||
| 347 | |a text file |2 rdaft |0 http://rdaregistry.info/termList/fileType/1002 | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/06/64 | |
| 500 | |a "March 2006." | ||
| 504 | |a Includes bibliographical references. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a The design of the optimal sovereign insurance contract is analyzed when: the sovereign chooses the contract; effort is not contractible; shocks are of uncertain magnitude; the sovereign can save; and the sovereign can default. Under these conditions: i) an ex ante premium leads to higher coverage; ii) the premium increases with the sovereign's incentive to take risks; iii) a deductible is chosen to limit moral hazard; iv) the deductible-to-support ratio is decreasing with the size of the realized shock; and v) the change in the choice of savings when insurance is available is ambiguous, as there is a trade-off between inducing higher effort and increasing the likelihood of default. | ||
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. MORAL HAZARD AND SOVEREIGN INSURANCE -- III. BASIC MODEL STRUCTURE AND THE ROLE OF INSURANCE -- IV. AN ALTRUISTIC INSURER -- V. DEFAULT BY THE COUNTRY -- VI. CONCLUSIONS -- VII. DERIVATION OF THE RESULTS -- REFERENCES | |
| 546 | |a English. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 610 | 2 | 0 | |a International Monetary Fund. |
| 610 | 2 | 6 | |a Fonds monétaire international. |
| 610 | 2 | 7 | |a International Monetary Fund |2 fast |
| 650 | 0 | |a Insurance |x Econometric models. | |
| 650 | 0 | |a Moral hazard |x Econometric models. | |
| 650 | 0 | |a International finance |x Econometric models. | |
| 650 | 6 | |a Assurance |x Modèles économétriques. | |
| 650 | 6 | |a Risque moral |x Modèles économétriques. | |
| 650 | 6 | |a Finances internationales |x Modèles économétriques. | |
| 650 | 7 | |a Insurance |x Econometric models |2 fast | |
| 650 | 7 | |a International finance |x Econometric models |2 fast | |
| 710 | 2 | |a International Monetary Fund. | |
| 710 | 2 | |a IMF Institute. | |
| 758 | |i has work: |a Sovereign insurance and program design (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGCRcvWxvJjDTqRGFT39fy |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Messmacher, Miguel. |t Sovereign insurance and program design. |d [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2006 |w (OCoLC)74114141 |
| 830 | 0 | |a IMF working paper ; |v WP/06/64. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014528 |z Texto completo |
| 936 | |a BATCHLOAD | ||
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL3014528 | ||
| 938 | |a ebrary |b EBRY |n ebr10380911 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n 382803 | ||
| 994 | |a 92 |b IZTAP | ||