International Debt and the Price of Domestic Assets /

This paper examines the behavior of indebtedness, consumption, and asset prices in a small open economy in which the foreign real interest rate depends not only on an exogenous world interest rate and on indebtedness, but also on the value of the capital stock, viewed as an implicit 'collateral...

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Bibliografiske detaljer
Hovedforfatter: Garcia-Saltos, Roberto
Andre forfattere: Auernheimer, Leonardo
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2000.
Serier:IMF Working Papers; Working Paper ; No. 2000/177
Online adgang:Full text available on IMF

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