Endogenous Creditor Seniority and External Debt Values /

A new aggregation scheme used to measure the sources of fiscal financing of indebted countries suggests that there was a fundamental improvement in the seniority of domestic debt at the expense of foreign bank debt during the late 1980s. We argue that this was the revenue maximizing response of gove...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Dooley, Michael
Rannpháirtithe: Stone, Mark
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1992.
Sraith:IMF Working Papers; Working Paper ; No. 1992/057
Rochtain ar líne:Full text available on IMF