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...
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| מחברים אחרים: | |
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
1992.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 1992/057 |
| גישה מקוונת: | Full text available on IMF |