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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Dooley, Michael
अन्य लेखक: Stone, Mark
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 1992.
श्रृंखला:IMF Working Papers; Working Paper ; No. 1992/057
ऑनलाइन पहुंच:Full text available on IMF