Considerations in the Choice of the Appropriate Discount Rate for Evaluating Sovereign Debt Restructurings /

Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by comparisons of the net present value of debt service before and after the restructuring. These calculations are inherently sensitive to the choice of discount rate. This paper explores issues that arise...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Kozack, Julie
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2005.
סדרה:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/009
גישה מקוונת:Full text available on IMF