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...

詳細記述

書誌詳細
第一著者: Kozack, Julie
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2005.
シリーズ:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2005/009
オンライン・アクセス:Full text available on IMF