Getting Shut Out of the International Capital Markets : It Doesn't Take Much /

We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.

Opis bibliograficzny
1. autor: Marion, Nancy
Kolejni autorzy: Flood, Robert
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2006.
Seria:IMF Working Papers; Working Paper ; No. 2006/144
Dostęp online:Full text available on IMF
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245 1 0 |a Getting Shut Out of the International Capital Markets :   |b It Doesn't Take Much /  |c Nancy Marion, Robert Flood. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2006. 
300 |a 1 online resource (14 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending. 
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700 1 |a Flood, Robert. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/144 
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