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.

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Marion, Nancy
مؤلفون آخرون: Flood, Robert
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/144
الوصول للمادة أونلاين:Full text available on IMF