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.

Manylion Llyfryddiaeth
Prif Awdur: Marion, Nancy
Awduron Eraill: Flood, Robert
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2006.
Cyfres:IMF Working Papers; Working Paper ; No. 2006/144
Mynediad Ar-lein:Full text available on IMF