The Dynamic Implications of Debt Relief for Low-Income Countries /

The Dynamic Implications of Debt Relief for Low-Income Countries /

The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with a minimum consumption requirement and an endogenous relief probability, we show that...

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Dades bibliogràfiques
Autor principal:	Bulir, Ales
Altres autors:	Rodriguez-Delgado, Jose Daniel, Romero-Barrutieta, Alma
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2011.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2011/157
Accés en línia:	Full text available on IMF

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