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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Bulir, Ales
مؤلفون آخرون: Rodriguez-Delgado, Jose Daniel, Romero-Barrutieta, Alma
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2011.
سلاسل:IMF Working Papers; Working Paper ; No. 2011/157
الوصول للمادة أونلاين:Full text available on IMF