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...
| Autor Principal: | |
|---|---|
| Outros autores: | , |
| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2011/157 |
| Acceso en liña: | Full text available on IMF |