Economic Interdependence and the International Implications of Supply-Side Policies.

This paper evaluates the effect of foreign debt on investment in a heavily-indebted country, using numerical simulations of a simple rational expectations growth model. Two particular effects are distinguished. First, the effect due to 'debt overhang' of past accumulated debts; and second,...

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מחבר תאגידי: International Monetary Fund
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1989.
סדרה:IMF Working Papers; Working Paper ; No. 1989/074
גישה מקוונת:Full text available on IMF