The Problem that Wasn't : Coordination Failures in Sovereign Debt Restructurings /

Contrary to widespread expectation, debt renegotiations in the era of bond finance have generally been quick and involved little litigation. We present a model that rationalizes the initial fears and offers interpretations for why they did not materialize. When the exchange offer is sufficiently att...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Zettelmeyer, Jeromin
अन्य लेखक: Bi, Ran, Chamon, Marcos
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/265
ऑनलाइन पहुंच:Full text available on IMF