The Premia on State-Contingent Sovereign Debt Instruments /
State-contingent debt instruments such as GDP-linked warrants have garnered attention as a potential tool to help debt-stressed economies smooth repayments over business cycles, yet very few studies of the empirical properties of these instruments exist. This paper develops a general f ramework to e...
Autor Principal: | |
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Outros autores: | , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2021.
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Series: | IMF Working Papers; Working Paper ;
No. 2021/282 |
Subjects: | |
Acceso en liña: | Full text available on IMF |