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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Igan, Deniz
מחברים אחרים: Kim, Taehoon, Levy, Antoine
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2021.
סדרה:IMF Working Papers; Working Paper ; No. 2021/282
נושאים:
גישה מקוונת:Full text available on IMF