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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Igan, Deniz
Outros Autores: Kim, Taehoon, Levy, Antoine
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2021.
Colecção:IMF Working Papers; Working Paper ; No. 2021/282
Assuntos:
Acesso em linha:Full text available on IMF