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...
Главный автор: | |
---|---|
Другие авторы: | , |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2021.
|
Серии: | IMF Working Papers; Working Paper ;
No. 2021/282 |
Предметы: | |
Online-ссылка: | Full text available on IMF |