Recompras y condonación de la deuda externa en un modelo de repudio voluntario

Debt reduction is usually analyzed in models where default is involuntary and the gains from debt reduction derive from various disincentives linked to a large debt overhang. This paper uses a model in which default is voluntary and shows that debt reduction can be beneficial even in absence of thos...

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Détails bibliographiques

Auteur principal:	Kenen, Peter B.
Format:	Online
Langue:	espagnol
Éditeur:	El Colegio de México, A.C. 1991
Sujets:	modelo de incumplimiento voluntario deuda externa voluntary default model debt reduction
Accès en ligne:	https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/316
Institution:	Estudios Económicos