A Dynamic Model of Buy-Backs

A dynamic framework is utilized to evaluate buy-backs of a country`s external debt. The model solves for the price of debt on the basis of expectations concerning the debtor`s ability to pay, and upon a variety of assumptions concerning changes in property rights consistent with various debt reduction programs. The importance of these assumptions is illustrated in simulations that relate debt reduction to a conventional balance of payments projection

MoreLess

Year of publication:	[2006]
Authors:	Symansky, Steven A.
Other Persons:	Tryon, Ralph W. (contributor)
Publisher:	[2006]: [S.l.] : SSRN

More details
Report error

Extent:	1 Online-Ressource (24 p)
Series:	IMF Working Paper, Vol. , pp. 1-24, 1989
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 12, 1989 erstellt
Other identifiers:	10.2139/ssrn.884856 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012781203