External Debt, Planning Horizon and Distorted Credit Markets
收藏NBER1988-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2662
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资源简介：
The purpose of this paper is to study the role of policies in the presence of country risk with overdiscounting by the policy maker. Overdiscounting may reflect political uncertainty, which makes the effective planning horizon of the centralized government shorter than that of the private sector.
提供机构：
美国国家经济研究局
创建时间：
1988-07-01
