The Simple Analytics of Debt-Equity Swaps
收藏NBER1988-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2771
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资源简介：
Recent attempts to resolve the international debt crisis have lead some countries to engage in debt-equity swaps. The paper explores conditions under which such transactions are beneficial to the debtor as well as the creditors. It identifies a market failure that may prevent the emergence of
提供机构：
美国国家经济研究局创建时间：
1988-11-01
