LDC Debt: Forgiveness, Indexation, and Investment Incentives
收藏NBER1988-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2541
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资源简介：
We compare different indexation schemes in terms of their ability to facilitate forgiveness and reduce the investment disincentives associated with the large LDC debt overhang. Indexing to an endogenous variable (e.g., a country's output) has a negative moral hazard effect on investment, This
提供机构：
美国国家经济研究局
创建时间：
1988-03-01
