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Trade Dependency, Bargaining and External Debt

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NBER1988-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2726
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This paper analyzes the factors determining the effective payment on outstanding debt in the presence of partial defaults, and the feasibility of renewed investment. We show that the bargaining outcome, which determines the repayment, is dictated by the trade dependency, as measured by the
提供机构:
美国国家经济研究局
创建时间:
1988-10-01
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