Uncertainty and the Disappearance of International Credit
收藏NBER1999-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7389
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资源简介:
We show that increased uncertainty about the size of an emerging market's external debt has a nonlinear and potentially large adverse effect on the supply of international credit offered to them. We also show that if international creditors are first- order risk averse, attaching greater weight to
提供机构:
美国国家经济研究局
创建时间:
1999-10-01



