Buybacks, Exit Bonds, and the Optimality of Debt and Liquidity Relief
收藏NBER1988-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2675
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资源简介:
We compare various forms of market-based debt relief with coordinated debt forgiveness on the part of creditors. These schemes lead to different allocations of resources and levels of debtor and creditor welfare, but all attempt to stimulate debtor investment through reductions in the level of debt.
提供机构:
美国国家经济研究局
创建时间:
1988-08-01



