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Bank Size, Reputation, and Debt Renegotiation

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NBER1988-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2704
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This paper examines the effect that the coexistence of small and large banks, with different interests in the international market, has on the debt renegotiation process. Making use of a reputational model, we argue that the presence of small banks implies that debtor countries have a harder tine
创建时间:
1988-09-01
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