Results 251 to 260 of about 506,093 (298)
Growth and External Debt [PDF]
This paper surveys the literature on external debt which has developed over the past decade. Initially this literature emphasized the intertemporal nature of the balance of payments, and reflected the view that balance of payments movements were an equilibrium phenomenon reflecting either transitory disturbances or permanent transfers of capital ...
openaire +1 more source
Some of the next articles are maybe not open access.
Related searches:
Related searches:
Mortgage Debt and Social Externalities
SSRN Electronic Journal, 2014I analyse the implications of social status concerns on debt holdings at individual and aggregate level, in a partial equilibrium life-cycle framework with heterogeneous agents. The focal point of the analysis is the explicit consideration of durable goods, in their triple role as a part of utility, a collateralizable portion of life-time wealth and a ...
openaire +1 more source
1989
Prophecy that the external debt of developing countries would bring about an economic crisis and the collapse of the international monetary system have not been fulfilled. Nor has anything in fact happened as to the predictions that the debt crisis would be solved by a self-correcting market mechanism. In fact, the external debt of developing countries
openaire +1 more source
Prophecy that the external debt of developing countries would bring about an economic crisis and the collapse of the international monetary system have not been fulfilled. Nor has anything in fact happened as to the predictions that the debt crisis would be solved by a self-correcting market mechanism. In fact, the external debt of developing countries
openaire +1 more source
Optimal External Debt and Default [PDF]
This paper analyses whether sovereign default episodes can be seen as contingencies of optimal international lending contracts. The model considers a small open economy with capital accumulation and without commitment to repay debt. Taking first order approximations of Bellman equations, I derive analytical expressions for the equilibrium level of debt
openaire +2 more sources

