The Price Discount on the External Debt of Developing Countries as a Measure of LDC Debt-servicing Problems
作者： Jean-François Brochu , Paul Lanoie
DOI: 10.1080/02255189.2000.9669887
关键词: Original issue discount 、 External debt 、 Debt levels and flows 、 Finance 、 Balance sheet 、 Debt ratio 、 Economics 、 Debt 、 Internal debt 、 Debt-to-GDP ratio 、 Monetary economics
摘要: ABSTRACT This paper examines the performance of balance sheet variables (in contrast with traditional macro-indicators) to predict probability that a LDC will experience price discount on its debt and magnitude this discount. Our results show many these are good predictors evolution discounts.
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