Repurchases, exit bonds and the optimality of providing relief for debt and liquidity

Authors

  • Kenneth A. Froot Sloan School of Management, Massachusetts Institute of Technology, National Bureau of Economic Research

DOI:

https://doi.org/10.24201/ee.v4i1.342

Keywords:

public debt

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References

Bulow, J. y K. Rogoff (1988), "Sovereign Debt Restructuring: Panacea or Pangloss?" (mimeo.), Universidad de Wisconsin, junio.

Dooley, M. (1988), "Buybacks and the Market Valuation of External Debt", International Monetary Fund Staff Papers, núm. 35.

Dornbusch, R. (1988), "Our LDC Debts", en M. Feldstein (ed.), The United States in the World Economy, University of Chicago Press.

Froot, K., D. Scharfstein y J. Stein (1988), "LDC Debt: Forgiveness, Indexation and Investment Incentives", Documento de Trabajo núm. 2541 del NBER, marzo.

Froot, K., D. Scharfstein, J. Stein y S. van Wijnbergen (1986), "Capital Flight, Policy Credibility, and the Option Value of Foreign Exchange" (mimeo.), MIT.

Helpman, E. (1987), "The Simple Analytics of Debt-Equity Swaps and Debt Forgiveness" (mimeo.), MIT, septiembre.

Krugman, P. (1985), "International Debt Strategies in an Uncertain World", en G. Smith y J. Cuddington (eds.), International Debt and the Developing Countries, Banco Mundial, Washington.

Krugman, P. (1988), "Market-Based Debt-Reduction Schemes", Documento de Trabajo del NBER núm. 2587, International Monetary Fund Staff Papers.

Krugman, P. (1989), "Financing vs. Forgiving a Debt: Some Analytical Notes", en Journal of Development Economics.

Rotemberg, J. (1988), "Sovereign Debt Buybacks Can Lower Bargaining Costs", (mimeo.), MIT.

Sachs, J. (1986), "Endeudamiento internacional: aspectos teóricos", en Estudios Económicos de El Colegio de México, vol. 1, núm. 2.

Sachs, J. (1988a), "Conditionally, Debt Relief, and the Developing Country Debt Crisis" (mimeo.), Harvard University.

Sachs, J. (1988b), "The Debt Overhang of Developing Countries", en De Macedo y Findlay (eds.), Diaz-Alejandro Memorial Volume, Wider Institute, Helsinki.

Williamson, J. (1988), Voluntary Approaches to Debt Relief, Policy Analysis in International Economics, Institute for International Economics, septiembre.

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Published

1989-01-01

How to Cite

Froot, K. A. (1989). Repurchases, exit bonds and the optimality of providing relief for debt and liquidity. Estudios Económicos De El Colegio De México, 4(1), 31–59. https://doi.org/10.24201/ee.v4i1.342
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Issue

7-vol. 4, no. 1, january-june, 1989

Section

Articles

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