| Description |
1 online resource (iii, 32 pages) : illustrations |
| Series |
IMF working paper ; WP/92/42 |
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IMF working paper ; WP/92/42
|
| Summary |
Annotation Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that capital markets be open, that; information on the borrowers existing liabilities be readily available, that no bailout be anticipated, and that the borrower respond to market signals. This paper explores the implications of these conditions, and reviews some relevant empirical evidence |
| Bibliography |
Includes bibliographical references (pages 27-32) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
|
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Credit -- Management -- Econometric models
|
|
Capital market.
|
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Capital market.
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Research Department, issuing body
|
| ISBN |
1455272566 |
|
9781455272563 |
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1462365183 |
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9781462365180 |
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1455201030 |
|
9781455201037 |
|
1281155799 |
|
9781281155795 |
|
9786613777157 |
|
6613777153 |
|
