Voluntary choices in concerted deals : mechanics and attributes of the menu approach / Ishac Diwan and Ken Kletzer

Bibliographic Details
Main Author: Diwan, Ishac
Format: Thesis Book
Published: Washington, D.C. : World Bank, 1990
Series:Policy, research, and external affairs working papers ;
Subjects:
Table of Contents:
  • Incluye referencias bibliográficas. Bibliografía: p. 28.
  • TABLA DE CONTENIDO: 1. Introduction
  • 2. The effect of pure market buybacks
  • 3. Simple menus: relend or exit
  • 4. Cost of debt reduction
  • 5. Underfunded menus
  • 6. Heterogeneous banks
  • 7. Evaluation of the Mexico 1990 deal
  • 8. Concluding remarks
  • Appendix 1: The case with multilateral loans
  • Appendix 2: The debt value curve and the debt reduction/new money frontier
  • References.