Эксоцман
на главную поиск contacts

A Gravity Model of Sovereign Lending: Trade, Default and Credit

Опубликовано на портале: 22-12-2003
NBER Working Paper Series. 2002.  w9285.
Организация: National Bureau of Economic Research (NBER)
One reason why countries service their external debts is the fear that default might lead to shrinkage of international trade. If so, then creditors should systematically lend more to countries with which they share closer trade links. Autors develop a simple theoretical model to capture this intuition, then test and corroborate this idea.

Ссылки
текст статьи в формате pdf на сайте NBER:
http://www.nber.org/papers/w9285
BiBTeX
RIS