A Noteon Burden Sharing Among Creditors:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Dooley, Michael P. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1992
Schriftenreihe:IMF Working Papers Working Paper No. 92/21
Links:http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
http://elibrary.imf.org/view/IMF001/00082-9781451921502/00082-9781451921502/00082-9781451921502.xml
Abstract:This paper presents a framework for evaluating the relative contributions of different creditors in cases where only partial payments can be made by the debtor country. A methodology is developed to calculate partial payments-or alternatively put-determine residual financing. By focusing on the relative seniority of creditors and expectations of the debtor's ability to repay, alternative sharing rules are quantified. The measure is based on the expected present value of payments. Creditors earning a below-market rate of return suffer a burden; creditors earning the same rate of return are said to share the burden equally
Umfang:1 Online-Ressource (28 p)
ISBN:1451921500
9781451921502