A model of sovereign debt in democracies /
Saved in:
Author / Creator: | Alichi, Ali, author. |
---|---|
Imprint: | Washington, D.C. : International Monetary Fund, African Dept., 2008. ©2008 |
Description: | 1 online resource (34 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/08/152 IMF working paper ; WP/08/152. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12499604 |
MARC
LEADER | 00000cam a2200000 a 4500 | ||
---|---|---|---|
001 | 12499604 | ||
006 | m o d | ||
007 | cr un||||a|a|| | ||
008 | 111122s2008 dcua ob i000 0 eng d | ||
005 | 20240822221619.1 | ||
019 | |a 265807482 |a 875238875 |a 961693711 |a 962728337 |a 1055312786 |a 1058186938 |a 1066444230 |a 1081244560 |a 1107333619 |a 1148146628 |a 1202542989 |a 1228572843 | ||
020 | |a 1451914636 | ||
020 | |a 9781451914634 | ||
020 | |a 9781451870107 | ||
020 | |a 1451870108 |q (Trade Paper) | ||
024 | 8 | |a 10.5089/9781451914634.001 | |
035 | 9 | |a (OCLCCM-CC)762485783 | |
035 | |a (OCoLC)762485783 |z (OCoLC)265807482 |z (OCoLC)875238875 |z (OCoLC)961693711 |z (OCoLC)962728337 |z (OCoLC)1055312786 |z (OCoLC)1058186938 |z (OCoLC)1066444230 |z (OCoLC)1081244560 |z (OCoLC)1107333619 |z (OCoLC)1148146628 |z (OCoLC)1202542989 |z (OCoLC)1228572843 | ||
037 | |b 00013468 | ||
040 | |a OCLCE |b eng |e pn |c OCLCE |d CUS |d OCLCQ |d OCLCA |d EBLCP |d E7B |d CCO |d OCLCF |d OCLCQ |d OCLCO |d OTZ |d OCLCQ |d OCLCA |d YDXCP |d VT2 |d CUS |d OCLCQ |d COCUF |d MERUC |d MOR |d PIFPO |d ZCU |d OCLCQ |d U3W |d STF |d CEF |d NRAMU |d CRU |d ICG |d VTS |d OCLCQ |d AU@ |d OCLCQ |d WYU |d TKN |d DKC |d OCLCQ |d TUHNV |d OCLCO |d OCLCQ | ||
049 | |a MAIN | ||
050 | 4 | |a HG3881.5.I58 |b W67 no.08/152 | |
100 | 1 | |a Alichi, Ali, |e author. |0 http://id.loc.gov/authorities/names/no2008094019 | |
245 | 1 | 2 | |a A model of sovereign debt in democracies / |c prepared by Ali Alichi. |
260 | |a Washington, D.C. : |b International Monetary Fund, African Dept., |c 2008. | ||
264 | 4 | |c ©2008 | |
300 | |a 1 online resource (34 pages) : |b illustrations | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/08/152 | |
500 | |a "June 2008." | ||
504 | |a Includes bibliographical references (pages 23-25). | ||
520 | 3 | |a This paper develops and empirically tests a political economy model of sovereign debt. The main incentive for repaying sovereign debt is to maintain access to international capital markets. However, in a democracy, one generation may choose default regardless of its consequences for future generations. An old generation with little concern for its country's access to capital markets can force a default on debt if it has the majority of voters. On the other hand, if the younger generation is more numerous, it can force repayment of previously defaulted debt. Other voter heterogeneities, such as in income, can generate similar results. | |
588 | 0 | |a Print version record. | |
650 | 0 | |a Debts, Public |x Econometric models. | |
650 | 0 | |a Capital market |x Econometric models. | |
650 | 6 | |a Dettes publiques |x Modèles économétriques. | |
650 | 6 | |a Marché financier |x Modèles économétriques. | |
650 | 7 | |a Capital market |x Econometric models. |2 fast |0 (OCoLC)fst00846359 | |
650 | 7 | |a Debts, Public |x Econometric models. |2 fast |0 (OCoLC)fst00888859 | |
650 | 7 | |a Auslandsverschuldung. |2 stw | |
650 | 7 | |a Auslandsschuldendienst. |2 stw | |
650 | 7 | |a Demokratie. |2 stw | |
655 | 4 | |a Electronic books. | |
710 | 2 | |a International Monetary Fund. |b African Department. | |
776 | 0 | 8 | |i Print version: |a Alichi, Ali. |t Model of sovereign debt in democracies. |d Washington, D.C. : International Monetary Fund, African Dept., 2008 |w (OCoLC)248692213 |
830 | 0 | |a IMF working paper ; |v WP/08/152. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2008/152/001.2008.issue-152-en.xml |y INTERNATIONAL MONETARY FUND |
929 | |a oclccm | ||
999 | f | f | |i e070afa2-2b62-5060-9b24-e59dd6fd6a48 |s 8b0092f9-2a54-54dd-bb5d-3fa06d9dedbd |
928 | |t Library of Congress classification |a HG3881.5.I58W67 no.08/152 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2008/152/001.2008.issue-152-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12143730 |