To pay or not to pay: A model of international defaults

• 1 January 1986
• journal article
• research article
• Published by Wiley in Journal of Policy Analysis and Management
• Vol. 5  (4) , 742-760
• https://doi.org/10.1002/pam.4050050405

Abstract

Keywords

• MODEL
• DEFAULT
• LENDERS
• RESCHEDULING
• LOAN
• PAYMENTS
• BORROWERS
• UNWILLING
• UNABLE