Debt-For-Equity Swaps under a Rational Expectations Equilibrium

• 1 July 1989
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 44  (3) , 663-680
• https://doi.org/10.2307/2328776

Abstract

Keywords

• EQUILIBRIUM
• DEBT
• EQUITY SWAPS
• RATIONAL EXPECTATIONS
• LDC
• BANK
• ASYMMETRY
• ECONOMY