The digital edition of all books may be viewed on our website before purchase. Excerpt from Sovereign Debt Buybacks Can Bargaining Costs
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the influence of bargaining costs on sovereign debt buybacks and demonstrates how these costs can have significant economic implications. The author argues that high bargaining costs, which are common in cases of sovereign debt, can make it Ð ÑРоРнÑм to reduce the face value of outstanding debt, even when such reductions benefit creditors. This is because lower debt can lead to lower bargaining costs, which can more than offset the losses to creditors from the reduction in the face value of the debt. The author develops two models to support this argument and discusses the broader implications of bargaining costs for sovereign debt buybacks. This book provides valuable insights into the complex relationship between bargaining costs and sovereign debt buybacks and will be of interest to economists, policymakers, and anyone interested in understanding the dynamics of sovereign debt. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332282401_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332282401
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332282401
Quantité disponible : 15 disponible(s)