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Debt Restructuring with Multiple Creditors and the Role of Exchange Offers.
Detragiache, E.
;
Garella, P.G.
-
Banca d'Italia
-
1996
Exploiting the analogy with the private provision of a public good, this paper studies debt restructuring with an arbitrary number of creditors using mechanism design.
Persistent link: https://www.econbiz.de/10005640925
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