debt crisis, and we attempt to gauge the extent to which they would have received greater benefits if policies that improve …

This paper is a general discussion of debt conversions in heavily indebted developing countries. The paper first … describes the three different types of transactions that are commonly called debt conversions. Next the paper discusses programs …, including: the effect of debt conversions on the structure of debtor countries' external liabilities, the incentives debt …

effects of the international debt crisis which began in 1982. However, these theories have not been tested against the … declines. This paper is based on the idea that if the debt theories are true, then forecasts of investment in the 1980s which … do not use debt variables should not perform very well. This paper points out that such forecasts perform surprisingly …

One of the salient characteristics of the 1980s is the growth collapse of the Latin American debtor countries. The debt …-overhang literature claims that the debt crisis is the main reason for the growth collapse. However, previous empirical work has failed to … account for the effects of social inequality on government policy and consumption, the burden of servicing the debt becomes an …

subordinated debt and other market data. This paper is germane to that task. We find subordinated debt spreads are most consistent … subordinated debt spreads in supervisory monitoring, support the need for careful judgment when interpreting such spreads …

Economist disagree whether the recent increase in credit card debt has been detrimental to U.S. household. However … card is used because of its advantages over cash or a check. An increase in debt stemming from such convenience use likely … significant increase in both the level of credit card debt and it growth from 1992 to 2001 was due to convenience use. …