Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10000666690
Persistent link: https://www.econbiz.de/10000925835
Persistent link: https://www.econbiz.de/10001606870
Persistent link: https://www.econbiz.de/10001488235
Persistent link: https://www.econbiz.de/10003866063
The main motivation of this paper is to study the impact of the composition of creditors on the probability of default and the risk premium on sovereign bonds, when there is debtor moral hazard. In the absence of any legal enforcement, relational contracts work only when there are creditors who...
Persistent link: https://www.econbiz.de/10003866568
Persistent link: https://www.econbiz.de/10001619194