Showing 1 - 2 of 2
This paper computes the default probabilities implicit in the prices of Brady bonds of seven developing countries and examines the factors that determine the high cross-correlation of the probability paths. The term structure of U.S. interest rates and the ratio of long-term foreign debt to GDP,...
Persistent link: https://www.econbiz.de/10014400676
Persistent link: https://www.econbiz.de/10000984618