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Statement to Congress, June 18, 1986 (debt situation of developing countries)

Volcker, Paul A. - In: Federal Reserve Bulletin (1986) Aug, pp. 560-565

Persistent link: https://www.econbiz.de/10005502047

Cantor, Richard; Packer, Frank - In: Current Issues in Economics and Finance 1 (1995) Jun

Sovereign ratings are gaining importance as more governments with greater default risk borrow in international bond markets. But while the ratings have proved useful to governments seeking market access, the difficulty of assessing sovereign risk has led to agency disagreements and public...

Persistent link: https://www.econbiz.de/10005512170

A theoretical analysis of capital flight from debtor nations

Charrette, Susan M. - Federal Reserve Bank of New York - 1991

Persistent link: https://www.econbiz.de/10005512190

Perspectives on U.S. external deficits

Akhtar, M.A. - Federal Reserve Bank of New York - 1995

The paper examines the evolution of U.S. external balances since 1980 and considers various explanations for the … persistence of external deficits in the late 1980s and the 1990s. It also offers a general assessment of the medium-term prospects … for U.S. current account deficits. The review of evidence indicates that the huge increase in U.S. external deficits over …

Persistent link: https://www.econbiz.de/10005512201

Debt, financial stability, and public policy (Symposium overview)

Higgins, Bryon - In: Proceedings - Economic Policy Symposium - Jackson Hole (1986), pp. 1-14

Persistent link: https://www.econbiz.de/10005519940

Debt, financial stability, and public policy : a symposium, Jackson Hole, Wyoming, August 27-29, 1986

In: Proceedings - Economic Policy Symposium - Jackson Hole (1986)

Persistent link: https://www.econbiz.de/10005519961

The advantage of flexible targeting rules

Ferrero, Andrea - Federal Reserve Bank of New York - 2008

This paper investigates the consequences of debt stabilization for inflation targeting. If the monetary authority perfectly stabilizes inflation while the fiscal authority holds constant the real value of debt at maturity, the equilibrium dynamics might be indeterminate. However, determinacy can...

Persistent link: https://www.econbiz.de/10005420654

One reason countries pay their debts: renegotiation and international trade

Rose, Andrew K. - Federal Reserve Bank of New York - 2001

This paper estimates the effect of sovereign debt renegotiation on international trade. Sovereign default may be associated with a subsequent decline in international trade either because creditors want to deter default by debtors, or because trade finance dries up after default. To estimate the...

Persistent link: https://www.econbiz.de/10005420662

Economic consequences of continued U.S. external deficit

Pigott, Charles - In: Quarterly Review (1988) Win, pp. 4-15

Persistent link: https://www.econbiz.de/10005490346

Clouds over international lending

Cheng, Hang-Sheng - In: FRBSF Economic Letter (1982)

Persistent link: https://www.econbiz.de/10005490457