| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4792 |
| 来源ID | Working Paper 4792 |
| Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History? | |
| Michael P. Dooley; Eduardo Fernandez-Arias; Kenneth M. Kletzer | |
| 发表日期 | 1994-07-01 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This empirical study finds that while debt reduction and policy reforms in debtor countries have been important determinants of renewed access to international capital markets, changes in international interest rates have been the dominant factor. We calculate the effects of changes in international interest rates for a 'typical' debtor country. We conclude that increases in interest rates associated with business cycle upturn in industrial countries could depress the secondary market prices of existing debt to levels inconsistent with continued capital inflows. |
| 主题 | International Economics ; International Finance |
| URL | https://www.nber.org/papers/w4792 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562194 |
| 推荐引用方式 GB/T 7714 | Michael P. Dooley,Eduardo Fernandez-Arias,Kenneth M. Kletzer. Recent Private Capital Inflows to Developing Countries: Is the Debt Crisis History?. 1994. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4792.pdf（355KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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