Market Discipline:
Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that capital markets be open, that; information on the borrower's existing liabilities be readily available, that no bailout be anticipated, and that the borrower respond to market s...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
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Schriftenreihe: | IMF Working Papers
Working Paper No. 92/42 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that capital markets be open, that; information on the borrower's existing liabilities be readily available, that no bailout be anticipated, and that the borrower respond to market signals. This paper explores the implications of these conditions, and reviews some relevant empirical evidence |
Beschreibung: | 1 Online-Ressource (50 p) |
ISBN: | 1451846150 9781451846157 |
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spelling | Lane, Timothy D. Verfasser aut Market Discipline Lane, Timothy D Washington, D.C International Monetary Fund 1992 1 Online-Ressource (50 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/42 Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that capital markets be open, that; information on the borrower's existing liabilities be readily available, that no bailout be anticipated, and that the borrower respond to market signals. This paper explores the implications of these conditions, and reviews some relevant empirical evidence Online-Ausg http://elibrary.imf.org/view/IMF001/04533-9781451846157/04533-9781451846157/04533-9781451846157.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Lane, Timothy D. Market Discipline |
title | Market Discipline |
title_auth | Market Discipline |
title_exact_search | Market Discipline |
title_exact_search_txtP | Market Discipline |
title_full | Market Discipline Lane, Timothy D |
title_fullStr | Market Discipline Lane, Timothy D |
title_full_unstemmed | Market Discipline Lane, Timothy D |
title_short | Market Discipline |
title_sort | market discipline |
url | http://elibrary.imf.org/view/IMF001/04533-9781451846157/04533-9781451846157/04533-9781451846157.xml |
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