Considerations in the choice of the appropriate discount rate for evaluating sovereign debt restructurings /

Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by comparisons of the net present value of debt service before and after the restructuring. These calculations are inherently sensitive to the choice of discount rate. This paper explores issues that arise...

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Bibliographic Details
Main Author: Kozack, Julie, 1970-
Corporate Author: International Monetary Fund Policy Development and Review Department
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Policy Development and Review Dept., 2005
Series:IMF policy discussion paper ; PDP/05/9
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Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: HG3810.I46 no.05/9