Debt arrears as a signal of sovereign defaults
The accuracy of the inference about the risk of default is very important to the potential creditors in their lending decisions. In the literature, the usual used indicators of sovereign default in a given country (debtor) are either a rescheduling agreement between the debtor and the creditor or th...
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2016
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| Online Access: | http://hdl.handle.net/10725/5539 http://dx.doi.org/10.1353/jda.2016.0085 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php https://muse.jhu.edu/article/621339/summary |
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