Rent-seeking, learning and the dynamics of reputation in the international credit market

Most reputation-based models of sovereign debt assume that a default on a loan obligation leads to the imposition of an immediate and permanent credit embargo. The first part of this thesis examines the case in which the length of exclusion is endogenously determined and may consequently be finite o...

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Bibliographic Details
Main Author: Clark, Derek John
Published: University of Warwick 1992
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.333424

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