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...
Main Author: | Clark, Derek John |
---|---|
Published: |
University of Warwick
1992
|
Subjects: | |
Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.333424 |
Similar Items
-
Essays on empirical macroeconomics and international financial markets
by: Leelahaphan, Tim
Published: (2010) -
Fluctuations in the supply of credit and its effects on the capital structure of Japanese firms
by: Voutsinas, Konstantinos
Published: (2010) -
Credit spreads and economic activity in eight European economies
by: Veleanu, Veronica
Published: (2013) -
Essays on markets with frictions : applications to the housing, labour and financial markets
by: Ungerer, Christoph
Published: (2012) -
Essays in international macroeconomics
by: de Ferra, Sergio
Published: (2016)