Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Subject "Dívida externa"
Now showing items 1-10 of 10
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Co-ordination failure, moral hazard and sovereign bankruptcy procedures
2002-09-02We study a model of sovereign debt crisis that combines problems of creditor coordination and debtor moral hazard. Solving the sovereign debtor's incentives leads to excessive 'rollover failure' by creditors when sovereign ... -
Debt and default in a growth model
2006-08-11This paper presents a small open economy model with capital accumulation and without commitment to repay debt. The optimal debt contract specifies debt relief following bad shocks and debt increase following good shocks ... -
Deságio e renegociação
1987-09-21 -
Dual resource transfers and interruption in external debt service
1996-04-18Externai debt service requires a dual resource transfer. Trade surpluses have to be generated in order to make foreign exchange revenues available for debt repayment. In addition, with developing countries' externai debt ... -
The Eaton-Gersovitz-Arellano environment with collateral
2014-04-30In this article I introduce collateralization in the Eaton-Gersovitz-Arellano environment. In my paper, collateral can be understood as Foreign Direct Investment. I find that collateral increases the equilibrium levels of ... -
Impacto do IOF sobre composição de dívida e investimento das empresas brasileiras
2013-10-04Este trabalho investiga como os controles de capitais praticados no Brasil através da imposição do Imposto sobre Operações Financeiras (IOF) sobre empréstimos externos em 2011 e 2012 afetaram decisões em âmbito financeiro ... -
The LDC debt problem: a game-theoretical analisys
1989We review the LDC debt crisis since 1982, by means of game theory. New insights are obtained into the reasons behind the formation of the creditors' carte1 and the nature of the difficu1ties invo1ved in the formation of ... -
País se endivida para cobrir o déficit fiscal
1996-11-16 -
Sobre a moratória
1987-04
