1.

Record Nr.

UNINA9910959818703321

Autore

Marion Nancy

Titolo

Getting Shut Out of the International Capital Markets - It Doesn’t Take Much / / Nancy Marion, Robert Flood

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613822215

9781462399246

146239924X

9781452786469

1452786461

9781282557949

1282557947

9781452701561

1452701563

Edizione

[1st ed.]

Descrizione fisica

1 online resource (14 p.)

Collana

IMF Working Papers

Altri autori (Persone)

FloodRobert

Soggetti

Capital market

International finance

Banks

Capacity

Capital markets

Capital

Depository Institutions

Emerging and frontier financial markets

Finance

Finance: General

Financial services industry

General Financial Markets: General (includes Measurement and Data)

Industries: Financial Services

Intangible Capital

International capital markets

Investment

Investments: General

Loans

Macroeconomics

Micro Finance Institutions

Mortgages

Return on investment



Saving and investment

Argentina

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"June 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. ADDITIONAL COMPARATIVE STATICS""; ""IV. THE VALUE OF FINANCING""; ""V. CONCLUSION""; ""References""

Sommario/riassunto

We use a simple model of international lending to show that an emerging market borrower who might default can be shut out of international capital markets without warning. A modest haircut on obligations, for example, can shut down lending.