LEADER 01002nam0-2200325---450- 001 990008427510403321 005 20070220161630.0 010 $a0-415-36888-X 035 $a000842751 035 $aFED01000842751 035 $a(Aleph)000842751FED01 035 $a000842751 100 $a20061128d2006----km-y0itay50------ba 101 0 $aeng 102 $aUS 105 $ay-------001yy 200 1 $aState and laid-off workers in reform China$ethe silence and collective action of the retrenched$fYongshun Cai 210 $aNew York and London$cRoutledge$d2006 215 $aXIV, 194 p.$d24 cm 225 1 $aRoutledge studies on China in transition$v23 610 0 $aSocietà civile$aCina 676 $a331.137 951$v21$zita 700 1$aCai,$bYongshun$0298252 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990008427510403321 952 $aCollez. 2039 (23)$b42542$fFSPBC 959 $aFSPBC 996 $aState and laid-off workers in reform China$9726652 997 $aUNINA LEADER 04958oam 22013334 450 001 9910956119003321 005 20250426110045.0 010 $a9786613829863 010 $a9781462309450 010 $a1462309453 010 $a9781452746111 010 $a1452746117 010 $a9781283517416 010 $a1283517418 010 $a9781451909036 010 $a1451909039 035 $a(CKB)3360000000443912 035 $a(EBL)3014312 035 $a(SSID)ssj0000940138 035 $a(PQKBManifestationID)11519264 035 $a(PQKBTitleCode)TC0000940138 035 $a(PQKBWorkID)10948645 035 $a(PQKB)10761389 035 $a(OCoLC)712989240 035 $a(IMF)WPIEE2006109 035 $a(MiAaPQ)EBC3014312 035 $a(IMF)WPIEA2006109 035 $aWPIEA2006109 035 $a(EXLCZ)993360000000443912 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDonor Herding and Domestic Debt Crisis /$fEphraim Chirwa, Montfort Mlachila, Yohane Anthony Khamfula 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (10 p.) 225 1 $aIMF Working Papers 300 $a"April 2006." 311 08$a9781451863697 311 08$a1451863691 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. CONCLUSION""; ""REFERENCES"" 330 3 $aThis paper presents a new model based on the loan-pushing model by Basu (1991) to show how a domestic debt crisis can occur in a low-income country following donor herding. The model focuses on the rational herding behavior of donors due to payoff and information externalities. Although there are many theoretical models on herding behavior, these models have not formally considered the relationship between donor herding and domestic debt crisis in a low-income country. This paper is an attempt to fill this gap. The paper shows that due to donor herding behavior a domestic debt crisis can occur once the actual debt level is above the desirable one. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/109 606 $aDebts, External$zDeveloping countries$xEconometric models 606 $aEconomic assistance$zDeveloping countries$xEconometric models 606 $aBanks and Banking$2imf 606 $aBanks$2imf 606 $aDebt default$2imf 606 $aDebt Management$2imf 606 $aDebt$2imf 606 $aDebts, External$2imf 606 $aDebts, Public$2imf 606 $aDepository Institutions$2imf 606 $aDomestic debt$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aExports and Imports$2imf 606 $aFinance$2imf 606 $aFinancial Crises$2imf 606 $aFinancial crises$2imf 606 $aFinancial Risk Management$2imf 606 $aIndustries: Financial Services$2imf 606 $aInterest rates$2imf 606 $aInterest Rates: Determination, Term Structure, and Effects$2imf 606 $aInternational economics$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aLoans$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aReal interest rates$2imf 606 $aSovereign Debt$2imf 615 0$aDebts, External$xEconometric models. 615 0$aEconomic assistance$xEconometric models. 615 7$aBanks and Banking 615 7$aBanks 615 7$aDebt default 615 7$aDebt Management 615 7$aDebt 615 7$aDebts, External 615 7$aDebts, Public 615 7$aDepository Institutions 615 7$aDomestic debt 615 7$aEconomic & financial crises & disasters 615 7$aExports and Imports 615 7$aFinance 615 7$aFinancial Crises 615 7$aFinancial crises 615 7$aFinancial Risk Management 615 7$aIndustries: Financial Services 615 7$aInterest rates 615 7$aInterest Rates: Determination, Term Structure, and Effects 615 7$aInternational economics 615 7$aInternational Lending and Debt Problems 615 7$aLoans 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aReal interest rates 615 7$aSovereign Debt 700 $aChirwa$b Ephraim$0802166 701 $aKhamfula$b Yohane Anthony$01816213 701 $aMlachila$b Montfort$01815726 712 02$aInternational Monetary Fund.$bWestern Hemisphere Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910956119003321 996 $aDonor Herding and Domestic Debt Crisis$94372010 997 $aUNINA