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A Brazilian-Type Debt Crisis: Simple Analytics / Assaf Razin, Efraim Sadka.
- Format:
- Book
- Author/Creator:
- Razin, Assaf.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w9606.
- NBER working paper series no. w9606
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- A Brazilian-Type Debt Crisis
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2003.
- Summary:
- We develop a model that captures important features of debt crises of the Brazilian type. Its applicability to Brazil lies in the fact that (1) macro fundamentals were sound in the wake of the crisis (e .g., a non-negligible primary surplus, a relatively low debt/GDP ratio, low inflation, etc.); and (2) the trigger for the crisis appears to be the forthcoming elections, with an expected regime change.
- Notes:
- Print version record
- April 2003.
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