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Bank Size, Reputation, and Debt Renegotiation / Raquel Fernandez, David Kaaret.
- Format:
- Book
- Author/Creator:
- Fernandez, Raquel.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w2704.
- NBER working paper series no. w2704
- Language:
- English
- Subjects (All):
- Debt relief.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1988.
- Cambridge, Massachussetts : National Bureau of Economic Research, [1988]
- Summary:
- This paper examines the effect that the coexistence of small and large banks, with different interests in the international market, has on the debt renegotiation process. Making use of a reputational model, we argue that the presence of small banks implies that debtor countries have a harder tine obtaining new money than what they would have absent the small banks.
- Notes:
- Print version record
- September 1988.
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