What's in a default? Lending to LDCs in the face of default risk

Journal of Development Economics

Volumn 58, Issue 2, 1999, Pages 319-332

  Easton, Stephen T ^a   Rockerbie, Duane W ^b  

^a SIMON FRASER UNIVERSITY   (Canada)

^b UNIVERSITY OF LETHBRIDGE   (Canada)

Author keywords

Arrears; Default; Spreads

Indexed keywords

DEBT; INTEREST RATE; LENDING BEHAVIOR;

EID: 0033306342     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3878(98)00116-3     Document Type: Article

References (21)

1. External debt in Latin America: Adjustment policies and renegotiation
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3. What's in a default? Lending to LDCs in the face of default risk
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5. Developing country finance and debt
6. LDC borrowing and default risk: An empirical investigation
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8. A study of debt servicing capacity applying Logit analysis
9. An analysis of credit terms in the Eurodollar markets
10. The economic content of indicators of developing country creditworthiness
11. Sample selection bias as a specification error
12. A model-based estimation of the probability of default in sovereign credit markets
13. Are the credit ratings assigned by bankers based on the willingness of LDC borrowers to repay?
14. Analysis of probability of external debt rescheduling in sub-Saharan Africa
15. Explaining interest spreads on sovereign Eurodollar loans: LCSs versus DCs, 1978-1988
16. Did the debt crisis cause the investment crisis? Further evidence
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18. A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity