The more concentrated the debt holdings in large money center banks, the higher the secondary price of that debt. TIe Policy, Rearch, and Extesnal Affairs Conalex distributes PRE Working Papes to diaeniinate the finding of work in progress and to ancuugc the exchange of ideas among Bank suff and all *Dher interested in development isses. Thes papers carry the names of the authon, eflect only their views, and shold be used and cited accordingly. Tne fndings, interpreationa, and conclusions are the autho'own. They Lt ould nxt be attributed to the Woid Bank. iu Board of Directos, its management. or any of its member countnes. Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ed Pu bl ic Di sc lo su re A ut ho riz ...
Ad ri an Po p∗-- Preliminary & incomplete draft--Abstract: A st raightforward method to enhance ...
Contrary o popular views, commercial banks have probably benefited from debt and debt service reduct...
When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchase...
Secondary market values tend to reflect past difficulties rather than anticipate future ones. They c...
Official creditors- especially multilaterals- have absorbed more of the burden of the debt crisis th...
Comments are welcome. The paper analyzes the mandatory subordinated debt proposals in banking. It th...
The paper analyzes the mandatory subordinated debt proposals in banking. It theoretically investigat...
During the last twenty years an increasing number of proposals to improve bank market discipline th...
This pricing model for secondary market debt is designed to assess the impact of debt reduction on t...
This paper uses a new data set of daily secondary market prices of loans to analyze the specialness ...
Accumulation of reserves and debt-equity swaps can help a debtor country alleviate the distortionary...
Flat-rate deposit insurance, combined with limited liability, encourages banks- especially poorly ca...
Banking organizations in the United States are growing larger; more complex and more diversified in ...
Abstract: Subordinated debt is compared to common equity as a source of market discipline in bankin...
The paper proposes a theory of anti-competitive e¤ects of debt …nance based on the interaction betwe...
Ad ri an Po p∗-- Preliminary & incomplete draft--Abstract: A st raightforward method to enhance ...
Contrary o popular views, commercial banks have probably benefited from debt and debt service reduct...
When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchase...
Secondary market values tend to reflect past difficulties rather than anticipate future ones. They c...
Official creditors- especially multilaterals- have absorbed more of the burden of the debt crisis th...
Comments are welcome. The paper analyzes the mandatory subordinated debt proposals in banking. It th...
The paper analyzes the mandatory subordinated debt proposals in banking. It theoretically investigat...
During the last twenty years an increasing number of proposals to improve bank market discipline th...
This pricing model for secondary market debt is designed to assess the impact of debt reduction on t...
This paper uses a new data set of daily secondary market prices of loans to analyze the specialness ...
Accumulation of reserves and debt-equity swaps can help a debtor country alleviate the distortionary...
Flat-rate deposit insurance, combined with limited liability, encourages banks- especially poorly ca...
Banking organizations in the United States are growing larger; more complex and more diversified in ...
Abstract: Subordinated debt is compared to common equity as a source of market discipline in bankin...
The paper proposes a theory of anti-competitive e¤ects of debt …nance based on the interaction betwe...
Ad ri an Po p∗-- Preliminary & incomplete draft--Abstract: A st raightforward method to enhance ...
Contrary o popular views, commercial banks have probably benefited from debt and debt service reduct...
When lenders participate voluntarily in a buyback of debt claims, both the price paid for repurchase...