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Query: faculty: "FEB" and publication year: "1993"

AuthorsS.J.G. van Wijnbergen, C.A.M.F. Claessens
TitleSecondary market prices and Mexico's Brady Deal
JournalAmerican Economic Review
Volume108
Year1993
Issuenov
Pages965-983
ISSN00335533
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
KeywordsMarkets; Free trade; Nafta; Mexico
AbstractAnalyzes wether or not the use of official funds in debt reduction packages as in Mexico's 1989 Brady deal is tantamount to a creditor bailout. Review of events; option-pricing approach to sovereign debt valuation; market valuation of the Brady debt package; positive impact of Brady plan on debt relief.
Document typeArticle
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