Conversión Deuda-Capital en Chile
Ricardo Ffrench-Davis
Latin American Journal of Economics-formerly Cuadernos de Economía, 1990, vol. 27, issue 82, 407-428
Abstract:
The analysis of debt-equity swaps operated in Chile since 1985 shows or suggests that: 1) In a debt-led recession, the common belief that DFI net transfers are countercyclical tends to be wrong. 2) Roughly 70% of the discount of debt notes in internationa
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:27:y:1990:i:82:p:407-428
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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto
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