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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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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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