Front Matter
Author:
Mr. Olivier D Jeanne
Search for other papers by Mr. Olivier D Jeanne in
Current site
Google Scholar
Close

Front Matter Page

Research Department

Authorized for distribution by Eduardo Borensztein

Contents

  • I. Introduction

  • II. A Model of External Debt Rollover Crises

    • A. Assumptions

    • B. Optimal Crises

    • C. World Equilibrium

    • D. Implementation

    • E. Discussion

  • III. Orderly Debt Workouts

    • A. Contractual Approach

    • B. Statutory Approach

  • IV. Concluding Comments

  • References

  • Figures:

  • 1. Conditional pdf of Project’s Probability of Success

  • 2. Maximum Levels of Incentive—Compatible Debt and Pledgeable Output

  • 3. Domestic Wealth and Welfare

  • 4. Payoff from Early Repayment

  • Appendices:

  • I. Proof of Proposition 3

  • II. Proof of Proposition 7

  • Collapse
  • Expand
Debt Maturity and the International Financial Architecture
Author:
Mr. Olivier D Jeanne