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Dooley, Michael P. (1988a), “Buy-Backs and the Market Valuation of External Debt,” Staff Papers, International Monetary Fund (Washington), Vol. 35 (June), pp. 215–29.
Dooley, Michael P. (1988b), “Self-Financed Buy-Backs and Asset Exchanges,” Staff Papers, International Monetary Fund (Washington), Vol. 35 (December), pp. 714–22.
* Mr. Snowden is Lecturer in Economics at the Management School of the University of Lancaster, England.