A gravity model of sovereign lending: trade, default, and credit.(case studies): An article from: IMF Staff Papers

This digital document is an article from IMF Staff Papers, published by International Monetary Fund on January 1, 2004. The length of the article is 6578 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: One reason why countries service their external debts is the fear that default might lead to shrinkage of international trade. If so, then creditors should systematically lend more to countries with which they share closer trade links. We develop a simple theoretical model to capture this intuition, then test and corroborate this idea. [JEL F15, F33]

Citation Details
Title: A gravity model of sovereign lending: trade, default, and credit.(case studies)
Author: Andrew K. Rose
Publication:IMF Staff Papers (Refereed)
Date: January 1, 2004
Publisher: International Monetary Fund
Volume: 51 Page: 50(14)

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