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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/35878
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Bougheas, Spiros P. | | en_US |
| dc.contributor.author | | Dasgupta, Indraneel | | en_US |
| dc.contributor.author | | Morrissey, Oliver | | en_US |
| dc.date.accessioned | | 2010-01-27 | | en_US |
| dc.date.accessioned | | 2010-07-07T12:03:42Z | | - |
| dc.date.available | | 2010-07-07T12:03:42Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/35878 | | - |
| dc.description.abstract | | Lenders condition future loans on some index of past performance. Typically, banks condition future loans on repayments of earlier obligations whilst international organizations (official lenders) condition future loans on the implementation of some policy action ('investment'). We build an agency model that accounts for these tendencies. The optimal conditionality contract depends on exclusivity - the likelihood that a borrower who has been denied funds from the original lenders can access funds from other lenders. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | IZA Discussion Papers 4604 | | en_US |
| dc.subject.jel | | G21 | | en_US |
| dc.subject.jel | | F34 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Long-term loans | | en_US |
| dc.subject.keyword | | investment conditions | | en_US |
| dc.subject.keyword | | repayment conditions | | en_US |
| dc.subject.keyword | | exclusivity | | en_US |
| dc.subject.stw | | Kreditgeschäft | | en_US |
| dc.subject.stw | | Konditionen | | en_US |
| dc.subject.stw | | Kreditwürdigkeit | | en_US |
| dc.subject.stw | | Anpassungsprogramm des IWF | | en_US |
| dc.subject.stw | | Anreizvertrag | | en_US |
| dc.subject.stw | | Agency Theory | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Repayment versus investment conditions and exclusivity in lending contracts | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 617299269 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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