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GDP-linked bonds: why so few, and why so expensive?

Roch, Francisco and Roldán, Francisco (2021) GDP-linked bonds: why so few, and why so expensive? LSE Business Review (23 Apr 2021). Blog Entry.

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Abstract

With governments around the world facing potential strain to mount responses to COVID-19, state-contingent sovereign debt instruments that would provide automatic debt relief have come to the forefront of policy debates. Francisco Roch and Francisco Roldán propose a framework to understand why such instruments have found limited success so far and propose ways to improve their design.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HG Finance
Date Deposited: 26 May 2021 14:21
Last Modified: 30 Jun 2021 23:28
URI: http://eprints.lse.ac.uk/id/eprint/110563

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