Linked e-resources
Linked Resource
Concurrent users
Unlimited
Authorized users
Authorized users
Document Delivery Supplied
Can lend chapters, not whole ebooks
Details
Title
Growth-linked securities
Author
ISBN
3319683330 (electronic book)
9783319683331 (electronic book)
9783319683324
9783319683331 (electronic book)
9783319683324
Publication Details
LONDON : PALGRAVE MACMILLAN, 2017.
Language
English
Description
1 online resource.
Call Number
HG4521
Dewey Decimal Classification
332.63/2
Summary
This book provides a detailed and comprehensive synthesis of the literature on growth-linked securities, which are an equity-like method of financing for sovereigns. Based on an idea introduced by Shiller (1993), these securities enjoy growing intellectual support. Momentum in favour of them in policy circles has increased since the global financial crisis of 2007-9 and the subsequent debt crisis in Europe in 2010. This book covers many issues on the topic. After surveying the history of the idea and past experiences of countries that issued growth-linked warrants, chapters examine the pros and cons of this financial instrument from the point of view of issuers and investors. The book also discusses technical issues preventing the broad issuance of growth-linked securities and provides solutions to foster their acceptance by market participants. .-- Provided by publisher.
Access Note
Access limited to authorized users.
Linked Resources
Record Appears in