A Debt Crisis with Strategic Investors: Changes in Demand and the Role of Market Power
January 17, 2025
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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Debt default, Demand elasticity, Economic theory, External debt, Financial institutions, Public debt, Treasury bills and bonds
Keywords: Debt auctions, Debt default, Default risk, Demand elasticity, Demand elasticity, Market power, Treasury bills and bonds
Publication Details
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Pages:
42
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Volume:
2025
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DOI:
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Issue:
019
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Series:
Working Paper No. 2025/019
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Stock No:
WPIEA2025019
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ISBN:
9798400297984
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ISSN:
1018-5941