𝔖 Bobbio Scriptorium
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Low pay, indignities and uncertainty


Book ID
109723129
Publisher
Nature Publishing Group
Year
1981
Tongue
English
Weight
136 KB
Volume
291
Category
Article
ISSN
0028-0836

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Pay high in good times, pay low in bad t
✍ Michael SchrΓΆder; Friedrich Heinemann; Susanne Kruse; Matthias Meitner πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 161 KB

## Abstract The paper examines the applicability of GDP‐linked bonds for the financing of developing countries. These bonds are characterised by tying the coupon and/or redemption payments to the GDP of the issuing country. Along with an analysis of their pricing behaviour and of their behaviour in