@techreport{NBERw2704, title = "Bank Size, Reputation, and Debt Renegotiation", author = "Raquel Fernandez and David Kaaret", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "2704", year = "1988", month = "September", URL = "http://www.nber.org/papers/w2704", abstract = {This paper examines the effect that the coexistence of small and large banks, with different interests in the international market, has on the debt renegotiation process. Making use of a reputational model, we argue that the presence of small banks implies that debtor countries have a harder tine obtaining new money than what they would have absent the small banks.}, }