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  • 2021 Spring: Volume 15, Issue 1
  • Puerto Rico’s Impending Defaults and Fall: Is There a Viable Solution?

    • Brandy Hadley ;
    • Jim Estes

    Title:

    Does Deregulation Affect the Currency Markets? Evidence from the Yen-Dollar Exchange Rate in Three Markets

    Author(s):

    Brandy Hadley
    Jim Estes

    Publication Date:

    2016

    Journal Title:

    The Journal of Finance Issues

    Volume Number:

    15

    Issue Number:

    1

    Abstract:

    Puerto Rico has amassed critical amounts of debt through intertwined bond issues and theusage of Capital Appreciation Bonds. This paper explores the background leading to theimpending defaults with a focus on the viability of alternative solutions including bankruptcy,the issuance of a Superbond, insurance coverage, revenue diversion, and PROMESA debtrestructuring.

    First Page:

    44

    Last Page:

    58

    Total Pages:

    15