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External debt interest and liquid securities return used in the experiment
| Round | Sequence | External debt interest (%) | Liquid securities return |
|---|---|---|---|
| 1 | Lower 1:1 | 1 | 1 |
| 2 | Lower 1:2 | 1 | 2 |
| 3 | Middle 1:2 | 2 | 4 |
| 4 | Upper 1:2 | 3 | 6 |
| 5 | Upper 1:1 | 5 | 5 |
We randomly order the scenario in the experiment
