The Economics of Sovereign Debt and Default /

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An integrated approach to the economics of sovereign default. Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind s...

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Detalles Bibliográficos
Autores principales: Aguiar, Mark (Autor), Amador, Manuel (Manuel A.) (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton, New Jersey : Princeton University Press, [2021]
Colección:Book collections on Project MUSE.
Temas:
BUSINESS & ECONOMICS / Economics / Macroeconomics.
Debts, External.
Electronic books.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Frontmatter
  • CONTENTS
  • LIST OF FIGURES
  • LIST OF TABLES
  • ACKNOWLEDGMENTS
  • 1. Introduction
  • 2. Limited Commitment
  • 3. Growth under Limited Commitment
  • 4. Incomplete Markets
  • 5. The Standard One-Period Bond Model
  • 6. Self-Fulfilling Debt Crises
  • 7. Long-Term Bonds
  • 8. Conclusion
  • BIBLIOGRAPHY
  • INDEX
  • A NOTE ON THE TYPE

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