Political risks: the “red shift” in debt sustainability analysis
Political stability and economic policy uncertainty can be key determinants of sovereign debt dynamics, and we show how they can be incorporated in debt sustainability analysis. We distinguish between short-term ambiguity and long-term uncertainty about political risk factors, and using a combina...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
AIFIRM
2020-04-01
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| Series: | Risk Management Magazine |
| Subjects: | |
| Online Access: | https://www.aifirm.it/wp-content/uploads/2021/04/RMM-2020-01-Excerpt-3.pdf |