Sovereign contingent liabilities: a perspective on default and debt crises
<p>Chapters 2-3: A global games approach to sovereign debt crises</p> <p>The first chapters present a model that investigates the risks involved when a fiscal authority attempts to roll-over a stock of debt and there is the potential for coordination failure by investors. A continu...
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Format: | Thesis |
Language: | English |
Published: |
2014
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