Sovereign Debt, Government Myopia, and the Financial Sector
收藏NBER2011-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17542
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资源简介：
What determines the sustainability of sovereign debt? We develop a model where myopic governments seek popularity but can nevertheless commit credibly to service external debt. They do not default when debt is low because they would lose access to debt markets and be forced to reduce spending; they
提供机构：
美国国家经济研究局
创建时间：
2011-10-01
