Public Confidence and Debt Management: A Model and A Case Study of Italy
收藏NBER1989-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3135
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High debt countries may face the risk of self-fulfilling debt crises. If the public expects that in the future the government will be unable to roll over the maturing debt, they may refuse to buy debt today and choose to hold foreign assets. This lack of confidence may then be self-fulfilling. This
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美国国家经济研究局创建时间：
1989-10-01
