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A Distant Mirror of Debt, Default, and Relief

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NBER2014-10-01 更新2025-01-04 收录
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We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World War I

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2014-10-01
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