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The Costs of (sub)Sovereign Default Risk: Evidence from Puerto Rico

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NBER2017-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24108
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资源简介:
Puerto Ricos unique characteristics as a U.S. territory allow us to examine the channels through which (sub)sovereign default risk can have real effects on the macroeconomy. Post-2012, during the period of increased default probabilities, the cointegrating relationship between real activity in
提供机构:
美国国家经济研究局
创建时间:
2017-12-01
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