A Model of Safe Asset Determination
收藏NBER2016-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22271
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资源简介：
What makes an asset a safe asset? We study a model where two countries each issue sovereign bonds to satisfy investors' safe asset demands. The countries differ in the float of their bonds and their resources/fundamentals available to rollover debts. A sovereign's debt is more likely to be safe if
提供机构：
美国国家经济研究局
创建时间：
2016-05-01
