The Costs of Sovereign Default: Evidence from Argentina
收藏NBER2016-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22270
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资源简介：
We estimate the causal effect of sovereign default on the equity returns of Argentine firms. We identify this effect by exploiting changes in the probability of Argentine sovereign default induced by legal rulings in the case of Republic of Argentina v. NML Capital. We find that a 10% increase in
提供机构：
美国国家经济研究局
创建时间：
2016-05-01
