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Supersanctions and Sovereign Debt Repayment

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NBER2005-07-01 更新2025-01-04 收录
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Theoretical models have suggested that sanctions may be important for enforcing sovereign debt contracts (Bulow and Rogoff, 1989a, 1989b). This paper examines the role of sanctions in promoting debt repayment during the classical gold standard period. We analyze a wide range of sanctions including

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2005-07-01
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