Slow Moving Debt Crises
收藏NBER2013-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19228
下载链接
链接失效反馈官方服务：
资源简介：
What circumstances or policies leave sovereign borrowers at the mercy of self-fulfilling increases in interest rates? To answer this question, we study the dynamics of debt and interest rates in a model where default is driven by insolvency. Fiscal deficits and surpluses are subject to shocks but
提供机构：
美国国家经济研究局
创建时间：
2013-07-01
