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Financial Crises and Political Crises

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NBER2005-11-01 更新2025-01-04 收录
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This paper is an analysis of the simultaneous determination of financial default and political crises and its consequences. It focuses on a small open economy that faces a debt default decision. Crucially, this decision is made by a government that has superior information than the public about the

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2005-11-01
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