Gambling for Redemption and Self-Fulfilling Debt Crises
收藏NBER2015-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21026
下载链接
链接失效反馈官方服务：
资源简介：
We develop a model for analyzing the sovereign debt crises of 20102013 in the Eurozone. The government sets its expenditure-debt policy optimally. The need to sell large quantities of bonds every period leaves the government vulnerable to self-fulfilling crises in which investors, anticipating a
提供机构：
美国国家经济研究局
创建时间：
2015-03-01
