The Cost of Aggressive Sovereign Debt Policies : How Much is theprivate Sector Affected? /

This paper proposes a new empirical measure of cooperative versus conflictual crisis resolution following sovereign default and debt distress. The index of government coerciveness is presented as a proxy for excusable versus inexcusable default behaviour and used to evaluate the costs of default for...

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Xehetasun bibliografikoak
Egile nagusia: Trebesch, Christoph
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2009.
Saila:IMF Working Papers; Working Paper ; No. 2009/029
Sarrera elektronikoa:Full text available on IMF