IMF Staff Papers, Volume 56, No. 4.
This paper empirically evaluates four types of costs that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic costs...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2009.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 2009/004 |
| Online Access: | Full text available on IMF |