Macroeconomic Effects of Sovereign Restructuring in a Monetary Union : A Model-based Approach /

We assess the macroeconomic effects of a sovereign restructuring in a small economy belonging to a monetary union by simulating a dynamic general equilibrium model. In line with the empirical evidence, we make the following three key assumptions. First, sovereign debt is held by domestic agents and...

詳細記述

書誌詳細
第一著者: Forni, Lorenzo
その他の著者: Pisani, Massimiliano
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
シリーズ:IMF Working Papers; Working Paper ; No. 2013/269
オンライン・アクセス:Full text available on IMF