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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Trebesch, Christoph
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/029
Mynediad Ar-lein:Full text available on IMF