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...
| Главный автор: | |
|---|---|
| Другие авторы: | |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2013/269 |
| Online-ссылка: | Full text available on IMF |