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...

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מידע ביבליוגרפי
מחבר ראשי: Forni, Lorenzo
מחברים אחרים: Pisani, Massimiliano
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2013.
סדרה:IMF Working Papers; Working Paper ; No. 2013/269
גישה מקוונת:Full text available on IMF