Sovereign Debt Repatriation During Crises /
We use a new, comprehensive data set on the sovereign debt investor base to document three novel empirical facts: (i) sovereign debt is repatriated - that is, shifted from external private to domestic investors - prior to sovereign defaults; (ii) not all crises are equal: evidence for repatriation d...
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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
2022.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2022/077 |
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| Accesso online: | Full text available on IMF |