Welcome to the UPF Digital Repository

Browsing Economics and Business Working Papers Series by Subject "debt overhang"

Browsing Economics and Business Working Papers Series by Subject "debt overhang"

Sort by: Order: Results:

  • Martin, Alberto; Mayordomo, Sergio; Vanasco, Victoria (2023-04-03)
    Many countries implemented large-scale programs to guarantee private credit in response to the outbreak of COVID-19. Yet the role of banks in allocating guarantees - and thus in shaping their effects - is not well understood. ...
  • Liu, Yan; Marimon, Ramon; Wicht, Adrien (2022-03-01)
    We develop an optimal design of a Financial Stability Fund that coexists with the international debt market. The sovereign can borrow long-term defaultable bonds on the private international market, while having with the ...
  • Ábrahám, Árpád; Cárceles-Poveda, Eva; Liu, Yan; Marimon, Ramon (2022-03-01)
    We develop a model of a Financial Stability Fund (Fund) for a union of sovereign countries. By contract design, the Fund never has expected undesired losses while, being default-free, a participant country has greater ...
  • Imbs, Jean; Rancière, Romain (2005-06-01)
  • Drelichman, Mauricio; Voth, Hans-Joachim (2006-12-01)
    The defaults of Philip II have attained mythical status as the origin of sovereign debt crises. We reassess the fiscal position of Habsburg Castile, deriving comprehensive estimates of revenue, debt, and expenditure from ...

Search DSpace


Advanced Search

Browse

My Account

In collaboration with Compliant to Partaking