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Browsing Recerca: working papers, preprints, informes, etc. by Subject "debt crises."

Browsing Recerca: working papers, preprints, informes, etc. by Subject "debt crises."

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  • Fernández, Raquel; Martin, Alberto, 1974- (2014-12-01)
    We present a simple model of sovereign debt crises in which a country chooses its optimal mix of short and long-term bonds subject to standard contracting frictions: the country cannot commit to repay its debts nor to a ...

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