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A Solution to the Default Risk-Business Cycle Disconnect
16 references·12 citing·36 second hop
A Solution to the Default Risk-Business Cycle Disconnect (2008)A Solution to the Default Risk-Business C…Sovereign default and debt renegotiation (2009)Sovereign default and debt re…Long-duration bonds and sovereign defaults (2009)Long-duration bonds and sover…Sovereign debt crises and credit to the private sector (2007)Sovereign debt crises and cre…Default Risk and Income Fluctuations in Emerging Economies (2007)Default Risk and Income Fluct…One reason countries pay their debts: renegotiation and international trade (2005)One reason countries pay thei…Defaultable debt, interest rates and the current account (2005)Defaultable debt, interest ra…Country spreads and emerging countries: Who drives whom? (2005)Country spreads and emerging …Business cycles in emerging economies: the role of interest rates (2005)Business cycles in emerging e…Sovereign Borrowing by Developing Countries: What Determines Market Access? (2004)Sovereign Borrowing by Develo…Country Spreads and Emerging Countries: Who Drives Whom? (2003)Country Spreads and Emerging …Real Business Cycles in a Small Open Economy (1991)Real Business Cycles in a Sma…Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…Finite state markov-chain approximations to univariate and vector autoregressions (1986)Finite state markov-chain app…LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80 (1984)LDC Foreign Borrowing and Def…LDC's Foreign Borrowing and Default Risk: An Empirical Investigation (1983)LDC's Foreign Borrowing and D…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Debt with Potential Repudiati…Debt Dilution and Sovereign Default Risk (2016)Debt Dilution and Sovereign D…Internal debt crises and sovereign defaults (2014)Internal debt crises and sove…International Government Debt (2012)International Government DebtFinancial frictions and total factor productivity: Accounting for the real effects of financial crises (2011)Financial frictions and total…Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets (2010)Sovereign Default Risk and Pr…Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets (2010)Sovereign Default Risk and Pr…“Unfunded liabilities” and uncertain fiscal financing (2010)“Unfunded liabilities” and un…Sovereign Default, Private Sector Creditors and the IFIs (2009)Sovereign Default, Private Se…Macroeconomic stabilization in developing economies: Are optimal policies procyclical? 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(1936)The General Theory of Employment (1937)Income and Wealth Heterogeneity in the Macroeconomy (1998)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Forecasting the Term Structure of Government Bond Yields (2003)Emerging Market Business Cycles: The Cycle Is the Trend (2007)Sovereign Risk and Secondary Markets (2010)Default and the Maturity Structure in Sovereign Bonds (2012)Maturity, Indebtedness, and Default Risk (2012)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)How Sovereign Is Sovereign Credit Risk? (2011)Agency Costs, Net Worth, And Business Fluctuations (1988)Credit Cycles (1997)The Economics and Law of Sovereign Debt and Default (2009)Sovereign Defaults: The Price of Haircuts (2011)Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies (2013)Asset Prices in an Exchange Economy (1978)The Economics of Information and Uncertainty (1982)Quadrature-Based Methods for Obtaining Approximate Solutions to Nonlinear Asset Pricing Models (1991)Asset pricing in production economies (1998)On the Nature of Capital Adjustment Costs (2006)Econometric policy evaluation: A critique (1976)Statistical analysis of cointegration vectors (1988)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt (2010)A General Equilibrium Model of Sovereign Default and Business Cycles (2012)Foundations of International Macroeconomics (1997)Estimation of Dynamic Models with Error Components (1981)The Current Account and Macroeconomic Adjustment in the 1970s (1981)Understanding the determinants of sovereign debt ratings: Evidence for the two leading agencies (2003)Systemic sovereign credit risk: Lessons from the U.S. and Europe (2013)Sudden Stops, Financial Crises, and Leverage (2010)
this work references cited by second hop

References

  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 1986Finite state markov-chain approximations to univariate and vector autoregressions1,538 cited
  • 2005Business cycles in emerging economies: the role of interest rates1,360 cited
  • 2007Default Risk and Income Fluctuations in Emerging Economies1,288 cited
  • 1991Real Business Cycles in a Small Open Economy1,093 cited
  • 2005Defaultable debt, interest rates and the current account800 cited
  • 2005Country spreads and emerging countries: Who drives whom?698 cited
  • 1984LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80459 cited
  • 2009Sovereign default and debt renegotiation439 cited
  • 2004Sovereign Borrowing by Developing Countries: What Determines Market Access?418 cited
  • 2009Long-duration bonds and sovereign defaults411 cited
  • 2003Country Spreads and Emerging Countries: Who Drives Whom?408 cited
  • 2005One reason countries pay their debts: renegotiation and international trade393 cited
  • 2007Sovereign debt crises and credit to the private sector309 cited

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  • 1983LDC's Foreign Borrowing and Default Risk: An Empirical Investigation287 cited
  • Cited by

    • 2016Debt Dilution and Sovereign Default Risk143 cited
    • 2010“Unfunded liabilities” and uncertain fiscal financing126 cited
    • 2009Sovereign Default, Private Sector Creditors and the IFIs67 cited
    • 2008Persistent gaps and default traps55 cited
    • 2012International Government Debt48 cited
    • 2014Internal debt crises and sovereign defaults48 cited
    • 2011Financial frictions and total factor productivity: Accounting for the real effects of financial crises48 cited
    • 2006Sovereign Risk and Secondary Markets46 cited
    • 2010Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets44 cited
    • 2008Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q40 cited
    • 2010Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets36 cited
    • 2009Macroeconomic stabilization in developing economies: Are optimal policies procyclical?34 cited