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The Long and the Short of It: Sovereign Debt Crises and Debt Maturity
16 references·1 citing·49 second hopsampled
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References

  • 2001Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking2,006 cited
  • 1998Liquidity Risk, Liquidity Creation and Financial Fragility: A Theory of Banking588 cited
  • 1989Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661.450 cited
  • 2009Sovereign default and debt renegotiation439 cited
  • 2010The Maturity Rat Race438 cited
  • 2012Default and the Maturity Structure in Sovereign Bonds430 cited
  • 2009The Costs of Sovereign Default402 cited
  • 2012Maturity, Indebtedness, and Default Risk382 cited
  • 2002Fiscal Policy with Noncontingent Debt and the Optimal Maturity Structure269 cited
  • 2013WHY DO EMERGING ECONOMIES BORROW SHORT TERM?252 cited
  • 2004Optimal maturity of government debt without state contingent bonds193 cited
  • 2016

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Debt Dilution and Sovereign Default Risk
143 cited
  • 2005Structuring and Restructuring Sovereign Debt: The Role of Seniority139 cited
  • 2008The Costs of Sovereign Default124 cited
  • 2009Debt Maturity and the International Financial Architecture121 cited
  • 2011Maturity, Indebtedness, and Default Risk112 cited
  • Cited by

    • 2017Sovereign debt maturity structure under asymmetric information31 cited