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Strategic Models of Sovereign-Debt Renegotiations
6 references·16 citing·39 second hop
Strategic Models of Sovereign-Debt Renegotiations (1990)Strategic Models of Sovereign-Debt Renego…How Sovereign Debt Has Worked (1989)How Sovereign Debt Has WorkedThe pure theory of country risk (1986)The pure theory of country ri…A Constant Recontracting Model of Sovereign Debt (1986)A Constant Recontracting Mode…Theoretical Issues in International Borrowing (1983)Theoretical Issues in Interna…Perfect Equilibrium in a Bargaining Model (1982)Perfect Equilibrium in a Barg…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Debt with Potential Repudiati…Country Solidarity in Sovereign Crises (2015)Country Solidarity in Soverei…Lending to the borrower from hell: debt, taxes, and default in the age of Philip II (2014)Lending to the borrower from …Sovereign Debt, Government Myopia, and the Financial Sector (2013)Sovereign Debt, Government My…Sovereign defaults and liquidity crises (2011)Sovereign defaults and liquid…Is it punishment? Sovereign defaults and the decline in trade (2011)Is it punishment? Sovereign d…Globalization and Risk Sharing (2011)Globalization and Risk SharingDuration of sovereign debt renegotiation (2011)Duration of sovereign debt re…Rethinking the Effects of Financial Liberalization (2010)Rethinking the Effects of Fin…Equilibrium Default Cycles (2007)Equilibrium Default CyclesGlobalization and Risk Sharing (2006)Globalization and Risk SharingEquilibrium selection in bargaining models (2003)Equilibrium selection in barg…Debt v. Foreign Direct Investment: The Impact of Sovereign Risk on the Structure of International Capital Flows (2002)Debt v. Foreign Direct Invest…Reputations and Sovereign Debt (2001)Reputations and Sovereign DebtThe role of institutions in reputation models of sovereign debt (1995)The role of institutions in r…Chapter 39 Sovereign debt (1995)Chapter 39 Sovereign debtTrigger Price Regulation (1992)Trigger Price RegulationLifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Defaultable debt, interest rates and the current account (2005)Default Risk and Income Fluctuations in Emerging Economies (2007)How Sovereign Is Sovereign Credit Risk? (2011)Predation, reputation, and entry deterrence (1982)Reputation and imperfect information (1982)A Political Economy Model of Sovereign Debt Repayment (2002)Bubbles and Self-Enforcing Debt (2009)Coalition-Proof Nash Equilibria I. Concepts (1987)Sovereign Debt: Is To Forgive To Forget? (1988)Recursive Macroeconomic Theory (2000)Bonds and Brands: Foundations of Sovereign Debt Markets, 1820–1830 (2009)Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment (2011)Mathematical Psychics. An Essay on the Application of Mathematics to the Moral Sciences. (1935)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration (1986)An Introduction to Varieties of Capitalism (2001)Varieties of Capitalism (2001)Determinants of corporate borrowing (1977)Credit Rationing in Markets with Imperfect Information (1981)The pricing of bonds and bank loans in international markets (1986)Crises and Liquidity (2001)Who Borrows from the Lender of Last Resort? (2016)Managerial Incentive Problems: A Dynamic Perspective (1999)Growth in a Time of Debt (2010)SOVEREIGN DEBT SUSTAINABILITY IN ADVANCED ECONOMIES (2015)Sovereign credit spreads under good/bad governance (2018)Sovereign Debt in the Twenty-first Century (2023)Bank Runs, Deposit Insurance, and Liquidity (1983)Servicing 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. (1989)The Economics of Development: A Survey (1989)The Economics and Law of Sovereign Debt and Default (2009)International investment and colonial control: a new interpretation (1994)The case for GDP-indexed bonds (2004)The Forgotten History of Domestic Debt (2011)This Time is Different: A Panoramic View of Eight Centuries of Financial Crises (2008)A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk (2014)Government Reputation and Debt Repayment in Emerging Economies (2008)Empirical Research on Sovereign Debt and Default (2012)
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References

  • 1982Perfect Equilibrium in a Bargaining Model5,287 cited
  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 1986A Constant Recontracting Model of Sovereign Debt1,001 cited
  • 1986The pure theory of country risk573 cited
  • 1983Theoretical Issues in International Borrowing310 cited
  • 1989How Sovereign Debt Has Worked228 cited

Cited by

  • 2013Sovereign Debt, Government Myopia, and the Financial Sector118 cited
  • 1995The role of institutions in reputation models of sovereign debt110 cited
  • 2001Reputations and Sovereign Debt108 cited
  • 2011Is it punishment? Sovereign defaults and the decline in trade102 cited
  • 2011Globalization and Risk Sharing100 cited
  • 2011Sovereign defaults and liquidity crises97 cited
  • 2011Duration of sovereign debt renegotiation89 cited
  • 2014Lending to the borrower from hell: debt, taxes, and default in the age of Philip II86 cited
  • 2010Rethinking the Effects of Financial Liberalization82 cited
  • 2007Equilibrium Default Cycles

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79 cited
  • 2006Globalization and Risk Sharing79 cited
  • 1992Trigger Price Regulation76 cited
  • 2015Country Solidarity in Sovereign Crises74 cited
  • 2002Debt v. Foreign Direct Investment: The Impact of Sovereign Risk on the Structure of International Capital Flows72 cited
  • 2003Equilibrium selection in bargaining models71 cited
  • 1995Chapter 39 Sovereign debt62 cited