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Resolving sovereign debt crises: the role of political risk
16 references·1 citing·39 second hop
Resolving sovereign debt crises: the role of political risk (2018)Resolving sovereign debt crises: the role…SOVEREIGN DEBT RESTRUCTURINGS: PREEMPTIVE OR POST-DEFAULT (2016)SOVEREIGN DEBT RESTRUCTURINGS…Cross-National Time-Series Data Archive (2015)Cross-National Time-Series Da…A General Equilibrium Model of Sovereign Default and Business Cycles (2012)A General Equilibrium Model o…Sovereign Defaults: The Price of Haircuts (2011)Sovereign Defaults: The Price…Sovereign Risk and Secondary Markets (2010)Sovereign Risk and Secondary …This Time Is Different (2009)This Time Is DifferentThis Time Is Different (2009)This Time Is DifferentRecovery Before Redemption: A Theory of Delays in Sovereign Debt Renegotiations (2009)Recovery Before Redemption: A…“Rules of thumb” for sovereign debt crises (2009)“Rules of thumb” for sovereig…Sovereign default, interest rates and political uncertainty in emerging markets (2008)Sovereign default, interest r…Default Risk and Income Fluctuations in Emerging Economies (2007)Default Risk and Income Fluct…Debt Defaults and Lessons from a Decade of Crises (2007)Debt Defaults and Lessons fro…Institutional causes, macroeconomic symptoms: volatility, crises and growth (2003)Institutional causes, macroec…Debt Intolerance (2003)Debt IntoleranceDefault, Settlement, and Signalling: Lending Resumption in a Reputational Model of Sovereign Debt (1995)Default, Settlement, and Sign…The pure theory of country risk (1986)The pure theory of country ri…Sovereign Debt in the 21st Century (2021)Sovereign Debt in the 21st Ce…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)New Tools in Comparative Political Economy: The Database of Political Institutions (2001)Understanding Interaction Models: Improving Empirical Analyses (2005)The Economics and Law of Sovereign Debt and Default (2009)The Greek debt restructuring: an autopsy (2013)China’s Overseas Lending (2019)Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)The European Sovereign Debt Crisis (2012)Populism and the economics of globalization (2018)Systemic Banking Crises Database II (2020)Agency Costs, Net Worth, And Business Fluctuations (1988)Credit Cycles (1997)Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies (2013)Investment, Capacity Utilization and the Real Business Cycle (1986)Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia (2007)Maturity, Indebtedness, and Default Risk (2012)The Pass-Through of Sovereign Risk (2016)U.S. Monetary Policy and International Risk Spillovers (2019)Credit Rationing in Markets with Imperfect Information (1981)Reputation and imperfect information (1982)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)Economic Growth in a Cross Section of Countries (1991)Corruption and Growth (1995)Law and Finance (1998)Institutions as the Fundamental Cause of Long-Run Growth (2004)Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development (2004)The Colonial Origins of Comparative Development: An Empirical Investigation: Reply (2012)The Liquidation of Government Debt (2011)Systemic Banking Crises Database (2012)Examining the debt implications of the Belt and Road Initiative from a policy perspective (2019)Property and contract rights in autocracies and democracies (1996)Global instances of coups from 1950 to 2010: A new dataset (2011)An urbanization bomb? Population growth and social disorder in cities (2012)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies (2004)Public debt and growth: Heterogeneity and non-linearity (2015)
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References

  • 2009This Time Is Different3,448 cited
  • 2009This Time Is Different2,361 cited
  • 2003Institutional causes, macroeconomic symptoms: volatility, crises and growth1,502 cited
  • 2007Default Risk and Income Fluctuations in Emerging Economies1,288 cited
  • 2015Cross-National Time-Series Data Archive947 cited
  • 2003Debt Intolerance684 cited
  • 2011Sovereign Defaults: The Price of Haircuts578 cited
  • 1986The pure theory of country risk573 cited
  • 2012A General Equilibrium Model of Sovereign Default and Business Cycles526 cited
  • 2007Debt Defaults and Lessons from a Decade of Crises451 cited
  • 2010Sovereign Risk and Secondary Markets277 cited
  • 2009Recovery Before Redemption: A Theory of Delays in Sovereign Debt Renegotiations274 cited
  • 2009“Rules of thumb” for sovereign debt crises255 cited
  • 2008Sovereign default, interest rates and political uncertainty in emerging markets243 cited
  • 2016SOVEREIGN DEBT RESTRUCTURINGS: PREEMPTIVE OR POST-DEFAULT240 cited
  • 1995Default, Settlement, and Signalling: Lending Resumption in a Reputational Model of Sovereign Debt

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  • 2021Sovereign Debt in the 21st Century34 cited