The Economics of Sovereign Defaults A Reprint from the Federal Reserve Bank of Richmond Economic Quarterly |
|
| Author:
| Hatchondo, Juan Carlos
Martinez, Leonardo
Sapriza, Horacio |
| ISBN: | 978-1-4223-1735-8 |
| Publication Date: | Sep 2007 |
| Publisher: | DIANE Publishing Company
|
| Book Format: | Paperback |
| List Price: | USD $15.00 |
Book Description:
|
Discusses the economics of sovereign defaults, summarizing lessons from existing work on this issue. In particular, the article describes the costs associated with a sovereign default episode, identifies circumstances that are likely to lead to a default, & discusses how understanding sovereign defaults may help to account for distinctive economic features of emerging economies. Charts & tables.
Discusses the economics of sovereign defaults, summarizing lessons from existing work on this issue. In particular, the article describes the costs associated with a sovereign default episode, identifies circumstances that are likely to lead to a default, & discusses how understanding sovereign defaults may help to account for distinctive economic features of emerging economies. Charts & tables.