The Economics of Sovereign Debt and Default

by Manuel Amador and Mark Aguiar

Book Overview

An integrated approach to the economics of sovereign default

Fiscal crises and sovereign default repeatedly threaten the stability and growth of economies around the world. Mark Aguiar and Manuel Amador provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets, and proposing...

• Format: Hardcover
• Language: English
• ISBN: 0691176817
• ISBN13: 9780691176819
• Release Date: December 2021
• Publisher: Princeton University Press
• Length: 200 Pages
• Weight: 1.05 lbs.
• Dimensions: 0.9" x 6.2" x 9.3"