Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Title "Sovereign debt with adverse selection : a quantitative approach"
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Sovereign debt with adverse selection : a quantitative approach
2002-10-17We construct a dynamic equilibrium model to quantitatively study sovereign debt with contingent services and country risk spreads such that the benefits of defaulting are tempered by higher interest rates in the future. ...


