Private capital flows, capital controls, and default risk

Journal of International Economics

Volumn 69, Issue 1 SPEC. ISS., 2006, Pages 120-149

  Wright, Mark L J ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

Borrowing constraints; Capital controls; Capital flows; Capital subsidies; Default

Indexed keywords

CAPITAL FLOW; CAPITAL MARKET; PRIVATE SECTOR;

EID: 33646180463     PISSN: 00221996     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jinteco.2005.05.007     Document Type: Article

References (18)

1. Al-Kilani F. Corruption in the judiciary. Paper presented to 9th International Anti-Corruption Conference, Durban, South Africa (1999)
2. Alvarez F., and Jermann U.J. Efficiency, equilibrium and asset pricing with risk of default. Econometrica 68 4 (2000) 775-798
3. Ariyoshi A., Habermeier K., Laurens B., Otker-Robe I., Canales-Kriljenko J.I., and Kirilenko A. Capital controls: country experiences with their use and liberalization. International Monetary Fund Occasional Paper (2000) 190
4. Bulow J., and Rogoff K. Sovereign debt: is to forgive to forget?. American Economic Review 79 (1989) 43-50
5. Chang R. Private investment and sovereign debt negotiations. International Economic Review 36 2 (1995) 387-405
6. Cole H.L., and English W.B. Expropriation and direct investment. Journal of International Economics 30 (1991) 201-227
7. Cole H.L., and English W.B. Two-sided expropriation and international equity contracts. Journal of International Economics 33 (1992) 77-104
8. Eaton J., and Fernandez R. Sovereign debt. In: Grossman G.M., and Rogoff K. (Eds). Handbook of International Economics vol. 3 (1995), Elsevier, Amsterdam 2031-2076
9. Hellwig, C., Lorenzoni, G., 2003. Bubbles and Private Liquidity. Unpublished paper, Princeton University.
10. Jeske, K., 2001. Private International Debt with Risk of Repudiation. Federal Reserve Bank of Atlanta Working Paper 2001-16.
11. Kehoe T.J., and Levine D.K. Debt-constrained asset markets. Review of Economic Studies 60 (1993) 865-888
12. Kehoe, P.J., Perri, F., 2002. Competitive Equilibria with Limited Enforcement. Federal Reserve Bank of Minneapolis Staff Report 307.
13. Kletzer K.M., and Wright B.D. Sovereign debt as intertemporal barter. American Economic Review 90 3 (2000) 621-639
14. Kocherlakota N. Implications of efficient risk sharing without commitment. Review of Economic Studies 63 (1996) 595-609
15. Kocherlakota, N., Pistaferri, L., 2004. Asset Pricing Implications of Pareto Optimality with Private Information. Unpublished paper, Stanford University.
16. March R.M. An analysis of the 1976-77 Japan-Australia sugar dispute. Australia-Japan Economic Relations Research Papers 56 (1979) 1-20
17. Obstfeld M., and Taylor A.M. Global Capital Markets: Integration, Crisis, and Growth (2004), Cambridge University Press, Cambridge
18. Townsend R.M. Models of money with spatially separated agents. In: Kareken J.H., and Wallace N. (Eds). Models of Monetary Economies (1980), Federal Reserve Bank of Minneapolis, Minneapolis 265-313