Long-duration bonds and sovereign defaults

Journal of International Economics

Volumn 79, Issue 1, 2009, Pages 117-125

  Hatchondo, Juan Carlos ^a   Martinez, Leonardo ^b  

^a FEDERAL RESERVE BANK OF RICHMOND   (United States)

^b INTERNATIONAL MONETARY FUND   (United States)

Author keywords

Bond duration; Debt dilution; Endogenous borrowing constraints; Markov Perfect equilibrium; Sovereign default

Indexed keywords

CREDIT PROVISION; DEBT; ENDOGENOUS GROWTH; INTEREST RATE; LENDING BEHAVIOR; MARKOV CHAIN; SOVEREIGNTY;

EID: 69549121604     PISSN: 00221996     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jinteco.2009.07.002     Document Type: Article

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