Browse

You are looking at 1 - 2 of 2 items :

  • Keywords: debt x
  • Keywords: public debt x
Clear All
Can Debt Crises Be Self-Fulfilling?

Can Debt Crises Be Self-Fulfilling? »

Source: Can Debt Crises Be Self-Fulfilling?

Volume/Issue: 2004/99

Series: IMF Working Papers

Author(s): Marcos Chamon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2004

ISBN: 9781451852301

Keywords: Debt crises, multiple equilibria, financial innovation, investors, short-term debt, sovereign debt, public debt, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Several papers argue that debt crises can be the result of self-fulfilling expectations that no one will lend to a country. I show this type of coordination failure can be eliminated by a combination of state-conti...

Can Debt Crises Be Self-Fulfilling?

Can Debt Crises Be Self-Fulfilling? »

Volume/Issue: 2004/99

Series: IMF Working Papers

Author(s): Marcos Chamon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2004

DOI: http://dx.doi.org/10.5089/9781451852301.001

ISBN: 9781451852301

Keywords: Debt crises, multiple equilibria, financial innovation, investors, short-term debt, sovereign debt, public debt, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Several papers argue that debt crises can be the result of self-fulfilling expectations that no one will lend to a country. I show this type of coordination failure can be eliminated by a combination of state-conti...