The Economics of Sovereign Debt and Default - Free Tracked Delivery
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 sensible approaches to sovereign debt management.
The Economics of Sovereign Debt and Default looks at the core friction unique to sovereign debt\u2014the lack of strong legal enforcement\u2014and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to \u201Cdilute\u201D existing creditors, and sovereign debt\u2019s
The Economics of Sovereign Debt and Default
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Details:The Economics of Sovereign Debt and Default - Free Tracked Delivery
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 sensible approaches to sovereign debt management.
The Economics of Sovereign Debt and Default looks at the core friction unique to sovereign debt\u2014the lack of strong legal enforcement\u2014and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to \u201Cdilute\u201D existing creditors, and sovereign debt\u2019s
The Economics of Sovereign Debt and Default
Free UK delivery on this item.
This brand new item is available with free UK delivery with Royal Mail tracked services.
Pl;
Price now:
From
£33.09
to
£34.65
Product Description
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 sensible approaches to sovereign debt management.
The Economics of Sovereign Debt and Default looks at the core friction unique to sovereign debt\u2014the lack of strong legal enforcement\u2014and goes on to examine additional frictions such as deadweight costs of default, vulnerability to runs, the incentive to \u201Cdilute\u201D existing creditors, and sovereign debt\u2019s
The Economics of Sovereign Debt and Default
Free UK delivery on this item.
This brand new item is available with free UK delivery with Royal Mail tracked services.
Pl;
Product Specifications
General | |
|---|---|
Brand | Princeton University Press |
Format | Hardcover |
Language | English |
Type | Textbook |
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