The Heterogeneity of Default Costs: Evidence from Recent Sovereign Debt Crises
This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric technique based on comparative case studies. Evidence on the effects of debt crises is thus presented on a case-by-case basis, uncovering large variations in country-specific experiences...
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| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 51-2011) |
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| Main Author: | |
| Format: | Work |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2011
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| Subjects: | |
| Online Access: | PDF Full Text |
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