Empirical research on sovereign debt and default
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Tomz, Michael
Wright, Mark L. J.
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Crawford School of Public Policy, The Australian National University
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Open Access
Abstract
In this essay we review the empirical literature about sovereign debt and default. As we survey the work of economists, historians, and political scientists, we also emphasize parallel developments by theorists and recommend steps to improve the correspondence between theory and data.
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Centre for Applied Macroeconomic Analysis Working Papers
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Publication
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Open Access