Empirical Research on Sovereign Debt and Default

被引:73
|
作者
Tomz, Michael [1 ,2 ]
Wright, Mark L. J. [3 ,4 ,5 ]
机构
[1] Stanford Univ, Stanford Ctr Int Dev, Dept Polit Sci, Stanford, CA 94305 USA
[2] Stanford Univ, Stanford Inst Econ Policy Res, Stanford, CA 94305 USA
[3] Fed Reserve Bank Chicago, Chicago, IL 60604 USA
[4] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90095 USA
[5] Natl Bur Econ Res, Cambridge, MA 02138 USA
来源
基金
美国国家科学基金会;
关键词
capital flows; international macroeconomics; international relations; political economy; DEMOCRATIC ADVANTAGE; DEVELOPING-COUNTRIES; POLITICAL-INSTITUTIONS; EMERGING ECONOMIES; GOLD STANDARD; CRISES; RISK; COSTS; MATURITY; RELIEF;
D O I
10.1146/annurev-economics-061109-080443
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this article, 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.
引用
收藏
页码:247 / 272
页数:26
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