Sovereign debt dynamics with serial defaults
A Bougias, A Episcopos - Available at SSRN 3860762, 2021 - papers.ssrn.com
This paper introduces serial defaults in the structural model of Jeanneret (2015. Journal of
Financial and Quantitative Analysis 50, 963-985). We consider a government that can …
Financial and Quantitative Analysis 50, 963-985). We consider a government that can …