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Default and lost opportunities: a message from Argentina for euro-zone countries

Author

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  • Carlos E. Zarazaga

Abstract

Argentina's experience suggests that default will be accompanied by costs that may be missed by looking only at output growth.

Suggested Citation

  • Carlos E. Zarazaga, 2012. "Default and lost opportunities: a message from Argentina for euro-zone countries," Economic Letter, Federal Reserve Bank of Dallas, vol. 7(4), May.
  • Handle: RePEc:fip:feddel:y:2012:i:may:n:v.7no.4
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    Cited by:

    1. Seunghoon Na & Stephanie Schmitt-Grohe & Martin Uribe & Vivian Z. Yue, 2015. "A model of the Twin Ds: optimal default and devaluation," FRB Atlanta CQER Working Paper 2015-1, Federal Reserve Bank of Atlanta.
    2. Seunghoon Na & Stephanie Schmitt-Grohé & Martín Uribe & Vivian Yue, 2018. "The Twin Ds: Optimal Default and Devaluation," American Economic Review, American Economic Association, vol. 108(7), pages 1773-1819, July.

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    Keywords

    Debt;

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