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Sovereign Debt Repurchases: No Cure For Overhang

Author

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  • BULOW, J.
  • ROGOF, K.

Abstract

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Suggested Citation

  • Bulow, J. & Rogof, K., 1989. "Sovereign Debt Repurchases: No Cure For Overhang," Working papers 8903, Wisconsin Madison - Social Systems.
  • Handle: RePEc:att:wimass:8903
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    Citations

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    Cited by:

    1. Arellano, Cristina & Kocherlakota, Narayana, 2014. "Internal debt crises and sovereign defaults," Journal of Monetary Economics, Elsevier, vol. 68(S), pages 68-80.
    2. Fernando A. Broner & Guido Lorenzoni & Sergio L. Schmukler, 2013. "Why Do Emerging Economies Borrow Short Term?," Journal of the European Economic Association, European Economic Association, vol. 11, pages 67-100, January.
    3. Martinez, Jose Vicente & Sandleris, Guido, 2011. "Is it punishment? Sovereign defaults and the decline in trade," Journal of International Money and Finance, Elsevier, vol. 30(6), pages 909-930, October.
    4. Röhrs, Sigrid & Winter, Christoph, 2015. "Public versus private provision of liquidity: Is there a trade-off?," Journal of Economic Dynamics and Control, Elsevier, vol. 53(C), pages 314-339.
    5. Broer, Tobias, 2014. "Domestic or global imbalances? Rising income risk and the fall in the US current account," Journal of Monetary Economics, Elsevier, vol. 64(C), pages 47-67.
    6. Auclert, Adrien & Rognlie, Matthew, 2016. "Unique equilibrium in the Eaton–Gersovitz model of sovereign debt," Journal of Monetary Economics, Elsevier, vol. 84(C), pages 134-146.
    7. Gertner, Robert & Scharfstein, David, 1991. "A Theory of Workouts and the Effects of Reorganization Law," Journal of Finance, American Finance Association, vol. 46(4), pages 1189-1222, September.
    8. Detragiache, Enrica, 1991. "Sensible debt buybacks for highly indebted countries," Policy Research Working Paper Series 621, The World Bank.
    9. Willem Buiter & Ricardo Lago, 2001. "Debt in Transition Economies: Where is it Heading, What can be Done About it?," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 191-213.
    10. Willem Buiter & Ricardo Lago, 2001. "La dette des économies en transition : évolution et marche à suivre," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 207-231.

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