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Restructuring under Radical Uncertainty: The Case of Argentina

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Listed:
  • Rodriguez, Francisco

Abstract

Argentina’s case is symptomatic of a confidence crisis as explained by multiple equilibria models of balance of payments crises. The IMF’s debt sustainability framework should be made flexible enough to allow for welfare-improving reprofiling solutions in such cases.

Suggested Citation

  • Rodriguez, Francisco, 2020. "Restructuring under Radical Uncertainty: The Case of Argentina," MPRA Paper 105127, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:105127
    as

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    File URL: https://mpra.ub.uni-muenchen.de/105127/1/MPRA_paper_105127.pdf
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    References listed on IDEAS

    as
    1. Ricardo J. Caballero, 2010. "Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome," Journal of Economic Perspectives, American Economic Association, vol. 24(4), pages 85-102, Fall.
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    More about this item

    Keywords

    Argentina; Debt reestructuring; Public Debt; Alberto Fernández;
    All these keywords.

    JEL classification:

    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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