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Political Power and the Credibility of Government Debt


  • Dixit, Avinash
  • Londregan, John


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  • Dixit, Avinash & Londregan, John, 2000. "Political Power and the Credibility of Government Debt," Journal of Economic Theory, Elsevier, vol. 94(1), pages 80-105, September.
  • Handle: RePEc:eee:jetheo:v:94:y:2000:i:1:p:80-105

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    References listed on IDEAS

    1. Persson, Torsten & Tabellini, Guido, 1999. "Political economics and macroeconomic policy," Handbook of Macroeconomics,in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 22, pages 1397-1482 Elsevier.
    2. Sargent, Thomas J & Velde, Francois R, 1995. "Macroeconomic Features of the French Revolution," Journal of Political Economy, University of Chicago Press, vol. 103(3), pages 474-518, June.
    3. Avinash Dixit & John Londregan, 1998. "Ideology, Tactics, and Efficiency in Redistributive Politics," The Quarterly Journal of Economics, Oxford University Press, vol. 113(2), pages 497-529.
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    Cited by:

    1. Niepelt, Dirk, 2014. "Debt maturity without commitment," Journal of Monetary Economics, Elsevier, vol. 68(S), pages 37-54.
    2. Giordano, Raffaela & Tommasino, Pietro, 2011. "What determines debt intolerance? The role of political and monetary institutions," European Journal of Political Economy, Elsevier, vol. 27(3), pages 471-484, September.
    3. Chari, V. V., 2000. "Limits of Markets and Limits of Governments: An Introduction to a Symposium on Political Economy," Journal of Economic Theory, Elsevier, vol. 94(1), pages 1-6, September.
    4. Roger B. Myerson, 2004. "Political Economics and the Weimar Disaster," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 160(2), pages 187-187, June.
    5. Pablo D'Erasmo & Enrique G. Mendoza, 2016. "Distributional Incentives In An Equilibrium Model Of Domestic Sovereign Default," Journal of the European Economic Association, European Economic Association, vol. 14(1), pages 7-44, February.
    6. Debora Di Gioacchino & Sergio Ginebri & Laura Sabani, 2003. "The Political Power of the Owners of Public Debt," Rivista di Politica Economica, SIPI Spa, vol. 93(1), pages 79-118, January-F.
    7. Juan Carlos Hatchondo & Leonardo Martinez, 2010. "The politics of sovereign defaults," Economic Quarterly, Federal Reserve Bank of Richmond, issue 3Q, pages 291-317.
    8. repec:eee:macchp:v2-2493 is not listed on IDEAS
    9. repec:eee:inecon:v:108:y:2017:i:c:p:37-53 is not listed on IDEAS
    10. Dirk Niepelt, 2009. "Sovereign Debt Maturity without Commitment," 2009 Meeting Papers 231, Society for Economic Dynamics.
    11. Almuth Scholl, 2015. "The Dynamics of Sovereign Default Risk and Political Turnover," Working Paper Series of the Department of Economics, University of Konstanz 2015-05, Department of Economics, University of Konstanz.
    12. Debora Di Gioacchino & Sergio Ginebri & Laura Sabani, 2008. "Sovereign Debt Capacity and the Distribution of Domestic Wealth: A Common Agency Model," Review of International Economics, Wiley Blackwell, vol. 16(4), pages 798-813, September.

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