When Governments Promise to Prioritize Public Debt: Do Markets Care?
Download full text from publisher
Other versions of this item:
- Gulati, Mitu & Panizza, Ugo & Weidemaier, Mark & Willingham, Grace, 2019. "When Governments Promise to Prioritize Public Debt: Do Markets Care?," CEPR Discussion Papers 13673, C.E.P.R. Discussion Papers.
References listed on IDEAS
- Eichengreen, Barry & Bayoumi, Tamim, 1994.
"The political economy of fiscal restrictions: Implications for Europe from the United States,"
European Economic Review, Elsevier, vol. 38(3-4), pages 783-791, April.
- Eichengreen, Barry, 1993. "The Political Economy of Fiscal Restrictions: Implications for Europe from the United States," Center for International and Development Economics Research (CIDER) Working Papers 233201, University of California-Berkeley, Department of Economics.
- Barry Eichengreen and Tamim Bayoumi., 1993. "The Political Economy of Fiscal Restrictions: Implications for Europe from the United States," Center for International and Development Economics Research (CIDER) Working Papers C93-020, University of California at Berkeley.
- Scholl, Almuth, 2017.
"The dynamics of sovereign default risk and political turnover,"
Journal of International Economics, Elsevier, vol. 108(C), pages 37-53.
- 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.
- Vizcarra, Catalina, 2009. "Guano, Credible Commitments, and Sovereign Debt Repayment in Nineteenth-Century Peru," The Journal of Economic History, Cambridge University Press, vol. 69(2), pages 358-387, June.
- Hausmann Ricardo & Panizza Ugo, 2011.
"Redemption or Abstinence? Original Sin, Currency Mismatches and Counter Cyclical Policies in the New Millennium,"
Journal of Globalization and Development, De Gruyter, vol. 2(1), pages 1-35, August.
- Ricardo Hausmann & Ugo Panizza, 2010. "Redemption or Abstinence? Original Sin, Currency Mismatches and Counter-Cyclical Policies in the New Millenium," CID Working Papers 194, Center for International Development at Harvard University.
- North, Douglass C. & Weingast, Barry R., 1989. "Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England," The Journal of Economic History, Cambridge University Press, vol. 49(4), pages 803-832, December.
- Eichengreen, Barry & Portes, Richard, 1986.
"Debt and default in the 1930s : Causes and consequences,"
European Economic Review, Elsevier, vol. 30(3), pages 599-640, June.
- Eichengreen, Barry & Portes, Richard, 1985. "Debt and Default in the 1930s: Causes and Consequences," CEPR Discussion Papers 75, C.E.P.R. Discussion Papers.
- Barry J. Eichengreen & Richard Portes, 1985. "Debt and Default in the 1930s: Causes and Consequences," NBER Working Papers 1772, National Bureau of Economic Research, Inc.
- Flandreau, Marc & Flores, Juan H., 2009. "Bonds and Brands: Foundations of Sovereign Debt Markets, 1820â€“1830," The Journal of Economic History, Cambridge University Press, vol. 69(3), pages 646-684, September.
- John Dove, 2012. "Credible commitments and constitutional constraints: state debt repudiation and default in nineteenth century America," Constitutional Political Economy, Springer, vol. 23(1), pages 66-93, March.
- Sussman, Nathan & Yafeh, Yishay, 2006. "Institutional Reforms, Financial Development and Sovereign Debt: Britain 1690â€“1790," The Journal of Economic History, Cambridge University Press, vol. 66(4), pages 906-935, December.
- Kirsten H. Heppke‐Falk & Guntram B. Wolff, 2008.
"Moral Hazard and Bail‐Out in Fiscal Federations: Evidence for the German Länder,"
Kyklos, Wiley Blackwell, vol. 61(3), pages 425-446, August.
- Heppke-Falk, Kirsten H. & Wolff, Guntram B., 2007. "Moral hazard and bail-out in fiscal federations: evidence for the German Länder," Discussion Paper Series 1: Economic Studies 2007,07, Deutsche Bundesbank.
- Picarelli, Mattia & Erce, Aitor, 2018. "The Benefits of Reducing Hold-Out Risk: Evidence from the Euro CAC Experiment, 2013-2018," MPRA Paper 89973, University Library of Munich, Germany.
- Ashoka Mody & Diego Saravia, 2006. "Catalysing Private Capital Flows: Do IMF Programmes Work as Commitment Devices?," Economic Journal, Royal Economic Society, vol. 116(513), pages 843-867, July.
- Robert C. Lowry, 2001. "A Visible Hand? Bond Markets, Political Parties, Balanced Budget Laws, and State Government Debt," Economics and Politics, Wiley Blackwell, vol. 13(1), pages 49-72, March.
More about this item
KeywordsSovereign Debt; Debt Sustainability; Sovereign Spreads;
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
NEP fieldsThis paper has been announced in the following NEP Reports:
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gii:giihei:heidwp07-2019. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dorina Dobre). General contact details of provider: http://edirc.repec.org/data/ieheich.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.