Lewis, Jide; Dangerfield, Brian - In: Feedback economics : economic modeling with system dynamics, (pp. 349-376). 2021
Using a system dynamics framework, this chapter examines the relationship between sovereign debt dynamics and the … forward-looking. The framework identifies the transmission mechanisms linking sovereign debt and financial sector crises when … sovereign debt crises in other emerging countries. The model promotes a causality-driven explanation for the reasons behind …