Search Results - subject:"Rollover crisis"

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Preemptive austerity with rollover risk

Conesa, Juan Carlos; Kehoe, Timothy Jerome - 2024 - Revised March 2024

Persistent link: https://www.econbiz.de/10014428344

Financial frictions in macroeconomics

Christiano, Lawrence - In: Journal of international money and finance 122 (2022), pp. 1-12

Persistent link: https://www.econbiz.de/10013433613

Dividend payouts and rollover crises

Juelsrud, Ragnar Enger; Nenov, Plamen T. - In: The review of financial studies 33 (2020) 9, pp. 4139-4185

Persistent link: https://www.econbiz.de/10012387367

Gambling for redemption and self-fulfilling debt crises

Conesa, Juan Carlos; Kehoe, Timothy Jerome - In: Economic theory : official journal of the Society for … 64 (2017) 4, pp. 707-740

Persistent link: https://www.econbiz.de/10011946054

Risk Sharing with the Monarch: Contingent Debt and Excusable Defaults in the Age of Philip II, 1556-1598

Drelichman, Mauricio; Voth, Hans-Joachim - Vancouver School of Economics - 2011

Contingent sovereign debt can create important welfare gains. Nonetheless, there is almost no issuance today. Using hand-collected archival data, we examine the first known case of large-scale use of state-contingent sovereign debt in history. Philip II of Spain entered into hundreds of...

Persistent link: https://www.econbiz.de/10009191058