We study the relationship between default and the maturity structure of the debt portfolio of a Sovereign, under …

This paper examines ways to summarize the maturity structure of public debts using a small number of parameters. We …) more accurately describes changes in debt maturity for these six countries and 2) gives a quite different interpretation of … historical debt maturity. Our work can be applied not just to analyze past debt movements, but - because parameter estimates are …

This paper presents a theory of the maturity of international sovereign debt and derives its implications for the …

The paper looks at the relationship between reserve requirements and the choice of the maturity structure of external … debt in a general equilibrium setup, by incorporating the role of international lenders. A date- and maturity … maturity, the central bank returns the reserves. There exist some specific combinations of date- and maturity-specific reserve …

This paper examines how debt maturity affects the debt limit, defined as the maximum amount of debt a government can … leads to a higher debt limit. Simulation results suggest that the effect of debt maturity on debt limit could be substantial …