Showing 1 - 10 of 2,844
This paper assesses the consequences of implementing a joint liability debt system in a two-country small open economy model. With joint liability a default of one country makes the other participant liable for its debt. The results highlight a trade-off between the contagion risk, in the sense...
Persistent link: https://www.econbiz.de/10012114435
Persistent link: https://www.econbiz.de/10010391038
Persistent link: https://www.econbiz.de/10011350521
Persistent link: https://www.econbiz.de/10011623985
Persistent link: https://www.econbiz.de/10011672053
Persistent link: https://www.econbiz.de/10012041610
Persistent link: https://www.econbiz.de/10014507879
Persistent link: https://www.econbiz.de/10009746528
Persistent link: https://www.econbiz.de/10012519961
Persistent link: https://www.econbiz.de/10012629722