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Statement to Congress, June 18, 1986 (debt situation of developing countries)

Volcker, Paul A. - In: Federal Reserve Bulletin (1986) Aug, pp. 560-565

Persistent link: https://www.econbiz.de/10005502047

One reason countries pay their debts: renegotiation and international trade

Rose, Andrew K. - Federal Reserve Bank of New York - 2001

This paper estimates the effect of sovereign debt renegotiation on international trade. Sovereign default may be … associated with a subsequent decline in international trade either because creditors want to deter default by debtors, or because … influence bilateral trade flows, including the incidence of International Monetary Fund programs. Using the dates of sovereign …

Persistent link: https://www.econbiz.de/10005420662

Sovereign default risk and uncertainty premia

Pouzo, Demian; Presno, Ignacio - Federal Reserve Bank of Boston - 2012

This paper studies how foreign investors' concerns about model misspecification affect sovereign bond spreads. We develop a general equilibrium model of sovereign debt with endogenous default wherein investors fear that the probability model of the underlying state of the borrowing economy is...

Persistent link: https://www.econbiz.de/10010592575

When is there a strong transfer risk from the sovereigns to the corporates? Property rights gaps and CDS spreads

Bai, Jennie; Wei, Shang-Jin - Federal Reserve Bank of New York - 2012

reason why international investment in private companies has to take into account the sovereign risk. But the likelihood of …

Persistent link: https://www.econbiz.de/10010592579

Debt repayment and economic adjustment

Humpage, Owen F. - In: Economic Commentary (1988) Jun

An examination of the developing-country debt problem, considering both the difficulty of obtaining and servicing foreign loans and the resource adjustments associated with consumption, investment, and trade patterns.

Persistent link: https://www.econbiz.de/10005390465

Sovereign credit ratings

Cantor, Richard; Packer, Frank - In: Current Issues in Economics and Finance 1 (1995) Jun

Sovereign ratings are gaining importance as more governments with greater default risk borrow in international bond …

Persistent link: https://www.econbiz.de/10005512170

A theoretical analysis of capital flight from debtor nations

Charrette, Susan M. - Federal Reserve Bank of New York - 1991

Persistent link: https://www.econbiz.de/10005512190

Perspectives on U.S. external deficits

Akhtar, M.A. - Federal Reserve Bank of New York - 1995

The paper examines the evolution of U.S. external balances since 1980 and considers various explanations for the … persistence of external deficits in the late 1980s and the 1990s. It also offers a general assessment of the medium-term prospects … for U.S. current account deficits. The review of evidence indicates that the huge increase in U.S. external deficits over …

Persistent link: https://www.econbiz.de/10005512201

Debt, financial stability, and public policy (Symposium overview)

Higgins, Bryon - In: Proceedings - Economic Policy Symposium - Jackson Hole (1986), pp. 1-14

Persistent link: https://www.econbiz.de/10005519940

Debt, financial stability, and public policy : a symposium, Jackson Hole, Wyoming, August 27-29, 1986

In: Proceedings - Economic Policy Symposium - Jackson Hole (1986)

Persistent link: https://www.econbiz.de/10005519961