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We use a new, comprehensive data set on the sovereign debt investor base to document three novel empirical facts: (i) sovereign debt is repatriated - that is, shifted from external private to domestic investors - prior to sovereign defaults; (ii) not all crises are equal: evidence for...
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around themes (serial default, inflation, etc.), although detailed tables in the book chronicled country-specific information … cycles, banking and sovereign debt crises, hyperinflation, and, for the post World War II period, the reliance on IMF …
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around themes (serial default, inflation, etc.), although detailed tables in the book chronicled country-specific information … cycles, banking and sovereign debt crises, hyperinflation, and, for the post World War II period, the reliance on IMF …
Persistent link: https://www.econbiz.de/10012462835
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-94 -- Flow of external capital to the developing world after World War II, 1955-73 -- From petrodollar recycling to debt …
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