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Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment

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Publication:4610527
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DOI10.1093/RESTUD/RDR038zbMath1405.91461OpenAlexW3125580958MaRDI QIDQ4610527

Mark L. J. Wright, Rohan Pitchford

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w16632.pdf


zbMATH Keywords

defaultcontractsnegotiationholdoutsoveign debt


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)


Related Items (3)

Income inequality and sovereign default ⋮ Settlement games with rank-order payoffs and applications to sovereign debt restructuring ⋮ Preemption with a second-mover advantage







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