Take the Short Route: Equilibrium Default and Debt Maturity

DOI10.3982/ECTA14806zbMath1422.91514OpenAlexW2552553487MaRDI QIDQ5225121

Manuel Amador, Iván Werning, Mark Aguiar, Hugo A. Hopenhayn

Publication date: 19 July 2019

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta14806

zbMATH Keywords

dilutionsovereign debtdebt defaultmaturity choice

Mathematics Subject Classification ID

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

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