Coordinating Creditors
Author
Abstract
Suggested Citation
Note: DOI: 10.1257/000282805774670437
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Brian D. Wright & Kenneth M. Kletzer, 2000.
"Sovereign Debt as Intertemporal Barter,"
American Economic Review, American Economic Association, vol. 90(3), pages 621-639, June.
- Kenneth M. Kletzer and Brian D. Wright., 1998. "Sovereign Debt as Intertemporal Barter," Center for International and Development Economics Research (CIDER) Working Papers C98-100, University of California at Berkeley.
- Kenneth M. Kletzer & Brian D. Wright, 2000. "Sovereign Debt as Intertemporal Barter," International Finance 0003004, University Library of Munich, Germany.
- Kletzer, Kenneth M. & Wright, Brian D., 1998. "Sovereign Debt as Intertemporal Barter," Center for International and Development Economics Research, Working Paper Series qt4qg3c42v, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Bulow, Jeremy & Rogoff, Kenneth, 1989.
"A Constant Recontracting Model of Sovereign Debt,"
Journal of Political Economy, University of Chicago Press, vol. 97(1), pages 155-178, February.
- Jeremy I. Bulow & Kenneth Rogoff, 1986. "A Constant Recontracting Model of Sovereign Debt," NBER Working Papers 2088, National Bureau of Economic Research, Inc.
- Bulow, Jeremy & Rogoff, Kenneth S., 1989. "A Constant Recontracting Model of Sovereign Debt," Scholarly Articles 12491028, Harvard University Department of Economics.
- Bulow, Jeremy & Rogoff, Kenneth, 1988. "A Constant Recontracting Model Of Sovereign Debt," SSRI Workshop Series 292692, University of Wisconsin-Madison, Social Systems Research Institute.
- Bulow, Jeremy A. & Rogoff, Kenneth, 1986. "A Constant Recontracting Model of Sovereign Debt," Working Papers 43, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Bulow, Jeremy & Rogoff, Kenneth, 1989.
"Sovereign Debt: Is to Forgive to Forget?,"
American Economic Review, American Economic Association, vol. 79(1), pages 43-50, March.
- Jeremy I. Bulow & Kenneth Rogoff, 1988. "Sovereign Debt: Is To Forgive To Forget?," NBER Working Papers 2623, National Bureau of Economic Research, Inc.
- Bulow, J. & Rogoff, K., 1988. "Sovereign Debt: Is To Forgive To Forget?," Working papers 8813, Wisconsin Madison - Social Systems.
- Jeremy Bulow & Kenneth Rogoff, 1998. "Sovereign Debt: Is to Forgive to Forget," Levine's Working Paper Archive 209, David K. Levine.
- Bulow, J. & Rogoff, K., 1988. "Sovereign Debt: Is To Forgive To Forget?," Papers 411, Stockholm - International Economic Studies.
- Narayana R. Kocherlakota, 1996.
"Implications of Efficient Risk Sharing without Commitment,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 63(4), pages 595-609.
- Narayana Kocherlakota, 2010. "Implications of Efficient Risk Sharing Without Commitment," Levine's Working Paper Archive 2053, David K. Levine.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Catão, Luis A.V. & Fostel, Ana & Kapur, Sandeep, 2009.
"Persistent gaps and default traps,"
Journal of Development Economics, Elsevier, vol. 89(2), pages 271-284, July.
- Luis A. V. Catao & Ana Fostel & Sandeep Kapur, 2008. "Persistent Gaps and Default Traps," Birkbeck Working Papers in Economics and Finance 0803, Birkbeck, Department of Economics, Mathematics & Statistics.
- Mengus, E., 2014. "Honoring Sovereign Debt or Bailing Out Domestic Residents: A Theory of Internal Costs of Default," Working papers 480, Banque de France.
- Rohan Pitchford & Mark L. J. Wright, 2012.
"Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(2), pages 812-837.
- Rohan Pitchford & Mark L. J. Wright, 2008. "Holdouts In Sovereign Debt Restructuring: A Theory Of Negotiation In A Weak Contractual Environment," CAMA Working Papers 2008-37, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Rohan Pitchford & Mark L. J. Wright, 2010. "Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment," NBER Working Papers 16632, National Bureau of Economic Research, Inc.
- Patrick Bolton & Olivier Jeanne, 2009. "Structuring and Restructuring Sovereign Debt: The Role of Seniority -super-1," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(3), pages 879-902.
- Bauer, Christian & Herz, Bernhard & Hoops, Stefan, 2008. "A Cheap Lunch for Emerging Markets: Removing International Financial Market Imperfections with Modern Financial Instruments," World Development, Elsevier, vol. 36(9), pages 1514-1530, September.
- Damiano Sandri, 2018. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-Ins, or Bail-Outs?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 66(4), pages 665-693, December.
- Ugo Panizza & Federico Sturzenegger & Jeromin Zettelmeyer, 2009. "The Economics and Law of Sovereign Debt and Default," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 651-698, September.
- Hatchondo, Juan Carlos & Martinez, Leonardo, 2009.
"Long-duration bonds and sovereign defaults,"
Journal of International Economics, Elsevier, vol. 79(1), pages 117-125, September.
- Juan Carlos Hatchondo & Leonardo Martinez, 2009. "Long-duration bonds and sovereign defaults," Working Paper 08-02, Federal Reserve Bank of Richmond.
- Juan Carlos Hatchondo & Leonardo Martinez & Horacio Sapriza, 2007. "The economics of sovereign defaults," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 93(Spr), pages 163-187.
- Romain Ranciere & Ana Fostel & Luis Catao, 2011. "Sudden Stops and Sovereign Defaults," 2011 Meeting Papers 1359, Society for Economic Dynamics.
- Juan Carlos Hatchondo & Leonardo Martinez & Horacio Sapriza, 2009.
"Heterogeneous Borrowers In Quantitative Models Of Sovereign Default,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(4), pages 1129-1151, November.
- Juan Carlos Hatchondo & Leonardo Martinez & Horacio Sapriza, 2008. "Heterogeneous borrowers in quantitative models of sovereign default," Working Paper 07-01, Federal Reserve Bank of Richmond.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Christian Hellwig & Guido Lorenzoni, 2009.
"Bubbles and Self-Enforcing Debt,"
Econometrica, Econometric Society, vol. 77(4), pages 1137-1164, July.
- Christian Hellwig & Guido Lorenzoni, 2006. "Bubbles and Self-Enforcing Debt," NBER Working Papers 12614, National Bureau of Economic Research, Inc.
- Christian Hellwig & Guido Lorenzoni, 2006. "Bubbles and Self-enforcing Debt," Levine's Bibliography 321307000000000383, UCLA Department of Economics.
- Rohan Pitchford & Mark L. J. Wright, 2013. "On the contribution of game theory to the study of sovereign debt and default," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(4), pages 649-667, WINTER.
- Mauricio Drelichman & Joachim Voth, 2007.
"Lending to the borrower from hell: Debt and default in the age of Philip II, 1556-1598,"
Economics Working Papers
1164, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2009.
- Voth, Hans-Joachim & Drelichman, Mauricio, 2009. "Lending to the Borrower from Hell: Debt and Default in the Age of Philip II, 1556-1598," CEPR Discussion Papers 7276, C.E.P.R. Discussion Papers.
- Brian D. Wright & Kenneth M. Kletzer, 2000.
"Sovereign Debt as Intertemporal Barter,"
American Economic Review, American Economic Association, vol. 90(3), pages 621-639, June.
- Kenneth M. Kletzer and Brian D. Wright., 1998. "Sovereign Debt as Intertemporal Barter," Center for International and Development Economics Research (CIDER) Working Papers C98-100, University of California at Berkeley.
- Kenneth M. Kletzer & Brian D. Wright, 2000. "Sovereign Debt as Intertemporal Barter," International Finance 0003004, University Library of Munich, Germany.
- Kletzer, Kenneth M. & Wright, Brian D., 1998. "Sovereign Debt as Intertemporal Barter," Center for International and Development Economics Research, Working Paper Series qt4qg3c42v, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Wright, Mark L.J., 2006.
"Private capital flows, capital controls, and default risk,"
Journal of International Economics, Elsevier, vol. 69(1), pages 120-149, June.
- Mark L. J. Wright, 2004. "Private capital flows, capital controls, and default risk," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Mark L. J. Wright, 2004. "Private capital flows, capital controls, and default risk," Working Paper Series 2004-34, Federal Reserve Bank of San Francisco.
- Ethan Ligon & Jonathan P. Thomas & Tim Worrall, 2000.
"Mutual Insurance, Individual Savings and Limited Commitment,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(2), pages 216-246, April.
- Ethan Ligon & Jonathan P. Thomas & Tim Worrall, 1998. "Mutual Insurance, Individual Savings and Limited Commitment," Keele Department of Economics Discussion Papers (1995-2001) 98/14, Department of Economics, Keele University.
- Andrew K. Rose & Mark M. Spiegel, 2009.
"Noneconomic Engagement and International Exchange: The Case of Environmental Treaties,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2‐3), pages 337-363, March.
- Andrew K. Rose & Mark M. Spiegel, 2009. "Noneconomic Engagement and International Exchange: The Case of Environmental Treaties," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2-3), pages 337-363, March.
- Rose, Andrew & Spiegel, Mark, 2006. "Non-Economic Engagement and International Exchange: The Case of Environmental Treaties," CEPR Discussion Papers 5942, C.E.P.R. Discussion Papers.
- Andrew K. Rose & Mark M. Spiegel, 2008. "Non-Economic Engagement and International Exchange: The Case of Environmental Treaties," NBER Working Papers 13988, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Mark M. Spiegel, 2006. "Non-economic engagement and international exchange: the case of environmental treaties," Working Paper Series 2006-33, Federal Reserve Bank of San Francisco.
- Schumacher, Julian & Trebesch, Christoph & Enderlein, Henrik, 2021.
"Sovereign defaults in court,"
Journal of International Economics, Elsevier, vol. 131(C).
- Schumacher, Julian & Trebesch, Christoph & Enderlein, Henrik, 2018. "Sovereign defaults in court," Working Paper Series 2135, European Central Bank.
- Schuhmacher, Julian & Trebesch, Christoph & Enderlein, Henrik, 2018. "Sovereign defaults in court," Kiel Working Papers 2103, Kiel Institute for the World Economy (IfW Kiel).
- Julian Schumacher & Christoph Trebesch & Henrik Enderlein, 2018. "Sovereign Defaults in Court," CESifo Working Paper Series 6931, CESifo.
- Trebesch, Christoph & Schumacher, Julian & Enderlein, Henrik, 2018. "Sovereign Defaults in Court," CEPR Discussion Papers 12777, C.E.P.R. Discussion Papers.
- Miao, Jianjun & Zhang, Yuzhe, 2015.
"A duality approach to continuous-time contracting problems with limited commitment,"
Journal of Economic Theory, Elsevier, vol. 159(PB), pages 929-988.
- Jianjun Miao & Yuzhe Zhang, 2013. "A Duality Approach to Continuous- Time Contracting Problems with Limited Commitment," Boston University - Department of Economics - Working Papers Series 2013-008, Boston University - Department of Economics.
- Yuzhe Zhang & Jianjun Miao, 2014. "A Duality Approach to Continuous-Time Contracting Problems with Limited Commitment," 2014 Meeting Papers 650, Society for Economic Dynamics.
- Jaume Ventura & Fernando Broner, 2008.
"Rethinking the effects of financial liberalization,"
2008 Meeting Papers
747, Society for Economic Dynamics.
- Fernando Broner & Jaume Ventura, 2015. "Rethinking the Effects of Financial Liberalization," Working Papers 509, Barcelona School of Economics.
- Fernando A. Broner & Jaume Ventura, 2010. "Rethinking the Effects of Financial Liberalization," NBER Working Papers 16640, National Bureau of Economic Research, Inc.
- Ventura, Jaume & Broner, Fernando, 2010. "Rethinking the Effects of Financial Liberalization," CEPR Discussion Papers 8171, C.E.P.R. Discussion Papers.
- Rui Pedro Esteves, 2007. "Quis custodiet quem? Sovereign Debt and Bondholders` Protection Before 1914," Economics Series Working Papers 323, University of Oxford, Department of Economics.
- Fernando Broner & Alberto Martin & Jaume Ventura, 2010.
"Sovereign Risk and Secondary Markets,"
American Economic Review, American Economic Association, vol. 100(4), pages 1523-1555, September.
- Fernando Broner & Alberto Martin & Jaume Ventura, 2006. "Sovereign Risk and Secondary Markets," 2006 Meeting Papers 565, Society for Economic Dynamics.
- Fernando Broner & Alberto Martín & Jaume Ventura, 2006. "Sovereign Risk and Secondary Markets," Working Papers 288, Barcelona School of Economics.
- Ventura, Jaume & Broner, Fernando & MartÃn, Alberto, 2007. "Sovereign Risk and Secondary Markets," CEPR Discussion Papers 6055, C.E.P.R. Discussion Papers.
- Fernando Broner & Alberto Martin & Jaume Ventura, 2006. "Sovereign Risk and Secondary Markets," NBER Working Papers 12783, National Bureau of Economic Research, Inc.
- Fernando Broner & Alberto Martin & Jaume Ventura, 2006. "Sovereign risk and secondary markets," Economics Working Papers 998, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 2009.
- Fernando Broner & Alberto Martín & Jaume Ventura, 2006. "Sovereign Risk and Secondary Markets," Working Papers 306, Barcelona School of Economics.
- Eduardo Borensztein & Ugo Panizza, 2009.
"The Costs of Sovereign Default,"
IMF Staff Papers, Palgrave Macmillan, vol. 56(4), pages 683-741, November.
- Mr. Eduardo Borensztein & Ugo Panizza, 2008. "The Costs of Sovereign Default," IMF Working Papers 2008/238, International Monetary Fund.
- Fernando Broner & Jaume Ventura, 2011.
"Globalization and Risk Sharing,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 78(1), pages 49-82.
- Fernando Broner & Jaume Ventura, 2005. "Globalization and risk sharing," Economics Working Papers 837, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2009.
- Ventura, Jaume & Broner, Fernando, 2006. "Globalization and Risk Sharing," CEPR Discussion Papers 5820, C.E.P.R. Discussion Papers.
- Fernando Broner & Jaume Ventura, 2006. "Globalization and Risk Sharing," Working Papers 307, Barcelona School of Economics.
- Jaume Ventura & Fernando A. Broner, 2006. "Globalization and Risk Sharing," NBER Working Papers 12482, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Mark M. Spiegel, 2004.
"A Gravity Model of Sovereign Lending: Trade, Default, and Credit,"
IMF Staff Papers, Palgrave Macmillan, vol. 51(s1), pages 50-63, June.
- Andrew K. Rose & Mark M. Spiegel, 2002. "A Gravity Model of Sovereign Lending: Trade, Default and Credit," NBER Working Papers 9285, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Mark M. Spiegel, 2002. "A gravity model of sovereign lending: trade, default and credit," Working Paper Series 2002-09, Federal Reserve Bank of San Francisco.
- Cristina Arellano, 2008.
"Default Risk and Income Fluctuations in Emerging Economies,"
American Economic Review, American Economic Association, vol. 98(3), pages 690-712, June.
- Arellano, Cristina, 2008. "Default risk and income fluctuations in emerging economies," MPRA Paper 7867, University Library of Munich, Germany.
- Niepelt, Dirk, 2014.
"Debt maturity without commitment,"
Journal of Monetary Economics, Elsevier, vol. 68(S), pages 37-54.
- ,, 2008. "Debt Maturity without Commitment," CEPR Discussion Papers 7093, C.E.P.R. Discussion Papers.
- Dirk Niepelt, 2008. "Debt Maturity without Commitment," Working Papers 08.05, Swiss National Bank, Study Center Gerzensee.
- Dirk Niepelt, 2008. "Debt Maturity without Commitment," CESifo Working Paper Series 2500, CESifo.
- Paal, Beatrix & Wiseman, Thomas, 2011. "Group insurance and lending with endogenous social collateral," Journal of Development Economics, Elsevier, vol. 94(1), pages 30-40, January.
- Waldenström, Daniel, 2006. "Why Does Sovereign Risk Differ for Domestic and Foreign Investors? Evidence from Scandinavia, 1938–1948," Working Paper Series 677, Research Institute of Industrial Economics.
- Acharya, Viral V. & Rajan, Raghuram G. & Shim, Jack B., 2024.
"Sovereign debt and economic growth when government is myopic and self-interested,"
Journal of International Economics, Elsevier, vol. 150(C).
- Viral V. Acharya & Raghuram G. Rajan & Jack B. Shim, 2023. "Sovereign Debt and Economic Growth When Government Is Myopic and Self-Interested," NBER Chapters, in: NBER International Seminar on Macroeconomics 2023, National Bureau of Economic Research, Inc.
- Acharya, Viral & Rajan, Raghuram & Shim, Jack B., 2022. "Sovereign Debt and Economic Growth when Government is Myopic and Self-interested," CEPR Discussion Papers 14961, C.E.P.R. Discussion Papers.
- Viral V. Acharya & Raghuram Rajan & Jack Shim, 2022. "Sovereign Debt and Economic Growth when Government is Myopic and Self-interested," NBER Working Papers 30296, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:95:y:2005:i:2:p:388-392. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.