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Economy / Money / Finance / Financial crises / Debt / Monetary economics / Fiscal policy / Government debt / Natural borrowing limit / Sovereign default / Bond / Deflation


Optimal Sovereign Default By K LAUS A DAM AND M ICHAEL G RILL When is it optimal for a fully committed government to default on its legal repayment obligations? Considering a small open economy with domestic production r
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Document Date: 2016-06-07 06:26:09


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