Resultados globales: 2 registros encontrados en 0.03 segundos.
Documentos de investigación, Encontrados 2 registros
Documentos de investigación Encontrados 2 registros  
1.
14 p, 286.1 KB Sovereign default : the role of expectations / Ayres, João ; Navarro, Gaston ; Nicolini, Juan Pablo ; Teles, Pedro
In the standard model of sovereign default, as in Aguiar and Gopinath (2006) or Arellano (2008), default is driven by fundamentals alone. There is no independent role for expectations. We show that small variations of that model are consistent with multiple interest rate equilibria, similar to the ones found in Calvo (1988). [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2018 (ADEMU Working Paper Series ; 86)  
2.
41 p, 586.7 KB Sovereign default : the role of expectations / Ayres, João ; Navarro, Gaston ; Nicolini, Juan Pablo ; Teles, Pedro
In the standard model of sovereign default, as in Aguiar and Gopinath (2006) or Arellano (2008), default is driven by fundamentals alone. There is no independent role for expectations. We show that small variations of that model are consistent with multiple interest rate equilibria. [...]
The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.

2016 (ADEMU Working Paper Series ; 25)  

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