Matches in SemOpenAlex for { <https://semopenalex.org/work/W355730683> ?p ?o ?g. }
- W355730683 endingPage "103293" @default.
- W355730683 startingPage "103293" @default.
- W355730683 abstract "Abstract Sovereign debt crises are often accompanied by deep recessions with sharp declines in external credit to the private sector. In a sample of emerging economies we find that both, sovereign and private interest rate spreads are countercyclical. This paper presents a model of a small open economy that accounts for these empirical regularities. It includes private firms, which finance a fraction of imports by external debt and are subject to idiosyncratic productivity risk, and a government, which borrows internationally and taxes firms to finance public expenditures. The model gives rise to endogenous private and sovereign interest rate spreads and a dynamic feedback mechanism between sovereign and private default risks through the endogenous response of fiscal policy to adverse productivity shocks." @default.
- W355730683 created "2016-06-24" @default.
- W355730683 creator A5010439754 @default.
- W355730683 creator A5049939635 @default.
- W355730683 creator A5060033030 @default.
- W355730683 date "2020-03-01" @default.
- W355730683 modified "2023-10-08" @default.
- W355730683 title "Sovereign and private default risks over the business cycle" @default.
- W355730683 cites W1500372110 @default.
- W355730683 cites W1967296512 @default.
- W355730683 cites W1977316270 @default.
- W355730683 cites W1979197894 @default.
- W355730683 cites W1980188551 @default.
- W355730683 cites W1990717991 @default.
- W355730683 cites W1999027273 @default.
- W355730683 cites W2004697203 @default.
- W355730683 cites W2009949201 @default.
- W355730683 cites W2056964551 @default.
- W355730683 cites W2060012749 @default.
- W355730683 cites W2072763257 @default.
- W355730683 cites W2081035952 @default.
- W355730683 cites W2113725466 @default.
- W355730683 cites W2117958269 @default.
- W355730683 cites W2123250765 @default.
- W355730683 cites W2134204772 @default.
- W355730683 cites W2149515450 @default.
- W355730683 cites W2159641679 @default.
- W355730683 cites W2160682037 @default.
- W355730683 cites W2179564758 @default.
- W355730683 cites W2184159313 @default.
- W355730683 cites W2279610818 @default.
- W355730683 cites W2612076967 @default.
- W355730683 cites W3121467050 @default.
- W355730683 cites W3121488875 @default.
- W355730683 cites W3122037649 @default.
- W355730683 cites W3122154853 @default.
- W355730683 cites W3122639747 @default.
- W355730683 cites W3122687592 @default.
- W355730683 cites W3123192076 @default.
- W355730683 cites W3123732592 @default.
- W355730683 cites W3124082201 @default.
- W355730683 cites W3124091650 @default.
- W355730683 cites W3125125145 @default.
- W355730683 cites W3125551452 @default.
- W355730683 cites W3125708217 @default.
- W355730683 cites W3126018241 @default.
- W355730683 doi "https://doi.org/10.1016/j.jinteco.2020.103293" @default.
- W355730683 hasPublicationYear "2020" @default.
- W355730683 type Work @default.
- W355730683 sameAs 355730683 @default.
- W355730683 citedByCount "5" @default.
- W355730683 countsByYear W3557306832018 @default.
- W355730683 countsByYear W3557306832020 @default.
- W355730683 countsByYear W3557306832021 @default.
- W355730683 crossrefType "journal-article" @default.
- W355730683 hasAuthorship W355730683A5010439754 @default.
- W355730683 hasAuthorship W355730683A5049939635 @default.
- W355730683 hasAuthorship W355730683A5060033030 @default.
- W355730683 hasBestOaLocation W3557306832 @default.
- W355730683 hasConcept C10138342 @default.
- W355730683 hasConcept C106159729 @default.
- W355730683 hasConcept C139719470 @default.
- W355730683 hasConcept C144133560 @default.
- W355730683 hasConcept C162324750 @default.
- W355730683 hasConcept C17744445 @default.
- W355730683 hasConcept C178350159 @default.
- W355730683 hasConcept C186229450 @default.
- W355730683 hasConcept C199539241 @default.
- W355730683 hasConcept C2778782394 @default.
- W355730683 hasConcept C2984055962 @default.
- W355730683 hasConcept C2994482091 @default.
- W355730683 hasConcept C556758197 @default.
- W355730683 hasConcept C83873408 @default.
- W355730683 hasConcept C94625758 @default.
- W355730683 hasConceptScore W355730683C10138342 @default.
- W355730683 hasConceptScore W355730683C106159729 @default.
- W355730683 hasConceptScore W355730683C139719470 @default.
- W355730683 hasConceptScore W355730683C144133560 @default.
- W355730683 hasConceptScore W355730683C162324750 @default.
- W355730683 hasConceptScore W355730683C17744445 @default.
- W355730683 hasConceptScore W355730683C178350159 @default.
- W355730683 hasConceptScore W355730683C186229450 @default.
- W355730683 hasConceptScore W355730683C199539241 @default.
- W355730683 hasConceptScore W355730683C2778782394 @default.
- W355730683 hasConceptScore W355730683C2984055962 @default.
- W355730683 hasConceptScore W355730683C2994482091 @default.
- W355730683 hasConceptScore W355730683C556758197 @default.
- W355730683 hasConceptScore W355730683C83873408 @default.
- W355730683 hasConceptScore W355730683C94625758 @default.
- W355730683 hasFunder F4320320879 @default.
- W355730683 hasLocation W3557306831 @default.
- W355730683 hasLocation W3557306832 @default.
- W355730683 hasLocation W3557306833 @default.
- W355730683 hasLocation W3557306834 @default.
- W355730683 hasLocation W3557306835 @default.
- W355730683 hasOpenAccess W355730683 @default.
- W355730683 hasPrimaryLocation W3557306831 @default.
- W355730683 hasRelatedWork W1507981049 @default.