Some curious properties of a familiar model of debt and default

DOI10.1016/0165-1765(94)00625-CMaRDI QIDQ672923zbMATH OpenFDO

Authors Jonathan Eaton, Mark Gersovitz

Publication date 28 February 1997

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(94)00625-C

zbMATH Keywords

DebtDefaultSovereign risk

Mathematics Subject Classification ID

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(6)

• Sovereign default: the role of expectations
• On preferences related party transactions, financial anomalies and the willingness to repay debt based on structural equation
• Default and Renegotiation: A Dynamic Model of Debt
• Dynamic contests with bankruptcy: the despair effect
• On the marginalist theory of `capital supply'
• Debt denomination and default risk in emerging markets

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