Some curious properties of a familiar model of debt and default

DOI10.1016/0165-1765(94)00625-CzbMATH Open0900.90020MaRDI QIDQ672923FDOQ672923

Authors: Jonathan Eaton, Mark Gersovitz 

Publication date: 28 February 1997

Published in: Economics Letters (Search for Journal in Brave)

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zbMATH Keywords

DebtDefaultSovereign risk

Mathematics Subject Classification ID

Cited In (6)

• 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
• Debt denomination and default risk in emerging markets
• On the marginalist theory of `capital supply'
• Dynamic contests with bankruptcy: the despair effect
• Sovereign default: the role of expectations

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