Thesis

Sovereign contingent liabilities: a perspective on default and debt crises

Abstract:: Chapters 2-3: A global games approach to sovereign debt crises

The first chapters present a model that investigates the risks involved when a fiscal authority attempts to roll-over a stock of debt and there is the potential for coordination failure by investors. A continuum of investors, after receiving signals about the authority's willingness to repay, decides whether to roll-over the stock of debt. If an insufficient proportion of investors participates, the authority defaults. ...
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APA Style

Menzies, J., & Menzies, J. (2014). Sovereign contingent liabilities: a perspective on default and debt crises [PhD thesis]. Oxford University, UK.

MLA Style

Menzies, J., and John Menzies. Sovereign Contingent Liabilities: a Perspective on Default and Debt Crises. Oxford University, UK, 2014.

Chicago Style

Menzies, J, and John Menzies. 2014. “Sovereign Contingent Liabilities: a Perspective on Default and Debt Crises.” PhD thesis, Oxford University, UK.
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Authors

+ Menzies, J More by this author

Institution:: University of Oxford
Division:: SSD
Department:: Economics
Oxford college:: Keble College
Role:: Author

+ John Menzies More by this author

Division:: SSD
Department:: Economics
Role:: Author

Contributors

+ Wren-Lewis, S

Division:: SSD
Department:: Economics
Role:: Supervisor

+ Department of Economics, University of Oxford; Institute for Humane Studies, George Mason University More from this funder

Funding agency for:: Menzies, J

Publication date:: 2014
Type of award:: DPhil
Level of award:: Doctoral
Awarding institution:: Oxford University, UK

Language:: English
Keywords:: Sovereign debt crisis
Subjects:: Macro and international economics

Game theory,economics,social and behavioral sciences (mathematics)

Microeconomics

Decision science
UUID:: uuid:c25e36be-bd42-4a0f-9af6-42d17f87424f
Local pid:: ora:10639
Deposit date:: 2015-03-19

Terms of use

Copyright holder:: John Menzies
Copyright date:: 2015

Licence:: Terms and Conditions of Use for Oxford University Research Archive

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