The Social Costs of Sovereign Default
This paper estimates the costs of sovereign defaults to a broader extent than has been done in the literature. Applying the synthetic control method to a sample of 131 defaults since 1900, it finds that, on average, growth in the first two years fa...
| Main Authors: | , , , |
|---|---|
| Format: | Working Paper |
| Language: | English English |
| Published: |
World Bank, Washington, DC
2022
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/099247208312211235/IDU0bf68e15c0a49f042e208b0c07f4cf3bcdb9e http://hdl.handle.net/10986/37945 |