We study the pricing, design, and desirability of sovereign state-contingent debt instruments.
Using a sovereign default model with lenders who fear model misspecification, we find that …

This paper studies how distributional and electoral concerns shape sovereign default
incentives within a quantitative model of sovereign debt with heterogeneous agents and non …

The emergence of many presymptomatic hidden transmission events significantly
complicated the intervention and control of the spread of COVID-19 in the USA during the …

La infección por el nuevo SARS-COV-2 ha impactado de diversas maneras a toda la
sociedad, incluidos los niños. Se describe el comportamiento de esta enfermedad en una …

Sovereign debt crises coincide with deep recessions. I propose a model of sovereign debt
that rationalizes large contractions in economic activity via an aggregate-demand …

Assessing the benefits of eurozone membership: Sovereign debt classification and
economic impact in small and developing countri Page 1 Journal of Governance and …

We investigate the effect of uncertainty about the nature of output costs of sovereign default
on debt tolerance. While the theoretical literature assumes output losses lasting until market …

Background While rigorous randomized clinical trials have substantiated the efficacy of
COVID-19 vaccines in reducing hospitalization and mortality rates, there is a paucity of post …

Background While rigorous randomized clinical trials have substantiated the efficacy of
COVID-19 vaccines in reducing hospitalization and mortality rates, there is a paucity of post …

We study the role of institutions and government polarization in shaping sovereign default
risk. Using a data set of 90 countries, we show that strong institutions are associated with …