• Debt Crises Between a Country and an International Lender as a Two-Period Game 

      Hausken, Kjell; Welburn, Jonathan W. (Peer reviewed; Journal article, 2024-04)
      A two-period game between a country and an international lender is developed. In each period the country can repay debt, borrow from international credit markets, loan from an international lender, or default. The international ...