Browsing Faculty of Science and Technology by Journals "International Review of Economics and Finance"
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Debt Crises Between a Country and an International Lender as a Two-Period Game
(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 ...