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Great Recession; heterogeneous agents; overlapping generations; portfolio choice; borrowing constraints
rollover risk, reserves, sudden stops
pandemic, coronavirus, COVID-19, mitigation, tradeoffs
entry, exit, productivity, entry costs, barriers to technology adoption
Entry, Exit, Productivity, Entry costs, Barriers to technology adoption
inflation risk, domestic nominal debt, interest rates, sovereign default
tariffs, inequality, consumption, welfare, taxation
trade gains, inequality, consumption
Bailouts, sovereign defaults, Banking Crises, Conditional Transfers, Sovereign-bank diabolic loop
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Government Debt, Inflation risk, nominal bonds, sovereign default