Empirical Research on Sovereign Debt and Default

Posted: 7 Aug 2013

See all articles by Michael Tomz

Michael Tomz

Stanford University

Mark L. J. Wright

Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Multiple version iconThere are 4 versions of this paper

Date Written: January 2013

Abstract

In this article, we review the empirical literature about sovereign debt and default. As we survey the work of economists, historians, and political scientists, we also emphasize parallel developments by theorists and recommend steps to improve the correspondence between theory and data.

Suggested Citation

Tomz, Michael and Wright, Mark L.J., Empirical Research on Sovereign Debt and Default (January 2013). Annual Review of Economics, Vol. 5, pp. 247-272, 2013. Available at SSRN: https://ssrn.com/abstract=2306877 or http://dx.doi.org/10.1146/annurev-economics-061109-080443

Michael Tomz (Contact Author)

Stanford University ( email )

Stanford, CA 94305
United States

Mark L.J. Wright

Federal Reserve Banks - Federal Reserve Bank of Minneapolis ( email )

90 Hennepin Avenue
Minneapolis, MN 55480
United States

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