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Keywords: Sovereign default
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Journal Articles
Journal:
Journal of Financial Economic Policy
Journal of Financial Economic Policy (2023) 15 (1): 47–74.
Published: 06 January 2023
... of debt relief by a debtor country. Doing so allows to better explain movements of sovereign defaults relating to debt relief. The model is estimated via the regular probit regression. Findings The analysis shows that the debt relief provided, thus, far, failed to ease the debt overhang problems...
