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We assess the quantitative relevance of expectations-driven sovereign debt crises, focusing on the Southern European crisis of the early 2010s and the Argentine default of 2001. The source of multiplicity is the one in Calvo (1988). Key for multiplic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ef7eca4bec7324fe5c4f228fc1f3f0c6
https://doi.org/10.18235/0004743
https://doi.org/10.18235/0004743
