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Sovereign debt responses to the COVID-19 pandemic
We utilize the global natural experiment created by the COVID-19 outbreak to identify sovereign borrowing capacity in time of need and its determinants. First, we demonstrate that the pandemic creates exogeneous shocks to sovereign borrowing needs—governments borrowed more when hit by more severe pa...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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The Author(s). Published by Elsevier B.V.
2023
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10129337/ https://www.ncbi.nlm.nih.gov/pubmed/37192871 http://dx.doi.org/10.1016/j.jinteco.2023.103766 |