Tesi etd-05232018-163415 |
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Tipo di tesi
Tesi di laurea magistrale
Autore
NGUYEN, NGOC CONG
URN
etd-05232018-163415
Titolo
Incentive to Sovereign Debt Default in a Small Open Economy with International Labor Outflows
Supervisor; Mauro Sodini
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
ECONOMICS
Relatori
relatore Sodini, Mauro
Parole chiave
- Sovereign Debt
- Macroeconomics
- Default Model
Data inizio appello
11/06/2018
Consultabilità
Completa
Riassunto
Over the last few years, the sovereign debt crisis in Puerto Rico has associated with a large number of international labor outflows. To formalize these facts, I develop a simple model by modifying the endowment model of sovereign debt (Eaton and Gersovitz 1981) to explain how sovereign debt crisis can be affected by international labor outflows. The result shows that given a level of output, higher stock of the labor outflows, higher probability of sovereign debt default.
File
| Nome file | Dimensione |
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| thesis_f...guyen.pdf | 1.45 Mb |
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