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Journal

Central European Economic Journal

2018 | 5 | 52 |

Article title

Sovereign default and the structure of private external debt

Authors

Content

Full texts:
29-244dcad1-815c-4000-ae16-a43896523a8f.pdf.pdf

Title variants

Languages of publication

Abstracts

EN
While the literature on determinants of sovereign default is voluminous, the links between private indebtedness and the probability of public bankruptcy have not been studied extensively. In this paper we aim to fill this gap and to shed more light on the influence of the size and structure of private debt on sovereign default probability. We focus on developing and emerging market economies over the years 1970–2012. The main conclusions are that both the size and the structure of private borrowings affect the probability of a sovereign default.

Keywords

EN

Publisher

Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania

Journal

Central European Economic Journal

Year

2018

Volume

5

Issue

52

Physical description

Dates

published
2019-05-07

Contributors

other
Joanna Siwińska-Gorzelak
  • Faculty of Economic Sciences, University of Warsaw Warsaw, Poland
other
Michał Brzozowski
  • Faculty of Economic Sciences, University of Warsaw Warsaw, Poland

References

Document Type

Publication order reference

Identifiers

DOI
10.1515/ceej-2018-0003

YADDA identifier

bwmeta1.element.ojs-doi-10_1515_ceej-2018-0003
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