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GOVERNMENT DOMESTIC DEBT AND THE RISK OF DEFAULT: A POLITICAL-ECONOMIC MODEL OF THE STRATEGIC ROLE OF DEBT

Philippe Aghion and Patrick Bolton

DELTA Working Papers from DELTA (Ecole normale supérieure)

Keywords: public debt; social choice; fiscal policy; voting (search for similar items in EconPapers)
Pages: 44 pages
Date: 1990
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Published in Capital Markets and Debt Management, R. Dornbusch and M. Draghi, eds, Cambridge (MA), MIT Press, 1990

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Working Paper: GOVERNMENT DOMESTIC DEBT AND THE RISK OF DEFAULT: A POLITICAL- ECONOMIC MODELOF THE STRATEGIC ROLE OF DEBT (1989)
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