In my first chapter I follow the methodology put forth by Bohn (1998), the market-based sustainability method to measure whether the sovereign debt is sustainab

The second chapter explores the question of whether fiscal adjustment programs have been regressive or progressive in advanced economies. Does fiscal austerity

"This dissertation consists of essays addressing the interactions between sovereign default risk and the household sector. Each chapter employs empirical, theor

This dissertation contains three essays on Sovereign Debt and Monetary Economics. The first chapter, entitled 'Sovereign Debt, Domestic Banks and the Provision

This thesis consists of three chapters that aim to develop economic models to explain sovereign debt crises. Chapter 2 provides the dynamic general equilibrium