Auflistung LIF-SAFE Working Papers nach Schlagwort "default"

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    • Austerity 

      Dellas, Harris; Niepelt, Dirk (2014-11-19)
      We shed light on the function, properties and optimal size of austerity using the standard sovereign model augmented to include incomplete information about credit risk. Austerity is defined as the shortfall of consumption ...

    • Financing Costs and the Efficiency of Public-Private Partnerships 

      Avdiu, Besart; Weichenrieder, Alfons J. (2020-11-18)
      The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and ...