Aguiar, M. and G. Gopinath (2006) “Defaultable Debt, Interest Rates and the Current Account,” Journal of International Economics, 69:64–83. [Crossref]
Arslanalp, S. and H. P. Blair (2005) “Is Debt Relief Effcient?” The Journal of Finance, 60(2):1017–1051. [Crossref]
Artzner, P., F. Delbaen, J. Eber and D. Heath (1999) “Coherent Measures of Risk,” Mathematical Finance, 9(3):203–228. [Crossref]
Balibek, E. and M. Köksalan (2010) “A Multi-objective Multi-period Stochastic Programming Model for Public Debt Management,” European Journal of Operational Research, 205: 205–2017. [Crossref]
Baum, A., M. Poplawski-Ribeiro and A. Weber (2012) “Fiscal Multipliers and the State of the Economy.” Wp/12/286, International Monetary Fund.
Beers, D. T. and J.-S. Nadeau (2014) Introducing a New Database of Sovereign Defaults. Technical Report No. 101, Bank of Canada, February 2014.
Benjamin, D. and M. L. J. Wright (2009) Recovery Before Redemption: A Theory of Delays in Sovereign Debt Renegotiations. Technical report, Available at SSRN: http://ssrn.com/abstract=1392539.
Bernaschi, M., M. Briani, M. Papi and D. Vergni (2007) “Scenario-generation Methods for an Optimal Public Debt Strategy,” Quantitative Finance, 7:217–229. [Crossref]
Bolder, D. J. and D. Rubin (2011) Optimization in a Simulation Setting: Use of Function Approximation in Debt Strategy Analysis. Bank of Canada Working Paper 3, Bank of Canada.
Brunnermeier, M. K., L. Garicano, P. R. Lane, M. Pagano, R. Reis, T. Santos, S. Van Nieuwer-burgh and D. Vayanos (2011) “ESBies: A Realistic Reform of Europe’s Financial Architecture.” VOXeu.org, October 2011.
Buchheit, L. C., A. Gelpern, M. Gulati, U. Panizza, B. W. di Mauro and J. Zettelmeyer (2013) Revisiting Sovereign Bankruptcy. Technical report, Committee on International Economic Policy and Reform, Brookings, Washington, DC, October 2013.
Bulow, J. and K. S. Rogoff (1989) “Sovereign Debt: Is to Forgive to Forget?” American Economic Review, 79(1):43–50.
Cecchetti, S. G., M. S. Mohanty and F. Zampolli (2011) The Real Effects of Debt. Technical report, Bank for International Settlement, September 2011.
Consiglio, A. and A. Staino (2012) “A Stochastic Programming Model for the Optimal Issuance of Government Bonds,” Annals of Operations Research, 193(1):159–172. [Crossref]
Consiglio, A. and S. A. Zenios (2015a) “Risk Profiles for Re-Profiling Sovereign Debt of Crisis Countries,” The Journal of Risk Finance, 16(1):2–26. [Crossref]
Consiglio, A. and S. A. Zenios (2015b) “Greek Debt Sustainability: The Devil is in the Tails,” VOX, CEPR’s Policy Portal. URL http://www.voxeu.org/article/greek-debt-sustainability-devil-tails.
Consiglio, A. and S. A. Zenios (2015c) “The Case for Contingent Convertible Debt for Sovereigns,” Working Paper 15–13, The Wharton Financial Institutions Center, Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2694973.
Cruces, J. J. and C. Trebesch (2013) “Sovereign Defaults: The Price of Haircuts,” American Economic Journal: Macroeconomics, 5(3):85–117.
Das, S. D., M. Papaioannou and C. Trebesch (2012) Sovereign Debt Restructurings 1950–2010: Literature Survey, Data, and Stylized Facts. Technical Report Working Paper 12/203, The International Monetary Fund, Washington, DC.
De Grauwe, P. (2012) “The Governance of a Fragile Eurozone,” Australian Economic Review, 45(3):255–268. [Crossref]
Eaton, J. and M. Gersovitz (1981) “Debt with Potential Repudiation: Theoretical and Empirical Analysis,” The Review of Economic Studies, 48(2):289–309. [Crossref]
Fisher, I. (1933) “The Debt-deflation Theory of Great Depressions,” Econometrica, 1(4):337–357. [Crossref]
Gianviti, F., A. O. Krueger, J. Pisani-Ferry, A. Sapir and J. von Hagen (2010) “A European Mechanism for Sovereign Debt Crisis Resolution: A Proposal.” Blueprint Series 10, Bruegel, Brussels.
Guzman, M. and D. Heymann (2015) “The IMF Debt Sustainability Analysis: Issues and Problems,” Journal of Globalization and Development, 6(2):387–404.
Guzman, Martin and Joseph Stiglitz (2015) “Creating a Framework for Sovereign Debt Restructuring that Works.” In: Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises, Chapter 1. New York: Columbia University Press (forthcoming).
Guzman, M., J. A. Ocampo and J. E. Stiglitz, eds. (2016) Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises. New York, NY: Columbia University Press.
Heath, D., R. Jarrow and A. Morton (1992) “Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claim Valuation,” Econometrica, 60:77–105.
Herndon, T., M. Ash and R. Pollin (2014) “Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff,” Cambridge Journal of Economics, 38(2):257–279. [Crossref]
IMF (2013) Sovereign Debt Resturcturing – Recent Developments and Implications for the Fund’s Legal and Institutional Framework. Technical report, The International Monetary Fund, April 2013.
IMF (2014) Fifth Review Under the Extended Arrangement Under the Extended Facility. IMF Country Report No. 14/151, International Monetary Fund.
Jorda, O. and A. M. Taylor (2015) “The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy,” The Economic Journal, (available on line doi: 10.1111/ecoj.12332). [Crossref]
Jorion, P. (2006) Value at Risk: The New Benchmark for Managing Financial Risk. 3rd ed. New York, NY: McGraw-Hill.
Krueger, A. O. (2002) A New Approach to Sovereign Debt Restructuring. Technical report, International Monetary Fund, Washington, DC.
Ley, E. (2010) Fiscal (and External) Sustainability. Technical report, The World Bank, Washington, DC.
Li, Y. (2015) “The Long March towards an International Legal Framework for Sovereign Debt Restructuring,” Journal of Globalization and Development,6(2):329–341.
Lukkezen, J. (2015) “Greek Debt remains Unsustainable: Here is Why,” VOX, CEPR’s Policy Portal, Available at http://www.voxeu.org/article/greek-debt-remains-unsustainable.
McCulley, P. (2013) “The Shadow Banking System and Minsky’s Journey.” In: (Arthur M. Berd, ed.) Lessons from the Financial Crisis. Risk Books, pp. 49–63.
A. Mody and D. Sandri (2012) “The Eurozone Crisis: How Banks and Sovereigns came to be Joined at the Hip,” Economic Policy, 199–230. [Crossref]
Mulvey, J. M. and S. A. Zenios (1994) “Capturing the Correlations of Fixed-income Instruments,” Management Science, 40:1329–1342. [Crossref]
Paris, P. and C. Wyplosz (2014) PADRE-Politically Acceptable Debt Restructuring in the Eurozone. Geneva Reports on the World Economy Special Report 3, International Center for Monteray and Banking Studies, Geneva, Switzerland.
Reinhart, C. and K. S. Rogoff (2010) “Growth in a Time of Debt,” American Economic Review, 100:573–578. [Crossref]
Reinhart, C. M. and K. S. Rogoff (2009) This Time is Different: Eight Centuries of Financial Folly. Princeton, NJ: Prince-ton University Press.
Reinhart, C. M. and C. Trebesch (2015) Sovereign Debt Relief and its Aftermath. HKS Faculty Research Working Paper Series RWP15-028, Harvard Kennedy School.
Reinhart, C. M., V. Reinhart and K. Rogoff (2015) “Dealing with Debt,” Journal of International Economics, 96(Supplement 1):S43–S55. [Crossref]
Rockafellar, R. T. and S. Uryasev (2000) “Optimization of Conditional Value–at–Risk,” Journal of Risk, 2(3):21–41.
Sturzenegger, F. and J. Zettelmeyer (2006) Debt Defaults and Lessons from a Decade of Crises. Cambridge, MA: MIT Press.
Topaloglou, N., H. Vladimirou and S. A. Zenios (2002) “CVaR Models with Selective Hedging for International Asset Allocation,” Journal of Banking & Finance, 26(7):1535–1561. [Crossref]
Trebesch, C. (2011) “Sovereign Debt Restructurings 1950–2010: A New Database.” Unpublished paper, Available at: sites.google.com/site/christophtrebesch/data, University of Munich, Munich, Germany.
Wright, M. L. J. (2012) “Sovereign Debt Restructuring: Problems and Prospects,” Harvard Business Law Review, 2:152–198.
Zenios, S. A. (2007) Practical Financial Optimization: Decision Making for Financial Engineers. Malden, MA: Blackwell.
Zenios, S. A. (2015) “Fairness and Reflexivity in the Cyprus Bail-In,” Empirica, Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2409284, (published online 4 September).
Zenios, S. A. and W. T. Ziemba, eds. (2007) Handbook of Asset and Liability Management Volume 1. Theory and Methodology. Handbooks in Finance. The Netherlands: North-Holland.
Zettelmeyer, J., C. Trebesch and M. Gulati (2013) “The Greek Debt Restructuring: An Autopsy,” Economic Policy, 513–563. [Crossref]