Christoph Trebesch

Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets

Top down spillovers of sovereign default risk can have serious consequences for the private sector in emerging markets. This paper analyzes the effect...

The Cost of Aggressive Sovereign Debt Policies

How Much is theprivate Sector Affected?

This paper proposes a new empirical measure of cooperative versus conflictual crisis resolution following sovereign default and debt distress. The ind...

Sovereign Debt Restructurings 1950-2010

Literature Survey, Data, and Stylized Facts

This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the fi...

Sovereign Defaults in Court

For centuries, defaulting governments were immune from legal action by foreign creditors. This paper shows that this is no longer the case. Building a...

Sovereign Debt Restructurings, 1950-2010

Concepts, Literature Survey, and Stylized Facts

This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the fi...

Foreign-law Bonds

Can They Reduce Sovereign Borrowing Costs?

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Sovereign Debt in the 21st Century

Looking Backward, Looking Forward

How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone debt crisis, placing "lessons l...

Which Countries Help Ukraine and How?

Introducing the Ukraine Support Tracker

This paper introduces the “Ukraine Support Tracker”, which lists and quantifies military, financial and humanitarian aid to Ukraine since Russia's...