| dc.contributor.author | Auclert, Adrien | |
| dc.contributor.author | Rognlie, Matthew | |
| dc.date.accessioned | 2014-09-04T22:11:29Z | |
| dc.date.available | 2014-09-04T22:11:29Z | |
| dc.date.issued | 2014-09-04 | |
| dc.identifier.uri | http://hdl.handle.net/1721.1/89187 | |
| dc.description.abstract | We provide a proof that Markov Perfect equilibrium is unique in the standard infinitehorizon incomplete-market model with a default option which, following Eaton and Gersovitz (1981), has become a benchmark for quantitative analyses of sovereign debt (Arellano (2008), Aguiar and Gopinath (2006), Aguiar and Amador (2014)). | en_US |
| dc.description.sponsorship | Macro-Financial Modeling group | en_US |
| dc.language.iso | en_US | en_US |
| dc.relation.ispartofseries | Working paper, Massachusetts Institute of Technology, Dept. of Economics;GSRP 14-01 | |
| dc.subject | sovereign debt, default, multiplicity | en_US |
| dc.title | Unique Equilibrium in the Eaton-Gersovitz Model of Sovereign Debt | en_US |
| dc.type | Working Paper | en_US |
