Publication

• Sovereign Debt Restructuring: Delays in Renegotiation and Risk-Averse Creditors, 2020, Journal of the European Economic Association, Vol 18(5):2394-2440 (with Tamon Asonuma) JEEA Article PDF SSRN

• Sovereign Debt Restructurings: Survey on Concepts, Trends, Empirics and Theory, 2022, Public Policy Review, Vol.18(1), pp.1–16 (with Tamon Asonuma and Akira Sasahara) (PDF)

• Effects of Information Quality on Signaling through Sovereign Debt Issuance, 2023, Journal of Economic Behavior and Organization, Vol 207, pp 279-304 (with Yoon-Jin Lee and Young-Ro Yoon), JEBO Article PDF

• Sovereign Default and Foreign Direct Investment (FDI) Transactions: Evidence from Argentina,  2024, Economics Letters, Vol 243, 111940  (with Moonhee Cho)  EL Article PDF

Working Paper

• Sovereign Defaults and Public Investment (Capital) (with Tamon Asonuma), 2024, R&R at the Journal of Political Economy Macroeconomics (JPE Macro) (PDF)   

• Fiscal Consolidation and Sovereign Debt Restructurings (with Tamon Asonuma) (PDF), submitted

• Fiscal Policy Analysis of Sovereign Debt (with Tamon Asonuma and Jing Zhang)  (PDF, New version coming soon)

• Sovereign Debt Issuance signals Information Quality (with Yoon-Jin Lee and Young-Ro Yoon) (PDF, New version coming soon)

• News, Fiscal Policy, and Sovereign Default Risk (PDF Old version. Revised version coming soon)

• Sovereign Default Risk, Fiscal Adjustment, and Debt Renegotiation (A subset of the results is incorporated in the  “Sovereign Defaults and Public Investment (Capital) ”) (PDF)

Work in Progress

• Heterogenous Sovereign Debt Crisis Costs (with Tamon Asonuma and Dilek Sevinc)

• A Fiscal Policy Mandate in a DSGE Model (with Paul Levine and Son. T. Pham)

• Political Uncertainty and Crisis Resolution: Theory and Evidence on Sovereign Defaults (with Tamon Asonuma and Christoph Trebesch)

• Fiscal Policy and Bounded Rationality (with Sahil Ravgotra)