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

Working Paper

• Sovereign Defaults and Debt Restructurings: Public Capital and Fiscal Constraint Tightness (with Tamon Asonuma), 2022, submitted (PDF) SSRN,  

• Fiscal Expenditure Consolidation and Sovereign Debt Restructurings: Ex Ante or Ex Post (with Tamon Asonuma) (PDF, New version coming soon)

• Sovereign Default and Foreign Direct Investment (FDI) Entry Decision: Evidence from Argentina (with Moonhee Cho) (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  “Public Capital and Fiscal Constraint in Sovereign Debt Crises ”) (PDF)

Work in Progress

• Fiscal Policy Analysis of Sovereign Debt (with Tamon Asonuma and Jing Zhang)

• 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)

• Sovereign Debt Issuance signals Information Quality (with Yoon-Jin Lee and Young-Ro Yoon)

• Fiscal Policy and Bounded Rationality (with Sahil Ravgotra)