Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment

By Rohan Pitchford, Mark L. J. Wright. 2012

126 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/3db0f2ed579721e310ca9dbd2cf6fd362bdf6eec

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Christoph Trebesch
2. T. Asonuma
3. Michael Tomz
4. Mark L. J. Wright
5. J. Hatchondo
6. Leonardo Martinez

In Strategy and Management

1. T. Asonuma
2. Christoph Trebesch
3. Mark L. J. Wright
4. Michael Tomz
5. J. Hatchondo
6. Leonardo Martinez

Citations in the corpus

• What is a Sustainable Public Debt (2015, unknown): “The field became very active again, and with a particular interest in quantitative analysis, in the aftermath of the emerging markets crises of the 1990s (e.g. Aguiar and Gopinath (2006), Arellano (2008), Pitchford and Wright (2012), Yue (2010), Mendoza and Yue (2012)).”
• Empirical Research on Sovereign Debt and Default (2013, methodology): “Several recent court cases have illustrated the near impossibility of taking sovereign assets as compensation for default (Wright 2001, Doemeland et al 2008, Pitchford and Wright 2012, and Kolb 2011).”
• Recovery Before Redemption: A Theory of Delays in Sovereign Debt Renegotiations (2009, background): “Electronic copy available at: http://ssrn.com/abstract=1392539”
• Sovereign Debt Restructurings: Preemptive or Post-Default (2015, background): “…debtor and its creditors (e.g. Bulow and Rogoff (1989), Benjamin and Wright (2009), Kovrijnykh and Szentes (2007), Bi (2008), Bai and Zhang (2010), D’Erasmo (2010), Yue (2010), Pitchford and Wright (2012), Asonuma (2012), Arellano and Bai (2014), and, in particular, Hatchondo et al. (2014)).”