Author : Lijun Wang
Release : 2020
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Kind : eBook
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Book Synopsis Three Essays on Debt by : Lijun Wang
Download or read book Three Essays on Debt written by Lijun Wang. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation contains three essays on debts of different forms that make contributions to the areas of international macroeconomics and spatial economics. In particular, the first two essays study sovereign debts. They examine sovereign default behaviors together with interactions between sovereign defaults and countries' costs of borrowing. The third essay looks at bank loans. It explores the possibility of understanding economic agglomeration through distance-related financial frictions firms face when borrowing from banks.