31. How Important Are the Political Costs of Domestic Default?: Evidence from World War II Bond Markets

  1. Robert W. Kolb
  1. Daniel Waldenström

Published Online: 29 NOV 2011

DOI: 10.1002/9781118267073.ch31

Sovereign Debt: From Safety to Default

Sovereign Debt: From Safety to Default

How to Cite

Kolb, R. W. (2011) How Important Are the Political Costs of Domestic Default?: Evidence from World War II Bond Markets, in Sovereign Debt: From Safety to Default, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118267073.ch31

Author Information

  1. Uppsala University and Research Institute of Industrial Economics (IFN)

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 21 FEB 2011

ISBN Information

Print ISBN: 9780470922392

Online ISBN: 9781118267073

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Keywords:

  • domestic default;
  • Worldwar II;
  • bond markets;
  • external default;
  • political sanctions

Summary

This chapter contains sections titled:

  • Institutional Setting and Data

  • Empirical Analysis

  • Conclusion

  • Notes

  • About the Authors