Political risk is a significant determinant of sovereign debt dynamics. We estimate the sensitivity of bond yields and … economic growth to a country-level broad proxy of political risk and develop a stochastic debt sustainability analysis … optimization model with both yields and growth channels to show that political risk can render debt unsustainable, triggered by …

Political risk is a significant determinant of sovereign debt dynamics. We estimate the sensitivity of bond yields and … economic growth to a country-level broad proxy of political risk and develop a stochastic debt sustainability analysis … optimization model with both yields and growth channels to show that political risk can render debt unsustainable, triggered by …

Political risk is a significant determinant of bond yields and economic growth in both developed and emerging markets … and we develop a debt sustainability analysis model with both channels using a country ratings proxy of political risk …. Political risk also affects a sovereign's willingness to pay and it can render debt unsustainable, triggered by changes in the …

Political risk is a significant determinant of bond yields and economic growth in both developed and emerging markets … and we develop a debt sustainability analysis model with both channels using a country ratings proxy of political risk …. Political risk also affects a sovereign's willingness to pay and it can render debt unsustainable, triggered by changes in the …