Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10015271921
Persistent link: https://www.econbiz.de/10015076856
This paper studies the impact of income inequality on sovereign spreads under elastic labor and endogenous taxation. We first document that high pre-tax income inequality is associated with high spreads both across countries and across U.S. states. We then develop a sovereign default model with...
Persistent link: https://www.econbiz.de/10012840571
Persistent link: https://www.econbiz.de/10015076853
Persistent link: https://www.econbiz.de/10014525264
Persistent link: https://www.econbiz.de/10012494798
Persistent link: https://www.econbiz.de/10012494800