November 5, 2021
Professor Fanis Tsoulouhas has a new publication in the Journal of Government and Economics titled "Why do countries in financial distress strategically delay seeking help?"
The paper differs from current literature by providing a systematic analysis of the relationship between sovereign debt, financial distress and political career concerns via a novel game-theoretic model, in order to analyze the strategic behavior of governments in revealing financial distress and requesting a rescue program from international organizations.
Read the entire publication here.
