The Pure Theory of Country RiskJonathan Eaton, Mark Gersovitz, Joseph E. Stiglitz
Chapter in NBER book International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics (1991), Georges de Ménil and Robert J. Gordon, editors (p. 391 - 435) This paper is available as PDF (499 K) or via email.
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