NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Systemic and Idiosyncratic Sovereign Debt Crises

Graciela L. Kaminsky, Pablo Vega-García

NBER Working Paper No. 20042
Issued in April 2014, Revised in August 2015

---- Acknowledgments ----

Graciela Kaminsky gratefully acknowledges support from the National Science Foundation (Award No 1023681) and the Institute for New Economic Thinking (Grant No INO14-00009). We thank Michael Bordo, Luis Cãtao, Gerardo de la Paollera, Jeffrey Frankel, Christopher Meissner, Carmen Reinhart, Christoph Trebesch, Carlos Végh, Eugene White, and participants at the CREI XV Workshop in International Economics and Finance, Barcelona, Spain, the NBER Sovereign Debt and Financial Crisis Conference, the European Historical Economic Society Conference, London, Great Britain, the LACEA Meeting, Mexico City, Mexico, the 4th International Conference on Economics of the Turkish Economic Association, Antalya, Turkey, and seminars at the European Central Bank, the IMF Research Department, Istanbul Kemerburgaz Űniversitesi, Johns Hopkins University (SAIS), Rutgers University, and University of California, Davis for very useful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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