NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Sovereign Bonds since Waterloo

Josefin Meyer, Carmen M. Reinhart, Christoph Trebesch

NBER Working Paper No. 25543
Issued in February 2019

---- Acknowledgments ----

We thank Melanie Baade, Angelica Dominguez, Carl Hallmann, Moritz Müller-Freitag, Khanh Phuong Ho, Tim Hofstetter, Philipp Nickol, Maximilian Rupps, Sebastian Rieger, Paul Röttger, Christopher Schang and Julian Wichert for excellent research assistance. We received very helpful comments from Laura Alfaro, Darrell Duffie, Gita Gopinath, Şebnem Kalemli-Özcan, Sam Langfield, Matteo Maggiori, Vincent Reinhart, Moritz Schularick, Frank Westermann and from conference participants at the NBER IFM Summer Institute 2018, the ASSA Meetings 2015, the Macrohistory Workshop in Bonn, the Sovereign Debt Conference in Zurich, DebtCon2 in Geneva, the Financial Crises conference at the LSE, as well as at seminars at UC Berkeley, Harvard, LUISS, EIEF, and at the Universities of Cologne, Frankfurt, Humboldt, Melbourne, Munich and Oxford. Josefin Meyer gratefully acknowledges support by the European Commission’s Marie Curie Fellowship Programme under REA grant agreement no. 608129. Christoph Trebesch gratefully acknowledges financial support from the DFG Priority Programme “Experience and Expectation: Historical Foundations of Economic Behaviour” (SPP 1859) and from the Junior Researcher Fund of LMU München. All remaining errors are our own. 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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