| dc.contributor.advisor | Hui Chen. | en_US |
| dc.contributor.author | Xu, Yu | en_US |
| dc.contributor.author | Chen, Hui | en_US |
| dc.contributor.author | Yang, Jun | en_US |
| dc.contributor.author | Passadore, Juan | |
| dc.contributor.other | Sloan School of Management. | en_US |
| dc.date.accessioned | 2015-09-17T18:59:37Z | |
| dc.date.available | 2015-09-17T18:59:37Z | |
| dc.date.copyright | 2015 | en_US |
| dc.date.issued | 2015 | en_US |
| dc.identifier.uri | http://hdl.handle.net/1721.1/98612 | |
| dc.description | Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2015. | en_US |
| dc.description | Cataloged from PDF version of thesis. | en_US |
| dc.description | Includes bibliographical references. | en_US |
| dc.description.abstract | This thesis consists of three chapters on debt markets. In chapter 1, I consider the interaction between domestic banking and growth in a DSGE model of sovereign default in order to address (i) the joint existence of sovereign debt and international reserves, and (ii) the occurrence of twin (domestic banking and sovereign default) crises. In chapter 2, joint with Hui Chen and Jun Yang, we build a structural model to explain corporate debt maturity dynamics over the business cycle and their implications for the term structure of credit spreads. In chapter 3, joint with Juan Passadore, we study debt policy of emerging economies accounting for credit and liquidity risk. | en_US |
| dc.description.statementofresponsibility | by Yu Xu. | en_US |
| dc.format.extent | 179 pages | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | Massachusetts Institute of Technology | en_US |
| dc.rights | M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. | en_US |
| dc.rights.uri | http://dspace.mit.edu/handle/1721.1/7582 | en_US |
| dc.subject | Sloan School of Management. | en_US |
| dc.title | Essays on debt markets | en_US |
| dc.type | Thesis | en_US |
| dc.description.degree | Ph. D. | en_US |
| dc.contributor.department | Sloan School of Management | en_US |
| dc.identifier.oclc | 920473592 | en_US |
