@article {68581,
	title = {Sovereign Debt Disputes: A Database on Government Coerciveness During Debt Crises},
	journal = {Journal of International Money and Finance},
	year = {2011},
	note = {Download PDF},
	month = {Dec 1, 2011},
	publisher = {Journal of International Money and Finance},
	abstract = {This paper measures {\textquotedblleft}debt disputes{\textquotedblright} between governments and
foreign private creditors in periods of sovereign debt crises. We
construct an index of government coerciveness, consisting of 9
objective sub-indicators. Each of these sub-indicators captures
unilateral government actions imposed on foreign banks and
bondholders. The results provide the first systematic account of
debt crises that goes beyond a binary categorization of default
versus non-default. Overall, government behavior and rhetoric
show a strong variability, ranging from highly confrontational to
very smooth crisis resolution processes. In a preliminary analysis
on the determinants of coercive behavior, we find political institutions
to be significant, while economic and financial factors play
a lesser role. These results open up an agenda for future research.},
	url = {http://www.journals.elsevier.com/journal-of-international-money-and-finance/$\#$description},
	author = {Enderlein, Henrik and Trebesch, Christoph and von Daniels, Laura}
}
