Three Essays on Debt
By: Lijun Wang
Publisher: [publisher not identified]
Published: 2020
Place of publication: [New York, N.Y.?]
Language: eng
Description: This dissertation contains three essays on debts of different forms that make contributions to the areas of international macroeconomics and spatial economics. In particular, the first two essays study sovereign debts. They examine sovereign default behaviors together with interactions between sovereign defaults and countries’ costs of borrowing. The third essay looks at bank loans. It explores the possibility of understanding economic agglomeration through distance-related financial frictions firms face when borrowing from banks.
Notes: Department: Economics.

Thesis advisor: Patrick Bolton.

Thesis (Ph.D.)--Columbia University, 2020.