New book by Manuel Amador
Congratulations to Professor Manuel Amador, along with Mark Aguiar of Princeton University, on the publication of The Economics of Sovereign Debt and Default from Princeton University Press. The authors provide a unified and tractable theoretical framework that elucidates the key economics behind sovereign debt markets, shedding light on the frictions and inefficiencies that prevent the smooth functioning of these markets.
“Aguiar and Amador are by far the leading scholars on sovereign debt of our times," says Gita Gopinath, chief economist of the International Monetary Fund. "Their depth of knowledge and clarity of exposition make this the go-to book for anyone seeking a deeper understanding of sovereign debt. This book is for the ages.”
