id author title date pages extension mime words sentence flesch summary cache txt z890rr20r65 Astghik Mkhitaryan Essays on Sovereign Debt 2022 .txt text/plain 304 14 52 We study the impact that such borrowing from China has on the equilibrium quantities and prices for marketable sovereign debt. However, standard models of sovereign debt cannot jointly explain the debt-to-output ratio and the default frequency observed in the data. cache/z890rr20r65.txt txt/z890rr20r65.txt