{"title":"希腊债务危机的政治经济学:两次救助的故事","authors":"Silvia Ardagna, F. Caselli","doi":"10.1257/mac.6.4.291","DOIUrl":null,"url":null,"abstract":"We review the events that led to the May 2010 and July 2011 bailout agreements. We interpret the bailouts as outcomes of political-economy equilibria. We argue that the second bailout was not on the Pareto frontier and sketch political-economy arguments for why this may be so.","PeriodicalId":359449,"journal":{"name":"LSE Research Online Documents on Economics","volume":"39 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2012-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"95","resultStr":"{\"title\":\"The political economy of the Greek debt crisis: a tale of two bailouts\",\"authors\":\"Silvia Ardagna, F. Caselli\",\"doi\":\"10.1257/mac.6.4.291\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We review the events that led to the May 2010 and July 2011 bailout agreements. We interpret the bailouts as outcomes of political-economy equilibria. We argue that the second bailout was not on the Pareto frontier and sketch political-economy arguments for why this may be so.\",\"PeriodicalId\":359449,\"journal\":{\"name\":\"LSE Research Online Documents on Economics\",\"volume\":\"39 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2012-03-20\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"95\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"LSE Research Online Documents on Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1257/mac.6.4.291\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"LSE Research Online Documents on Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1257/mac.6.4.291","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The political economy of the Greek debt crisis: a tale of two bailouts
We review the events that led to the May 2010 and July 2011 bailout agreements. We interpret the bailouts as outcomes of political-economy equilibria. We argue that the second bailout was not on the Pareto frontier and sketch political-economy arguments for why this may be so.
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