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Christoph Trebesch

Professor of Economics · Kiel University

Professor at the Department of Economics, Kiel University, and Director of the research area International Finance at the Kiel Institute for the World Economy. Works on sovereign debt and geoeconomics; won the 2024 Gossen Award.

2 papers tracked 2 classics ⌁ Follow this author

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Published Classic Quarterly Journal of Economics Online 31 Jan 2022 Published Jul 2022

Sovereign Bonds Since Waterloo

Josefin Meyer · Carmen M Reinhart · Christoph Trebesch

Two centuries of monthly prices for 1,552 foreign-currency government bonds traded in London and New York, matched bond-by-bond to a new archive of defaults and haircuts, show that external sovereign …

Sovereign Debt International Finance Asset Pricing Risk Premia Financial Crises Free Read ↗

Published Classic American Economic Journal: Macroeconomics Published Jul 2013

Sovereign Defaults: The Price of Haircuts

Juan J Cruces · Christoph Trebesch

The first present-value estimates of creditor losses for all 180 sovereign debt restructurings with foreign banks and bondholders between 1978 and 2010 -- average haircut 37%, with half the cases …

Sovereign Debt International Finance Financial Crises Capital Flows Risk Premia Free Read ↗