{"id":"https://openalex.org/W3091950573","doi":"https://doi.org/10.1016/j.jimonfin.2020.102305","title":"Financial stress and the probability of sovereign default","display_name":"Financial stress and the probability of sovereign default","publication_year":2020,"publication_date":"2020-10-11","ids":{"openalex":"https://openalex.org/W3091950573","doi":"https://doi.org/10.1016/j.jimonfin.2020.102305","mag":"3091950573"},"language":"en","primary_location":{"id":"doi:10.1016/j.jimonfin.2020.102305","doi":"https://doi.org/10.1016/j.jimonfin.2020.102305","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2020.102305","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5060362798","display_name":"Caterina Rho","orcid":"https://orcid.org/0000-0003-1762-3629","observed_orcids":["https://orcid.org/0000-0003-1762-3629"]},"institutions":[{"id":"https://openalex.org/I29300151","display_name":"Bank of Mexico","ror":"https://ror.org/02xp9d883","country_code":"MX","type":"other","lineage":["https://openalex.org/I29300151"]}],"countries":["MX"],"is_corresponding":true,"raw_author_name":"Caterina Rho","raw_affiliation_strings":["Banco de M\u00e9xico, Avenida 5 de mayo 2, Colonia Centro, Delegaci\u00f3n Cuauht\u00e9moc, C.P. 06000 Mexico City, Mexico"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Banco de M\u00e9xico, Avenida 5 de mayo 2, Colonia Centro, Delegaci\u00f3n Cuauht\u00e9moc, C.P. 06000 Mexico City, Mexico","institution_ids":["https://openalex.org/I29300151"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071515617","display_name":"Manrique Saenz","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1310145890","display_name":"International Monetary Fund","ror":"https://ror.org/05m4rmw09","country_code":"US","type":"other","lineage":["https://openalex.org/I1310145890"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Manrique Saenz","raw_affiliation_strings":["International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"International Monetary Fund, 700 19th Street, N.W., Washington, D.C. 20431, United States","institution_ids":["https://openalex.org/I1310145890"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5060362798"],"corresponding_institution_ids":["https://openalex.org/I29300151"],"apc_list":{"value":2300,"currency":"USD","value_usd":2300},"apc_paid":null,"fwci":1.6863,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.86227365,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"110","issue":null,"first_page":"102305","last_page":"102305"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9775000214576721,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9775000214576721,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.018300000578165054,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.0012000000569969416,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sovereign-default","display_name":"sovereign default","score":0.9769999980926514},{"id":"https://openalex.org/keywords/financial-stress","display_name":"financial stress","score":0.9480000138282776},{"id":"https://openalex.org/keywords/sovereign-risk","display_name":"sovereign risk","score":0.5139999985694885},{"id":"https://openalex.org/keywords/debt-to-gdp-ratio","display_name":"debt-to-GDP ratio","score":0.8529999852180481},{"id":"https://openalex.org/keywords/foreign-exchange-reserves","display_name":"foreign exchange reserves","score":0.8809999823570251},{"id":"https://openalex.org/keywords/gdp-per-capita","display_name":"GDP per capita","score":0.8190000057220459},{"id":"https://openalex.org/keywords/fiscal-sustainability","display_name":"fiscal sustainability","score":0.6620000004768372},{"id":"https://openalex.org/keywords/economic-fundamentals","display_name":"economic fundamentals","score":0.5799999833106995},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.8370000123977661},{"id":"https://openalex.org/keywords/developed-countries","display_name":"developed countries","score":0.8339999914169312},{"id":"https://openalex.org/keywords/macroeconomic-shocks","display_name":"macroeconomic shocks","score":0.4410000145435333}],"concepts":[{"id":"https://openalex.org/C2778782394","wikidata":"https://www.wikidata.org/wiki/Q1092023","display_name":"Sovereign default","level":5,"score":0.7370569109916687},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6792324781417847},{"id":"https://openalex.org/C2779806880","wikidata":"https://www.wikidata.org/wiki/Q778470","display_name":"Probability of default","level":3,"score":0.6329949498176575},{"id":"https://openalex.org/C69637215","wikidata":"https://www.wikidata.org/wiki/Q702362","display_name":"Default","level":2,"score":0.5154391527175903},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.4871515929698944},{"id":"https://openalex.org/C2779201015","wikidata":"https://www.wikidata.org/wiki/Q1308919","display_name":"Stress test","level":2,"score":0.4818654954433441},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4722786843776703},{"id":"https://openalex.org/C186229450","wikidata":"https://www.wikidata.org/wiki/Q42008","display_name":"Sovereignty","level":3,"score":0.4651098847389221},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.45883411169052124},{"id":"https://openalex.org/C127598652","wikidata":"https://www.wikidata.org/wiki/Q558635","display_name":"Per capita","level":3,"score":0.43253666162490845},{"id":"https://openalex.org/C2777711530","wikidata":"https://www.wikidata.org/wiki/Q5454403","display_name":"Fiscal sustainability","level":3,"score":0.43209195137023926},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3677114248275757},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22268974781036377},{"id":"https://openalex.org/C2994482091","wikidata":"https://www.wikidata.org/wiki/Q12695","display_name":"Sovereign debt","level":4,"score":0.19803297519683838},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.17052659392356873},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.jimonfin.2020.102305","doi":"https://doi.org/10.1016/j.jimonfin.2020.102305","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2020.102305","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jimfin:v:110:y:2021:i:c:s0261560620302618","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0261560620302618","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":66,"referenced_works":["https://openalex.org/W67609593","https://openalex.org/W84326996","https://openalex.org/W230834082","https://openalex.org/W1528857264","https://openalex.org/W1831746137","https://openalex.org/W1963793634","https://openalex.org/W1977011186","https://openalex.org/W1987398996","https://openalex.org/W1991810765","https://openalex.org/W2004527577","https://openalex.org/W2007266072","https://openalex.org/W2009067325","https://openalex.org/W2009978841","https://openalex.org/W2016510098","https://openalex.org/W2054898230","https://openalex.org/W2056733792","https://openalex.org/W2062364012","https://openalex.org/W2074611089","https://openalex.org/W2079339785","https://openalex.org/W2090103969","https://openalex.org/W2094931240","https://openalex.org/W2098789514","https://openalex.org/W2100306399","https://openalex.org/W2112559425","https://openalex.org/W2119189903","https://openalex.org/W2120408022","https://openalex.org/W2123358062","https://openalex.org/W2136950282","https://openalex.org/W2152779343","https://openalex.org/W2153006777","https://openalex.org/W2167755574","https://openalex.org/W2169478177","https://openalex.org/W2175910548","https://openalex.org/W2179447714","https://openalex.org/W2233151521","https://openalex.org/W2289980873","https://openalex.org/W2575468313","https://openalex.org/W2781157541","https://openalex.org/W2888278562","https://openalex.org/W2892208908","https://openalex.org/W2894018681","https://openalex.org/W2946739240","https://openalex.org/W2954413025","https://openalex.org/W2954680195","https://openalex.org/W2954752237","https://openalex.org/W2954821310","https://openalex.org/W2955676028","https://openalex.org/W3121134989","https://openalex.org/W3121837409","https://openalex.org/W3122124451","https://openalex.org/W3122219577","https://openalex.org/W3122514684","https://openalex.org/W3122748932","https://openalex.org/W3123388961","https://openalex.org/W3123418729","https://openalex.org/W3124237174","https://openalex.org/W3124826844","https://openalex.org/W3125535202","https://openalex.org/W3125665983","https://openalex.org/W3125843056","https://openalex.org/W3125972850","https://openalex.org/W3126129819","https://openalex.org/W4226164790","https://openalex.org/W4232243078","https://openalex.org/W4238846015","https://openalex.org/W6678260699"],"related_works":["https://openalex.org/W7072049093","https://openalex.org/W2954887391","https://openalex.org/W1551238045","https://openalex.org/W3107205436","https://openalex.org/W7018799951","https://openalex.org/W3161361518","https://openalex.org/W3204597690","https://openalex.org/W2776016901","https://openalex.org/W4410528804","https://openalex.org/W4213279336"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2020-10-15T00:00:00"}
