Siuda, Vojtěch; Szabo, Milan - In: Journal of central banking theory and practice 10 (2021) 3, pp. 169-192
European countries have increased significantly their public debt since the Global Financial Crisis. The increasing … sovereign credit risk and develop"what-if"scenarios to assess a potential repercussion of a financial institution rescue or of … an economic contraction on sovereign credit risk. The presented article introduces adjustments to the sovereign …