during the Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed …

recent Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed …

sovereign debt crisis …

We examine the asymmetric and nonlinear nature of the cross- and intra-market linkages of eleven EMU sovereign bond and … first, extends from late 2009 to mid 2011 and concerns the outright contagion transmission from EMU South bond markets … characterized by contagion from (i) CDS spreads in the EMU South towards bond yields in the same bloc and Belgium, and (ii) from …

sovereign debt crisis jeopardized the entire Economic and Monetary Union (EMU). The crises made it clear that the EMU had been … the EMU. The story is very important from theoretical perspective as well, since various theories and approaches provide … in explaining the Eurozone crisis management. In relation to this, the major question of the thesis is whether the crisis …

recent Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed …