Gibson, Heather; Hall, Stephen; Tavlas, George - In: Empirical Economics 48 (2015) 3, pp. 939-949
With the outbreak of the Greek financial crisis in late 2009, spreads on Greek (and other) sovereigns reached unprecedented levels. Using a panel data of euro-area countries, we test whether the markets treated all euro-area countries in an equal manner over the period 1998:m1 to 2012:m6. An F...
