möglicherweise problematischen Strukturbruch zurückzugreifen. Als Haupteffekte werden Kreditrisiko und flight …

This work presents an original proposal for the reform of the Eurozone architecture according to an approach based on … new ESM would support the full transition from national debts to a single Eurozone public debt (e.g. Eurobonds) with a …

We study the variation of sovereign credit default swaps (CDSs) of eurozone countries, their persistence and co … model, we test the evidence of long memory for CDSs of ten eurozone countries. Our analysis reveals that price discovery …

This paper addresses the following questions. Is there evidence of financial contagion in the Eurozone? To what extent … matter concerning the Euro Zone. Second, differences in vulnerability to contagion within the Eurozone are even more … remarkable: the core Eurozone members become less vulnerable to EUZ contagion, possibly due to a safe-heaven effect, while …