distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross … near to and far from the crisis areas. Using these calibrations, disturbances on the order of those observed during the …

How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone … debt crisis, placing "lessons learned" in historical perspective. The crisis featured: (i) the return of debt problems to …-over problems and self-fulfilling crisis dynamics; (iv) severe debt distress without outright sovereign defaults; (v) large …

with a particular focus on the impact of the euro area crisis. Research Design & Methods: The study is conducted for the 28 … EU countries for the years 2004-2018. The research period is later divided into pre-crisis, crisis, and post-crisis …, the condition of the banking sector seems to have gained in importance after the outbreak of the euro area crisis and …

The global financial crisis of 2007-2009 crystallized the underlying imbalances that are currently acting to tear apart … crisis, the insolvency of the Euro area member-states model of debt financing of public and private expenditure and …

and fiscal cost of a financial crisis, but they may make a fiscal crisis more likely. …