mechanisms that will help them better prepare for the possibility of crisis. In effect, the choice is whether to buy insurance … against a crisis not as an indication of prudent governance but rather as an indicator that a crisis is imminent. In this …

The aim of this paper is to detect the existence of financial contagion effects in the Eurozone countries during the … sovereign debt crisis.To achieve this purpose, the authors will analyse the contagion effects through the event study ….In conclusion, the outputs of the study will highlight that a financial contagion exists among the selected news and the Eurozone …

The Eurozone Debt Crisis has rekindled the debate on the nexus between currency areas and fiscal sovereigns. After the … crisis, much of the intellectual and political debate has been on the benefit of a fiscal union, the idea of creating a … common fiscal entity that is well equipped to make state-contingent cross-country transfers within the eurozone. Although the …