Showing 961 - 970 of 357,880
Persistent link: https://www.econbiz.de/10008841721
Persistent link: https://www.econbiz.de/10008904753
Persistent link: https://www.econbiz.de/10014574701
countries of the European Economic and Monetary Union (EMU), with special emphasis on the recent episodes of crisis triggered in … the eurozone sovereign debt markets since 2009. With this goal in mind, we make use of a database of daily frequency of …
Persistent link: https://www.econbiz.de/10014177329
sovereign debt crisis of 2009–2010. Using information on the option prices under the stochastic-volatility jump-diffusion model …, during the period of the global financial crisis between the Lehman default and September 2009 before the debt crisis began …
Persistent link: https://www.econbiz.de/10014048612
The sharp rise in public debt-to-GDP ratios in the aftermath of the financial crisis of 2008 posed serious challenges … for fiscal policy in the euro area countries and culminated for some member states in a sovereign debt crisis. This note … examines the public policy responses to the euro area crisis through the lens of financial repression with a particular focus …
Persistent link: https://www.econbiz.de/10014116245
We examine whether collective memories on the aid&reform programs chosen to handle the 2010 European debt crisis differ … the programs in different manners; indicating biases for assessments of how the crisis outcomes are perceived in borrower … and lender countries. Nation-serving biases may well explain if the European debt crisis has reduced the sense of …
Persistent link: https://www.econbiz.de/10013250727
Fiscal fatigue may lead a country to stop adjusting when debt continues rising in spite of a prolonged fiscal adjustment. Once fiscal fatigue sets in, the country may stop adjusting, thus compromising debt sustainability. However, the absence of sufficient adjustment may be the consequence of...
Persistent link: https://www.econbiz.de/10012999679
European sovereign debt markets have been under scrutiny ever since the sovereign debt crisis of 2009. In this paper …
Persistent link: https://www.econbiz.de/10012999936
, among others, the establishment of robust crisis management mechanisms. On the basis of this analysis, it is suggested that …
Persistent link: https://www.econbiz.de/10013000996