One of the most striking consequences of the recent episode of sovereign debt market stress in the Eurozone has been … crisis. In order to fill this gap, we first identify the shocks that impact the variation in the share of sovereign debt held … at home in an SVAR model on a sample of Eurozone countries between 2002 and 2014, distinguishing between external and …

the weakening of the correlation between core and periphery market liquidity during the euro area sovereign bond crisis …

This paper considers the issue of sovereign debts in the Eurozone. The reasons for the reduction of public debt, which …

financial and sovereign debt crisis in Europe. We find that stress i) leads some banks to borrow in the market at rates that are … information problems in crisis times. We exploit euro area payments data to construct a novel dataset of interbank lending and …

Using a flexible threshold copula model, we investigate the pairwise tail dependence of Eurozone sovereign credit …

European sovereign debt crisis. Overall, this enabled banks with affiliated mutual funds to sell off larger amounts of their …

mutual funds as an exit channel for risky sovereign bonds in the European sovereign debt crisis. Matching banks' proprietary … during the European sovereign debt crisis. For the mutual funds, the sell-offs were more pronounced to public funds compared …

After the global financial crisis, some governments in the EU experienced serious debt financing problems, while others … the EU countries before and after the outbreak of the crisis. Fiscal reaction functions of the primary balance are … estimated for different groups of EU countries using quarterly data for the pre-crisis period 2001-2008 and for the post-crisis …

This article describes the current sovereign debt crisis of Greece, Ireland, Portugal and Spain, (GIPS). Using data …