Euro and sovereign debt crisis
The euro sovereign debt crisis, determinants of default probabilities and implied ratings in the CDS market: an econometric analysis
... The sovereign debt crisis in the Euro area has been receiving standard answers in the political arena, albeit reduced attention from the scientific ...indebted Euro zone countries, have ...
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Financialization in the European periphery and the sovereign debt crisis: the Portuguese case
... overcome, and in the remainder of the 20th century the Portuguese economy benefited from the improved performance of the international economy and the sharp reduction in real interest rates from the ...
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The global financial crisis: from US subprime mortgages to european sovereign debt by George K. Zestos
... mortgage crisis spread to Europe during the fall of 2008, just after the collapse of Lehman ...over-indebted, and “for this reason, the crisis became known as the European sovereign ...
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The impact of the European sovereign debt crisis on the recovering from the financial crisis: Equity returns of the banking sector
... Liu and Schmittmann (2012), European banks more reliant on wholesale funding, measured by the loan-to-deposit ratio, tend to perform ...2010, and Gorton and Metrick ...ratio) and lower ...
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Financialisation in the european periphery and the sovereign debt crisis: the portuguese case
... Union and notably in the euro area was crucial to explain the high level of indebtedness, because not only had an impact on the liberalisation of the financial and banking markets, but also resulted ...
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Euro area sovereign yields and the power of QE
... 2010-11 sovereign debt crisis in the EMU and the significant increase of the spreads on 10-year sovereign bond yields, there was also an increase in the credit risk premium for ...
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Flight-to-quality and contagion in the european sovereign debt crisis: the cases of Portugal and Greece
... German and Portuguese government bond ...German and Portuguese government bonds yields (Figure 8) is close to 1 from 2007 to Q2 2008, declining strongly thereafter due to the Subprime ...Greek ...
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Has the sovereign debt crisis changed the cyclicality of Portuguese remittances?
... degree and sign of the correlation ...before and after the circulation of the euro shows that remittances remained procyclical relative to the French and Swiss business cycles, but with a ...
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The impact of the 2007-2008 financial crisis and European Sovereign Debt Crisis on firms’ capital structure : the case of Portugal and Ireland
... incredible and unbelievable growth in government indebtedness as Ireland became one of the more heavily indebted ...2001 and 2007 as the government destroyed all that had been built in the past, leading to ...
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Macro-financial linkages between emergent and sustainable economies in a context of the European sovereign debt crisis
... Dreger and Wolters [15] investigated the implications of an increase in liquidity in the years preceding the global financial crises on the formation of price bubbles in asset ...shocks and their ...
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SOME ASPECTS CONCERNING SOVEREIGN DEBT AND THE RELATIVITY OF INDEBTEDNESS INDICATORS
... more and more about sovereign ...the debt to Italian bankers, the Mexican default of August 1982 or the Argentine one back in 2001, aiming at nearly 100 billion dollars, are well ...about ...
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An analysis of equity markets cointegration in the european sovereign debt crisis
... financial crisis on August ...largest euro area member ...(5.2%) and Luxembourg (3.7%). Three other euro area member states also had a surplus, namely Germany ...(0.2%), and Ireland ...
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“Whatever it takes” to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects
... 10-year sovereign bond yield spreads against Germany and their fundamental determinants (global financial risk, liquidity risk and credit ...core and periphery countries constituent ...spreads ...
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Tracking the relationship between euro area equities and sovereign bonds
... main euro area stocks and bonds evolved under distinct economic and financial ...country and across countries, while also probing asymmetric features and causal ...European ...
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... Portuguese sovereign yield rose (87 bp) due to increases in the 10-year Bund yield (100 ...of debt ratio had a nonlinear impact on the sovereign ...public debt ratio of up to 126% increased ...
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Sovereign debt crisis in Portugal and Spain
... Zona Euro e uma regressão SUR com Portugal e Espanha, ambas abrangendo o período entre 1999:11 até ...Zona Euro pelos mercados aumentou após as crises e diminui a seguir ao discurso de Mario ...
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... economic and financial crisis, Portugal and Ireland needed financial support to roll over public debt and they both adopted economic and financial adjustment programmes in ...
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Public debt, GDP and the Sovereign Debt Laffer curve: a country-specific analysis for the Euro Area
... common and flexible fiscal policy response to accommodate future shocks of systemic ...in Euro Area national governments’ deficits ...public debt may find themselves further fiscally ...public ...
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Sovereign debt crisis in Portugal and Spain
... financial crisis, economic growth in the European Monetary Union (EMU) was consistent, the fiscal scenario was good, with limited deficits and debt levels rising gently (Beirne & Fratzscher, ...
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Sovereign debt and CRAs: where does the power lie?
... for Euro in the models employing abnormal market returns as the dependent variable might be larger than those in models using simple returns; for positive events previous literature 9 does not find significant ...
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