Euro Area sovereign debt crisis
Public debt, GDP and the Sovereign Debt Laffer curve: a country-specific analysis for the Euro Area
... in Euro Area national governments’ deficits ...public debt may find themselves further fiscally ...public debt especially difficult which, in turn, would inhibit each country’s ability to ...
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... 10-year sovereign yield decreased due to the reduction of the 10-year Bund yield, as well as on account of the increase of financial integration in euro area government ...public debt- to-GDP ...
7
The impact of the European sovereign debt crisis on the recovering from the financial crisis: Equity returns of the banking sector
... to euro area crisis episodes (Chan-Lau, Liu and Schimttmann, ...the euro crisis ...the crisis hit; see Beltratti and Stulz ...
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Macro-financial linkages between emergent and sustainable economies in a context of the European sovereign debt crisis
... the Euro area, we could see that a 1% change in real foreign output in a given quarter led to an increase of ...in Euro area real output within the same ...
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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under distinct economic and financial ...European sovereign debt crisis (see, ...and debt instrument co-movements is originally made for ...
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The drivers of Bank M&A in the Euro Area during the crisis
... However, overall results, as found in Appendix D.4.iii, are in consonance with the base estimation. M&A activity during the crisis is driven by pro-cyclicality for both subperiods. The impacts of market credit ...
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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 non-linear impact on the sovereign ...public debt ratio of up to 126% increased ...
11
An analysis of equity markets cointegration in the european sovereign debt crisis
... financial crisis on August ...largest euro area member ...other euro area member states also had a surplus, namely Germany ...government debt to GDP was also reasonable and in ...
10
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 periphery ...
9
Quantitative easing and sovereign yield spreads : Euro-Area time-varying evidence
... of sovereign yield spreads in 9 EMU countries by applying a panel co-integration approach allowing for structural ...of sovereign bond spreads in the long ...the sovereign debt ...in ...
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Euro area sovereign yields and the power of unconventional monetary policy
... 2010-11 sovereign debt crisis in the Economic and Monetary Union (EMU) and the significant increase of the spreads on 10-year sovereign bond yields vis-à-vis Germany, there was also an ...
20
Financialisation in the european periphery and the sovereign debt crisis: the portuguese case
... 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 in the country receiving ...
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Financialization in the European periphery and the sovereign debt crisis: the Portuguese case
... the euro area was crucial to the financialisation process and the resulting high levels of ...public debt and German public debt after the euro entered into force suggests that, until ...
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Government debt and economic growth in the Euro Area : an empirical investigation
... public debt seems to have a positive influence on the growth rate at a low debt-to-GDP ratio, the relationship reverses at higher ...the debt-to-GDP ratio at which the positive influence of ...
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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 ...
5
Sovereign debt crisis in Portugal and Spain
... Financial Crisis in 2007, Spain was in a comfortable position, it had been growing for 14 consecutive years, at an average annual rate of ...public debt/GDP was in a downward trajectory, decreasing from 58% ...
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Flight-to-quality and contagion in the european sovereign debt crisis: the cases of Portugal and Greece
... the euro sovereign debt ...the crisis reduced tax revenues and increased public expenditure (through fiscal stabilizers and accommodative fiscal policy), translating ultimately into an ...
35
Sovereign debt crisis in Portugal and Spain
... the debt-to-GDP ratio was in a downward trajectory, decreasing from 58% to ...the euro area it benefited from low interest rates and the expansionary monetary policy, which in part explain the long ...
33
The Global Financial Crisis and the European Sovereign Debt Crisis revisited from the perspective of credit supply in Portugal
... European Debt Crisis lie on the confluence and interaction of three key initial conditions which revealed determinant on what turned to be an intertwined sovereign and banking ...financial ...
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Sovereign default probabilities within the european crisis
... Eurozone sovereign debt was seen by both regulators and banks as safe, at least until ...of sovereign bonds from weak economies which paid a higher interest rate and were seemingly equally sound as ...
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