Euro sovereign debt crisis
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 ...
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... financial crisis, Portugal and Ireland needed financial support to roll over public debt and they both adopted economic and financial adjustment programmes (EFAPs) 1 in 2011 (European Commission, 2011a, ...
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Publicaciones on line comunicaciones presentadas 61b AECA2015 Teixeira&Monte
... systemic crisis that affected the euro area has highlighted serious inconsistencies in the governance model, internal organization and the instruments available to the management of the single currency ...
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Financial contagion reloaded: the case of Cyprus
... economic crisis. The Cypriot banks exposure to sovereign Greek debt proved to be too high and the pace of the structural and fiscal reforms too ...the crisis and the protests against the ...
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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 fact much better ...
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Financial Linkages in European Equity and Debt Markets
... the Euro illustrate that essential factors affecting financial markets and accordingly also their interdependences in the Euro area have considerably ...and sovereign debt markets have changed ...
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... financial crisis, Portugal and Ireland needed financial support to roll over public debt and they both adopted economic and financial adjustment programmes in ...These euro area countries had ...
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The Greek crisis: Causes and implications
... private debt increased more than public over the whole ...the crisis in October 2008 with governments being forced to bail out prob- lematic banks, taking over a major share of the debts of failing ...
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Essays on corporate funding and bank lending relationships
... the euro area sovereign debt crises on credit institutions and firms’ ...financial crisis directly affected banks’ financial health and the functioning of the interbank markets, the ...
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The Euro Monetary Fund A proposal for sovereign-debt redemption
... In pre-crisis, the Central Banks (CBs) activity in the major economies came to be mainly about a directive rate-setting within a mandate for stable inflation. The United States, the United Kingdom, the Euro ...
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Macro-financial linkages between emergent and sustainable economies in a context of the European sovereign debt crisis
... financial crisis, it was mainly the decline in risk appetite that affected emerging market ...in Euro countries to a global risk aversion shock after the creation of euro have become similar to those ...
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The determinants of sovereign bond yield spreads in the EMU
... ten euro area countries (Austria, Belgium, Finland, France, Greece, Ireland, Italy, Netherlands, Portugal and Spain) over the period 1999:01- 2010:12 (monthly ...periphery crisis caused an increased risk of ...
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Financialization in the European periphery and the sovereign debt crisis: the Portuguese case
... peripheral euro area countries such as Greece, Portugal and Ireland feature highly concentrated export structures, characterised by a state of backwardness in the production of capital goods, and are therefore ...
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A N ANALYSIS OF
... the importance of country factors. The argument for such change, according to the authors, is the increasing importance of integration and globalization. Coherent with this view, their findings suggest that as industry ...
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Financialisation in the european periphery and the sovereign debt crisis: the portuguese case
... ensure nominal convergence with Europe, which would later allow the adoption of the euro, contributed to a decline in the tradable sector's external competition. In conjunction with the privatisation process, this ...
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SOME ASPECTS CONCERNING SOVEREIGN DEBT AND THE RELATIVITY OF INDEBTEDNESS INDICATORS
... 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 sovereign debt started with the so-called ...
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Financial contagion in the BRICS stock markets: an empirical analysis of the Lehman Brothers collapse and European sovereign debt crisis
... financial crisis on China took the form of decrease in external demand which led to economic slowdown and rising ...financial crisis inflicted significant loss in output in all the BRICS economies (Kishor ...
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Informational spillovers in the pre-1914 London sovereign debt market
... fast debt renegotiation, willingness that was perceived by the British government as prone to bring instability to the region, was the key concern of the British Foreign ...
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Second Episode of the Global Crisis: 2011European Debt Crisis
... Methodology of this article is select of macroeconomic data from reliable resources and analyze them so we can watch the dimensions of the economic crisis at European economies. There are three important points ...
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CORPORATE DEBT AND CRISIS SEVERITY IN EUROPE
... of debt were found to be signiicant indicators of external vulnerability in an analysis of emerging market crises by Mulder, et ...the crisis, depends on the size of credit by the banking sector to the ...
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