What explains the surge in euro area sovereign spreads during the financial crisis of 2007-09?

What explains the surge in euro area sovereign spreads during the financial crisis of 2007-09?
Author: Maria-Grazia Attinasi
Publisher:
Total Pages:
Release: 2009
Genre:
ISBN:


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What explains the surge in euro area sovereign spreads during the financial crisis of 2007-09?
Language: en
Pages:
Authors: Maria-Grazia Attinasi
Categories:
Type: BOOK - Published: 2009 - Publisher:

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Euro Area Sovereign Risk During the Crisis
Language: en
Pages: 25
Authors: Ms.Silvia Sgherri
Categories: Business & Economics
Type: BOOK - Published: 2009-10-01 - Publisher: International Monetary Fund

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While the use of public resources is critical to cushion the impact of the financial crisis on the euro-area economy, it is key that the entailed fiscal costs n
Explaining Sovereign Spreads in the Euro Area
Language: en
Pages: 56
Authors: Sergio Capaldi
Categories:
Type: BOOK - Published: 2014 - Publisher:

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Several recent contributions on the euro crisis have highlighted the presence of discontinuity points in the link between sovereign spreads and economic fundame
Sovereign CDS Spreads in Europe
Language: en
Pages: 77
Authors: Mr.Frigyes F Heinz
Categories: Business & Economics
Type: BOOK - Published: 2014-01-28 - Publisher: International Monetary Fund

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By analysing data from January 2007 to December 2012 in a panel GLS error correction framework we find that European countries’ sovereign CDS spreads are larg
Transmission of Financial Stress in Europe
Language: en
Pages: 28
Authors: Ms.Brenda Gonzalez-Hermosillo
Categories: Business & Economics
Type: BOOK - Published: 2014-05-02 - Publisher: International Monetary Fund

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This paper proposes a stochastic volatility model to measure sovereign financial distress. It examines how key European sovereign credit default swap (CDS) spre