Semmler, Willi; Proaño, Christian R. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2015
default, and recently sovereign default threats were eminent for Greece and Spain 2012-13. Moreover, Argentina experienced an … this paper, we 1) propose alternative model variants suitable for certain types of countries in the EU where aggregate … dynamics of output, sovereign debt and financial stress in some euro area and other industrialized countries. …