during the Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed … bailout was to prevent an exit from the eurozone and possible contagion. Bailouts to avoid sovereign default were …

during the Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed … bailout was to prevent an exit from the eurozone and possible contagion. Bailouts to avoid sovereign default were …

recent Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed …

Italian and Spanish CDS spreads towards all European CDS spreads. Consistent with their “too big to bail out” status, Italy … and Spain emerge as pivotal for the evolution of sovereign credit risk across the Eurozone. Our examination of the …

recent Eurozone crisis. We propose a model to analyze and understand bailouts in a monetary union, and the large observed …

primary and secondary market yields, market segmentation, and measures of information acquisition during the Eurozone … sovereign debt crisis …

This paper presents a preliminary comparison of the Eurosystem response to the Global Financial Crisis and Eurozone … balance sheets to show the effect of ECB decisions to consrain or enable liquidity provision across the Eurozone, particularly … potential for monetary authorities to structurally influence liquidity preference and provision. As Eurozone governments debate …