This paper investigates the association between greater income inequality, de-facto fiscalspace, and sovereign spreads … tax base, lower de-facto fiscalspace, and higher sovereign spreads. The economic magnitude of these effects is rather …

developments in sovereign spreads: (i) an aggregate regional risk factor, (ii) the country-specific credit risk and (iii) the …

This paper reconsiders the effects of fiscal policy on long-term interest rates and sovereign spreads employing a … two global factors play a relevant role also in explaining the variance of sovereign spreads, which in addition respond to … fiscal variables in explaining long- term interest rates, while it emphasizes their importance in explaining sovereign …

develop a model of sovereign spreads that are determined by the probability of default in interaction with the level of risk …

sovereign spreads. Using data from 50 countries in 2005 and in 2010, we find that higher income inequality is associated with a … lower tax base, lower de-facto fiscal space, and higher sovereign spreads. The economic magnitude of these effects is rather …

sovereign spreads. Using data from 50 countries in 2005 and in 2010,we find that higher income inequality is associated with a … lower tax base, lower de-facto fiscalspace, and higher sovereign spreads. The economic magnitude of these effects is rather …