now highly-sensitive GIIPS group and other European country groupings (EU and Euro Area excluding GIIPS, and the non … in GIIPS to other euro countries is not evident once own-country credit rating changes are taken into account …

This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the … leading to the euro is an example of a common upbeat and optimistic attitude to the formation of new institutions. Such a …

countries to global crisis news and euro crisis news. Overall, we find that whereas global crisis news had a consistently … negative effect on returns of equity and bond markets in developing countries, the effect of euro crisis news was more mixed …

between the center economies (CEs, i.e., the U.S., Japan, and the Euro area), and the peripheral economies (PHs). We find a …