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Our currency, your problem? : the global effects of the euro debt crisis

Stracca, Livio - In: European economic review : EER 74 (2015), pp. 1-13

Persistent link: https://www.econbiz.de/10011522584

Sovereigns going bust : estimating the cost of default

Kuvshinov, Dmitry; Zimmermann, Kaspar - In: European economic review : EER 119 (2019), pp. 1-21

Persistent link: https://www.econbiz.de/10012263324

Gains from trade and the sovereign bond market

Kikkawa, Ayumu Ken; Sasahara, Akira - In: European economic review : EER 124 (2020), pp. 1-26

Persistent link: https://www.econbiz.de/10012264814

International Food Commodity Prices and Missing (Dis)Inflation in the Euro Area

Peersman, Gert - 2019

This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics using a structural VAR model that is identified with an external instrument (i.e. a series of global harvest shocks). The results reveal that exogenous food commodity price...

Persistent link: https://www.econbiz.de/10012892245

The Euro Crisis and Economic Growth : A Novel Counterfactual Approach

Terzi, Alessio - 2019

warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific … Eurozone's specificity, which is instead to be traced back to a sharper-than-expected contraction in investment and fiscal …

Persistent link: https://www.econbiz.de/10012866042

Currency unions and trade : a post-EMU reassessment

Glick, Reuven; Rose, Andrew - In: European economic review : EER 87 (2016), pp. 78-91

Persistent link: https://www.econbiz.de/10011770766

The international impact of a fragile EMU

Ioannou, Demosthenes; Pagliari, Maria Sole; Stracca, Livio - In: European economic review : EER 161 (2024), pp. 1-18

Persistent link: https://www.econbiz.de/10015075986

Foreign currency debt and the global financial architecture

Jeanne, Olivier - In: European economic review : EER 44 (2000) 4/6, pp. 719-727

Persistent link: https://www.econbiz.de/10001486953

Compliance Effects of Sovereign Debt Cuts

Janeba, Eckhard - 2019

The controversy about sovereign debt cuts loomed prominently throughout crisis in the European Union (EU), as the EU legal rules were viewed to impose strict limitations on debt restructuring involving public creditors due to moral hazard concerns enshrined in the legal ban on bailouts. This...

Persistent link: https://www.econbiz.de/10012866369

Stigma or Cushion? IMF Programs and Sovereign Creditworthiness

Gehring, Kai - 2018

IMF programs are often considered to carry a “stigma” that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...

Persistent link: https://www.econbiz.de/10012920590