How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone …

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 …

This paper argues that the Eurozone crisis stems from a risk management failure in the Eurosystem's design, and that …

benign exit from the Eurozone with stable investor expectations could substantially dampen the short-run impact …

European banks have been criticized for holding excessive domestic government debt during the recent Eurozone crisis … covering the entire timeline of the Eurozone crisis, I first re-confirm that the crisis led to the reallocation of sovereign …