Stolbov, Mikhail - In: Panoeconomicus 61 (2014) 3, pp. 331-348
The paper explores causal linkages between interbank and sovereign bond markets in 14 OECD countries, the Euro area and Russia during the 2008-2009 crisis and post-crisis period. The analysis has been carried out for individual countries and in a multivariate framework. It enables to identify...