We study the effects of the adoption of collective action clauses (CACs) on government bond yields by exploiting secondary market data on sovereign bonds quoted in international markets from March 2007 to April 2011. CACs are assessed security by security. Using a panel data approach, we find a...

We study the effects of the adoption of collective action clauses (CACs) on government bond yields by exploiting secondary market data on sovereigns quoted in international markets from March 2007 to April 2011. CACs are assessed security by security. Using a panel data approach, we find a...

<i> Le finanze pubbliche dei nuovi Stati membri dell'Unione europea</i> (di Alfredo Bardozzetti, Sandro Momigliano) - ABSTRACT: We examine the state and structure of public finances in the ten states which joined the European Union in 2004. In terms of budget balances and debt, there are signifi- cant...

We study different extended formulations for the set (formule) in order to tackle the feasibility problem for the set (formule). Here the goal is not to find an improved polyhedral relaxation of conv(X+), but rather to reformulate in such a way that the new variables introduced provide good...