during the Eurozone sovereign crisis. We find that Fitch, the rating agency among the “Big Three” with significantly stronger … ties to Europe, was more reluctant than its two more US-tied peers to downgrade Eurozone countries during the crisis. The …

We provide a comprehensive account of the dynamics of eurozone countries from 2000 to 2012. We analyze private leverage … government spending, and sudden stops. We then ask how eurozone countries would have fared with different policies. We find that …

We provide a comprehensive account of the dynamics of eurozone countries from 2000 to 2012. We analyze private leverage … government spending, and sudden stops. We then ask how eurozone countries would have fared with different policies. We find that …