Similar Search Results

Is the debt brake behind Germany's successful fiscal consolidation?

Rietzler, Katja; Truger, Achim - 2018

debt brake, which is sometimes interpreted as causality. At the same time Germany's economic performance is better than … analysis of the "structural" consolidation of public finances in Germany for the period from 1991 until 2017 showing that the … German debt brake is not the cause of the successful budget consolidation in Germany since 2010. The improvement of the …

Persistent link: https://www.econbiz.de/10011859417

At the Core of the Sovereign Crisis in Spain : Restructuring Subnational Debt vs Internal Bail-Out

Tirado, Ignacio - 2013

Spain´s sovereign crisis has many sides and causes. An unviable economic model and an insolvent financial sector generated a private sector crisis that rapidly spread to the Government´s balance sheet. The public sector itself had –and continues to have- its own serious dysfunctions. One of...

Persistent link: https://www.econbiz.de/10013076101

Sovereign Debt and Equity Returns in the Face of Disaster

Gerding, Felix - 2020

We study the role of sovereign debt for equity returns in the Covid-19 pandemic. Using individual stock-level data of more than 25,000 firms in more than 80 countries, we exploit variation in debt-to-GDP in narrowly defined industries and geographical regions. Following the outbreak of the...

Persistent link: https://www.econbiz.de/10012837368

The Greek Debt : An Analysis of the Composing Data for the Period 2004–2010

Kontogeorga, Georgia - 2012

The financial crisis in Greece and other countries has resulted in an increasing concern over public debt and its viability throughout the world. The debt crisis in the Eurozone is still unfolding, as other European countries after Greece (such as Ireland) seek financial support from the rescue...

Persistent link: https://www.econbiz.de/10013103368

The mutualization of sovereign debt : comparing the American past and the European present

Steinbach, Armin - In: Journal of common market studies : JCMS 53 (2015) 5, pp. 1110-1125

Persistent link: https://www.econbiz.de/10011392502

Does Greece need more official debt relief? : if so, how much?

Zettelmeyer, Jeromin; Kreplin, Eike; Panizza, Ugo - 2017

Persistent link: https://www.econbiz.de/10011715448

Myths and self-deceptions about the Greek debt crisis

Skaperdas, Stergios - In: Revue d'économie politique 125 (2015) 6, pp. 755-785

Persistent link: https://www.econbiz.de/10011480604

A reconsideration of multiple equilibria in the analysis of one-period government bonds with default risk

Guo, Yanling - 2015

In this paper, the author considers sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the "good equilibrium" is the only stable equilibrium under some quite general assumptions,...

Persistent link: https://www.econbiz.de/10011349880

The role of lenders' trust in determining borrowing conditions for sovereign debt : an analysis of one-period government bonds with default risk

Guo, Yanling - 2015

In this paper, the author considers the sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the weight assigned to the lenders' interest by the borrowing government at the time of...

Persistent link: https://www.econbiz.de/10010512528

An outline of a progressive resolution to the euro-area sovereign debt overhang : how a five-year suspension of the debt burden could overthrow austerity

Sōtēropulos, Dēmētrēs P.; Mēlios, Giannēs G.; … - 2014

The present study puts forward a plan for solving the sovereign debt crisis in the euro area (EA) in line with the interests of the working classes and the social majority. Our main strategy is for the European Central Bank (ECB) to acquire a significant part of the outstanding sovereign debt...

Persistent link: https://www.econbiz.de/10010432271

1
2
3
4
5
6
7
8
9
10
Next
Last