recessions in the Eurozone from the 1990s to the recent past. Credit default swap (CDS) data on sovereign bonds, which provide a … using the commonly employed yield spread remains high, provided that biases associated with Eurozone sovereign default risk …

A 'lost decade' for the Eurozone is looming on the horizon. Under these circumstances, stable indicators for future … spreads, growth is sparse in the Eurozone. We find this to be caused by default risks, which are distorting the long …-term interest rates of many Eurozone countries. Therefore, a new method of risk adjustment is introduced. We employ credit default …

This paper is about market liquidity risk premia in Eurozone sovereign bond spreads between 2008 and 2015. By …