Amato, Amedeo; Consigliere, Isabella - In: Economia Internazionale / International Economics 65 (2012) 1, pp. 1-14
Summer 2011 witnessed a sudden and dramatic increase in the spread between yields on Italian and German government bonds in response to concerns over Italy’s ability to finance its debt. In this article we discuss some of the possible reasons for these fears and analyse the effectiveness of...