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was run among students from Cyprus, Greece, Ireland, Italy, Portugal, and Spain. Our study offered the students seven … were differences between countries with respect to the frequencies of these three rules, whereby Greece and Ireland were …
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Is the pricing of sovereign risk linear during bearish episodes? Or can initial shocks on economic fundamentals be exacerbated by endogenous factors that create nonlinearities? We test for nonlinearities in the sovereign bond market of European peripheral countries during the debt crisis and...
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This paper finds evidence that a significant part of the surge in the spreads of the PIGS countries (Portugal, Ireland …, Greece and Spain) in the eurozone during 2010-11 was disconnected from underlying increases in the debt-to-GDP ratios, and …
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