From the Irish perspective, the impact of debt overhang on long-term growth in the advanced economies presents a clear … warning. Ireland's debt overhang is outright extreme. Across the 18 advanced economies, weighted average real economic debts …'s real economy debt to GDP ratio is likely to reach above 400% of GDP. In this paper, we show that this level of debt …

This paper analyses the issue of the dynamics of the TARGET2 system balances during the sovereign debt crisis. The … sovereign debt crisis, while some countries, among which Germany, registered a decisive inflow of monetary base, some others, as …

complex financial markets in synthetic collateralized debt obligations - CDOs. Guided by invisible hands, supplies balance … less sure. The market might not work. It needs a bit of coaxing. Imbalances can persist. Market forces can be rather … economists see the Global Financial Crisis as a consequence of domestic and global imbalances. The most common story blames the …

deflationary Euro-bias. …

complex financial markets in synthetic collateralized debt obligations-CDOs. Guided by invisible hands, supplies balance … less sure. The market might not work. It needs a bit of coaxing. Imbalances can persist. Market forces can be rather … economists see the Global Financial Crisis as a consequence of domestic and global imbalances. The most common story blames the …