reflecting flighttoquality and flight-to-liquidity has been widely disregarded. I estimate government bond yields of the Euro-12 …. In der vorliegenden Arbeit werden die Effektivzinsen von Staatsanleihen der Euro-12-Länder ohne Luxemburg von Mai 2003 …

This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … in the context of the euro crisis. This move is then compared to the ECB’s now terminated Securities Market Programme …Der Autor schlägt vor, dass die Euro-Krisenländer Anleihen mit Goldreserven unterlegen sollen. Damit würden …

sovereign CDSs of 10 eurozone countries to test the evidence of long memory behavior during the financial crisis. Our analysis … eurozone countries by estimating dynamic conditional correlations. -- Credit default swaps ; long memory ; sovereign risk … ; eurozone economies ; FIGARCH ; dynamic conditional correlation …