separately or by taking into account the joint evolution of their values. The data refer to ten countries in the Eurozone along … 2008-2016. By applying the causality Granger test for these variables, after six different ways of proxy, CDS premia are …

This paper contributes to the literature by applying the Granger-causality approach and endogenous breakpoint test to … is used. The main results suggest that the 41 new causality patterns, which appeared for the first time in the crisis … period, and the intensification of causality recorded in 70% of the cases, provide clear evidence of contagion in the …