and Spain emerge as pivotal for the evolution of sovereign credit risk across the Eurozone. Our examination of the …

This paper addresses the following questions. Is there evidence of financial contagion in the Eurozone? To what extent … matter concerning the Euro Zone. Second, differences in vulnerability to contagion within the Eurozone are even more … remarkable: the core Eurozone members become less vulnerable to EUZ contagion, possibly due to a safe-heaven effect, while …

At the end of 2009, countries in the Eurozone began to experience a sudden divergence of bond yields as the market …

At the end of 2009, countries in the Eurozone began to experience a sudden divergence of bond yields as the perceived … sovereign credit default swap (CDS) market and the liquidity of the sovereign bond market for a group of Eurozone countries …. Empirically, we consider the differential spread on various Eurozone members sovereign bonds over the equivalent German benchmark …