, closeness, and eigenvector centralities, to detect whether network properties drive the currency risk premia. We observe that … forward spread. Thus, our developed network centralities are independent of an unconditional carry trade risk factor. Based on …

sovereign to corporate credit risk in Europe. A ten percent increase in sovereign credit risk raises corporate credit risk on … sovereign to corporate risk transfer …

The first Greek bailout on April 11, 2010 triggered a significant reevaluation of sovereign credit risk across Europe …. We exploit this event to examine the transmission of sovereign to corporate credit risk. A ten percent increase in … sovereign credit risk raises corporate credit risk on average by 1.1 percent after the bailout. The evidence is suggestive of …

This paper investigates the impact of international political risk on government bond yields in 34 debtor countries … number of international political crises as a proxy for political risk and controlling for country-specific economic … conditions, we establish a positive and significant link between international political risk and government bond yields. This is …

vulnerabilities. Further, the paper presents operational issues faced by debt managers, including the need to develop a risk …