Sovereign Spreads : Global Risk Aversion, Contagion or Fundamentals? /
Over the past year, euro area sovereign spreads have exhibited an unprecedented degree of volatility. This paper explores how much of these large movements reflected shifts in (i) global risk aversion (ii) country-specific risks, directly from worsening fundamentals, or indirectly from spillovers or...
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| Autres auteurs: | , |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2010/120 |
| Accès en ligne: | Full text available on IMF |