Sovereign Debt Markets in Turbulent Times : Creditor Discrimination and Crowding-Out /

In 2007, countries in the Euro periphery were enjoying stable growth, low deficits, and low spreads. Then the financial crisis erupted and pushed them into deep recessions, raising their deficits and debt levels. By 2010, they were facing severe debt problems. Spreads increased and, surprisingly, so...

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Autor principal: Broner, Fernando
Altres autors: Erce, Aitor, Martin, Alberto, Ventura, Jaume
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2013.
Col·lecció:IMF Working Papers; Working Paper ; No. 2013/270
Accés en línia:Full text available on IMF