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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Broner, Fernando
Weitere Verfasser: Erce, Aitor, Martin, Alberto, Ventura, Jaume
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/270
Online Zugang:Full text available on IMF