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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Broner, Fernando
Altri autori: Erce, Aitor, Martin, Alberto, Ventura, Jaume
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/270
Accesso online:Full text available on IMF