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...

Полное описание

Библиографические подробности
Главный автор: Broner, Fernando
Другие авторы: Erce, Aitor, Martin, Alberto, Ventura, Jaume
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/270
Online-ссылка:Full text available on IMF