Is Banks' Home Bias Good or Bad for Public Debt Sustainability? /

Motivated by the recent increase in domestic banks' holdings of domestic sovereign debt (i.e., home bias) in the European periphery, this paper analyzes implications of banks' home bias for the sovereign's debt sustainability. The main findings, based on a sample of advanced (AM) and...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Asonuma, Tamon
Awduron Eraill: Bakhache, Said, Hesse, Heiko
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/044
Mynediad Ar-lein:Full text available on IMF