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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Asonuma, Tamon
Weitere Verfasser: Bakhache, Said, Hesse, Heiko
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/044
Online Zugang:Full text available on IMF