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...

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Détails bibliographiques
Auteur principal: Asonuma, Tamon
Autres auteurs: Bakhache, Said, Hesse, Heiko
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2015.
Collection:IMF Working Papers; Working Paper ; No. 2015/044
Accès en ligne:Full text available on IMF