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...

Полное описание

Библиографические подробности
Главный автор: Asonuma, Tamon
Другие авторы: Bakhache, Said, Hesse, Heiko
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/044
Online-ссылка:Full text available on IMF