Unemployment Surges in the EU : The Role of Risk Premium Shocks /

In the last decade, over half of the EU countries in the euro area or with currencies pegged to the euro were hit by large risk premium shocks. Previous papers have focused on the impact of these shocks on demand. This paper, by contrast, focuses on the impact on supply. We show that risk premium sh...

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Chi tiết về thư mục
Tác giả chính: Bakker, Bas
Tác giả khác: Korczak, Marta, Krogulski, Krzysztof
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:IMF Working Papers; Working Paper ; No. 2019/056
Truy cập trực tuyến:Full text available on IMF