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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書目詳細資料
主要作者: Bakker, Bas
其他作者: Korczak, Marta, Krogulski, Krzysztof
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2019.
叢編:IMF Working Papers; Working Paper ; No. 2019/056
在線閱讀:Full text available on IMF