Series: IMF Working Papers
Author(s): Damiano Sandri , and Ashoka Mody
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2011
Keywords: sovereign spreads, stock market, eurozone, Bear Stearns, Anglo Irish, public debt, bonds, sovereign bond, debt ratios, Macroeconomic - Aspects Of Public Finance
We use the rise and dispersion of sovereign spreads to tell the story of the emergence and escalation of financial tensions within the eurozone. This process evolved through three stages. Following the onset of the...