Article ID Journal Published Year Pages File Type
5061016 Economics Letters 2011 4 Pages PDF
Abstract

In autumn 2008, euro area governments announced comprehensive rescue packages for banks. This induced decreasing bank and increasing government credit spreads. Moreover, the sensitivity of perceived sovereign credit quality to further crisis aggravations increased, and vice versa for banks.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The Janus-headed salvation: Sovereign and bank credit risk premia during 2008-2009
Authors
, ,