Article ID Journal Published Year Pages File Type
7365986 Journal of International Money and Finance 2013 23 Pages PDF
Abstract
► Fiscal space and macroeconomic factors are important determinants of sovereign risk. ► Risk-pricing of Euro Periphery is not predicted accurately in or out of sample. ► We match the Euro periphery group with five middle income countries outside Europe. ► Euro's Periphery default risk is priced much higher than matched countries in 2010.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
What is the risk of European sovereign debt defaults? Fiscal space, CDS spreads and market pricing of risk
Authors
, , ,