Financial crises and sudden stops: Was the European monetary union crisis different?
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DOI: 10.1016/j.econmod.2020.06.021
Abstract: Abstract We estimate a two-region model of the Euro area, with the purpose of identifying the shocks that caused the 2008–2009 recession and the subsequent 2010 sovereign bond crisis. One striking result is that both… read more here.
Keywords: european monetary; stops european; crises sudden; financial crises ... See more keywords