EconPapers    
Economics at your fingertips  
 

Who's afraid of sovereign bonds?

Silvia Merler () and Jean Pisani-Ferry ()

Policy Contributions from Bruegel

Abstract: The crisis has underlined the strong interdependence between the euro-area banking and sovereign crises. To understand the role domestic banks have played in holding sovereign debt, a breakdown of government debt by holding sectors is required.The data shows that at the start of the crisis, most continental euro-area countries were characterised by the large size of their banks’ portfolios of domestic government bonds, which were markedly larger than in the...

Date: 2012-02
New Economics Papers: this item is included in nep-cba and nep-eec
References: Add references at CitEc
Citations: View citations in EconPapers (29) Track citations by RSS feed

Downloads: (external link)
https://www.bruegel.org/wp-content/uploads/importe ... pc_2012_02_debt_.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bre:polcon:695

Access Statistics for this paper

More papers in Policy Contributions from Bruegel Contact information at EDIRC.
Bibliographic data for series maintained by Bruegel ().

 
Page updated 2020-08-09
Handle: RePEc:bre:polcon:695