Cargando…

From Bear Stearns to Anglo Irish.

This paper attempts to explain the recent rise and differentiation of sovereign spreads across the countries of the eurozone. Following the onset of the subprime crisis in July 2007, spreads rose but mainly on account of common global factors. The rescue of Bear Stearns in March 2008 marked a turnin...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Mody, Ashoka
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000Mu 4500
001 EBOOKCENTRAL_ocn870244716
003 OCoLC
005 20240329122006.0
006 m o d
007 cr |n|||||||||
008 140208s2009 dcu o 000 0 eng d
040 |a EBLCP  |b eng  |e pn  |c EBLCP  |d OCLCQ  |d YDXCP  |d OCLCQ  |d ZCU  |d MERUC  |d ICG  |d OCLCO  |d OCLCF  |d OCLCQ  |d DKC  |d OCLCQ  |d OCLCO  |d OCLCQ  |d OCLCO 
020 |a 9781451986259 
020 |a 1451986254 
029 1 |a DEBBG  |b BV044178202 
035 |a (OCoLC)870244716 
050 4 |a HB3722  |b .M63 2009 
049 |a UAMI 
100 1 |a Mody, Ashoka. 
245 1 0 |a From Bear Stearns to Anglo Irish. 
260 |a Washington :  |b International Monetary Fund,  |c 2009. 
300 |a 1 online resource (41 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Papers 
588 0 |a Print version record. 
505 0 |a I. Introduction; II. The Data and Econometric Approach; III. Domestic Finance Matters; IV. The Phases of the Crisis; A. From Subprime Onset to Bear Stearns; B. After Bear Stearns; C. After the Anglo Irish Nationalization; D. Monthly Variations in Spreads; V. Country Differences; A. Following Bear Stearns: Spotlight on Countries' Loss of Competitiveness; B. The Role of Public Debt; VI. Interpreting the Findings; VII. Conclusions; Tables; 1. Weekly Changes in Spreads (basis points); 2. Does Domestic Finance Matter?; 3. Domestic Finance Does Matter; 4. Phases of the Crisis. 
505 8 |a 5. Explaining the Jump in Spreads After the Anglo Irish Nationalization6. Phases as Seen Through Monthly Changes in Spreads; 7. Subprime to Bear Stearns: Limited Differentiation Across Countries; 8. Post Bear Stearns: Country Differentiation By Loss of Competitiveness; 9. The Role of Public Debt; 10. Post-Bear Stearns Country Variations: Monthly Data; Figures; 1. Trends and Dispersion of Eurozone Sovereign Spreads; 2. Sovereign Spreads and Prospects of the Financial Sector; 3. Real Effective Exchange Rate Appreciation from January 2003 to July 2008. 
505 8 |a 4. Correlation Between Debt-to-GDP Ratio and Sovereign Spreads5. Eurozone: Evolving Real GDP Consensus Forecasts for 2009; 6. Change in Growth Projections for 2009 as F-Ratio Changed During 2008; 7. Do Sovereign Spreads Anticipate GDP Growth?; 8. Regimes of High and Low Sovereign Spreads; References. 
520 |a This paper attempts to explain the recent rise and differentiation of sovereign spreads across the countries of the eurozone. Following the onset of the subprime crisis in July 2007, spreads rose but mainly on account of common global factors. The rescue of Bear Stearns in March 2008 marked a turning point. Countries thereafter were increasingly differentiated. Sovereign spreads of a eurozone country tended to rise when the prospects of its domestic financial sector worsened. It appears, therefore, that the rescue of Bear Stearns created a link between financial sector vulnerabilities and a la. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Financial crises. 
650 0 |a Business cycles. 
650 6 |a Cycles économiques. 
650 7 |a Business cycles  |2 fast 
650 7 |a Financial crises  |2 fast 
776 0 8 |i Print version:  |a Mody, Ashoka.  |t From Bear Stearns to Anglo Irish: How Eurozone Sovereign Spreads Related to Financial Sector Vulnerability.  |d Washington : International Monetary Fund, ©2009  |z 9781451872552 
830 0 |a IMF Working Papers. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1605911  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1605911 
938 |a YBP Library Services  |b YANK  |n 11617994 
994 |a 92  |b IZTAP