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This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financial markets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal disciplin...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Claessens, Stijn (Author), Mody, Ashoka (Author), Vallée, Shahin (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/172.
Subjects:
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