Cuestas, J.C., Gil-Alana, L.A. and Staehr, K. (2014) Government debt dynamics and the global financial crisis: Has anything changed in the EA12? Economics Letters, 124. 64 - 66. ISSN 1873-7374
Abstract
This paper seeks to shed light on possible changes in the government debt dynamics for the first 12 euro area countries. Structural breaks are present around the global financial crisis for most countries, but not for Germany and France, the two core countries in the euro area. The properties of the government debt dynamics differ markedly across the countries receiving bailouts.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2014 Elsevier B.V. All rights reserved.. This is an author produced version of a paper subsequently published in Economics Letters. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Structural breaks; Debt stock; EU |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 02 Jun 2015 10:41 |
Last Modified: | 25 Jul 2017 07:05 |
Published Version: | http://dx.doi.org/10.1016/j.econlet.2014.04.014 |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.econlet.2014.04.014 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:82773 |