Debt Contagion in Europe: A Panel-Vector Autoregressive (VAR) Analysis
نویسندگان
چکیده
منابع مشابه
Debt Contagion in Europe: A Panel-Vector Autoregressive (VAR) Analysis
Abstract: The European sovereign-debt crisis began in Greece when the government announced in December, 2009, that its debt reached 121% of GDP (or 300 billion euros) and its 2009 budget deficit was 12.7% of GDP, four times the level allowed by the Maastricht Treaty. The Greek crisis soon spread to other Economic and Monetary Union (EMU) countries, notably Ireland, Portugal, Spain and Italy. Us...
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ژورنال
عنوان ژورنال: Social Sciences
سال: 2013
ISSN: 2076-0760
DOI: 10.3390/socsci2040318