The factors triggering the sovereign crisis and their impact on sovereign CDS spreads
This paper attempts to identify the factors behind the sovereign default risk, as measured by sovereign CDS spreads. By analyzing monthly data from January 2007 to September 2015 using instrumental variable approach, we find that European sovereign default risk is partly a response to a macroe...
| Main Authors: | , |
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| Format: | Article |
| Language: | Arabic |
| Published: |
University of Boumerdes
2020-12-01
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| Series: | المجلة الدولية للأداء الاقتصادي |
| Subjects: | |
| Online Access: | https://ijep.dz/index.php/IJEP/article/view/202 |