Fiscal federalism as a solution for the eurozone problems by Tomasz Rosiak

“…As for now the causes of world financial crisis and European debt crisis are not the main subject of economists’ polemics. …”
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Non-Normal Market Losses and Spatial Dependence Using Uncertainty Indices by Catalina Bolancé, Carlos Alberto Acuña, Salvador Torra

“…We show the impact of systemic risk on spatial dependence related to the most significant financial crises from 2005: the Lehman Brothers bankruptcy, the sub-prime mortgage crisis, the European debt crisis, Brexit and the COVID-19 pandemic, which also affected the financial markets. …”
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Essays on schadenfreude: evidence from natural experiments by Cavalli, N

“…In Chapter 1, I find that, during the European debt crisis, exposure to news concerning Greece - a stigmatised group, described as a financial burden to other nations -, was associated to increased levels of self-reported well-being in a sample of European respondents. …”

Il possibile impatto dei rating emessi dalle agenzie e un’analisi dei giudizi sul debito sovrano emessi da Standard & Poor’s.(The potential impact of credit rating agencies: an an... by Marco Langiulli

“…Ratings on sovereign debt issued by Credit Rating Agencies may have a great influence on investors’ expectations. During the European Debt crisis, peripheral Eurozone countries were repeatedly downgraded. …”
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Option pricing : different approaches to black-Scholes and Heston models with empirical tests. by Lu, Xi., Lu, Yaoren., Wu, Xuefei.

“…In addition, empirical tests with data from Standard & Poor's 500 index options are launched to compare the effectiveness of two models, in recent volatile options market after European debt crisis. The experimental results conclude that Heston model fits the market better than Black-Scholes model. …”
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COVID-19 and connectedness between Sustainable and Islamic equity markets by Muhammad Abubakr Naeem, Saqib Farid, Muhammad Arif, Andrea Paltrinieri, Majed Alharthi

“…The time-varying connectedness analysis suggests enhanced connectedness during periods of market-wide turmoil, such as the European debt crisis, the Chinese financial crisis, and the COVID-19 pandemic. …”
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The meaning of structural breaks for risk management: new evidence, mechanisms, and innovative views for the post-COVID-19 era by Chikashi Tsuji

“…In addition, we further reveal that the estimated volatilities obtained through incorporating structural breaks increase sharply during momentous events such as the Lehman crisis, the European debt crisis, Brexit, and the recent COVID-19 crisis. …”
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Volatility regimes of selected central European stock returns: a Markov switching GARCH approach by Michaela Chocholatá

“…Consideration of the MS-GARCH-type models enabled to capture various volatility switches during the analysed period attributable mainly to the global financial crisis 2008–2009, to European debt crisis in 2011 and to the Covid-19 pandemic in 2020. …”
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Management’s Discretionary Assessments of Goodwill Impairments—Evidence from STOXX Europe 600 by Frode Kjærland, Kristian Forbord, Are Oust, Håkon Stephani

“…In addition, we find that the global financial crisis in 2008–2009 and the European debt crisis in 2011 differ significantly from other fiscal years.…”
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Trend analysis of global stock market linkage based on a dynamic conditional correlation network by Kedong Yin, Zhe Liu, Peide Liu

“…The original contribution of this paper is that contrary to previous works, financial events such as Quantitative Easing (QE) and Bailouts are accounted for rather than only crisis factors such as the 2008 financial crisis and the European Debt crisis. The main findings of the paper are as follows: (1) Financial crisis promotes and strengthens global stock markets linkage in the short run; (2) Linkage cycles post crisis are significantly short, due to the effect of monetary policy spillover effects caused by QE from developed to developing countries; and (3) European stock markets are the information transmission hub for global stock market. …”
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Structure and dynamics of financial networks by feature ranking method by Mahmudul Islam Rakib, Ashadun Nobi, Jae Woo Lee

“…We observe that the most influential companies during global financial crisis were in the sector of energy and financial services while during European debt crisis, the companies are in the communication services. …”
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The Impact of COVID-19 on the Connectedness of Stock Index in ASEAN+3 Economies by Mukhriz Izraf Azman Aziz, Norzalina Ahmad, Jin Zichu, Safwan Mohd Nor

“…We show that the COVID-19 pandemic has had a bigger impact on the return and volatilities of ASEAN+3 stock markets than previous economic turmoil, such as the 2008 global financial crisis and the 2009–2012 European debt crisis. Using a frequency domain methodology, we find evidence that return spillovers mostly occur in the short-term, while volatility connectedness is more pronounced in the long-term. …”
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The determinants of capital structure: the evidence from the European Union by Natalia Mokhova, Marek Zinecker

“…The recent global financial crisis and the following European debt crisis show the significance of the country financial stability and its impact on the private sector. …”
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Time-Frequency connectedness between developing countries in the COVID-19 pandemic: The case of East Africa by Lorna Katusiime

“…In addition, the dynamic spillover analysis indicates that connectedness among these EAC markets is highly time-varying and appears to be amplified during global crisis events such as the European debt crisis, Kenyan elections, commodity price shocks and the COVID-19 pandemic. …”
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Price jumps on European stock markets by Jan Hanousek, Evžen Kočenda, Jan Novotný

“…We analyze the dynamics of price jumps and the impact of the European debt crisis using the high-frequency data reported by selected stock exchanges on the European continent during the period January 2008 to June 2012. …”
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Moroccan Stock Exchange market topology in crisis and non-crisis periods by Cherif El Msiyah, Jaouad Madkour, Younes Berouaga, Ayoub Kyoud, Ali Ait Lahcen

“…The study applies the Agglomerative Hierarchical Clustering (AHC) implemented on the Dynamic Time Warping (DTW) distance matrix over ten sub-periods covering numerous crises, from Subprime mortgage crisis to European debt crisis and finally COVID-19 crisis. The obtained clustering results are gathered into a network to display the cumulated interconnections between the sectoral indices. …”
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The drivers of volume volatility: A big data analysis based on economic uncertainty measures for the Greek banking system by Leonidas Theodorakopoulos, Hera Antonopoulou, Vicky Mamalougou, Konstantinos C. Giotopoulos

“…The analysis period covers the period from January 2001 to August 2018, incorporating various market phases, such as the global financial crisis of 2008, the European debt crisis, and capital controls in the Greek economy. …”
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The Dynamic Spillover between Renewable Energy, Crude Oil and Carbon Market: New Evidence from Time and Frequency Domains by Dan Nie, Yanbin Li, Xiyu Li, Xuejiao Zhou, Feng Zhang

“…Fourth, the spillover effect of the system is time-varying and frequency-varying. During the European debt crisis, the international oil price decline and the COVID-19 pandemic, the total spillover index of the system has experienced a substantial increase, mainly driven by medium, medium to long or long term spillovers.…”
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Performance evaluation of actively managed mutual funds by Boikanyo Kenneth Malefo, Heng-Hsing Hsieh, Kathleen Hodnett

“…The second sub-period captures the global financial crisis and the European debt crisis before the European Central Bank (ECB) subsequently implemented the outright monetary transactions (OMT) to curb the yields in Eurozone. …”
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The drivers of current account surplus in Germany and the politics of rebalancing in the Eurozone by Ji, Jason Xianbai

“…Current account deficits have caught the public’s attention as they have contributed to the European debt crisis. However, surpluses also constitute an issue as a deficit in any country must be financed through a surplus in another country. …”
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