We offer a detailed empirical investigation of the EMU sovereign-debt crisis. We find a
marked shift in market pricing behaviour from a 'convergence-trade'model before August …

This article uses panel-corrected standard errors (PCSE) estimator and dynamic fixed effects
autoregressive distributed lag (DFE ARDL) estimator to examine the influence of the …

We study whether and how a country's environmental, social, and governance (ESG)
performance relates to its sovereign borrowing costs in international capital markets. We …

We study the determinants of sovereign bond yield spreads across 10 EMU countries
between Q1/1999 and Q1/2010. We apply a semiparametric time-varying coefficient model …

We study the determinants of sovereign bond spreads in the euro area since the introduction
of the euro. We show that an aggregate risk factor is a main driver of spreads. This factor …

This paper empirically investigates the three-way linkages amongst foreign direct investment
(FDI), shadow economy and institutional quality by applying the panel dynamic …

European debates over reform of the fiscal governance of the euro area frequently reference
fiscal federalism in the United States. The" fiscal compact" agreed by the European Council …

Governments have great difficulties designing politically sustainable responses to rising
public debt. These difficulties are grounded in a limited understanding of the popular …

We use a panel of euro area countries to assess the determinants of long-term sovereign
bond yield spreads over the period 1999.01-2010.12. We find that, unlike the period …

Although the energy-growth nexus has been widely investigated in the last several decades,
there are still vivid debates in the energy economics field. This study evaluates the link …