Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis
We develop a theory of information spillovers in sovereign bond markets in which investors
can learn about default risk before trading in primary and secondary markets. If primary …
can learn about default risk before trading in primary and secondary markets. If primary …
Essays on Sovereign Debt Auctions
RA Monteiro - 2024 - search.proquest.com
This dissertation consists of three chapters. In the first chapter, using a dataset containing
individual bids on Portuguese debt auctions, I document changes in investors' demand for …
individual bids on Portuguese debt auctions, I document changes in investors' demand for …
[PDF][PDF] Sovereign debt auctions with strategic interactions
RA Monteiro, S Fourakis - 2023 - ralvesmonteiro.github.io
In this paper, we study the impact that alternative ways of issuing sovereign debt have on
borrowing decisions, the cost of debt, and welfare. We build a model of sovereign borrowing …
borrowing decisions, the cost of debt, and welfare. We build a model of sovereign borrowing …
Essays on Sovereign Debt Auctions
R Alves Monteiro - 2024 - conservancy.umn.edu
This dissertation consists of three chapters. In the first chapter, using a dataset containing
individual bids on Portuguese debt auctions, I document changes in investors' demand for …
individual bids on Portuguese debt auctions, I document changes in investors' demand for …