This study introduces two novel metrics that calculate the degree of shock asymmetry which
can be utilized to examine whether countries in a currency area face symmetric shocks. In …

This study employs dynamic connectedness as a measure of financial risk synchronization
considering government bond yields in 11 EMU member states. In particular, large values of …

We aim to determine Eurozone sovereign bond spreads and the ECB's influence through a
generalised model. In a multidimensional structure we regress an extensive set of variables …

We assess the impact of announcements corresponding to different fiscal and monetary
policy measures on 10-year sovereign bond yield spreads (relative to Germany) of 10 EMU …

This paper studies how the announcement of the ECB's monetary policies stopped the
spread of the COVID-19 pandemic to the European sovereign debt market. We show that up …

We assess the transmission of the Targeted Longer‐Term Refinancing Operations (TLTRO)
to the bank credit supply for the Euro area (2014–2017) and for Portugal (2011: 02–2018 …

This paper presents a panoramic overview of sovereign risk research. Based on 143 top
papers and 2343 mainstream papers retrieved, bibliometric analysis and content analysis …

This study explores the interconnectedness of bond markets in the Association of Southeast
Asian Nations (ASEAN-4: Indonesia, Malaysia, the Philippines, and Thailand) with …

A leading economist and former central banker discusses the evolution of central bank
communication from secretiveness to transparency and accountability. Central bank …

Abstract All Foreign Direct Investment (FDI) involves risk. Augmenting the international
finance literature, we assess the effects of financial system risk on FDI trends through …