Sovereign Default Contagion and monetary Policy in an Agent-based Model
Sovereign Default Contagion and monetary Policy in an Agent-based Model
João Silvestre
2020 · DOI: 10.1142/s0219525920500101
Advances in Complex Systems · 0 Citations
TLDR
This research examines whether the impact of sovereign default contagion on the value of a country's sovereign debt can be traced back to a single event, such as a sovereign default in the case of Greece or a eurozone sovereign debt crisis.
Abstract
Sovereign default contagion was one of the most debated topics during the Eurozone sovereign debt crisis. Despite all the improvements in the financial situation since 2010, namely after European C...