Feeling the blues. Moral hazard and debt dilution in Eurobonds before 1914

Debt mutualisation through Eurobonds has been proposed as a solution to the Euro crisis. Although this proposal found some support, it also attracted strong criticisms as it risks raising the spreads for strong countries, diluting legacy debt and promoting moral hazard by weak countries. Because Eur...

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Bibliographic details
Main Author: Esteves, R. P
Tunçer, A. C
Format: Publication
Language: English
Place of publication: 17.03.2016
Data of publication: 2016-03-17
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Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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