What Explains the Surge in Euro Area Sovereign Spreads During the Financial Crisis of 2007-09?

Weak and strong cross‐section dependence and estimation of large panels

2011 • 630 citations

New Evidence on the Interest Rate Effects of Budget Deficits and Debt

2009 • 605 citations

What drives spreads in the euro area government bond market?

2009 • 316 citations

Sovereign Risk Premia in the European Government Bond Market

2004 • 224 citations

FOOL THE MARKETS? CREATIVE ACCOUNTING, FISCAL TRANSPARENCY AND SOVEREIGN RISK PREMIA

2008 • 133 citations

The Margins Of Labor Cost Adjustment: Survey Evidence From European Firms

2010 • 105 citations

Modelling Global Trade Flows: Results from a GVAR Model

2009 • 101 citations

Flight-to-Quality or Flight-to-Liquidity? Evidence from the Euro-Area Bond Market

2006 • 71 citations

Determinants of Government Bond Spreads in New EU Countries

2010 • 61 citations

Explaining Government Revenue Windfalls and Shortfalls: An Analysis for Selected EU Countries

2009 • 56 citations

Measuring Systematic Risk in EMU Government Yield Spreads

2003 • 41 citations

Interbank lending, credit risk premia and collateral

2009 • 36 citations

Fiscal Policy and Interest Rates in Europe

2004 • 33 citations

Fiscal Variables and Bond Spreads: Evidence from Eastern European Countries and Turkey

2009 • 32 citations

Fiscal Policy Events and Interest Rate Swap Spreads: Evidence from the EU

2004 • 26 citations

Which News Moves the Euro Area Bond Market

2006 • 18 citations

Monetary Policy and Potential Output Uncertainty: A Quantitative Assessment

2009 • 6 citations