Measuring Redenomination Risks in the Euro Area - New Evidence from survey Data

This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June 2012...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 03-2019)
Main Author: Klose, Jens
Format: Article
Language:English
Published: Philipps-Universität Marburg 2019
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Online Access:PDF Full Text
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