{"id":7900,"date":"2015-03-12T11:06:07","date_gmt":"2015-03-12T09:06:07","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=7900"},"modified":"2015-03-16T10:38:14","modified_gmt":"2015-03-16T08:38:14","slug":"sovereign-debt-bailouts-and-contagion-in-the-eurozone","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/sovereign-debt-bailouts-and-contagion-in-the-eurozone\/","title":{"rendered":"Sovereign debt, bailouts and contagion in the Eurozone"},"content":{"rendered":"<p>Michal Kobielarz, Burak Uras &amp; Sylvester Eijffinger.<\/p>\n<div class=\"article-teaser\">\n<p>The Eurozone Crisis has been characterised by a sharp rise in sovereign interest rates in peripheral countries. The re-emergence of spreads between peripheral and core Eurozone countries at the start of the Greek crisis came after a decade of homogeneous interest rates in the monetary union. This column investigates the behaviour of spreads through the lens of a theory of implicit bailout guarantees.<\/p>\n<p><span style=\"color: #000000;\"><b>\u03a0\u03b7\u03b3\u03ae:\u00a0<\/b>Voxeu<\/span><\/p>\n<p><a href=\"http:\/\/www.voxeu.org\/article\/eurozone-debt-bailouts-and-contagion\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michal Kobielarz, Burak Uras &amp; Sylvester Eijffinger. The Eurozone Crisis has been characterised by a sharp rise in sovereign interest rates in peripheral countries. The re-emergence of spreads between peripheral and core Eurozone countries at the start of the Greek crisis came after a decade of homogeneous interest rates in the monetary union. This column [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37,4],"tags":[26,27],"class_list":["post-7900","post","type-post","status-publish","format-standard","hentry","category-18","category-37","category-proposals","tag-26","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=7900"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7900\/revisions"}],"predecessor-version":[{"id":7901,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/7900\/revisions\/7901"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=7900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=7900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=7900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}