Essays about: "piigs"

Showing result 1 - 5 of 10 essays containing the word piigs.

  1. 1. Does Populism Influence Economic Policy Making? The cases of Greece and Portugal

    University essay from Lunds universitet/Statsvetenskapliga institutionen

    Author : Moa Jonsson Lundqvist; Hanna Lindahl; [2023]
    Keywords : Portugal; Greece; Populism; Economic Policies; Austerity; Law and Political Science;

    Abstract : The Euro Crisis occurred in several European countries due to high government debt and institutional failures in 2008, leaving many unable to pay their public debts or maintain their budget deficits. During the crisis, a group of three institutions known as the Troika, played a crucial role when offering financial assistance to countries in need of a bailout. READ MORE

  3. 2. Credit rating impact on the CDS market: the case of PIIGS countries coving European debt crisis period

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Xiaoan Zhou; [2018]
    Keywords : Sovereign Credit Rating; Credit Rating Agencies; CDS market; Sovereign CDS spread; European debt crisis;

    Abstract : In this paper, I analyze the impact of sovereign debt rating to CDS market under PIIGS (Portugal, Italy, Ireland, Greece and Spain) context during the European Debt Crisis. Via panel regression, I find country's sovereign rating and outlook have significant impact on the CDS market during the pre-crisis period. READ MORE

  4. 3. Market Reactions to Early Called Elections: A Study Investigating the Announcement Impact of Snap Elections on the European Equity Index Market in 2014

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Evangelos Makris; Lisa Tilly; [2015]
    Keywords : Snap Election; Early Election; Event Study; Sector Effects; Index Returns;

    Abstract : In this thesis, sector reactions to early called elections on the European equity index market in 2014 are examined using the event study methodology. Realized and expected index returns from 15 European countries within Industrials, Consumer Staples, Financials, Information Technology and Telecommunication Services are compared around the snap election announcements in Sweden on December 3 and in Greece on December 9. READ MORE

  5. 4. Transfer of Sovereign Credit Risk to Corporate Borrowing Costs, Evidence from the European Debt Crisis

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Rohan Gupte; Joachim Rogne; [2015]
    Keywords : Sovereign Credit Risk; Corporate Borrowing Costs; Transfer Risk; Sovereign Debt Crisis; CDS Spreads;

    Abstract : This paper studies whether a risk transfer relationship exists between sovereigns and domestic firms in developed economies. We provide empirical evidence that increases in a government's perceived credit risk have considerable negative implications on its private sector by increasing firm cost of borrowing. READ MORE

  6. 5. Oil Price Shocks and Stock Market Returns: A study on Portugal, Ireland, Italy, Greece and Spain.

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anette Brose Olsen; Paul Henriz; [2014]
    Keywords : Oil Price Shock; Stock Market Returns; Unit Root; Vector Autoregressive model; Variance Decomposition; Impulse Response; Business and Economics;

    Abstract : Following the oil price shocks of the 1970s, a great deal of research has been focused on the relationship between oil price changes and macroeconomic variables. However, the body of literature focusing on oil price shocks and stock markets are more limited. READ MORE