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Did the climb on the Greek sovereign spreads cause the devaluation of euro?


Reference:

Kasimati, E., 2011. Did the climb on the Greek sovereign spreads cause the devaluation of euro? Applied Economics Letters, 18 (9), pp. 851-854.

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Official URL:

http://dx.doi.org/10.1080/13504851.2010.503927

Abstract

Despite the minimal size of the Greek economy within eurozone, our Error-Correction Model (ECM) identified that the deterioration in the public finances of the Greek government caused the euro depreciation over the last weeks of 2009 and first weeks of 2010.

Details

Item Type Articles
CreatorsKasimati, E.
DOI10.1080/13504851.2010.503927
DepartmentsFaculty of Humanities & Social Sciences > Economics
RefereedYes
StatusPublished
ID Code24329

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