Browsing College of Business, Public Policy and Law by Author "|~|IRCHSS|~|"
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Critical transitions in Eurozone sovereign bond markets
Metadjer, Naoise; Raghavendra, Srinivas (Department of Economics, National University of Ireland, Galway, 2013)In this paper we present empirical evidence that the sovereign bond markets may have undergone a catastrophic transition during the Eurozone debt crisis. We find evidence of a phenomenon called critical slowing down that ...