IDEAS home Printed from https://ideas.repec.org/a/ban/bancar/v01y2011mjanuaryp15-17.html
   My bibliography  Save this article

Euro and the nearly-sovereign debt

Author

Listed:
  • Matteo Mattei Gentili

    (Università di Pavia)

Abstract

Euro has recently led to a new kind of public debt described as nearlysovereign, expressed in a currency that can not be defined either national nor foreign. In fact, the currency is common, and is governed by the same central bank, but the debts belong to countries whose fiscal and budget policies may be very different.The presence of such debts on the market impose new criteria for evaluation and management by investors, which should take into account endogenous factors such as the situation and the trends of national budgets and the weight of the debtor in the Eurozone.

Suggested Citation

  • Matteo Mattei Gentili, 2011. "Euro and the nearly-sovereign debt," BANCARIA, Bancaria Editrice, vol. 1, pages 15-17, January.
    • Handle: RePEc:ban:bancar:v:01:y:2011:m:january:p:15-17
    as

    Download full text from publisher

    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/2443/bancaria-n-1-2011
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    euro; debito governativo; debito sovrano;
    All these keywords.

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ban:bancar:v:01:y:2011:m:january:p:15-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Francesco Emiliano Tani (email available below). General contact details of provider: https://www.bancaria.it .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.