Debt trap - monetary indicators of Hungary's indebtedness
AbstractIn the circumstances of the financial crisis, sovereign debts have increased with an effect on foreign exchange rates (NEERs), CDS spreads, market liquidity and debt exposures in foreign currencies. This study aims to examine the features of the Hungarian sovereign debt by analysing the possible interactions among the variables and also the monetary aspects of debt financing. At the end, some conclusions are drawn from a monetary perspective.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 40343.
Date of creation: 2012
Date of revision:
nominal FX rate; real effective FX rate; CDS;
Find related papers by JEL classification:
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
- G01 - Financial Economics - - General - - - Financial Crises
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