A comprehensive approach to the euro-area debt crisis
In this Policy Brief Zsolt Darvas, André Sapir and Jean Pisani-Ferry, propose a comprehensive solution to the current European crisis based in three pillars - a plan to restore banking sector soundness, a resolution of sovereign debt crisis including a reduction of the Greek public debt and a strategy to foster growth and competitiveness. The paper provides novel estimates and analysis focusing on the current situation of Greece, Ireland, Portugal and Spain.Bruegel produced a video of the authors Jean Pisani-Ferry, André Sapir and Zsolt Darvas commenting on the "A comprehensive approach to the euro area debt crisis".Watch the video
|Date of creation:||Feb 2011|
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- Geert Bekaert & Robert J. Hodrick, 2000.
"Expectations Hypotheses Tests,"
NBER Working Papers
7609, National Bureau of Economic Research, Inc.
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