Euro area sovereign debt crisis and debt mutualisation

We study debt mutualisation in the Euro area. Bearing in mind other existing proposals we provide an alternative Blue, Yellow and Red Bonds proposal: blue, would cover debt up to 60% of GDP, yellow would include debt from 60% up to 90% of GDP, and red would cover debt above 90% of GDP. Although not...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Alcântara, Marcelo (author)
Format: workingPaper
Language:eng
Published: 2016
Subjects:
Online Access:http://hdl.handle.net/10400.5/11098
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/11098