Cross-border effects of sovereign rating changes on bond yields before and during the Eurozone crisis

• Thesis title in Czech: Cross-border effects of sovereign rating changes on bond yields before and during the Eurozone crisis
• Thesis title in English: Cross-border effects of sovereign rating changes on bond yields before and during the Eurozone crisis
• Key words: public debt, fiscal policy, sustainability
• English key words: public debt, fiscal policy, sustainability
• Academic year of topic announcement: 2012/2013
• Thesis type: diploma thesis
• Thesis language: angličtina
• Department: Institute of Economic Studies (23-IES)
• Supervisor: doc. Ing. Ondřej Schneider, M.Phil., Ph.D.
• Author: hidden - assigned by the advisor
• Date of registration: 17.06.2013
• Date of assignment: 20.06.2013
• Date and time of defence: 23.09.2014 11:30
• Venue of defence: IES
• Date of electronic submission: 30.07.2014
• Date of proceeded defence: 23.09.2014
• Opponents: doc. PhDr. Adam Geršl, Ph.D.

References

Buti, Carnot (2013): The Deabte on Fiscal Plicy in Europe, ECFIN Economic Brief, March 2013
Alesina, de Rugy: Austerity – The Relative Effects of tax Increases and Spending Cuts, Mercatus center, March 2013.
Auerbach: Fiscal Multipliers in recession and Expansion, NEBR, January 2012.
Alesina, Ardagna: The Design of Fiscal Adjustments, NBER, September 2012.
Blanchard, Leigh: Growth Forecast Errors and Fiscal Multipliers, IMF, January 2013.
Eyraud, Weber: The Challenge of Debt Reduction during Fiscal Consolidation, IMF, March 2013.
Baum, Poplawski, Weber: Fiscal Multipliers and the State of the Economy, IMF, December 2012.
How We Rate Sovereigns, Standard and Poors, March 2012
Proposed Refinements to the Sovereign Bond Rating methodology, Moody’s, December 2012.
European Central Bank (2001): Fiscal Policies and Economic growth, ECB Monthly Bulletin, August 2001, Frankfurt. pp 39-54 ONLY.
J. von Hagen, A.H. Hallet and R. Strauch (2002): Quality and Success of Budgetary Consolidations, (Buti, CH2) also NBER, AVAILABLE ONLINE, 49 pages long update on their 2001 paper.
Tanzi: Impact of large public debt on growth, in: Buti, von Hagen and Mongay (2002)
Bezděk, V.; Dybczak, K. and Krejdl, A. (2003): Czech Fiscal Policy: Introductory Analysis (Part II: Cyclically Adjusted Fiscal Balance – OECD and ESCB Methods); Working Paper No.7, Czech National Bank; http://www.cnb.cz/en/pdf/wp7-2003.pdf.