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CRISIS OF CONFIDENCE IN DEBT MARKETS
 
     
     CRISIS OF CONFIDENCE IN DEBT MARKETS
     


Autor(es):
Miralles-Marcelo, José Luis
University of Extremadura, Spain
Daza-Izquierdo, Julio


Periódico: Tourism & Management Studies

Fonte: Revista Encontros Científicos - Tourism & Management Studies; PROCEEDINGS TMS ALGARVE 2012: Financial Management, Accounting & Taxation; 802-817

Palavras-chave:


Resumo: The aim of this study is to analyze the sources of thecurrent loss of confidence in the Spanish Public Debt Market, its economicconsequences and possible solutions for this problem. To that end, we focus ourattention on the risk premium risk, factors related to it measure, the negativerole of the rating agencies and the default risk of the financial system.Finally, we present some solutions in form of macroecomic prudential measuresthat could avoid new financial crisis.