This thesis focuses on three interlinked topics. Chapter 2 studies the determinants of sovereign CDS spreads in Greece, Ireland, Italy, Portugal and Spain during the recent global financial crisis and European debt crisis. Chapter 3 introduces a model on the interactions between monetary policy rules and long-run financial stability. Chapter 4 studies the effect of openness on the output gap-inflation tradeoff faced by central banks.
|Qualification||Doctor of Philosophy|
|Award date||21 Sep 2012|
|Place of Publication||Tilburg|
|Publication status||Published - 2012|