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Introduction

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Part of the Studies in Systems, Decision and Control book series (SSDC,volume 409)

Abstract

The issue of sovereign default has grown in importance in the past decade, especially in the euro area (EA). The fear of the potential negative consequences of a default of an EA government has led to a number of sovereign and bank bailouts and affected interest rates, capital flows, trade, and economic growth in Europe and around the globe.

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Notes

  1. 1.

    Segoviano (2006) calls the method Consistent Information Multivariate Density Optimization (CIMDO).

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Correspondence to Deyan Radev .

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Radev, D. (2022). Introduction. In: Measuring Systemic Risk. Studies in Systems, Decision and Control, vol 409. Springer, Cham. https://doi.org/10.1007/978-3-030-94281-6_1

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  • DOI: https://doi.org/10.1007/978-3-030-94281-6_1

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