Who Are These Bond Vigilantes Anyway? The Political Economy of Sovereign Debt Ownership in the Eurozone
Very happy to announce that this has finally been published: https://twitter.com/MPIfG_Cologne/status/1257955428295757824
Several">https://twitter.com/MPIfG_Col... tweets will follow, including a summary
First of all, a big shout-out to all the people who have helped & supported this project through discussions and feedback. Thanks a lot to @C_Lapavitsas @sanha926 @DanielaGabor @JeromeRoos @BJMbraun @Liliann_F @hsc55 @DanMertens @fichtner_jan. A summary (1/n)
->SUMMARY THREAD: here is a new, orderly summary thread (voilà @ggargiulo3). Apologies for not having figured this out before and re-posting this. See the old summary thread for all the people who helped in this project one way or another. 1/25
The project was inspired by Streeck& #39;s Buying time to try to understand the structural power of financial markets over states ("market discipline"). Streeck rightly points out speculative nature of his claims -> we simply don& #39;t have disag. data on bondholders 2/25
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