...Carlos J. Rincon; Olga V. Alekseeva Purpose This study assesses the impact of the European Central Bank's (ECB) Unconventional Monetary Policy (UMP) on economic growth via its effects on sovereign bond yields in the Eurozone. Unlike previous studies that focus on high-frequency data and short-term...

... the outcome is not what it was forecast and many sectors of Greek economy are in a worsen shape. Eurozone debt crisis Greek debt crisis Macroeconomic fundamentals Sovereign bonds Unrestricted VAR After the tremendous housing crisis of the sub-primes, international capital markets have altered...