Source: European Central Bank (video statements)
Session 1 on fiscal stagnation and sovereign risk on the first day of the Fiscal Policy and Economic and Monetary Union (EMU) Governance conference. The conference is co-organised by the ECB and Fiscal Affairs Department of the IMF.
Session chair: Oscar Arce, European Central Bank
Sovereign default and the decline in interest rates
Jessica Wachter, University of Pennsylvania, together with Max Miller and James Paron
Discussant: Eugenia Gonzalez-Aguado, Toulouse School of Economics
Watch all sessions from the conference: https://www.youtube.com/playlist?list=PLnVAEZuF9FZkp656i2hu_0dlpMBaQfGh0
Conference programme:
https://www.ecb.europa.eu/press/conferences/html/20251031_fiscal_policy_conference.en.html