A very highly timely forum was held in Dublin City University (DCU) on June 12 with experts from across the academic world on the subject of politics/economics of sovereign debt – mainly, the eurozone. The blurb was as follows: “The debt crises in Ireland and Europe require a combination of political and economic analysis. This conference includes cutting-edge papers from leading international scholars.”
Key papers presented were as follows (well worth a read):
- Michael Bechtel (University of St .Gallen), Jens Hainmueller (Massachusetts Institute of Technology) and Yotam Margalit (Columbia University) ‘Studying Public Opinion on the Eurozone Bailouts‘
- Roman Goldach and Christian Fahrholz (Friedrich Schiller University, Jena) ‘The Euro Area’s Common Default Risk: Evidence on the Commission’s Effect on Uncertainty‘
- Iain McMenamin, Michael Breen, Juan Muñoz-Portillo (Dublin City University) ‘Elections, Institutions and Sovereign Debt‘
- James Alt (Harvard University), David Lassen (University of Copenhagen) and Joachim Wehner ‘Moral Hazard in an Economic Union: Domestic Politics, Transparency, and Fiscal Gimmickry in Europe‘
- Marc Flandreau (Graduate Institute of International and Development Studies) ‘Collective Action Clauses before they had Airplanes: Bondholder Committees and the London Stock Exchange in the 19th Century (1827-1868)‘
- Lauren M. Phillips (London School of Economics and Political Science) ‘Politics, Policy and Financial Market Volatility in Advanced Economies‘