All Outputs (3)

The economic impact of political instability and mass civil protest (2021)
Journal Article
Matta, S., Bleaney, M., & Appleton, S. (2022). The economic impact of political instability and mass civil protest. Economics and Politics, 34(1), 253-270. https://doi.org/10.1111/ecpo.12197

An extensive literature has examined the economic effects of non-violent political instability events. Nonetheless, the issue of whether economies react differently over time to such events remains largely unexplored. Using synthetic control methodol... Read More about The economic impact of political instability and mass civil protest.

Reserve Volatility and the Identification of Exchange Rate Regimes (2021)
Journal Article
Bleaney, M., & Tian, M. (2021). Reserve Volatility and the Identification of Exchange Rate Regimes. Open Economies Review, 32(4), 701–723. https://doi.org/10.1007/s11079-021-09617-7

Should exchange rate regime classifications be based purely on some measure of exchange rate flexibility, or should such flexibility be judged in proportion to the degree of exchange market pressure (EMP), as reflected in the behaviour of internation... Read More about Reserve Volatility and the Identification of Exchange Rate Regimes.

Redenomination risk in eurozone corporate bond spreads (2021)
Journal Article
Bleaney, M., & Veleanu, V. (2021). Redenomination risk in eurozone corporate bond spreads. European Journal of Finance, 27(13), 1303-1325. https://doi.org/10.1080/1351847x.2021.1882524

We investigate the risk spillover from euro area government bond spreads (relative to a safe German government bond of similar maturity) to nonfinancial corporate bonds in France, the Netherlands (‘hard’ euro-area countries), and Italy, Portugal and... Read More about Redenomination risk in eurozone corporate bond spreads.