Support the ESM to detect early warning signs of distress in sovereign debt markets
GOPA Luxembourg is selected by the European Stability Mechanism (ESM) to provide consultancy services to support the Economics and Market Analysis team in developing analytical tools that will serve to detect early warning signs of distress in sovereign debt markets in the euro area and beyond. Within the scope of the project is to construct a detailed dataset with potential indicators of market access tensions, and evaluate their ability to forecast episodes when market access is lost, applying various econometric methods.
