Kräussl, Roman; Lehnert, Thorsten; Stefanova, Denitsa - 2017
the role of the bank rescues in igniting the sovereign debt crisis and reviews approaches to detect early warning signals …This paper sets the background for the Special Issue of the Journal of Empirical Finance on the European Sovereign Debt … Crisis. It identifies the channel through which risks in the financial industry leaked into the public sector. It discusses …