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~isPartOf:"Global Financial Markets Working Paper Series"
~isPartOf:"Journal of Banking & Finance"
~person:"Fahrholz, Christian"
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Fahrholz, Christian
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A Positive Framework to Analyze Sovereign Bail-outs within the EMU
Fahrholz, Christian
;
Wójcik, Cezary
-
Friedrich-Schiller-University Jena
-
2011
We propose a positive formal framework for analyzing sovereign bail-outs in the context of the European Monetary Union (EMU) with a view to making policy recommendations regarding improvements to the EMU institutional architecture. We build our analysis on a political economic game-theoretic...
Persistent link: https://www.econbiz.de/10010860624
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The Eurozone needs exit rules
Fahrholz, Christian
;
Wójcik, Cezary
- In:
Journal of Banking & Finance
37
(
2013
)
11
,
pp. 4665-4674
bailout
from the centre due to the existence of a negative externality arising from its potential default. Secondly, we …
Persistent link: https://www.econbiz.de/10011065710
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