those of bailouts. Furthermore, we demonstrate that the Euro depreciates significantly against the Yen and US Dollar … following general risk shocks in the euro area and only to a small extent following bailout shocks. The Pound Sterling is not … affected by any of these shocks. The Euro variability is, from the EMU perspective, mainly driven by shocks stemming from large …

economy in which loans priced at par dominate in banks' balance sheets - as a reflection of the euro area's structure - the …

The paper analyses how the IMF brought its experience gained in emerging market sovereign debt crises in the troika …’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in …

recent crises. We use the full transaction level dataset on all repo trades on Eurex Repo, including identifiers for market … participants, to provide a detailed description of the market’s development and microstructure during the crises and under … provision in this market. Cross-segment arbitrage and market making is limited but growing steadily. The reallocation of …

retail customers for the period 2009-2016 at the security level, we find evidence that banks sold off risky euro …

present energy intensity and energy mix. Under growth there will be a positive market price for permits with demand by …