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shock. Our contagion mechanism operates through a dual channel of liquidity and solvency risk. The joint modelling of banks …
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This paper examines the relationship between adverse shocks to the banking system and their effect on the general economy in Europe. This topic was brought to the spotlight during the 2007-2009 financial and economic crisis, when the relatively healthy, at that time, European economy was...
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Joachim Bischoff Globale Finanzkrise Über Vermögensblasen, Realökonomie und die »neue Fesselung« des Kapitals VSA: Verlag Hamburg in Kooperation mit der Rosa Luxemburg Stiftung Hamburg Inhalt Immobilien-, Konjunktur- oder Globale Finanzkrise? 7 Wert und Preis der Immobilien ...
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