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We isolate the direct bank-to-sovereign distress channel within the Eurozone’s sovereignbank-loop by exploiting the global, non-Eurozone related variation in stock prices. We instrument banking sector stock returns in the Eurozone with exposure-weighted stock market returns from non-Eurozone...
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as Euro 2012, will be hosted by Poland and Ukraine between 8 June and 1 July 2012. The UEFA's decision gave rise to … tourist and investment attractiveness of the host regions. It was primarily expected that Euro 2012 tournament will speed up … tourist expenditures associated with Euro 2012 on the development of the four Polish host regions- Dolnośląskie, Mazowieckie …
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example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It …Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this … periphery countries, but surely they will drive Euro Area as a whole to stagnation and lost decades of economic growth, if not …
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