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Examines efforts to strengthen Economic and Monetary Union in the European Union, especially over the last decade. It also reviews the wide-ranging reforms undertaken since the crises of the early 2010s and assesses whether they go far enough.
Persistent link: https://www.econbiz.de/10014466680
We propose a simple method for measuring systemic sovereign credit risk in the Eurozone by linking sovereign defaults … risk for nine countries in the core and peripheral Eurozone between May 2010 and January 2014. We find that the prevailing …
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We assess the role of financial linkages in the transmission of sovereign risk in the Euro Crisis. Building on the …
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during times of crisis for the correct assessment of interacting risks …
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