Similar Search Results

Moreno Badía, Marialuz; Medas, Paulo; Gupta, Pranav; … - In: Journal of international money and finance 127 (2022), pp. 1-23

Persistent link: https://www.econbiz.de/10013435653

Zurück zur D-Mark? : Deutschland braucht den Euro

Bofinger, Peter - 2012

Eine Rückkehr zur D-Mark wäre ein Desaster, argumentiert der international renommierte Ökonom und Wirtschaftsweise Peter Bofinger in seiner Streitschrift. Er plädiert für eine grundlegende Reform der Währungsunion und gegen den monetären Nationalismus. Nur der Euro kann den Wohlstand in...

Persistent link: https://www.econbiz.de/10014011450

Bail-In or Bail-Out? A Survey on the ECB's Role of 'Bank-Loss-Absorber of Last Resort'

Amorello, Luca - 2018

The framing of ‘bail-in' as a key resolution tool within the body of the Bank Recovery and Resolution Directive (“BRRD”) has been hailed by many as the end of public bail-outs. For its effective functioning, policymakers and private counterparties have battled to renovate the liability...

Persistent link: https://www.econbiz.de/10012914574

End of the sovereign-bank doom loop in the European Union? : the bank recovery and resolution directive

Covi, Giovanni; Eydam, Ulrich - 2016

In this paper we examine the relationship between the default risk of banks and sovereigns, i.e. the 'doom-loop'. Specifically we try to assess the effectiveness of the implementation of the new recovery and resolution framework. We use a panel with daily data on European banks and sovereigns...

Persistent link: https://www.econbiz.de/10011482170

Eurozone bank resolution and bail-in : intervention, triggers and writedowns

Conlon, Thomas; Cotter, John - 2015

Persistent link: https://www.econbiz.de/10011296173

Einheitliche Abwicklung für Europas Banken : die zentrale Bankenabwicklung in der Eurozone auf dem Prüfstand

Henze, Markus - 2016

Persistent link: https://www.econbiz.de/10011387015

Bail-in expectations for European banks : actions speak louder than words

Schäfer, Alexander; Schnabel, Isabel; Weder, Beatrice - 2016

than bail-out. Over the past years there have been a few cases of European banks being restructured where creditors were …. We find evidence of increased CDS spreads and falling stock prices most notably after the bail-in in Cyprus. However … countries with limited fiscal space for bail-out. Moreover, actual bail-ins lead to stronger market reactions than the legal …

Persistent link: https://www.econbiz.de/10011974709

Why MREL won't help much : minimum requirements for bail-in capital as insufficient remedy for defunct private sector involvement under the European bank resolution framework

Tröger, Tobias - 2017

The bail-in tool as implemented in the European bank resolution framework suffers from severe shortcomings. To some extent, the regulatory framework can remedy the impediments to the desirable incentive effect of private sector involvement (PSI) that emanate from a lack of predictability of...

Persistent link: https://www.econbiz.de/10011711668

Bank resolution within the European Banking Union : from bail-out to bail-in

Kellermann, A. Joanne; Timmermann Thijssen, Myrte Meijer - In: Law & financial stability, (pp. 10-26). 2020

Persistent link: https://www.econbiz.de/10012372783

Monetary policy, bank bailouts and the sovereign-bank risk nexus in the euro area

Fratzscher, Marcel; Rieth, Malte - In: Review of finance : journal of the European Finance … 23 (2019) 4, pp. 745-775

Persistent link: https://www.econbiz.de/10012035135