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This paper studies the effects of government guarantees on the interconnection between banking and sovereign debt crises in a framework where both the banks and the government are fragile and the credibility and feasibility of the guarantees are determined endogenously. The analysis delivers...
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radikaler nationalistischer Parteien zeigt. Ein grundlegender Wandel der Wirtschaftspolitik im Sinne der neuen Linksparteien und …
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German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what … the German government pushed during the Eurozone crisis have been informed by the ordoliberal tradition. In particular … extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper …
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