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crises are extreme cases of this nonlinear behavior, featuring skyrocketing credit spreads, sharp losses in bank equity, and …
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the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …
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results highlight the importance of the starting level of bank capital, bank asset quality, and banks' adjustments for the …
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money market to the eurozone money market during the global financial crisis …
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Monetary policy leaves a fiscal footprint. In some circumstances, relieving the fiscal burden becomes the main goal of policy, and inflation control is subordinate. This article notes that the same is true of macroprudential policy, and it characterizes the size and sign of its fiscal footprint,...
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On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …
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