Kick, Thomas; Onali, Enrico; Ruprecht, Benedikt; … - European Central Bank - 2014
which can influence portfolio choice: wealth shocks, which are represented by the sovereign debt crisis in the Euro area … large holdings of securities from stressed Euro area countries (Greece, Ireland, Italy, Portugal, and Spain) decrease the … degree of concentration in their security portfolio as a result of the Euro area crisis, non-financial firms with similar …