Dunne, Peter G. - In: Journal of risk and financial management : JRFM 12 (2019) 2/58, pp. 1-25
This paper contributes to the debate concerning the benefits and disadvantages of introducing a European Sovereign Bond-Backed Securitisation (SBBS) to address the need for a common safe asset that would break destabilising bank-sovereign linkages. The analysis focuses on assessing the...