We identify crucial events during the European sovereign debt crisis and investigate their impact on the euro currency … (ECB) actions, and credit rating downgrades affect the value and the crash risk of the euro. We proxy the value changes of … the euro by its abnormal foreign exchange (FX) rate returns with respect to 35 currencies. The crash risk of the euro is …

Using novel monthly data for 226 euro-area banks from 2007 to 2015, we investigate the determinants of changes in banks …

This paper distils three lessons for bank regulation from the experience of the 2009-12 euro-area financial crisis … fiscal distress, and inquires how the regulation of banks' sovereign exposures in the euro area should be changed to mitigate … new regulatory framework of the euro-area "banking union" can be expected to mitigate excessive forbearance and facilitate …

We assess the degree of market fragmentation in the euro-area corporate bond market by disentangling the determinants …

We use a novel disaggregate sectoral euro area dataset with a regional breakdown that allows explicit estimation of the …). Employing a new method to extract factors from over-lapping data blocks, we find for our euro area data set that the sectoral … might lead to new insights regarding the properties of sectoral price changes. -- Disaggregated Prices ; Euro Area Regional …

Euro area panel data between 2003 and 2013, empirical evidence for heterogeneity in borrowing behavior across sectors and …