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We argue that the various proposals aimed at stabilizing the Eurozone using financial engineering do not eliminate the inherent instability of the sovereign bond markets in a monetary union. During crises, this instability becomes systemic and no amount of financial engineering can stabilize an...
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-- Chapter 3. The EU’s Crisis Governance vs Populism -- Chapter 4. The Fiscal and Political Implications of the ECB’s Non …
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-- Chapter 3. The EU’s Crisis Governance vs Populism -- Chapter 4. The Fiscal and Political Implications of the ECB's Non …
Persistent link: https://www.econbiz.de/10012251209