Klaus, Benjamin; Schäfer, Dorothea - In: DIW Economic Bulletin 3 (2013) 6, pp. 3-14
Many banks are now too big, complex, and closely interconnected to be liquidated. When they run into difficulties, they threaten the entire financial system of their economic area. Five years of financial crisis have not alleviated but exacerbated this problem. The cost of stabilizing banks is...
