Hristov, Nikolay; Hülsewig, Oliver; Kolb, Benedikt - 2021
We explore how changes in capital-based macroprudential regulation affect theexposure of national banking sectors to … domestic government debt in the euro area,thus strengthening or weakening the sovereign-bank nexus. To do so, we construct … sovereign bondsin the periphery countries and so deepens the sovereign-bank nexus. By contrast,banks in the core countries …