Buch, Claudia M.; Körner, T.; Weigert, B. - Institut für Wirtschaftsforschung Halle (IWH) - 2013
The agreement to establish a Single Supervisory Mechanism in Europe is a major step towards a Banking Union, consisting of centralized powers for the supervision of banks, the restructuring and resolution of distressed banks, and a common deposit insurance system. In this paper, we argue that...