Hedrich, Carl-Christoph; Hepp, Dominic - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 11, pp. 758-765
between banks and sovereigns is a sensitive issue. Yet sovereign debt is widely exempt from bank regulation. Many banks in …In a monetary union with a single monetary policy and bank supervision but no fi scal union, the interdependence … parameters but to provide a basis for discussion about practicable, incentive-compatible regulation. …