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environmental impact, the bureau is permitted to set its own preferred policy (optimal delegation) …
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evenly among the team members, including the delegate. We find that delegation causes a small reduction in the group …
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The move to European Banking Union involving the supervision and resolution of banks at euro-area level was stimulated by the sovereign debt crisis in the euro area in 2012. However, the long-term objective of Banking Union is dealing with intensified cross-border banking. The share of the...
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