This paper provides a unique snapshot of the exposures of EU banks to shadow banking entities within the global … challenging when shadow banking entities are domiciled in different jurisdictions. The analysis shows that many of the EU banks …' exposures are towards non-EU entities, particularly US-domiciled shadow banking entities. At the individual level, banks …

across manufacturing sectors in a sample of EU27 economies (1995-2009). We discriminate between heterogeneous wage effects on … supporting unconditional skill-specific wage convergence in EU sectors. In a conditional setting, (slow) wage convergence takes …