The crisis management framework for banks in the European Union (EU) requires the resolution authorities to identify …

spreads to assess the transmission of credit risk to the non-financial corporate sector. Our findings suggest a sectoral … magnitude and direction of real-sector risk transmission across European countries. While risk transmission to the non …-financial sector increases during crisis events, risk transmission within the non-financial sector remains largely unchanged. …

spreads to assess the transmission of credit risk to the non-financial corporate sector. Our findings suggest a sectoral … magnitude and direction of real-sector risk transmission across European countries. While risk transmission to the non …-financial sector increases during crisis events, risk transmission within the non-financial sector remains largely unchanged. …