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creditworthiness and European integration -- Still the 'old' Europe? historical legacies and long-term political challenges -- The … Achilles heel of post-war European integration : endogenous preference formation and the boundaries of creditor-state power …
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In the present paper an empirical analysis will point out that government debt as a percentage of GDP has a negative impact (among others) on banking profitability. This impact will be even worse when this debt as a percentage of GDP exceeds a certain critical level. The sample covers during the...
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The age of the euro has cast central banks in a newly prominent role in European integration and in macro …
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