Fiscal federalism may not be a panacea in a monetary union if it does not address the non-cooperative behaviour between … extra instrument and a policymaker with union-wide objectives may not compensate the adding of a non-cooperative player to …

markets across the globe, call for taking a “macro” view on the interconnections arising in the clearing network. Based on the … analysis of derivatives transactions data reported under the EMIR Regulation we reconstruct the network of relationships in the …-cleared derivatives network is modelled in the form of a multiplex network where each layer is represented by a derivatives asset class …