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The recent financial and sovereign debt crises emphasized the interdependence between bank and sovereign default risk and showed that major shocks may lead to a self-reinforcing negative spiral. In this paper, we analyse the pattern of interaction between bank and sovereign default risk by...
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4: Marktwert von Staatsschulden bei einem Haarschnitt -- Anhang 5: Finanzmarktfragmentierung in der Eurozone …
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