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of the banking union. The Bank Recovery and Resolution Directive (BRRD) represents an important milestone in the … opposite principle of bail-in, which makes the bank recapitalized from the internal resources at the detriment of investors and …
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estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks … effects of bank asset losses, of government support for banks, and other fiscal stimulus measures, in the EA. Our results …
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