Potrafke, Niklas; Reischmann, Markus - 2013
Using the new unit root test by Phillips et al. (2011) we show that the Target balances of the German Bundesbank have … Spain), and the Target claims of the German Bundesbank increased significantly. If the Eurozone collapses, the German … Bundesbank would lose its Target claims. Because the German Bundesbank would certainly request a recapitalization from the German …