recourse to central bank finance is rather limited and does not affect the risk-taking behaviour of banks in the non …

We study whether a pre-existing link between bank and sovereign credit risk biased euro area banks' sovereign debt …. As a result, domestic sovereign debt offers ex ante higher returns to bank shareholders than alternative ways to build up …

The positive relationship between bank and sovereign credit risk in the Eurozone, the so-called sovereign-bank nexus …, is seen as a major threat for the stability of the Eurozone. This paper explores potential bank-level and country … as countries' high debt-to-GDP ratios and low perceived government effectiveness are positively related to the sovereign-bank …

enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated …

German banks' ownership structure, heterogeneity in the states' fiscal strength and detailed bank-level panel data on German … banks' state bond portfolio on the security- and bank-level for the time period Q4:2005-Q2:2014. Results show that home …

recourse to central bank finance is rather limited and does not affect the risk-taking behaviour of banks in a non … capitalised banks, a kind of "hidden moral suasion" or "home-biased" gambling for resurrection to actively push the sovereign-bank …

Since the European debt crisis economists and politicians discuss intensively the sovereign-bank nexus. The high … exposure on bank stability. This paper provides a new way to use European stress test data to study this relationship. In … addition, we explore the effect on a bank’s probability of default if the existing capital requirement privilege for EU …