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We measure the relative role of sovereign-dependence risk and balance sheet (credit) risk in euro area interbank market …
Persistent link: https://www.econbiz.de/10012913584
-dependence risk and credit risk in the euro area interbank market fragmentation from 2011 to 2015. Before the announcement of OMTs …
Persistent link: https://www.econbiz.de/10012923349
We analyze how financial crises affect international financial integration, exploiting euro area proprietary interbank …
Persistent link: https://www.econbiz.de/10011704823
We analyze how financial crises affect international financial integration, exploiting euro area proprietary interbank …
Persistent link: https://www.econbiz.de/10012948677
This paper develops a theoretical model which replicates main features of the euro overnight interbank market and the …
Persistent link: https://www.econbiz.de/10013103944
empirically shows that the central counterparty (CCP)-based euro interbank repo market features this stability. Using a unique and …
Persistent link: https://www.econbiz.de/10010410308
On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011710723
main euro area payment system. To identify exogenous shocks to central bank liquidity, we exploit the timing of ECB …-facto lender-of-last-resort to the euro area banking system and identify two main effects of central bank liquidity provision on …
Persistent link: https://www.econbiz.de/10013003519
main euro area payment system. To identify exogenous shocks to central bank liquidity, we exploit the timing of ECB …-facto lender-of-last-resort to the euro area banking system and identify two main effects of central bank liquidity provision on …
Persistent link: https://www.econbiz.de/10012998230
We analyze the impact of financial crises and monetary policy on the supply of wholesale funding liquidity, and also on the compositional supply effects through cross-border and relationship lending. For empirical identification, we draw on the proprietary bank-to-bank European interbank dataset...
Persistent link: https://www.econbiz.de/10010471858