Banking integration in the EMU: Let’s get real!
收藏DataCite Commons2026-04-01 更新2026-05-07 收录
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https://www.zora.uzh.ch/handle/20.500.14742/158194
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资源简介：
Bank-to-bank lending in the euro area has increased, direct cross-border lending has not. The column shows that dependence on domestic banks reduces risk-sharing in a crisis, reducing GDP growth in affected country-sectors. Benefits from banking integration are only robust to global shocks if banking integration takes the form of cross-border lending to firms and households.
提供机构：
VoxEU, CEPR Policy Portal
创建时间：
2019-07-03
