Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops
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下载链接:
https://www.nber.org/papers/w21843
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资源简介:
The recent unravelling of the Eurozone's financial integration raised concerns about feedback loops between sovereign and banking insolvency. This paper provides a theory of the feedback loop that allows for both domestic bailouts of the banking system and sovereign debt forgiveness by international
提供机构:
美国国家经济研究局
创建时间:
2016-01-01



