Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21843 |
来源ID | Working Paper 21843 |
Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops | |
Emmanuel Farhi; Jean Tirole | |
发表日期 | 2016-01-11 |
出版年 | 2016 |
语种 | 英语 |
摘要 | 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 creditors or solidarity by other countries. Our theory has important implications for the re-nationalization of sovereign debt, macroprudential regulation, and the rationale for banking unions. |
主题 | Macroeconomics ; International Economics ; International Finance ; Globalization and International Relations ; Financial Economics ; Financial Institutions ; Public Economics ; National Fiscal Issues |
URL | https://www.nber.org/papers/w21843 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579517 |
推荐引用方式 GB/T 7714 | Emmanuel Farhi,Jean Tirole. Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21843.pdf(1481KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Emmanuel Farhi]的文章 |
[Jean Tirole]的文章 |
百度学术 |
百度学术中相似的文章 |
[Emmanuel Farhi]的文章 |
[Jean Tirole]的文章 |
必应学术 |
必应学术中相似的文章 |
[Emmanuel Farhi]的文章 |
[Jean Tirole]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。