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States, Banks, and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives

Editor

Listed:
  • Morten Balling
  • Peter Egger
  • Ernest Gnan

Author

Listed:
  • Morten Balling
  • Peter Egger
  • Ernest Gnan
  • Axel A. Weber
  • Harald W. Stieber
  • Stavros Vourloumis
  • António Afonso
  • João Tovar Jalles
  • Franco Bruni
  • André van Poeck
  • Maartje Wijffelaars
  • Séverine Menguy
  • Wim Boonstra
  • Allard Bruinshoofd
  • Aneta Hryckiewicz

Abstract

On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different angles the complex interrelations between states and financial systems, which have developed in recent years with economic, financial and sovereign debt crises. While the contributions included here primarily look at fiscal policy and sovereign risk perspectives, papers on the monetary policy and regulatory perspectives, which were also dealt with at the Zürich Colloquium, will be published in SUERF Study 2012/3 “States, Banks, and the Financing of the Economy: Monetary Policy and Regulatory Perspectives”.

Suggested Citation

  • Morten Balling & Peter Egger & Ernest Gnan & Axel A. Weber & Harald W. Stieber & Stavros Vourloumis & António Afonso & João Tovar Jalles & Franco Bruni & André van Poeck & Maartje Wijffelaars & Séveri, 2013. "States, Banks, and the Financing of the Economy: Fiscal Policy and Sovereign Risk Perspectives," SUERF Studies, SUERF - The European Money and Finance Forum, number 2013/2 edited by Morten Balling & Peter Egger & Ernest Gnan.
  • Handle: RePEc:erf:erfstu:74
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    bank resolution; Banking Crises; bond market fragmentation; budget decomposition; budget deficit; corporate bonds; credit supply; crisis; Cross-border banking; Debt Sustainability; Economic and Monetary Union; Economic governance; Economic Governance Six-Pack; Enhanced cooperation; Eurobonds; European Semester; Financial markets; financial stability; Fiscal Compact; Fiscal Policy Coordination; Government interventions; Interest rate; Italy; panel analysis; panel causality; Political integration; Public debt; Recession; Sovereign debt; Stability and Growth Pact;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • G1 - Financial Economics - - General Financial Markets
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • H1 - Public Economics - - Structure and Scope of Government
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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