Matches in SemOpenAlex for { <https://semopenalex.org/work/W1556869673> ?p ?o ?g. }
Showing items 1 to 93 of
93
with 100 items per page.
- W1556869673 abstract "There has emerged in the Western economies a strong nexus between the credit risks of financial sectors and their sovereigns. We argue that this phenomenon can be understood in the context of two debt overhang problems: one affecting the financial sector due to its under-capitalization following the crisis of 2007-08; the second, affecting the non-financial sector, whose incentives are crowded out by high sovereign debt and anticipated future taxes. While the desire to resolve the financial sector overhang may make bailouts tempting, they raise the risk of exacerbating the overhang related to sovereign debt. Conversely, reduction of growth prospects due to sovereign debt overhang can make the financial sector riskier as it is highly exposed to sovereign debt both through direct holdings and indirectly through implicit government guarantees. We provide evidence on this important nexus, based on our ongoing research that exploits data on European bank and sovereign credit risks." @default.
- W1556869673 created "2016-06-24" @default.
- W1556869673 creator A5003597161 @default.
- W1556869673 creator A5018386908 @default.
- W1556869673 creator A5050204078 @default.
- W1556869673 date "2012-04-01" @default.
- W1556869673 modified "2023-09-26" @default.
- W1556869673 title "A Tale of Two Overhangs: The Nexus of Financial Sector and Sovereign Credit Risks" @default.
- W1556869673 hasPublicationYear "2012" @default.
- W1556869673 type Work @default.
- W1556869673 sameAs 1556869673 @default.
- W1556869673 citedByCount "5" @default.
- W1556869673 countsByYear W15568696732014 @default.
- W1556869673 countsByYear W15568696732015 @default.
- W1556869673 countsByYear W15568696732016 @default.
- W1556869673 countsByYear W15568696732017 @default.
- W1556869673 crossrefType "posted-content" @default.
- W1556869673 hasAuthorship W1556869673A5003597161 @default.
- W1556869673 hasAuthorship W1556869673A5018386908 @default.
- W1556869673 hasAuthorship W1556869673A5050204078 @default.
- W1556869673 hasConcept C10138342 @default.
- W1556869673 hasConcept C120527767 @default.
- W1556869673 hasConcept C139719470 @default.
- W1556869673 hasConcept C144133560 @default.
- W1556869673 hasConcept C148609458 @default.
- W1556869673 hasConcept C149635348 @default.
- W1556869673 hasConcept C151730666 @default.
- W1556869673 hasConcept C162324750 @default.
- W1556869673 hasConcept C17744445 @default.
- W1556869673 hasConcept C178350159 @default.
- W1556869673 hasConcept C186229450 @default.
- W1556869673 hasConcept C199539241 @default.
- W1556869673 hasConcept C2777482880 @default.
- W1556869673 hasConcept C2778300220 @default.
- W1556869673 hasConcept C2778782394 @default.
- W1556869673 hasConcept C2779343474 @default.
- W1556869673 hasConcept C2986840890 @default.
- W1556869673 hasConcept C2994482091 @default.
- W1556869673 hasConcept C41008148 @default.
- W1556869673 hasConcept C44171179 @default.
- W1556869673 hasConcept C73283319 @default.
- W1556869673 hasConcept C86803240 @default.
- W1556869673 hasConcept C94625758 @default.
- W1556869673 hasConceptScore W1556869673C10138342 @default.
- W1556869673 hasConceptScore W1556869673C120527767 @default.
- W1556869673 hasConceptScore W1556869673C139719470 @default.
- W1556869673 hasConceptScore W1556869673C144133560 @default.
- W1556869673 hasConceptScore W1556869673C148609458 @default.
- W1556869673 hasConceptScore W1556869673C149635348 @default.
- W1556869673 hasConceptScore W1556869673C151730666 @default.
- W1556869673 hasConceptScore W1556869673C162324750 @default.
- W1556869673 hasConceptScore W1556869673C17744445 @default.
- W1556869673 hasConceptScore W1556869673C178350159 @default.
- W1556869673 hasConceptScore W1556869673C186229450 @default.
- W1556869673 hasConceptScore W1556869673C199539241 @default.
- W1556869673 hasConceptScore W1556869673C2777482880 @default.
- W1556869673 hasConceptScore W1556869673C2778300220 @default.
- W1556869673 hasConceptScore W1556869673C2778782394 @default.
- W1556869673 hasConceptScore W1556869673C2779343474 @default.
- W1556869673 hasConceptScore W1556869673C2986840890 @default.
- W1556869673 hasConceptScore W1556869673C2994482091 @default.
- W1556869673 hasConceptScore W1556869673C41008148 @default.
- W1556869673 hasConceptScore W1556869673C44171179 @default.
- W1556869673 hasConceptScore W1556869673C73283319 @default.
- W1556869673 hasConceptScore W1556869673C86803240 @default.
- W1556869673 hasConceptScore W1556869673C94625758 @default.
- W1556869673 hasLocation W15568696731 @default.
- W1556869673 hasOpenAccess W1556869673 @default.
- W1556869673 hasPrimaryLocation W15568696731 @default.
- W1556869673 hasRelatedWork W1552571127 @default.
- W1556869673 hasRelatedWork W1979197894 @default.
- W1556869673 hasRelatedWork W1984205840 @default.
- W1556869673 hasRelatedWork W2042525942 @default.
- W1556869673 hasRelatedWork W2086642727 @default.
- W1556869673 hasRelatedWork W2101272752 @default.
- W1556869673 hasRelatedWork W2110196098 @default.
- W1556869673 hasRelatedWork W2110484014 @default.
- W1556869673 hasRelatedWork W2182413820 @default.
- W1556869673 hasRelatedWork W2613290631 @default.
- W1556869673 hasRelatedWork W3048455214 @default.
- W1556869673 hasRelatedWork W3121229229 @default.
- W1556869673 hasRelatedWork W3121560914 @default.
- W1556869673 hasRelatedWork W3121923300 @default.
- W1556869673 hasRelatedWork W3123068955 @default.
- W1556869673 hasRelatedWork W3123271288 @default.
- W1556869673 hasRelatedWork W3123324914 @default.
- W1556869673 hasRelatedWork W3124110511 @default.
- W1556869673 hasRelatedWork W3125772711 @default.
- W1556869673 hasRelatedWork W3129169854 @default.
- W1556869673 isParatext "false" @default.
- W1556869673 isRetracted "false" @default.
- W1556869673 magId "1556869673" @default.
- W1556869673 workType "article" @default.