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- W3014438866 abstract "In the run-up to the European elections in May 2019, the European Commission is trying to advance the initiatives laid out in its action plan for a European Capital Markets Union (CMU). In order to diversify financing sources and to increase private risk sharing, the CMU aims at deepening the integration of European equity and debt markets. While there are benefits associated with more cross-border investments, the intensification of connectedness between financial market participants in the Eurozone and beyond can also engender systemic risks. This article reviews the debate about the link between capital market integration and financial stability from the perspective of interconnectedness." @default.
- W3014438866 created "2020-04-10" @default.
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- W3014438866 date "2019-01-01" @default.
- W3014438866 modified "2023-09-23" @default.
- W3014438866 title "Stability implications of financial interconnectedness under the Capital Markets Union" @default.
- W3014438866 hasPublicationYear "2019" @default.
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