Euro zone sovereign crisis spillover to real sector: Is banking sector liquidity a major conduit ?
Mercredi | 2014-12-17 salle B103, 12h-14h Hadi KHALIL – Syed Muhammad Noaman Ahmed SHAH In this paper, we try to analyze the spillover effects of sovereign debt crisis in Euro-area on non-financial corporate sector through banks liquidity creation transmission channel. The existing empirical literature mainly treats the sovereign-bank or bank-corporate nexus while gauging the spillover […]