Essays on the effects of financial and sovereign crises in macroeconomics
This dissertation consists of three chapters that study the macroeconomic effects of financial and sovereign crises. Chapter I studies how the probability of bailout affects banks’ portfolio decisions in normal times and during a sovereign debt crisis. Theoretically, an increase in the probability o...
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| Language: | en_US |
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2016
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| Online Access: | https://hdl.handle.net/2144/17725 |