000			02129nam a22002657a 4500
005			20240305165624.0
007			cr|||| ||||
008			220114s2020 eu |||||s||||i00||0 eng d
020			_a978-92-76-20873-0
035			_a34208
040			_avLex
090			_c12826 _d12826
100	1		_aMaccaferri, Sara
245	1	0	_aBanks’ bail-in and the new banking regulation _h[Recurso electrónico] : _bAn EU event study / _cSara Maccaferri, Mario Bellia
256			_aServicio en línea
260			_aBruselas: _bEuropean Union Publications Office, _c2020
300			_a1 recurso electrónico
500			_aThe purpose of the study is to estimate the short term reaction of equity and CDS prices of a sample of European banks to various events and announcements, such as bail-ins, recapitalisations, and the proposal and final agreement of the EU reform package of prudential and resolution rules in banking (“banking package”). This study replicates and expand Schäfer et al. (2017) to include more recent EU events, such as the resolution of Banco Popular and the further tightening of EU prudential and resolution rules in 2019. Overall, our analysis shows the most recent events did not seem to trigger abnormal reactions in bank funding markets after bank prudential and resolution reforms were implemented in the EU in 2016. An exception is the 2018 Council agreement on its general approach to the proposed banking package. While the 2016 and 2019 reforms of EU prudential and resolution rules seem to have increased perceived probabilities of bail-in, the latter seem not to be affected significantly by more recent individual cases.
506	1		_aDisponible solo en los productos indicados _dvLex Global _dvLex Global (Academic Edition, excluding Law Schools) _dvLex Global (U.S. Academic Edition, Law Schools) _dvLex Global (U.S. Academic Edition, excluding Law Schools) _dvLex Global (Academic Edition, Law Schools)
650	0	4	_aDerecho Comunitario _zUnión Europea
700	1		_aBellia, Mario
740	0		_avLex Libros (Servicio en línea)
856	4	0	_uhttps://app.vlex.com/#/sources/34208
942			_cRAA
999			_c171062 _d171062