Bericht

Stability implications of financial interconnectedness under the Capital Markets Union

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.

Language
Englisch

Bibliographic citation
Series: DIW Roundup: Politik im Fokus ; No. 129

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Inhoffen, Justus
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2019

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Inhoffen, Justus
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2019

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