TY - UNPD A1 - Kräussl, Roman A1 - Lehnert, Thorsten A1 - Stefanova, Denitsa T1 - The european sovereign debt crisis: what have we learned? T2 - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 567 N2 - This paper sets the background for the Special Issue of the Journal of Empirical Finance on the European Sovereign Debt Crisis. It identifies the channel through which risks in the financial industry leaked into the public sector. It discusses the role of the bank rescues in igniting the sovereign debt crisis and reviews approaches to detect early warning signals to anticipate the buildup of crises. It concludes with a discussion of potential implications of sovereign distress for financial markets. T3 - CFS working paper series - 567 Y1 - 2017 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/42721 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-427213 UR - https://www.ifk-cfs.de/fileadmin/downloads/publications/wp/2016/CFS_WP_567.pdf PB - Center for Financial Studies CY - Frankfurt, M. ER -