At the beginning of 2016, the European Union agreed new rules for bank bail-ins. This new era in policies to combat financial market crises came after a long period characterized by bank “bail out” interventions. In 2008, less than two weeks after the Lehman Brothers’ bankruptcy, Europe started facing a similar crisis to the US […]
Ugo Marani and Giuseppe Lucio Gaeta
Ugo Marani and Giuseppe Lucio Gaeta are both economists at the University of Naples L’Orientale, Naples (Italy).