Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157569
Authors: 
Demary, Markus
Year of Publication: 
2016
Series/Report no.: 
IW-Kurzberichte 63.2016
Abstract: 
European financial markets are still fragmented. A lack of cross-border lending and cross-border asset holdings hinders the financing of the economy, the conduct of monetary policy as well as cross-border risk-sharing against asymmetric shocks. Reviving the market for securitizations is vital for achieving these goals. A true European Capital Markets Union is needed, but there are still a lot of obstacles to overcome.
Document Type: 
Research Report

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