The spectre of financial dominance in the eurozone

Pierpaolo Benigno, Paolo Canofari, Giovanni Di Bartolomeo () and Marcello Messori

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Abstract: The European response to the Covid-19 crisis was swift, but fiscal and monetary policies may risk financial dominance in the eurozone, especially with adverse shocks such as the war in Ukraine. We analyze the risks of overburdening the ECB and advocate for sustainable development through the Next Generation-EU program.

Keywords: financial dominance; ECB; fiscal policy; Next Generation-EU; European Union (search for similar items in EconPapers)
JEL-codes: E52 H63 O52 (search for similar items in EconPapers)
Date: 2022-12
New Economics Papers: this item is included in nep-cis
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Related works:
Journal Article: The Spectre of Financial Dominance in the Eurozone (2024)
Working Paper: The spectre of financial dominance in the eurozone (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ter:wpaper:00156

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