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RePEcRisk, Credit & Banking

Systemic at Home: the Persistence of a Too-Big-to-Fail Premium in Europe

European banks with assets exceeding half of home GDP enjoy at least 30 percent lower credit spreads, and this implicit subsidy persists and depends on sovereign fiscal strength.

Featured in No. 132 on 25 Sep 2026 · 8 days after release

Time-varying estimate of TBTF wedge, scaled to Dec 2024
Figure 1: Time-varying estimate of TBTF wedge, scaled to Dec 2024
Released
17 Sep 2026
First featured
No. 132 · 25 Sep 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
2 of 5
Identifier
RePEc:dnb:dnbwpp:868
Authors
Laura Deen and Daniel Dimitrov

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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