TY - CHAP A1 - Enderlein, Henrik A1 - Funke, Ole A1 - Lindner, Johannes T1 - The EU budget: which fiscal capacity at the European level? T2 - European Union: Power and policy-making Y1 - 2015 SN - 978-0415715522 SP - 211 EP - 232 PB - Routledge CY - New York ER - TY - CHAP A1 - Dawson, Mark A1 - Enderlein, Henrik A1 - Joerges, Christian T1 - Introduction: The Governance of the Transformation of Europe’s Economic, Political, and constitutional Constellation since the Euro Crisis T2 - Beyond the Crisis: The Governance of Europe’s Economic, Political, and Legal Transformation Y1 - 2015 SN - 9780198752868 U6 - https://doi.org/10.1093/acprof:oso/9780198752868.003.0001 PB - Oxford University Press CY - Oxford ER - TY - JOUR A1 - Enderlein, Henrik A1 - Trebesch, Christoph A1 - Schumacher, Julian T1 - What explains sovereign debt litigation? JF - The Journal of Law and Economics N2 - We study the occurrence of holdout litigation in the context of sovereign defaults. The number of creditor lawsuits against foreign governments has strongly increased over the past decades, but there is a large variation across crisis events. Why are some defaults followed by litigation and others not? What explains the general increase in lawsuits? We address these questions using an economic model of litigation and a new data set capturing the near universe of cases filed against defaulting sovereigns. We find that creditors are more likely to litigate when debt restructurings are large, when governments impose high losses (haircuts), and when the defaulting country is more vulnerable to litigation (open economies and those with a low legal capacity). We conclude that sovereign debt lawsuits can be predicted reasonably well with a simple framework from the law and economics literature. Y1 - 2015 U6 - https://doi.org/10.1086/684228 SN - 1537-5285 VL - 58 IS - 3 SP - 585 EP - 623 PB - University of Chicago Press CY - Chicago ER - TY - CHAP A1 - Enderlein, Henrik T1 - Towards an Ever Closer Economic and Monetary Union? The Politics and Economics of Exploratory Governance T2 - Beyond the Crisis The Governance of Europe’s Economic, Political, and Legal Transformation Y1 - 2015 SN - 9780198752868 U6 - https://doi.org/10.1093/acprof:oso/9780198752868.003.0002 SP - 13 EP - 23 PB - Oxford University Press CY - Oxford ER - TY - CHAP A1 - Enderlein, Henrik T1 - The Euro as a Showcase for Exploratory Governance: Why There Are No Simple Answers T2 - The Governance Report Y1 - 2015 SP - 25 EP - 40 PB - Oxford University Press ER - TY - RPRT A1 - Enderlein, Henrik A1 - Fritz-Vannahme, Joachim A1 - Haas, Jörg T1 - Repair and Prepare: Strenghening Europe’s Economies after the Crisis. Joint Report Jacques Delors Institut - Berlin and Bertelsmann Stiftung Y1 - 2015 ER - TY - RPRT A1 - Enderlein, Henrik A1 - Rubio, Eulalia T1 - 25 years after the Delors-Report: Which lessons for Economic and Monetary Union. Policy Paper No. 109 Notre Europe and Jacques Delors Institut - Berlin. Y1 - 2015 ER - TY - CHAP A1 - Enderlein, Henrik T1 - Outlook: Where Do the EU and the EMU Go from Here? T2 - The Governance Report 2015 Y1 - 2015 PB - Oxford University Press ER - TY - RPRT A1 - Enderlein, Henrik A1 - Bertoncini, Yves A1 - Fernandes, Sofia A1 - Haas, Jörg A1 - Rubio, Eulalia T1 - Weiterentwicklung der WWU Y1 - 2015 ER - TY - EDBOOK A1 - Dawson, Mark A1 - Enderlein, Henrik A1 - Joerges, Christian T1 - The governance report 2015 : Eurozone crisis ; economic governance ; institutional dilemmas ; constitutionalism ; indicators Y1 - 2015 SN - 978-0-19-873431-4 N1 - Available as print in your Hertie Library. Als Druckversion in der Hertie Bibliothek verfügbar. PB - Oxford University Press CY - Oxford ER -