Regional Financial Interlinkages and Financial Contagion within Europe /

This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit growth; analyzes potential channels of contagion through financial linkages; and assesses...

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Tác giả chính: Otker, Inci
Tác giả khác: Arvai, Zsofia, Driessen, Karl
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2009.
Loạt:IMF Working Papers; Working Paper ; No. 2009/006
Truy cập trực tuyến:Full text available on IMF
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245 1 0 |a Regional Financial Interlinkages and Financial Contagion within Europe /  |c Inci Otker, Karl Driessen, Zsofia Arvai. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2009. 
300 |a 1 online resource (52 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper focuses on financial interlinkages within Europe and potential contagion channeled through these interlinkages. It discusses the increased role of external financing as a source of funding for credit growth; analyzes potential channels of contagion through financial linkages; and assesses the magnitude of cross-border exposures between emerging and western European countries. Based on the stylized facts on these exposures, the paper provides simple indices of exposure to regional contagion that could help identify the likely pressure points and capture potential spillover effects and propagation channels of a regional shock originating from a given country. 
538 |a Mode of access: Internet 
700 1 |a Arvai, Zsofia. 
700 1 |a Driessen, Karl. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2009/006 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2009/006/001.2009.issue-006-en.xml  |z IMF e-Library