Financial Contagion Through Bank Deleveraging : Stylized Facts and Simulations Applied to the Financial Crisis /

The financial crisis has highlighted the importance of various channels of financial contagion across countries. This paper first presents stylized facts of international banking activities during the crisis. It then describes a simple model of financial contagion based on bank balance sheet identit...

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Xehetasun bibliografikoak
Egile nagusia: Tressel, Thierry
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/236
Sarrera elektronikoa:Full text available on IMF