The Bright and the Dark Side of Cross-Border Banking Linkages /
When a country's banking system becomes more linked to the global banking network, does that system get more or less prone to a banking crisis? Using model simulations and econometric estimates based on a world-wide dataset, we find an M-shaped relationship between financial stability of a coun...
Main Author: | Munoz, Sonia |
---|---|
Other Authors: | Cihak, Martin, Scuzzarella, Ryan |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2011.
|
Series: | IMF Working Papers; Working Paper ;
No. 2011/186 |
Online Access: | Full text available on IMF |
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