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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Munoz, Sonia
Weitere Verfasser: Cihak, Martin, Scuzzarella, Ryan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/186
Online Zugang:Full text available on IMF