Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis /

Large fiscal financing needs, both in advanced and emerging market economies, have often been met by borrowing heavily from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure to sovereign risk created a fragile inter-dependence betwe...

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Bibliografiske detaljer
Hovedforfatter: Adler, Gustavo
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/178
Online adgang:Full text available on IMF

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