Banks, Government Bonds, and Default : What do the Data Say? /
We analyze holdings of public bonds by over 20,000 banks in 191 countries, and the role of these bonds in 20 sovereign defaults over 1998-2012. Banks hold many public bonds (on average 9% of their assets), particularly in less financially-developed countries. During sovereign defaults, banks increas...
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| Weitere Verfasser: | , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2014/120 |
| Online Zugang: | Full text available on IMF |