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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Gennaioli, Nicola
Muut tekijät: Martin, Alberto, Rossi, Stefano
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2014.
Sarja:IMF Working Papers; Working Paper ; No. 2014/120
Linkit:Full text available on IMF