Interconnectedness, Systemic Crises and Recessions /
This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios als...
| 1. Verfasser: | Espinosa-Vega, Marco |
|---|---|
| Weitere Verfasser: | Russell, Steven |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2015/046 |
| Online Zugang: | Full text available on IMF |
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