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...
Main Author: | |
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | IMF Working Papers; Working Paper ;
No. 2015/046 |
Online Access: | Full text available on IMF |