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...

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Bibliografski detalji
Glavni autor: Espinosa-Vega, Marco
Daljnji autori: Russell, Steven
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2015.
Serija:IMF Working Papers; Working Paper ; No. 2015/046
Online pristup:Full text available on IMF