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...

Повний опис

Бібліографічні деталі
Автор: Espinosa-Vega, Marco
Інші автори: Russell, Steven
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2015.
Серія:IMF Working Papers; Working Paper ; No. 2015/046
Онлайн доступ:Full text available on IMF