Crisis Transmission in the Global Banking Network /

We study the transmission of financial sector shocks across borders through international bank connections. For this purpose, we use data on long-term interbank loans among more than 6,000 banks during 1997-2012 to construct a yearly global network of interbank exposures. We estimate the effect of d...

Full description

Bibliographic Details
Main Author: Hale, Galina
Other Authors: Kapan, Tumer, Minoiu, Camelia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/091
Online Access:Full text available on IMF