Spain : Financial Sector Assessment Program-Technical Note-Interconnectedness and Spillover Analysis in Spain's Financial System.

This Technical Note discusses the findings of the Financial Sector Assessment Program about interconnectedness and spillover in Spain's financial system. Financial intermediaries in Spain are interconnected through conglomerate ownership, common exposures, and inter-sectoral claims. The main so...

詳細記述

書誌詳細
団体著者: International Monetary Fund. Monetary and Capital Markets Department
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2017.
シリーズ:IMF Staff Country Reports; Country Report ; No. 2017/344
オンライン・アクセス:Full text available on IMF
その他の書誌記述
要約:This Technical Note discusses the findings of the Financial Sector Assessment Program about interconnectedness and spillover in Spain's financial system. Financial intermediaries in Spain are interconnected through conglomerate ownership, common exposures, and inter-sectoral claims. The main source of cross-sectoral connectedness appears to be insurance companies' exposures to banks, while exposures of banks to insurers or to mutual funds appear limited at present. Empirical analysis using both exposure and market data suggest strong cross-border interconnectedness. Contagion within the domestic interbank market appears to be limited at present. There are also strong cross-sectoral linkages between banks and other parts of the financial system in Spain, but systemic risks from those linkages appear to be limited.
記述事項:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
物理的記述:1 online resource (67 pages)
フォーマット:Mode of access: Internet
ISSN:1934-7685
アクセス:Electronic access restricted to authorized BRAC University faculty, staff and students