Sovereigns and Financial Intermediaries Spillovers /
We examine the spillover effects between sovereigns and banks in a model with a heterogeneous banking system. An increase in sovereign's default risk affects financial intermediaries through two channels in this model. First, banks' funding costs might increase, inducing higher interest ra...
| Autor principal: | |
|---|---|
| Altres autors: | , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2019/043 |
| Accés en línia: | Full text available on IMF |