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...
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| Andere auteurs: | , |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2019/043 |
| Online toegang: | Full text available on IMF |