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: | |
|---|---|
| Outros Autores: | , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 2019/043 |
| Acesso em linha: | Full text available on IMF |