CoMap : Mapping Contagion in the Euro Area Banking Sector /

This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral...

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Detalles Bibliográficos
Autor Principal: Ziya Gorpe, Mehmet
Outros autores: Covi, Giovanni, Kok, Christoffer
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/102
Acceso en liña:Full text available on IMF
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100 1 |a Ziya Gorpe, Mehmet. 
245 1 0 |a CoMap :   |b Mapping Contagion in the Euro Area Banking Sector /  |c Mehmet Ziya Gorpe, Giovanni Covi, Christoffer Kok. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (63 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a novel approach to investigate and model the network of euro area banks' large exposures within the global banking system. Drawing on a unique dataset, the paper documents the degree of interconnectedness and systemic risk of the euro area banking system based on bilateral linkages. We develop a Contagion Mapping model fully calibrated with bank-level data to study the contagion potential of an exogenous shock via credit and funding risks. We find that tipping points shifting the euro area banking system from a less vulnerable state to a highly vulnerable state are a non-linear function of the combination of network structures and bank-specific characteristics. 
538 |a Mode of access: Internet 
700 1 |a Covi, Giovanni. 
700 1 |a Kok, Christoffer. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/102 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/102/001.2019.issue-102-en.xml  |z IMF e-Library