Financial Contagion Through Bank Deleveraging: Stylized Facts and Simulations Applied to the Financi...
Financial Contagion Through Bank Deleveraging: Stylized Facts and Simulations Applied to the Financial Crisis
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Washington, D.C: International Monetary Fund
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English
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Washington, D.C: International Monetary Fund
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The financial crisis has highlighted the importance of various channels of financial contagion across countries. This paper first presents stylized facts of international banking activities during the crisis. It then describes a simple model of financial contagion based on bank balance sheet identities and behavioral assumptions of deleveraging. Ca...
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Financial Contagion Through Bank Deleveraging: Stylized Facts and Simulations Applied to the Financial Crisis
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TN_cdi_gale_infotraccpiq_246179767
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_246179767
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ISBN
9781455209361,1455209368
ISSN
1018-5941
DOI
10.5089/9781455209361.001