Crisis Transmission in the Global Banking Network

Crisis Transmission in the Global Banking Network
We study the transmission of financial sector shocks across borders through international bank connections. For this purpose, we use data on long-term interbank loans among more than 6,000 banks during 1997-2012 to construct a yearly global network of interbank exposures. We estimate the effect of direct (first-degree) and indirect... READ MORE...

Publication date: April 2016
ISBN 9781475551341
$18.00

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