Results 11 to 20 of about 114,583 (229)
Financial Institutions, Financial Contagion, and Financial Crises [PDF]
IMF Working Papers, 2000 Financial crises are endogenized through corporate and interbank market institutions. Financial crises can emanate from financial institutions which determine the nature of equilibrium in the interbank market.
Chenggang Xu, Haizhou Huang
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Financial Crises and Financial Contagion in Japan
Russian Japanology Review, 2023 The article analyzes the features of the financial crises in Japan in the context of using theoretical and practical approaches to financial contagion. A brief overview is made with the identification of the causes, nature, and consequences in relation ...
A. O. Ovcharov
doaj +4 more sources
Journal of Political Economy, 2000 contagion; bank runs; banking; financial ...
Allen, Franklin, Gale, Douglas
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Contagion in Financial Networks [PDF]
Journal of Economic Literature, 2015 The recent financial crisis has prompted much new research on the interconnectedness of the modern financial system and the extent to which it contributes to systemic fragility. Network connections diversify firms' risk exposures, but they also create channels through which shocks can spread by contagion.
Paul Glasserman, Peyton Young
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Vanishing financial contagion? [PDF]
Journal of Policy Modeling, 2008 While a number of emerging market crises were characterized by widespread contagion during the 1990s, more recent crises (notably, in Argentina) have been mostly contained within national borders. This has led some observers to wonder whether contagion might have become a feature of the past, with markets now better discriminating between countries ...
Didier, Tatiana +2 more
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Contagion in Financial Networks [PDF]
SSRN Electronic Journal, 2007 This paper develops an analytical model of contagion in financial networks with arbitrary structure. We explore how the probability and potential impact of contagion is influenced by aggregate and idiosyncratic shocks, changes in network structure and asset market liquidity.
Gai, Prasanna, Kapadia, Sujit
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Financial globalization, financial crises and contagion [PDF]
Journal of Monetary Economics, 2010 Abstract Two observations suggest that financial globalization played an important role in the recent financial crisis. First, more than half of the rise in net borrowing of the U.S. non-financial sectors since the mid-1980s has been financed by foreign lending. Second, the collapse of the U.S.
Enrique G. Mendoza, Vincenzo Quadrini
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HETEROGENEITY, CORRELATIONS AND FINANCIAL CONTAGION [PDF]
Advances in Complex Systems, 2011 We consider a model of contagion in financial networks recently introduced in Gai, P. and Kapadia, S. [Contagion in financial networks, Proc. R. Soc. A466(2120) (2010) 2401–2423], and we characterize the effect of a few features empirically observed in real networks on the stability of the system.
Fabio Caccioli +2 more
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Rethinking Financial Contagion [PDF]
SSRN Electronic Journal, 2016 How, and to what extent, does an interconnected financial system endogenously amplify external shocks? This paper attempts to reconcile some apparently different views emerged after the 2008 crisis regarding the nature and the relevance of contagion in financial networks.
Visentin, Gabriele +2 more
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Debt and Financial Market Contagion [PDF]
SSRN Electronic Journal, 2015 We empirically investigate why financial crises spread from one country to another. For our analysis, we develop a new multiple-channel test of financial market contagion and construct indices of crisis severity in equity markets in order to examine how the transmission of shocks across countries can be related to direct linkages between countries or ...
Cody Yu-Ling Hsiao, James Morley
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