financial contagion
Tree Networks to Assess Financial Contagion
... decomposes financial contagion into a global component, composed of inter-country contagion effects, and a local component made up of inter-institutional contagion ...European financial ...
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Multiscale Network Analysis for Financial Contagion
... Abstract: Contagion in financial markets has been one the most active areas of research, especially during the last decade and due to the major incidents during the Global Financial Crisis and the ...
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Financial Institutions, Financial Contagion, and Financial Crises
... endogenizes financial contagion and financial crises from financial ...that financial crises can emanate from financial institutions which generate soft-budget constraints ...the ...
41
Financial Contagion: the Role of Banks
... ‘financial contagion’ included the 1997-1998 crises, during which financial troubles that originated in Asia and Russia rapidly spread to other Emerging Market ...a financial crisis is ...
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Application of dynamic factor modelling to financial contagion
... of contagion, the decline of equity indices and the changes in volatility derived from financial contagion ...and financial investments of a small country would have a smaller impact on a ...
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The unholy trinity of financial contagion
... consider the possible trade channel, whether the affected countries shared similar characteristics with the crisis country and with each other, and whether a common creditor was present with the possible financial ...
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Essays on financial contagion and financial crises
... the financial markets around the world have experienced several episodes of financial crises, notably the Latin American crises in 1990s, the Asian crises in late 1990s, and very recently the global ...
141
Regional Financial Interlinkages and Financial Contagion within Europe
... that financial interlinkages within Eu- rope are economically ...The financial sectors of most CESE countries are dominated by institutions that belong to a limited number of financial groups with ...
19
Portfolio Diversification, Leverage, and Financial Contagion
... at financial contagion by studying the predictions of the textbook model of portfolio ...that contagion occurred after the Russian unilateral restructuring because financial institutions use ...
18
Information acquisition and financial contagion.
... model contagion. In this framework, contagion and financial crises are the result of information gathering by depositors, weak fundamentals and an incomplete market structure of ...
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A statistical procedure for testing financial contagion
... of financial markets show various synchronous amplifi- cation processes which can be easily confused with ...of contagion effects between ...to financial contagion ...of contagion which ...
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Financial contagion reloaded: the case of Cyprus
... The moment that prefigured Cyprus’ “ fate ” was the euro zone Summit of 26-27 October 2011 in Brussels, when it was decided that the Greece debt would be reduced by circa Euro 100 billion, by the means of a “ voluntary ” ...
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Financial Contagion Inevitable: Courtesy- Brexit
... Credit Risk has been the major reason for the failure of the world greatest banking regulations which includes Basel III norms. Credit risk threatens the profitability and survival of the banks in the major economies. ...
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The Unholy Trinity of Financial Contagion
... international borders? Some models have emphasized investor behavior that gives rise to the possibility of herding and fads. It is no doubt possible (if not appealing to many economists) that such “irrational ...
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Financial Contagion and the European Debt Crisis
... The aim of this paper is to find the dynamic correlation structures of specific Euro Area government bond yields. Because we therefore study the dynamics of some assets’ comovements and their correlation strcuture we ...
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Financial Contagion Journal of Political Economy
... The prevalence of ¯nancial crises has led many to conclude that the ¯- nancial sector is unusually susceptible to shocks. One theory is that small shocks, which initially only a®ect a few institutions or a particular ...
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Financial Institutions, Financial Contagion, and Financial Crises
... In the above analysis the government has unlimited resources to bail out all the troubled banks, thus a bank run can still be averted. If the number of illiquid banks is large and the government has a binding budget ...
42
Financial Contagion in Interbank Networks
... the financial system, our principal segment of investigation is the one composed by large banks and large firms since, as a matter of fact, they are more involved in risky business, manage bigger volumes of money ...
81
Financial Institutions, Financial Contagion, and Financial Crises
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Dual Banking and Financial Contagion
... and the economies of scale are likely to decline reducing the return of the investment activities. In our model we enable different levels of the negative externality affecting the return of the long investment projects. ...
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