Financial contagion through bank deleveraging : stylized facts and simulations applied to the financial crisis /
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 identit...
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
©2010
Washington, D.C. : 2010 |
| Series: | IMF Working Papers ;
Working Paper No. 10/236 IMF Working Papers; Working Paper ; No. 2010/236 IMF eLibrary IMF working paper ; WP/10/236 |
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